Aurora Mobile Introduces Overseas Messaging Service Platform

• Aurora Mobile Limited (NASDAQ: JG) announced that it has recently launched its overseas messaging service platform EngageLab, allowing developers to effectively and accurately reach global users.

• Overseas expansion is becoming a substantial growth path for Chinese companies.

• To facilitate the overseas expansion of Chinese companies, Aurora Mobile launched EngageLab, helping Chinese companies carry out refined and accurate user reach and engagement with low cost, high message delivery rates, and conversion rates.

• At present, EngageLab provides five significant services, including AppPush, WebPush, Email Service, SMS Service, and WhatsApp Business API, and explored additional messaging channels in overseas markets.

• In September, Aurora Mobile agreed to help Warren Buffett's Berkshire Hathaway (NYSE: BRK-B) -backed BYD Co, Ltd (OTC: BYDDF) expand its new energy vehicle business in Europe using its overseas messaging cloud solution.

• Aurora Mobile reported a second-quarter FY22 revenue decline of 14% year-on-year to $11.4 million, missing the consensus of $12.9 million.

• Adjusted EBITDA loss was $(1.2) million.

• Price Action: JG shares traded higher by 3.87% at $0.94 in the premarket on the last check Friday.

See more from Benzinga

• One More Activision Blizzard Employee Brings Allegations Of Workplace Sexual Harassment

• Bull Market In Chinese Stocks Like Alibaba Is Round The Corner, Hedge Funds Say

Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.