Aurora Mobile’s AI Bots Platform, GPTBots, Continues to Expand Globally

Rhea-AI Summary

Aurora Mobile , a prominent provider of customer engagement and marketing technology in China, has announced significant progress in its AI Bots platform, GPTBots. The platform witnessed a 90% increase in registered users quarter-over-quarter, growing to over 19,000 users as of March 31, 2024. Notably, more than 85% of these users are from outside China, spanning over 160 countries and various industry verticals. Despite this impressive growth, the revenue contribution from GPTBots remains minimal for the quarter ended March 31, 2024. CEO Weidong Luo highlighted the platform's user-friendly and powerful features that aid global businesses in enhancing productivity.

Positive

• 90% growth in GPTBots registered users quarter-over-quarter.
• Over 19,000 registered users as of March 31, 2024.
• More than 85% of users are international, from over 160 countries.
• Users come from diverse industry verticals.
• Platform features praised for ease of use and powerful capabilities.

Negative

• Revenue contribution from GPTBots is currently very insignificant.

Insights

Market Research Analyst

The milestone of 19,000 registered users for Aurora Mobile’s GPTBots demonstrates substantial early-stage growth, particularly with an impressive 90% quarter-over-quarter increase. This indicates strong market adoption and interest in AI-driven tools for customer engagement. However, the fact that the revenue contribution remains insignificant suggests that the monetization strategy is still in its infancy or the pricing model may need adjustment. For investors, this implies a long-term investment horizon to see significant financial returns. The widespread international adoption (85% of users) across 160 countries also signals potential for global scaling, which could be a positive indicator for future revenue streams. The critical element to monitor will be how the company transitions these registered users into paying customers, improving the revenue contribution. Potential investors should track user engagement metrics and any forthcoming financial updates to gauge the platform's commercial viability.

Tech Expert

The significant uptake in GPTBots users underscores the platform's attractiveness and usability. The fact that it caters to diverse industry verticals highlights its versatility and potential applicability in various business contexts. From a technical perspective, the platform’s scalability to support a vast number of users from different countries without significant reported issues is commendable. However, the challenge lies in sustaining this growth while ensuring the platform's robustness and security. The next steps for Aurora Mobile would likely include enhancing the platform's features and capabilities, ensuring it remains competitive with other AI solutions. This continuous improvement will be important to maintaining and expanding its user base, ultimately impacting the company's market position and investor confidence.

Financial Analyst

For investors, the key takeaway from this update is the apparent discrepancy between user growth and revenue contribution. Despite the strong growth in user base, the revenue impact remains minimal, which raises questions about the effectiveness of the company's monetization strategy. The platform’s early stage suggests there might be a lag before significant revenue is realized, or the company may need to innovate its business model to better capitalize on the growing user base. Investors should closely watch the company’s quarterly reports for signs of revenue growth aligning with user base expansion. Additionally, the company’s ability to convert a high percentage of these registered users into paying customers will be critical in assessing its financial health and future prospects.

SHENZHEN, China, June 13, 2024 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today provides business update on its AI Bots platform, GPTBots.

Further to the Q4 2023 updates provided in February 2024, there have been great progress made in the first quarter of 2024 by the GPTBots. On the heels of the great Q4 2023 momentum, the GPTBots registered users (both corporates and developers) number has exceeded 19,000 as of March 31, 2024 , representing a 90% growth quarter-over-quarter, with more than 85% originated internationally. However, as this business is at an early stage, the revenue contribution to the Company for the quarter ended March 31, 2024 is very insignificant.

Mr. Weidong Luo, Chairman and Chief Executive Officer of Aurora Mobile, commented, “We are pleasantly surprised with the 90% quarter-over-quarter growth in registered user number. These 19,000++ registered users originated from more than 160 countries throughout the world and from varied industry verticals. With the ease of use and yet powerful features, our GPTBots is helping global businesses to have their very own AI bots to improve productivity.”

About Aurora Mobile Limited

Founded in 2011, Aurora Mobile (NASDAQ: JG) is a leading provider of customer engagement and marketing technology services in China. Since its inception, Aurora Mobile has focused on providing stable and efficient messaging services to enterprises and has grown to be a leading mobile messaging service provider with its first-mover advantage. With the increasing demand for customer reach and marketing growth, Aurora Mobile has developed forward-looking solutions such as Cloud Messaging and Cloud Marketing to help enterprises achieve omnichannel customer reach and interaction, as well as artificial intelligence and big data-driven marketing technology solutions to help enterprises' digital transformation.

For more information, please visit https://ir.jiguang.cn/.

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 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 business model; its ability to 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 more information, please contact:

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

Christensen

In China
Ms. Xiaoyan Su
Phone: +86-10-5900-1548
E-mail: Xiaoyan.Su@christensencomms.com

In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com

FAQ

What is the recent growth rate of Aurora Mobile's GPTBots platform?

Aurora Mobile's GPTBots platform saw a 90% growth in registered users quarter-over-quarter as of March 31, 2024.

How many users does Aurora Mobile's GPTBots have?

As of March 31, 2024, Aurora Mobile's GPTBots platform has over 19,000 registered users.

What percentage of GPTBots users are international?

More than 85% of GPTBots users are from countries outside China.

How many countries do GPTBots users come from?

GPTBots users come from over 160 countries.

What industries are GPTBots users from?

GPTBots users come from a variety of industry verticals.

What is the revenue contribution of GPTBots to Aurora Mobile?

As of the quarter ended March 31, 2024, the revenue contribution from GPTBots is very insignificant.