Agora, Inc.
Q1 2022 Earnings Call
May 23, 2022, 9:00 p.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Good day, everyone. Thank you for standing by. Welcome to Agora, Inc. first quarter 2022 financial results conference call.
At this time, all participants are in the listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator instructions] Please be advised that today's conference call is being recorded. [Operator instructions].
I'd now like to hand the call over to your first speaker today, Ms. Fionna Chen. Thank you. Please go ahead.
Fionna Chen -- Head of Investor Relations
Thank you, operator. Good morning, everyone, and thank you for joining us for Agora's first quarter 2022 earnings conference call. Our earnings results press release, SEC filings, and a replay of today's call can be found on our IR website at investor.agora.io. Joining me today are Tony Zhao, founder, chairman, and CEO; Jingbo Wang, CFO.
Reconciliations between our GAAP and non-GAAP results can be found in our earnings press release. During this call, we will make forward-looking statements about our future financial performance and other future events interim. These statements are only predictions that are based on what we believe today, and actual results may differ materially. These forward-looking statements are subject to risks, uncertainties, assumptions, and other factors that could affect our financial results and performance of our business and which we discuss in detail in our filings with the SEC, including today's earnings press release and the risk factors and other information contained in the final prospectus relating to our initial public offering.
Agora remains no obligation to update any forward-looking statements we may make on today's call. With that, let me turn it over to Tony. Hi, Tony.
Tony Zhao -- Founder, Chairman, and Chief Executive Officer
Hey. Thanks, Fionna, and welcome, everyone, to our earnings call. As many of you may have known, one of our global headquarters, Shanghai, was hit by an outbreak of omicron in March. The city has been in lockdown for nearly two months now and has just started the process of resuming offline business activities.
During this time, our teams in Shanghai have been working remotely, and there has been no interruption of our business operations, our research and development efforts. Here, I would like to express my sincere gratitude and care to all of our team members impacted by COVID. Before going through our performance in Q1, let's take a look at our leading market position and recognition by independent market observers. According to a recent industry report from CIC, Agora continued to be the undisputed leader in the global real-time engagement platform as a service market with more than twice market share than our nearest competitor both in terms of revenue and number of minutes delivered in 2021.