Aurora Mobile Limited American Depositary Shares - JG STOCK NEWS

Ctrip, a leading online travel platform, released its Q2 2024 financial report showing strong growth. Revenue reached RMB 12.8 billion, up 13.55% YoY, with net profit surging over 500% YoY to RMB 3.833 billion. The company's main revenue drivers, hotel bookings and transportation ticketing, showed steady growth, while the tourism and vacation segment experienced remarkable growth.

Ctrip is focusing on new growth engines including elderly tourism, cross-border travel, and AI integration. The company launched 'Ctrip Elderly Club', offering specialized products for users aged 50+, which served over 1 million travelers with a GMV of RMB 1.6 billion in just two months. Cross-border tourism bookings increased by nearly 200% YoY in H1 2024.

The company is also investing heavily in AI technology, developing its proprietary vertical large model 'Ctrip Wendao' and AI travel assistant 'TripGenie'. Ctrip's R&D expenses remained high, accounting for over 20% of net revenue in Q2 2024, as it continues to focus on product and technological innovation to enhance user experiences and operational efficiency.

MoonFox Data, a sub-brand of Aurora Mobile (NASDAQ: JG), reports on summer 2024 dining and fitness consumption trends in China:

Dining consumption:

• Restaurant industry saw growth, with orders from tourists up 36% YoY in Chengdu
• Group purchase & food delivery apps averaged 571.6 million MAU, up 21 million from June
• Meituan led online dining services with 120 million average DAU, up 2.8% from June
• Regional specialty restaurants saw significant growth, e.g. Quanjude's offline stores up 27.1% MoM in Beijing

Fitness consumption:

• Fitness apps averaged 262.2 million MAU, with 704,000 new daily users
• Sports gear sales grew over 100% YoY in categories like trail running shoes
• Youth sports apps like Jump Rope Every Day saw 21% DAU increase from June
• 'Sports+' scenarios and social fitness apps gained popularity

GPTBots.ai, a global AI bot services provider, has partnered with sKora Tech, a QSTP incubated startup, marking the first collaboration between an international tech company and a QSTP incubated startup. This partnership aims to revolutionize AI services in sports.

Key highlights include:

• Integration of GPTBots.ai's AI technology with sKora Tech's sports agency expertise
• Enhanced personalization of growth pathways for athletes using AI algorithms
• Streamlined process for converting athletic data into marketable CVs
• Expansion of AI-driven solutions in sports management

The collaboration aligns with GPTBots.ai's vision to expand in the Middle East, particularly Qatar, leveraging the region's focus on innovation and technology. This partnership is expected to drive AI adoption across industries and accelerate digital transformation in the region.

Aurora Mobile (NASDAQ: JG), a leading provider of customer engagement and marketing technology services in China, announced its unaudited financial results for Q2 2024.

Key highlights include:

- Revenues of RMB79.4 million ($10.9 million), up 8% YoY.

- Cost of revenues was RMB26.7 million ($3.7 million), up 4% YoY.

- Gross profit increased by 11% YoY to RMB52.8 million ($7.3 million).

- Total operating expenses dropped by 15% YoY to RMB54.8 million ($7.5 million).

- Net loss was RMB1.3 million ($0.2 million), a significant improvement from a net loss of RMB23.7 million in Q2 2023.

- Adjusted net loss was RMB0.4 million ($54k), compared to RMB8.9 million in Q2 2023.

- Adjusted EBITDA was positive at RMB1.6 million ($0.2 million), compared to a negative RMB4.6 million in Q2 2023.

- Strong revenue growth in Developer Subscription (14% QoQ, 19% YoY) and Value-added services (245% QoQ).

- The company repurchased 11,626 ADSs, amounting to $36.1k, during Q2 2024.

MoonFox Data, a sub-brand of Aurora Mobile (NASDAQ: JG), reports on the international expansion of Chinese non-gaming apps. Key insights include:

1. Over 1,200 active Chinese non-gaming apps in international markets as of June 2024.

2. E-commerce platforms lead in ad spend, with Temu focusing heavily on the U.S. market.

3. Short video apps are the second-largest category in ad spend, with DramaBox targeting Indonesia and the U.S.

4. Travel apps like Ctrip are seeing increased downloads, correlating with rising inbound tourism to China.

5. Performance marketing remains important for short-term customer acquisition, while brand marketing is gaining popularity among leading global platforms.

MoonFox Data, a sub-brand of Aurora Mobile (NASDAQ: JG), analyzes the emerging AI smartphone market. Key points include:

• Industry Competition: AI features are becoming core selling points for smartphones, with major brands like OPPO, VIVO, and HUAWEI implementing AI assistants.
• Value Generation: AI smartphones are transforming information distribution and user interaction, potentially enhancing overall efficiency.
• User Perception: Social media analysis shows 89.5% positive sentiment towards AI phones, with users expressing excitement and willingness to try new features.

The report suggests that AI smartphones are in early stages but show promise for driving device upgrades and improving user experiences through more efficient information distribution and automated actions.

Aurora Mobile's JPush solution has become the first push notification service provider listed on the HUAWEI Developers platform. This integration supports HarmonyOS NEXT, enabling developers to easily implement efficient and stable message push functions. JPush's core strengths include:

1. Fast development of push notification capabilities
2. Flexible targeting capability
3. Efficient, secure, and stable system
4. Extremely fast message delivery
5. Accurate after-effect analysis

The company expects this development to result in more customer upgrade requests and related revenues. Additionally, Aurora Mobile added a data center in Hong Kong in May 2024 to enhance data security, compliance, and user experience for global customers.

Aurora Mobile (NASDAQ: JG) has partnered with Closeli, Inc. to enhance the intelligent visual cloud platform experience. The collaboration leverages Aurora's JPush notification solution to provide intelligent messaging services for Closeli's open cloud platform. Key benefits include:

1. Accurate user targeting: JPush enables Closeli to push differentiated content to various user types, improving engagement.
2. Efficient user profiling: With JPush's features, Closeli can better understand user behavior and needs.
3. Multi-channel reach: JPush supports various message formats and operating systems, ensuring comprehensive marketing.
4. High-capacity infrastructure: JPush can handle over 10 billion daily visits, ensuring quick and efficient message delivery.

This partnership aims to create a new ecosystem for the intelligent visual cloud platform, offering users a more personalized, efficient, and intelligent service experience.

Aurora Mobile's VP Jerry Yin discussed the company's AI bot platform, GPTBots, in an interview. GPTBots, launched in September 2023, is a code-free AI bot building platform designed to help enterprises apply AI to various business scenarios. As of March 31, 2024, GPTBots had over 19,000 registered users, a 90% sequential increase, with 85% of users based overseas. The platform supports multiple LLMs and offers privatized deployment for enhanced data security. GPTBots is used in over 160 countries and regions, providing solutions for marketing, customer service, HR, IT, and data analysis. Yin highlighted a case study of a book-sharing app using GPTBots to offer personalized book recommendations based on users' emotional states and interests.