Aurora Mobile Confirms No Revenue Concentration in the Chinese K-12 Education Industry
July 26 2021 - 5:05AM
Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the
“Company”), a leading mobile developer service provider in China,
today confirmed that its business was not subject to concentration
in the Chinese K-12 education service providers.
Aurora Mobile’s current portfolio of service
offerings are purchased by customers from a variety of, well
diversified industries with no specific concentration in the
Chinese K-12 education industry. Based on the unaudited results for
the quarter ended June 30, 2021, the Company’s revenue generated
from K-12 education industry customers contributed less than 1.0%
of its total revenues. The Company estimated that the revenue
contribution from K-12 education industry will remain insignificant
going forward.
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 APP 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 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. Aurora
Mobile may also make written or oral forward-looking statements in
its sic 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 investor and media inquiries, please
contact:
Aurora Mobile Limited
ir@jiguang.cn
Christensen In China Mr. Eric Yuan Phone:
+86-10-5900-1548 E-mail: eyuan@christensenir.com
In U.S. Ms. Linda Bergkamp Phone: +1-480-614-3004 Email:
lbergkamp@ChristensenIR.com
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