As of November 6, 2026, 3 holders' latest Schedule 13D or 13G filings report owning 5% or more of Agora, Inc. The largest reported stake is Bin (Tony) Zhao's, at 27%. 4 filings are on record since August 6, 2025 (Schedule 13G/A, May 15, 2026).
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Key facts
- · Reporting person: Bin (Tony) Zhao · Sole voting: 0 · Shared voting: 91,277,391 · Sole dispositive: 0 · Shared dispositive: 91,277,391 · SCHEDULE 13G/A, 2026-05-15
- · Reporting person: Susquehanna Securities, LLC · Sole voting: 24,717,032 · Shared voting: 24,717,032 · Sole dispositive: 24,717,032 · Shared dispositive: 24,717,032 · SCHEDULE 13G/A, 2026-05-15
- · Holder: Susquehanna Securities, LLC · Percent: 8.3% · SCHEDULE 13G/A
- · Reporting person: TMT General Partner Ltd. · Sole voting: 23,225,227 · Shared voting: 0 · Sole dispositive: 23,225,227 · Shared dispositive: 0 · SCHEDULE 13G/A, 2025-08-06
Agora, Inc. has 4 Schedule 13D or 13G filings on record since 2025-08-06. 3 holders' latest filing reports 5% or more of class a ordinary shares, us$0.0001 par value per share. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| Bin (Tony) Zhao | 27% | 91,277,391 | SCHEDULE 13G/A, 2026-05-15 | 2026-03-31 |
| Susquehanna Securities, LLC | 9.4% | 24,717,032 | SCHEDULE 13G/A, 2026-05-15 | 2026-03-31 |
| TMT General Partner Ltd. | 8.1% | 23,225,227 | SCHEDULE 13G/A, 2025-08-06 | 2025-06-30 |
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More on Agora, Inc. and the records around it.
Agora, Inc. elsewhere on the record
Companies that share a holder
- Susquehanna Securities, LLC also filed stake reports on 45 other companies: AmpliTech Group, Inc. (Aug 2026), Bitdeer Technologies Group (Aug 2026), Compass Diversified Holdings (Aug 2026)
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What the Full Report on Agora, Inc. covers
The Short Answer
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What They Do, And How The Money Works
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Voting and dispositive power, as filed
| Reporting person | Sole voting | Shared voting | Sole dispositive | Shared dispositive | Filing |
|---|---|---|---|---|---|
| Bin (Tony) Zhao | 0 | 91,277,391 | 0 | 91,277,391 | SCHEDULE 13G/A, 2026-05-15 |
| Much ado Limited | 0 | 76,179,938 | 0 | 76,179,938 | SCHEDULE 13G/A, 2026-05-15 |
| YY TZ Limited | 0 | 15,097,453 | 0 | 15,097,453 | SCHEDULE 13G/A, 2026-05-15 |
| Susquehanna Securities, LLC | 24,717,032 | 24,717,032 | 24,717,032 | 24,717,032 | SCHEDULE 13G/A, 2026-05-15 |
| TMT General Partner Ltd. | 23,225,227 | 0 | 23,225,227 | 0 | SCHEDULE 13G/A, 2025-08-06 |
| Morningside China TMT GP II, L.P. | 9,410,604 | 0 | 9,410,604 | 0 | SCHEDULE 13G/A, 2025-08-06 |
| Morningside China TMT Fund II, L.P. | 745,108 | 0 | 745,108 | 0 | SCHEDULE 13G/A, 2025-08-06 |
| Morningside China TMT Top Up Fund, L.P. | 8,665,496 | 0 | 8,665,496 | 0 | SCHEDULE 13G/A, 2025-08-06 |
| Morningside China TMT GP IV, L.P. | 13,814,623 | 0 | 13,814,623 | 0 | SCHEDULE 13G/A, 2025-08-06 |
| Morningside China TMT Special Opportunity Fund II, L.P. | 12,558,748 | 0 | 12,558,748 | 0 | SCHEDULE 13G/A, 2025-08-06 |
| Morningside China TMT Fund IV Co-Investment, L.P. | 1,255,875 | 0 | 1,255,875 | 0 | SCHEDULE 13G/A, 2025-08-06 |
| 5Y Capital GP Limited | 8,901,703 | 0 | 8,901,703 | 0 | SCHEDULE 13G/A, 2025-08-06 |
| Evolution Special Opportunity Fund I, L.P. | 7,740,611 | 0 | 7,740,611 | 0 | SCHEDULE 13G/A, 2025-08-06 |
| Evolution Fund I Co-investment, L.P. | 1,161,092 | 0 | 1,161,092 | 0 | SCHEDULE 13G/A, 2025-08-06 |
The latest filing identifies Agora, Inc. by CUSIP 00851L103 and gives its principal executive office as 8/F, Bldg. 12, ChuangZhiTianDi Phase III, 333 Songhu Road, Shanghai (SCHEDULE 13G/A, 2026-05-15).
What the percentages are based on
Bin (Tony) Zhao: 27.0%. Much ado Limited: 22.5% YY TZ Limited: 4.5%.Bin (Tony) Zhao, SCHEDULE 13G/A, 2026-05-15
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2025-08-06 | TMT General Partner Ltd. | 8.1% | SCHEDULE 13G/A |
| 2025-08-14 | Susquehanna Securities, LLC | 8.3% | SCHEDULE 13G/A |
| 2026-05-15 | Bin (Tony) Zhao | 27% | SCHEDULE 13G/A |
| 2026-05-15 | Susquehanna Securities, LLC | 9.4% | SCHEDULE 13G/A |
Questions about who owns Agora, Inc.
Who owns Agora, Inc.?
On this page, 3 holders' latest ownership filings report 5% or more of Agora, Inc.: Bin (Tony) Zhao (27%, Schedule 13G/A, filed 2026-05-15), Susquehanna Securities, LLC (9.4%, Schedule 13G/A, filed 2026-05-15) and TMT General Partner Ltd. (8.1%, Schedule 13G/A, filed 2025-08-06).
Who are the largest shareholders of Agora, Inc.?
By the share each holder's latest filing reports, the largest holders of Agora, Inc. on this page are Bin (Tony) Zhao (27%), Susquehanna Securities, LLC (9.4%) and TMT General Partner Ltd. (8.1%).
When did Bin (Tony) Zhao buy into Agora, Inc.?
The filings give report dates, not purchase dates. The earliest filing from Bin (Tony) Zhao on this page is the Schedule 13G/A, filed 2026-05-15, reporting 27%. That earliest filing is itself an amendment, which updates an earlier report.
Is this an audit or a full list?
Neither. The ownership list on this page covers only Schedule 13D and 13G filings, which holders make once they own 5% or more of a class of shares (an amendment can report a stake that has since fallen below 5%); 4 such filings are shown here. It is not an audit and not a full cap table: holders who never reached 5% are not listed, and a stake can change after its latest filing.
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Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.