uCloudlink's GlocalMe Portable Wi-Fi Devices Achieve Outstanding Growth in U.S. Market Despite Travel Restrictions

Rhea-AI Summary

UCLOUDLINK GROUP INC. (NASDAQ: UCL) reports significant growth for its GlocalMe brand in the U.S. market, with a 100% increase in website traffic and record monthly app registrations, surpassing 2019 levels. Despite pandemic challenges, the demand for reliable connectivity persists, leading to expansion plans into the European market, starting with France. Upcoming collaborations include a partnership with Turkish Airlines, offering loyalty points for GlocalMe device purchases. The company aims to strengthen its presence in key markets while enhancing product offerings for remote connectivity.

Positive

• 100% increase in website traffic for GlocalMe in the U.S.
• Record monthly app registrations exceeding 2019 levels.
• Expansion plans into the European market, starting with France.
• Partnership with Turkish Airlines for loyalty points program.

Negative

• None.

HONG KONG, Feb. 8, 2021 /PRNewswire/ -- UCLOUDLINK GROUP INC. (NASDAQ: UCL, "uCloudlink"), the world's first and leading mobile data traffic sharing marketplace, has reported outstanding results in the U.S. over the past six months for its GlocalMe brand with an 100% uptick in the website traffic of its local e-commerce site, as well as a new record of monthly registered users in its APP in final quarter of 2020, which exceeded its historical peak in 2019 pre COVID-19. Off the back of its phenomenal success, uCloudlink will launch GlocalMe brand's local e-commerce sites for European market in 2021, commencing with France.

Although travel has been largely restricted due to the pandemic, the demand for reliable, portable network connectivity is of greater importance than ever before. Safety concerns and social distancing measures associated with COVID-19 are driving more Americans to stay home; and rising trends in remote work, distance learning and online activities mean that staying connected is an absolute necessity. Tapping into different sources of wireless data, aside from home networks or mobile data, can help deliver this constant connectivity in the 'new normal'.

uCloudlink's GlocalMe brand offers full-frequency support with a stable network, flexible data plans and high-speed connections. With GlocalMe devices, users enjoy wider coverage and a more reliable connection compared to a traditional Wi-Fi hotspot from a mobile carrier - making online work and activities a breeze in any location. While this feature makes GlocalMe the ideal travel companion, it is also a must-have accessory in today's environment, where a strong online connection is frequently needed as users find themselves working or learning remotely.

The company is also expanding its product and service penetration to provide more customers with reliable connectivity, high speeds and competitive pricing by offering a range of cooperation models with different organizations. In the upcoming February, GlocalMe will partner with Turkish Airlines to launch a campaign - customers who buy GlocalMe devices on GlocalMe's US site, will be offered with Miles&Smiles loyalty points which could be used in their future flights with Turkish Airlines. With GlocalMe 's devices on hand and Miles&Smiles miles awarded, customers will be able to enjoy not only superior mobile connectivity at anywhere and at any time, but also value-added services for their travelling plan.

In strategic key markets with high growth potential such as the United States and Europe, uCloudlink continues to enhance its e-commerce efforts with the intention of opening more new business opportunities to facilitate its business growth and performance in the future. Looking ahead, the company plans to launch new products to help users stay connected while working and learning from home. The brand is also forging new partnerships with like-minded companies, as well as developing new content, to offer even more value for its customers.

For more information, please visit https://www.glocalme.com/US

About UCLOUDLINK GROUP INC.

uCloudlink is the world's first and leading mobile data traffic sharing marketplace, pioneering the sharing economy business model for the telecommunications industry. The Company's products and services deliver unique value propositions to mobile data users, handset and smart-hardware companies, mobile virtual network operators (MVNOs) and mobile network operators (MNOs). Leveraging its innovative cloud SIM technology and architecture, the Company has redefined the mobile data connectivity experience by allowing users to gain access to mobile data traffic allowance shared by network operators on its marketplace, while providing reliable connectivity, high speeds and competitive pricing.

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SOURCE UCLOUDLINK GROUP INC.

FAQ

What recent growth has UCLOUDLINK reported for its GlocalMe brand?

UCLOUDLINK reported a 100% increase in website traffic and record monthly app registrations for its GlocalMe brand in the U.S.

What markets is UCLOUDLINK expanding into in 2021?

UCLOUDLINK is expanding into the European market, starting with France.

What partnership is UCLOUDLINK launching in February 2021?

UCLOUDLINK is partnering with Turkish Airlines to offer loyalty points for GlocalMe device purchases.

How is demand for wireless connectivity impacting UCLOUDLINK's business?

The ongoing demand for reliable wireless connectivity, especially during the pandemic, is positively affecting UCLOUDLINK's business growth.

What are UCLOUDLINK's plans for product offerings?

UCLOUDLINK plans to launch new products aimed at enhancing connectivity for remote work and learning.