STOCK TITAN

Aurora Mobile Partners with iQIYI to Develop a Smart Advertising and Marketing Ecosystem

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Aurora Mobile Limited (NASDAQ: JG) has partnered with iQIYI, China's leading online video platform, to develop a smart advertising and marketing ecosystem. This collaboration aims to leverage both companies' strengths in marketing, utilizing Aurora Mobile's data resources and machine learning capabilities. The partnership will enhance iQIYI's advertising solutions, allowing advertisers to achieve better targeting and ROI. Aurora Mobile, founded in 2011, continues to expand its services across various industries, driving growth and improving operational efficiency.

Positive
  • Partnership with iQIYI enhances advertising capabilities and market presence.
  • Utilization of machine learning and data resources improves targeting for advertisers.
  • Potential for future innovative advertising models that enhance user experience.
Negative
  • None.

SHENZHEN, China, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading mobile developer service provider in China, today announced that it has entered into a partnership agreement with iQIYI (Nasdaq: IQ), China's leading online video platform, to jointly develop a smart advertising and marketing ecosystem through innovative collaboration that leverages both companies’ complementary strengths in the marketing sector.

iQIYI is one of the most popular online video platforms in China and provides massive, high-quality, and high-definition online video services. iQIYI’s content has always reflected its DNA, which is to create positive energy and youthful vibes as it continues to actively promote innovation throughout its products, technology, content, and marketing. In order to help advertisers achieve their business objectives, iQIYI has been delivering blockbuster content, upgrading its technical support, providing innovative and diverse services and offering the most suitable marketing solutions to its customers.

By leveraging Aurora Mobile’s anonimised data resources and machine learning algorithms, the Company’s advertisement SaaS services have strong time-sensitive labeling capabilities with ultra-wide industry coverage. Not only does the solution customize user labels according to a platform's requirements, but it also adapts to a platform's own label setting to deliver a seamless advertising service, helping advertisers to accurately target potential customers, achieve marketing targets, and reduce the ongoing cost of invalid advertising traffic.

Through the partnership, Aurora Mobile's advertisement SaaS services will improve the way iQIYI's custom labelling system helps advertisers maximize reach, execute precise targeting, deliver effective advertising, and enhance ROI. The strong innovative technology capabilities of the two companies allow for more extensive and in-depth cooperation in the future. Future collaboration may include development of other innovative advertising models that improve user experience and enhance advertising conversion rate. The goal is to support healthy development of an advertising and marketing ecosystem that consistently provides robust, smart, and integrated solutions to clients.

Founded in 2011, Aurora Mobile is a leading mobile developer service provider in China. The Company has launched push notifications, one-key authentication, instant messaging, statistics and analytics, traffic monetization (JG Alliance), JG VaaS, JG UMS and other services. Leveraging its artificial intelligence-based data processing platform, Aurora Mobile is also committed to providing customers with one-stop, diversified big data service solutions, helping customers in various verticals to improve operational efficiency and conduct data-led decision making. Recently, Aurora Mobile signed milestone agreements with a number of leading platforms in the finance, insurance, weather, internet tools, gaming, fresh food e-commerce, online education, telecom and new energy vehicle sectors, including Ping An Bank, Data Center of China Life, Moji Weather, WiFi Master, Lilith Games, Missfresh, 17zuoye, Beijing Unicom, Dongfeng Motor and other well-known companies, to drive user growth, improve user experience and increase traffic value.

About Aurora Mobile Limited

Founded in 2011, Aurora Mobile is a leading mobile developer service provider in China. Aurora Mobile is committed to providing efficient and stable push notification, one-click verification, and APP traffic monetization services to help developers improve operational efficiency, grow and monetize. Meanwhile, Aurora Mobile's vertical applications have expanded to market intelligence, financial risk management, and location-based intelligence, empowering various industries to improve productivity and optimize decision-making.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as Aurora Mobile’s strategic and operational plans, contain forward-looking statements. Aurora Mobile may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Aurora Mobile’s strategies; Aurora Mobile’s future business development, financial condition and results of operations; Aurora Mobile’s ability to attract and retain customers; its ability to develop and effectively market data solutions, and penetrate the existing market for developer services; its ability to transition to the new advertising-driven SaaS-model; its ability maintain or enhance its brand; the competition with current or future competitors; its ability to continue to gain access to mobile data in the future; the laws and regulations relating to data privacy and protection; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and Aurora Mobile undertakes no duty to update such information, except as required under applicable law.

For general inquiry, please contact:

Aurora Mobile Limited
E-mail: ir@jiguang.cn

Christensen
In China
Mr. Eric Yuan
Phone: +86-10-5900-1548
E-mail: eyuan@christensenir.com

In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@christensenir.com


FAQ

What is the significance of the partnership between Aurora Mobile and iQIYI?

The partnership aims to create a smart advertising ecosystem, improving targeting and ROI for advertisers.

What services will Aurora Mobile provide to iQIYI in their partnership?

Aurora Mobile will provide advertisement SaaS services that enhance iQIYI's custom labeling and targeting capabilities.

When was Aurora Mobile founded?

Aurora Mobile was founded in 2011.

What is Aurora Mobile's stock symbol?

Aurora Mobile's stock symbol is JG.

How will the partnership affect advertisers using iQIYI's platform?

The partnership will help advertisers achieve better marketing outcomes through improved targeting and reduced advertising costs.

Aurora Mobile Limited American Depositary Shares

NASDAQ:JG

JG Rankings

JG Latest News

JG Stock Data

37.96M
62.81M
9.79%
0.15%
0.17%
Software - Infrastructure
Technology
Link
United States of America
Shenzhen