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Aurora Mobile Limited (NASDAQ: JG), also known as Jiguang, is China's leading mobile big data service provider. Established in 2011, the company's core focus is on delivering comprehensive mobile developer services, including push notifications, statistical analysis, instant messaging, and verification message services. Aurora Mobile has served over 600,000 mobile applications and covered more than 11 billion mobile devices, with a monthly active device base exceeding 800 million, representing over 90% of mobile devices in China.
With a core team hailing from renowned organizations like Tencent, Morgan Stanley, Douban, Teradata, and China Mobile, Aurora Mobile has expanded its offerings to include advanced big data services. These services encompass Jiguang Ad Services and Jiguang Data Services, aimed at optimizing business decisions, improving operational efficiencies, and reducing development costs across various industries.
Key Services and Products:
- Push Notification Services: Aurora Mobile provides stable and efficient push notification services that cater to educational and medical products, ensuring reliable communication channels for critical updates.
- Big Data Services: The company aggregates, cleanses, structures, and encrypts vast amounts of real-time and anonymous device-level mobile behavioral data to offer actionable insights through products like iAPP, Anti-fraud, iAudience, and iZone.
Recent Achievements:
- In partnership with Xiaomi, Aurora Mobile's MoonFox Data has been instrumental in analyzing market trends and consumer behavior in the context of Xiaomi's new automotive ventures.
- The company has maintained strong financial health, driven by its core business operations and strategic growth into high-end market segments.
As a pivotal player in the mobile data service sector, Aurora Mobile continues to innovate and expand its capabilities, ensuring businesses have the tools and insights necessary to thrive in an increasingly digital world.
Aurora Mobile Limited (NASDAQ: JG) will release its unaudited financial results for Q3 2022 on November 23, 2022, before U.S. market open. Management will host an earnings conference call at 7:30 a.m. ET. Due to COVID-19, participants must register in advance and dial in 15 minutes prior to the call. Founded in 2011, Aurora Mobile is a leader in customer engagement and marketing technology services in China, focusing on efficient messaging solutions and digital transformation for enterprises.
Aurora Mobile Limited (NASDAQ: JG) has formed a strategic alliance with Ping An Futures, a subsidiary of Ping An Insurance, to enhance user engagement through its intelligent push notification solution, JPush. This partnership aims to improve user stickiness by offering refined and personalized notification services tailored to individual trading preferences. JPush is fully compatible with various operating systems and messaging channels, enabling real-time market updates and risk management notifications. This collaboration highlights the importance of intelligent user engagement in the rapidly evolving fintech landscape.
Aurora Mobile Limited (NASDAQ: JG) has announced a strategic partnership between its subsidiary, SendCloud, and QingCloud Technologies (688316.SH). This collaboration leverages SendCloud's innovative email technology to enhance QingCloud's email services. This partnership reinforces SendCloud's reputation within the industry as a provider of high-quality services to cloud service providers. Established in 2012, QingCloud has been a pioneer in cloud solutions and went public in March 2021 on the SSE STAR Market.
Aurora Mobile (NASDAQ: JG) announced its participation in developing a public service platform for mobile app testing and certification, initiated by China's Ministry of Industry and Information Technology. Collaborating with CAICT and nine major companies including Alibaba and Tencent, the platform aims to enhance the mobile internet ecosystem, promote high-quality app supply, and ensure regulatory compliance. Aurora Mobile is committed to contributing to the platform's success, fostering a user-friendly environment for app testing, information sharing, and technological innovation.
Aurora Mobile Limited (NASDAQ: JG) has launched its overseas messaging service platform, EngageLab, aimed at enhancing global user engagement for developers. Positioned as a growth driver for Chinese companies, EngageLab offers comprehensive messaging solutions including AppPush, WebPush, Email, SMS, and WhatsApp Business API. The platform promises high delivery rates, cost-effective pricing, and multiple messaging channels designed to cater to diverse market needs. This strategic move marks Aurora Mobile's commitment to support overseas expansion and optimize customer engagement.
Aurora Mobile (NASDAQ: JG) announced a strategic partnership between its subsidiary SendCloud and DHgate.com, a B2B e-commerce platform, to enhance email services. This collaboration demonstrates SendCloud's reputation in the industry for providing high-quality services tailored for cross-border e-commerce. Founded in 2011, Aurora Mobile focuses on customer engagement and marketing technology, aiming to improve enterprise messaging services and digital transformation.
Aurora Mobile Limited (NASDAQ: JG) has entered into a strategic partnership with BYD Company Limited to enhance BYD's new energy vehicle expansion in Europe through its overseas messaging cloud solution. BYD has already delivered over 1,000 pure-electric Tang SUVs in Norway. The collaboration will improve user engagement and ensure compliance with international regulations, including GDPR. Aurora Mobile will leverage its robust technology to optimize international messaging services for BYD, demonstrating its industry credibility and commitment to supporting customers' digital transformation.
Aurora Mobile Limited (NASDAQ: JG) has entered a strategic agreement with Zhejiang CFMOTO Power to enhance user engagement through its JPush intelligent push notification solution. The collaboration aims to improve communication between CFMOTO and its users by offering personalized messaging capabilities. JPush is designed for various operating systems, ensuring timely delivery of safety-related messages and real-time notifications. Aurora Mobile emphasizes its ability to support a vast user base, having conducted extensive testing to guarantee service reliability. The deal marks a significant step in Aurora's mission to enhance customer engagement and digital transformation.
Aurora Mobile Limited (NASDAQ: JG) announced approval for a $5 million share repurchase program starting September 15, 2022. The company intends to buy back its ordinary shares over a 12-month period through various means, depending on market conditions. The repurchase will be funded from existing cash reserves. This strategic move aims to enhance shareholder value and reflects the company's confidence in its future growth prospects in the customer engagement and marketing technology sector.
Aurora Mobile reported its Q2 2022 financial results with revenues of RMB76.1 million (US$11.4 million), down 14% year-over-year. Gross profit fell 21% to RMB53.5 million (US$8.0 million). Operating expenses decreased by 17% to RMB87.7 million (US$13.1 million), marking the lowest level in 14 quarters. The net loss narrowed to RMB24.4 million (US$3.6 million), down from RMB29.3 million last year. Notable achievements include a 79% increase in total customers and improved adjusted EBITDA, indicating cost control effectiveness and potential for recovery in upcoming quarters.
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