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 partnered with Zuoyebang Education Technology to enhance digital operations and analytics within the online education sector. This collaboration aims to leverage both companies' strengths, with Aurora providing AI and machine learning services to improve Zuoyebang's operational efficiency. Zuoyebang boasts over 800 million registered users and 170 million monthly active users, positioning itself as a leader in the online education space. This partnership reflects the growing demand for quality online education in China following the pandemic.
Aurora Mobile Limited (NASDAQ: JG) has announced a partnership with Koolearn Technology Holding Limited, a leading online education service provider in China. The collaboration aims to utilize Aurora Mobile's push notification services and AI-driven operational analytics to enhance Koolearn's educational offerings. This partnership highlights Aurora Mobile's expertise in mobile development services and its commitment to supporting the education sector's digital transformation. Koolearn, which focuses on K-12 education, plans to expand its reach and improve student enrollment nationwide.
Aurora Mobile Limited (NASDAQ:JG) reported its unaudited financial results for Q4 and FY 2020. Q4 revenues for its SaaS business reached RMB 76.6 million, marking a 17% increase YoY, while total revenues decreased 42% to RMB 106.0 million. The gross profit for SaaS was RMB 58.7 million, up 28% YoY. However, the company incurred a net loss of RMB 89.9 million, a significant rise from the previous year's loss of RMB 40.2 million. For FY 2021, Aurora expects revenues between RMB 380 million and RMB 400 million, indicating a projected growth of 47% to 55%.
Aurora Mobile (NASDAQ: JG) announced a partnership with BitDeer to enhance digital asset mining services using AI technology. This collaboration aims to simplify mining operations for users by streamlining equipment procurement and management. BitDeer, a leading computing power-sharing platform, serves over 2.5 million users globally, operating extensive mining resources. This partnership is timely as Bitcoin prices rise and mining competition intensifies, positioning Aurora Mobile for growth in the cryptocurrency sector.
Aurora Mobile Limited (NASDAQ: JG) announced that its JVerification service reached 1,000 paid developers and 3.2 billion installations within 29 months of launch. Developed in collaboration with major telecoms, this SDK enhances identity verification and user experience. In response to growing developer needs, Aurora launched JG VaaS and JG UMS to improve operational efficiency. The company aims to continue evolving its products to support mobile app developers' monetization and growth strategies.
Aurora Mobile Limited (NASDAQ: JG) has partnered with SAIC-GM-Wuling to enhance digital marketing transformation in the automotive industry. This collaboration aims to utilize artificial intelligence for intelligent mobility services and improve customer experiences. SAIC-GM-Wuling, a top automaker in China, recorded over 1.6 million vehicle sales in 2020. The partnership will leverage 5G technology to meet rising user demands, potentially unlocking new growth opportunities in the intelligent mobility sector.
Aurora Mobile Limited (NASDAQ: JG) will release its unaudited financial results for Q4 and FY 2020 on March 18, 2021, before U.S. market opens. An earnings conference call is scheduled for the same day at 7:30 a.m. ET. Due to COVID-19, participants must register in advance to join the call. A replay will be available until March 25, 2021. Aurora Mobile, established in 2011, provides mobile services in China, including push notifications and monetization tools for developers, expanding into market intelligence and risk management.
Aurora Mobile Limited (NASDAQ: JG) has partnered with Segway-Ninebot to enhance smart mobility services. The collaboration will leverage Aurora Mobile's push notification services and operational analytics to improve user experiences. Segway-Ninebot is known for its innovation in short-distance transport and service robots, holding over 1000 patents and selling products globally. This partnership allows both companies to capitalize on the growing demand in the intelligent transportation sector, showcasing Aurora Mobile's trusted technology in the market.
Aurora Mobile (NASDAQ: JG) announces a strategic partnership with The Trade Desk (NASDAQ: TTD) to provide enhanced big data solutions to advertisers. This collaboration aims to improve the effectiveness of advertising campaigns by leveraging Aurora Mobile's AI technology and advanced analytics. The Trade Desk, known for its data-driven advertising platform, will help global advertisers reach target audiences in China more efficiently. This partnership highlights both companies' commitment to client-centered principles and aims to offer customized advertising experiences for better return on investment.
Aurora Mobile Limited (NASDAQ: JG) has partnered with FARFETCH (NYSE: FTCH) to enhance smart operation capabilities in luxury fashion e-commerce. This collaboration will utilize Aurora Mobile's AI-driven technology and machine learning for personalized retail experiences. FARFETCH, established in 2007, connects global customers with over 3,000 luxury brands. This partnership highlights Aurora's recognized technology strength and its commitment to improving operational efficiency across various industries.
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