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Aurora Mobile Limited American Depositary Shares - JG STOCK NEWS

Welcome to our dedicated page for Aurora Mobile American Depositary Shares news (Ticker: JG), a resource for investors and traders seeking the latest updates and insights on Aurora Mobile American Depositary Shares stock.

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.

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Aurora Mobile Limited (NASDAQ: JG) has published its 2Q2021 State of the Internet Research Report, revealing insights into China’s mobile app industry. Key findings indicate that average app installations per device rose to 66, although average daily usage time decreased to 5.1 hours. The short video sector captured 29.8% of total user time, while traditional online video declined. The report also highlighted significant user growth for the e-commerce platforms Dingdong and Miss Fresh, along with increasing monthly active users (MAU) for leading electric vehicle apps such as Tesla and Xpeng.

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Aurora Mobile Limited (NASDAQ: JG) announced its success in the SDK Security evaluation campaign by the China Academy of Information and Communications Technology (CAICT). The security test, conducted from July 12 to July 31, 2021, assessed SDK products in five security aspects. Aurora Mobile, alongside three other companies, passed the evaluation, showcasing its commitment to data security and user privacy. With over ten years of experience, Aurora Mobile is dedicated to developing regulations and standards in the mobile application ecosystem, ensuring compliance and protection of user information.

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Aurora Mobile Limited (NASDAQ: JG) announced its business's diversification, confirming that it does not rely heavily on the Chinese K-12 education sector. As of June 30, 2021, less than 1.0% of total revenue came from K-12 education customers, and this is projected to remain insignificant in the future. The company, established in 2011, provides various mobile developer services, including push notifications and app monetization, to multiple industries, ensuring stability and growth.

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Aurora Mobile Limited (NASDAQ: JG) has announced a strategic partnership with Onion Global Limited (NYSE: OG) to enhance the development of next-generation lifestyle brands. This collaboration aims to leverage both companies' expertise in the new retail sector, focusing on omni-channel marketing and improved consumer experiences. Aurora Mobile will provide AI-driven push notification services to support Onion Global's digital capabilities. This partnership underscores Aurora's reputation for robust technology within the cross-border e-commerce landscape.

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Aurora Mobile Limited (NASDAQ: JG) has announced a partnership with Mafengwo Travel, a leading travel social network in China. This collaboration aims to enhance Mafengwo's marketing and digital operations, boosting its competitiveness in the tourism industry. Mafengwo, with nearly 7 million monthly unique visits and over 100 million users, offers comprehensive travel services. Aurora Mobile will leverage its AI-driven technology to connect users with tailored travel products, improving user experience and increasing merchant profitability in the travel sector.

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Aurora Mobile Limited (NASDAQ: JG) announced a partnership with Dongqiudi, a leading sports media company in China, to enhance real-time football match information during UEFA Euro 2020. By utilizing Aurora's AI-driven technology and JPush services, Dongqiudi aims to improve the delivery of timely content to its users, catering to the increasing demand for fast sports updates. This collaboration is expected to leverage Aurora's extensive experience in mobile developer services to support Dongqiudi's growth and operational efficiency in the competitive sports information market.

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Aurora Mobile (NASDAQ: JG) announced a new partnership with Hefei Weitian Yuntong to provide Video-as-a-Service (JG VaaS) solutions for the Haoyunbao trucking logistics app. This collaboration aims to enhance user acquisition and engagement by offering high-quality, on-demand entertainment videos to truck drivers, who often face long solo driving hours. JG VaaS boasts a library of over 130 million videos and 200,000 daily updates, improving user retention and operational efficiency for Haoyunbao without the need for extensive in-house resources. Aurora Mobile continues to strengthen its position in the mobile development space.

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Aurora Mobile Limited (NASDAQ: JG) reported its first-quarter financial results for 2021, revealing revenues of RMB76.6 million (US$11.7 million), a significant 56% year-over-year growth in its SAAS business. Gross profit increased 60% to RMB58.1 million, leading to a gross margin of 75.9%. Although total revenues declined by 39% year-over-year due to the exit from the Targeted Marketing business, adjusted net loss improved to RMB28.7 million. The company anticipates 2021 revenues of RMB380.0 million to RMB400.0 million, indicating a projected growth of 47% to 55% from the previous year.

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Aurora Mobile Limited (NASDAQ: JG) has entered a partnership with Zhejiang Jixiang E-Commerce Co., Ltd. (NASDAQ: YJ) to enhance intelligent marketing and digital operations in membership-based e-commerce. This collaboration will leverage Aurora's AI capabilities to optimize product offerings for Yunji, a leading Chinese social e-commerce platform. Yunji provides attractive prices on diverse products and allows members to earn commissions. This partnership reflects Aurora's reputation for technical excellence and aims to elevate e-commerce experiences for Chinese consumers.

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Aurora Mobile Limited (NASDAQ: JG) will announce its unaudited financial results for Q1 2021 on June 10, 2021, prior to U.S. market opening. Management will conduct an earnings conference call the same day at 7:30 a.m. ET. Due to COVID-19, operator assistance for the call is unavailable, requiring advance registration. Additionally, a replay will be accessible until June 17, 2021. Aurora Mobile, established in 2011, specializes in mobile development services, focusing on push notifications, one-click verification, and app traffic monetization.

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FAQ

What is the current stock price of Aurora Mobile American Depositary Shares (JG)?

The current stock price of Aurora Mobile American Depositary Shares (JG) is $5.27 as of November 15, 2024.

What is the market cap of Aurora Mobile American Depositary Shares (JG)?

The market cap of Aurora Mobile American Depositary Shares (JG) is approximately 33.3M.

What services does Aurora Mobile Limited provide?

Aurora Mobile offers mobile developer services such as push notifications, statistical analysis, instant messaging, and verification message services.

What is the significance of Aurora Mobile's big data services?

Aurora Mobile's big data services help businesses optimize decision-making, improve operational efficiencies, and reduce development costs.

How extensive is Aurora Mobile's device coverage?

Aurora Mobile has covered over 11 billion mobile devices with a monthly active device base of more than 800 million.

Who are some of Aurora Mobile's key clients?

Aurora Mobile has served over 600,000 mobile applications, with key partnerships including major players like Xiaomi.

What is iAPP?

iAPP is one of Aurora Mobile's data services that helps investors analyze opportunities in the mobile app sector.

How does Aurora Mobile help in fraud prevention?

Aurora Mobile's Anti-fraud service identifies fraud risks by analyzing vast amounts of mobile behavioral data.

What is MoonFox Data?

MoonFox Data is a sub-brand of Aurora Mobile that specializes in data insights and analysis services across various scenarios.

Where does Aurora Mobile generate its revenue from?

Aurora Mobile generates its revenue primarily from the People's Republic of China.

Who are the members of Aurora Mobile's core team?

Aurora Mobile's core team comes from prominent organizations such as Tencent, Morgan Stanley, Douban, Teradata, and China Mobile.

What recent project has Aurora Mobile been involved in?

Aurora Mobile recently partnered with Xiaomi to analyze market trends and consumer behavior for Xiaomi's new automotive ventures.

Aurora Mobile Limited American Depositary Shares

Nasdaq:JG

JG Rankings

JG Stock Data

33.28M
62.81M
9.79%
0.15%
0.37%
Software - Infrastructure
Technology
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United States of America
Shenzhen