Skip to content
Home / News |

Aurora Mobile Stock Surges After News Of Niu Technologies Partnership

aurora logo
Sam Boughedda

The companies said that the deal will help Niu to improve operational and service efficiency in order to deliver an optimal user experience for their customers.

Niu, founded in 2014, will use Aurora’s AI-driven technical capabilities and machine learning-based operational data analytics to provide push services that will enable the company to gain more comprehensive insights into its users’ needs.

The companies said that they are both confident the deal will allow them to explore growth opportunities in the smart mobility sector.

X testing X
WELCOME BONUS - Free Share Bundle When You Invest £50! Get up to £500 cashback for investing with IG.
Invest in 15,000+ shares and ETFs. Open an account now, invest at least £50, and you’ll get a free share bundle worth between £40 and £200. T&Cs apply.
5.0
Open Account Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

Shares of Aurora Mobile are up 20% premarket at $3.90 after closing Friday at $3.25, while Niu Technologies shares are trading 1.53% lower premarket at $27.67.

PEOPLE WHO READ THIS ALSO VIEWED:

Sam Boughedda
Sam Boughedda
Team Member

Sam is a trader and lead stock market writer at AskTraders. After starting his career in the forex market, Sam now focuses on stocks, specifically consumer staples.