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.
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.
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.
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.
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.
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.
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.
Aurora Mobile Limited (NASDAQ: JG) has announced a partnership with UU Paotui, an online delivery platform in China. This collaboration will utilize Aurora's AI-powered Unification Messages System (JG UMS) to enhance UU Paotui's operational efficiency and user engagement. UU Paotui caters to over 50 million users and employs 3.2 million task workers, establishing itself as a leader in the intracity delivery sector. The partnership aims to create a more interconnected service ecosystem within the gig economy, leveraging advanced analytics and integrated messaging to improve decision-making and reduce operational costs.
Aurora Mobile (NASDAQ: JG) announced that its investee, WakeData, secured USD 25 million in Series B+ funding, co-led by Tencent and Sequoia Capital China. Existing investors IDG Capital and Redpoint China Ventures also participated. Established in 2018, WakeData specializes in enterprise data services, leveraging AI for digital transformation. This financing round will enable WakeData to enhance its product offerings and invest in advanced technology and marketing strategies, aiming to accelerate digital solutions for enterprises.
Aurora Mobile Limited (NASDAQ: JG) announced a partnership with Hycan Intelligent Technology on April 20, 2021. This collaboration will enhance digital services and user experience in Hycan's new energy vehicle operations. Aurora Mobile will leverage its AI and push notification services to improve operational efficiency. Hycan, known for its innovative approach in the electric vehicle sector, has over 260 patents. The partnership aims for co-creation and exploration of smart travel opportunities, aligning with Aurora Mobile's commitment to empower developers and optimize business growth.
Aurora Mobile Limited (NASDAQ: JG) announced a partnership with Wanda Film Holding Co on April 15, 2021. This collaboration will utilize Aurora Mobile's AI-based processing platform to enhance consumer insights and improve the movie viewing experience. Founded in 2011, Aurora Mobile has established itself as a leading mobile developer service provider in China, offering various data solutions. The partnership aims to boost customer value in the film industry, which is experiencing significant growth in technology applications.
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