Chinese mobile developer service provider, Aurora Mobile (NASDAQ: JG) shares are rallying premarket on Tuesday after the company announced it has teamed up with a global leading new energy vehicle manufacturer to help it enhance its operational and service efficiency and enhance its driving experiences for its customers.
The vehicle manufacturer hasn’t been named, but Aurora said it is primarily engaged in the design development, manufacture and sales of green energy vehicles, including high-performance sedans, SUVs and semi-trucks. It has also developed an autopilot driver assistance system and has an app.
Aurora said that the partnership will allow it to leverage its artificial intelligence-driven targeted notification push services and machine learning-based operational analytics capabilities to help the partner gain better insight into users operating habits and needs.
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Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider.
While no financial details on the deal were provided, Aurora said both parties will continue to explore growth opportunities.
Aurora’s stock price is up 50.47% premarket, priced at $4.79 following Monday’s close at $3.19.
