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 Hangzhou Yivi Intelligent Technology to enhance AI-powered ride-hailing services in China. The collaboration aims to leverage both companies' technologies to promote safer and more efficient travel options through Yivi's ride-hailing app, Yivi Hitch. The partnership addresses congestion and transportation emissions in urban areas, utilizing Aurora Mobile's AI-driven analytics for operational improvements. Founded in 2011, Aurora Mobile continues to focus on optimizing user experiences and providing developer services in the mobile app ecosystem.
Aurora Mobile Limited (NASDAQ: JG) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2020, with the Securities and Exchange Commission on April 12, 2021. The report is accessible on the Company's investor relations website. They offer to provide a hard copy of the report, including audited consolidated financial statements, free of charge to shareholders and ADS holders upon request. Aurora Mobile specializes in mobile developer services in China, focusing on push notifications and app traffic monetization.
Aurora Mobile Limited (NASDAQ: JG) has announced a partnership with Beijing Koudai Fashion Technology Co., Ltd. (Weidian) to develop digital marketing and intelligent connected systems. This collaboration aims to leverage Aurora's AI technologies to enhance Weidian's service efficiency for its 90 million merchants, who offer over 3 billion goods with an annual gross merchandise volume exceeding RMB 100 billion. Aurora Mobile aims to improve operational efficiency through AI-driven marketing solutions, responding to the growing consumer demand for smart shopping experiences.
Aurora Mobile Limited (NASDAQ: JG) announced a partnership with iHerb, a prominent e-commerce platform for health and natural products. This collaboration aims to leverage AI technology to enhance digital commerce and smart operation analytics. iHerb, serving over 150 countries, offers a vast range of products from top brands. Aurora Mobile will utilize its expertise to improve iHerb’s sales, marketing models, and customer experience. This partnership reflects Aurora's growing reputation in AI and analytics within the cross-border e-commerce sector.
Aurora Mobile (NASDAQ: JG) announced its certification for 5G messaging platforms by the Ministry of Industry and Information Technology (MIIT) in China, making it one of the first compliant companies. The certification, validated by the China Academy of Information and Communications Technology (CAICT), establishes Aurora Mobile's foundational capabilities in monetizing 5G messaging services. The company aims to enhance its offerings through the JG Unification Messaging System, targeting diverse communication needs.
Aurora Mobile Limited (NASDAQ: JG) has announced a partnership with the world's largest digital currency trading platform to enhance operational efficiency using its AI technology. This partnership highlights Aurora's trusted services among leading exchanges. The trading platform offers services for major cryptocurrencies, including Bitcoin and Ethereum, and operates in over 180 countries. Aurora Mobile plans to explore innovative AI and blockchain applications to maximize value for developers, reinforcing its position in the mobile service sector.
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.
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