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Aurora Mobile Limited (JG)

NasdaqGM - NasdaqGM Real Time Price. Currency in USD
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1.7300-0.0300 (-1.70%)
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Neutralpattern detected
Previous Close1.7600
Open1.8000
Bid1.6200 x 1100
Ask1.9300 x 800
Day's Range1.6900 - 1.9709
52 Week Range1.4000 - 4.3600
Volume233,022
Avg. Volume102,527
Market Cap200.201M
Beta (5Y Monthly)0.42
PE Ratio (TTM)N/A
EPS (TTM)-0.1820
Earnings DateSep 10, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est3.04
  • Luo Weidong, Chief Executive Officer of Aurora Mobile, Hails President’s Commitment to Digital Economy in TV Interview at Shenzhen’s 40th Anniversary Celebration
    GlobeNewswire

    Luo Weidong, Chief Executive Officer of Aurora Mobile, Hails President’s Commitment to Digital Economy in TV Interview at Shenzhen’s 40th Anniversary Celebration

    SHENZHEN, China, Oct. 21, 2020 (GLOBE NEWSWIRE) -- Luo Weidong, Chairman and Chief Executive Officer of Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or “the Company”), a leading mobile developer service provider in China, shared his perspective on the Shenzhen “miracle” in an October 14, 2020 interview with Shenzhen Satellite TV on the sidelines of Shenzhen’s 40th anniversary celebration. Hailing President Xi Jinping’s encouragement to seize the “technological and industrial innovation high ground” despite headwinds in the global economy, Chairman Luo promised to “actively respond” to President Xi’s call on Shenzhen to create “another miracle” 40 years after the founding of its Special Economic Zone (SEZ). President Xi told over 800 officials and entrepreneurs from the mainland, Hong Kong and Macau gathered at a convention center in Qianhai: “Shenzhen must take innovation as its primary driving force, and should build high grounds for technology and innovation with global influence. It should plan innovation chains around its industries and plan its industries around innovation chains. It should plan and nourish new & innovative industries with foresight and to develop a digital economy.”In his TV interview, Chairman Luo acknowledged the supportive role of government in the “Shenzhen speed” of growth of his 9-year-old company, together with the vibrant entrepreneurial environment of Shenzhen. He said, we will “contribute all our strength to the promotion of the SEZ's strategic emerging industries and the development of the digital economy,” sharing his belief that high-tech enterprises in Shenzhen have benefited from the forward-looking policies of Shenzhen and the central government, which have created a foundation for its innovative, open, and entrepreneurial environment.One of China’s leading service providers to mobile developers, including push notification, instant messaging, analytics, sharing, and short message services. As of June 2020, its monthly active figure of unique mobile devices increased to 1.38 billion from 1.13 billion in June 2019. It is transitioning away from Targeted Marketing to its portfolio of Developer Services and Vertical Applications under its Software as a Service (SaaS) business line, whose revenue jumped 35% year over year and quarter over quarter as of its quarterly results ended June 30, 2020.The day after the 40th anniversary celebration, as previously announced, Aurora Mobile announced new funding support from the Shenzhen Development and Reform Commission of Shenzhen Municipality (“Shenzhen DRC”), the local branch of the national organization that reports directly to the State Council. The grant of RMB 17.24 million was the largest among 123 projects receiving support from a list of projects in strategic emerging industries announced on October 15, 2020. Aurora Mobile’s project aims to build a big data-based intelligent recommendation service system for e-commerce companies, mobile APP developers, financial institutions and Online-to-Offline platforms to improve their marketing efficiency and generate cost savings.Other government agencies have also supported Aurora Mobile including previous grants from Shenzhen DRC, the Science and Technology Innovation Commission, and the Industry and Information Technology Bureau of Shenzhen Municipality.Chairman Luo added that going forward, Aurora Mobile would continue to embrace innovation, as well as the hard work and creative spirit embedded in its corporate culture, in order to make new breakthroughs in product technology for its customers and help building China’s digital economy into a global powerhouse.About Aurora Mobile Limited Founded in 2011, Aurora Mobile is a leading mobile developer service provider in China. Aurora Mobile is committed to providing efficient and stable push notification, one-click verification, and traffic monetization services to help developers improve operational efficiency, grow and monetize. Meanwhile, Aurora Mobile's vertical applications have expanded to market intelligence, financial risk management, and location-based intelligence, empowering various industries to improve productivity and optimize decision-making.Safe Harbor Statement This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private SecuritiesLitigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as Aurora Mobile’s strategic and operational plans, contain forward-looking statements. Aurora Mobile may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Aurora Mobile’s strategies; Aurora Mobile’s future business development, financial condition and results of operations; Aurora Mobile’s ability to attract and retain customers; its ability to develop and effectively market data solutions, and penetrate the existing market for developer services; its ability to transition to the new advertising-driven SaaS-model; its ability maintain or enhance its brand; the competition with current or future competitors; its ability to continue to gain access to mobile data in the future; the laws and regulations relating to data privacy and protection; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and Aurora Mobile undertakes no duty to update such information, except as required under applicable law.For general inquiry, please contact: Aurora Mobile Limited E-mail: ir@jiguang.cnChristensen In China Mr. Eric Yuan Phone: +86-10-5900-1548 E-mail: eyuan@christensenir.comIn US Ms. Linda Bergkamp Phone: +1-480-614-3004 Email: lbergkamp@christensenir.com

