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.
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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.
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.
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