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Stock impact report

Aurora Mobile Limited Announces Second Quarter 2020 Unaudited Financial Results

Aurora Mobile Limited - American Depositary Shares (JG) 
Company Research Source: GlobeNewswire
SHENZHEN, China, Sept. 10, 2020 (GLOBE NEWSWIRE) -- Aurora Mobile Limited (“Aurora Mobile” or the “Company”) (NASDAQ:JG), a leading mobile developer service provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2020. Mr. Weidong Luo, Chairman and Chief Executive Officer of Aurora Mobile, commented, “We set out at the beginning of the year to focus more on Developer Services and Vertical Applications and I am pleased to say that our strategic decision has produced excellent financial results.” “Our revenue throughout 2020 has been mainly contributed by one, our SaaS Business, which includes Developer Services and Vertical Applications and two, our Targeted Marketing business. Our SaaS Business has great income visibility, high customer stickiness, low bad debt risk and good cash flow with little to no working capital requirements. During the second quarter, our SaaS Business generated an impressive RMB66.5 million in revenu Show less Read more
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