  • GlobeNewswire

    Aurora Hosts Data Security and Governance Forum and Announces Inclusion of its SDK Case Study in the CAICT Blue Book

    SHENZHEN, China, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (“Aurora” or the “Company”), a leading mobile developer service provider in China, today announced that it hosted a forum themed “Accelerating Market-oriented Allocation of Data Assets: Data Security and Governance” in Shenzhen on September 27, 2020 in conjunction with the Security Research Institute of China Academy of Information and Communications Technology (“CAICT Security Research Institute”) and the Global Law Office. Regulatory officials from government agencies and thought leaders within the data industry attended the forum, including Mr. Yongzhong Xiao, Deputy Director at the Shenzhen Communications Administration, Mr. Anbo Dong, Deputy Director at the Information Security Evaluation Center of Shenzhen Government Services Data Administration, Mr. Tian Chen, Deputy Director of CAICT Security Research Institute and Mr. Yanzhe He, panelist from the National App Governance Work Group. Senior compliance and security legal representatives from Alibaba, Tencent, Baidu, Xiaomi and Meituan also presented at the forum. The forum facilitated interactive discussions and the opportunity to share insights with hundreds of experts in the field of data management from law firms and industry associations, touching on a wide range of current issues, including new considerations for data security governance, mobile APP personal information protection and the balance between data flow and security.In addition, the CAICT Security Research Institute also released its Software Development Kit (SDK) Security and Compliance Blue Book (2020) (“Blue Book”) at the forum. In contrast to the 2019 edition, the Blue Book assessed major third-party SDKs by categories and market applications, examined key security concerns in third-party SDK applications by using case studies, and discussed numerous compliance issues that third-party SDK providers and mobile APP developers face while collaborating. By learning from the experiences and practices of the European Union and the United States, the Blue Book also proposed a set of practical suggestions that were more applicable to China, covering laws and regulations, business accountabilities, technical standards and industry self-regulation.As a leading domestic mobile developer service provider, Aurora SDK’s security and compliance measures, such as user identification methods and security measures, data storage security measures, data aggregation, data deletion, cooperation and new technology research and development, are included in the Blue Book as a practical case study. At the release ceremony of the Blue Book, Mr. Tian Chen, Deputy Director of CAICT Security Research Institute, said that the Blue Report provides a useful reference for the SDK-related regulatory policies and standards that are being developed.Mr. Guangyan Chen, General Manager of Aurora, attended the forum and delivered a speech. He emphasizes that data is not only a key component of the digital economy, but also one of the country's most important production factors. The effective circulation of data lays an important foundation for promoting the development of the data industry, and data compliance and security is a key factor in ensuring the healthy development of the sector.On the topic of “Data Security and Governance under the New Situation”, Ms. Yanhua Sun, Legal Director and Compliance Officer of Aurora, delivered a speech entitled “Practice and Exploration of Enterprise Data Governance”. She shares that enterprises should actively build top-level data architecture, unify the formulation of data standards, and conduct data management and control throughout the entire data life cycle. At the same time, companies should deepen the development of a data culture and fully harness the value of data through proper management and use of data.About Aurora Mobile LimitedFounded in 2011, Aurora Mobile is a leading mobile developer service provider in China. Aurora Mobile is committed to providing efficient and stable push notification, one-click verification, and traffic monetization services to help developers improve operational efficiency, grow and monetize. Meanwhile, Aurora Mobile's vertical applications have expanded to market intelligence, financial risk management, and location-based intelligence, empowering various industries to improve productivity and optimize decision-making.Safe Harbor StatementThis announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as Aurora Mobile’s strategic and operational plans, contain forward-looking statements. Aurora Mobile may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Aurora Mobile’s strategies; Aurora Mobile’s future business development, financial condition and results of operations; Aurora Mobile’s ability to attract and retain customers; its ability to develop and effectively market data solutions, and penetrate the existing market for developer services; its ability to transition to the new advertising-driven SaaS-model; its ability maintain or enhance its brand; the competition with current or future competitors; its ability to continue to gain access to mobile data in the future; the laws and regulations relating to data privacy and protection; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and Aurora Mobile undertakes no duty to update such information, except as required under applicable law.For general inquiry, please contact:Aurora Mobile Limited E-mail: ir@jiguang.cnChristensen In China Mr. Eric Yuan Phone: +86-10-5900-1548 E-mail: eyuan@christensenir.comIn US Ms. Linda Bergkamp Phone: +1-480-614-3004 Email: lbergkamp@christensenir.com

  • GlobeNewswire

    Aurora to Receive RMB17.24 Million in Special Support Funding from Shenzhen Municipality DRC as Part of Strategic Emerging Industries Development Program

    SHENZHEN, China, Oct. 15, 2020 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (NASDAQ: JG) (“Aurora” or the “Company”), a leading mobile developer service provider in China, today announced that its development and commercialization project relating to a deep learning and big data-powered system will receive special support funding of RMB17.24 million from the Development and Reform Commission of Shenzhen Municipality (“Shenzhen DRC”), representing the highest allocation among all recipients. On October 10, 2020 Shenzhen DRC released the list of the first batch of projects in strategic emerging industries entitled for its special support funds. A total of 123 projects have been included on the list, among which 8 will receive a special support fund of more than RMB10 million. The special support fund is granted to eligible projects after a preliminary review, panel discussion and on-site verification. It covers the seven “strategic emerging industries”, including next-generation information technology, new materials, advanced equipment manufacturing and biomedicine. Among the first batch of projects to receive the funding, Aurora’s project aims to build a big data-based intelligent recommendation service system for e-commerce companies, mobile APP developers, financial institutions and OTO platforms. The Company will leverage its anonymized mobile data and proprietary modeling technologies for large-scale adaptive user profile optimization, behavior prediction, risk assessment, intelligent recommendation, to help its enterprise clients improve their marketing efficiency and generate cost savings.Aurora is a leading mobile developer service provider in China. Listing in July 2018, the Company was the first Chinese mobile big data company to list on the NASDAQ. Since its inception, Aurora has been executing a “developer-centered” business strategy, continuously focusing on product and technology iteration and striving to satisfy the growing demands of mobile development and operations. Aurora launched “JPush”, the industry’s first comprehensive push notification solution, "JG Alliance", a APP traffic monetization service, and the "One-stop Developer Service Platform" that enables developers to improve operational efficiency. Meanwhile, by leveraging its extensive accumulation of anonymized mobile data and its advanced big data processing capability, Aurora also provides customers with market intelligence, financial risk management, and location-based intelligence, empowering various industries to optimize decision-making and improve productivity.At the same time, Aurora places a high value on the protection of users' personal information, data compliance and data security, and has actively participated in discussions to develop industry-wide regulations and standards. Earlier this year, Aurora’s SDK earned a "SDK Security Certification" and "SDK Privacy Protection Certification" from the National Computer Virus Emergency Response Center, and was selected as a practical case study for the Blue Book of the "Software Development Kit (SDK) Security and Compliance Report (2020)" published by the China Academy of Information and Communication Technology. In response to the recently emerging social issues of illegal collection and use of personal information by mobile APPs, Aurora proactively compiled the "Aurora’s Developer Application Compliance Guidance" to provide small and medium-sized mobile APP developers with one-stop data security and compliance consulting services, helping mobile developers to quickly understand the key points of compliance testing through various media formats, such as popular short videos, images and texts, and promotional brochures.Going forward, Aurora will continue to embrace innovative development. While iterating on product technology, expanding multi-party cooperation, and empowering industry development, Aurora also commits to data security and protection, protecting user information, promoting compliance in the development of a mobile application ecosystem and helping to build a sustainable internet industry.About Aurora Mobile LimitedFounded in 2011, Aurora Mobile is a leading mobile developer service provider in China. Aurora Mobile is committed to providing efficient and stable push notification, one-click verification, and traffic monetization services to help developers improve operational efficiency, grow and monetize. Meanwhile, Aurora Mobile's vertical applications have expanded to market intelligence, financial risk management, and location-based intelligence, empowering various industries to improve productivity and optimize decision-making.Safe Harbor StatementThis announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as Aurora Mobile’s strategic and operational plans, contain forward-looking statements. Aurora Mobile may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Aurora Mobile’s strategies; Aurora Mobile’s future business development, financial condition and results of operations; Aurora Mobile’s ability to attract and retain customers; its ability to develop and effectively market data solutions, and penetrate the existing market for developer services; its ability to transition to the new advertising-driven SaaS-model; its ability maintain or enhance its brand; the competition with current or future competitors; its ability to continue to gain access to mobile data in the future; the laws and regulations relating to data privacy and protection; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and Aurora Mobile undertakes no duty to update such information, except as required under applicable law.For general inquiry, please contact:Aurora Mobile Limited E-mail: ir@jiguang.cnChristensen In China Mr. Eric Yuan Phone: +86-10-5900-1548 E-mail: eyuan@christensenir.com In US  Ms. Linda Bergkamp Phone: +1-480-614-3004 Email: lbergkamp@christensenir.com