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Saturday, May 28, 2022

Aurora Mobile Stock (JG) is growing positively as it expands its market reach

Aurora Mobile Limited (NASDAQ: JG) moved up by 2% to the current stock price of $5.60. The pre-market movement at the time of writing shows a 6.43% rise.

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This positive movement in the Aurora Mobile stock is one in a string of much good news shared within the span of 30 days. This time it is because the leading mobile developer service provider in China has partnered up with the world’s leading computing power-sharing platform known as BitDeer.

Tell me about Bitdeer

BitDeer or Sharpening Technology Limited provides its users vast potential of cloud mining solutions with stable and consistent operations. In the start, cloud mining operations would require complex processes for its initiation, such as the requirement of mining tools, space and transport for the mining machines, maintenance and management of power as well as operations of mining. BitDeer has revolutionized cloud mining by providing all-in-one click experience for its users to place order and get services.

Tell me about Aurora Mobile (JG)

Aurora Mobile is China’s leading mobile developer service provider and suits to be the partner for BitDeer since it focuses on adapting to the needs of the developers and has provided 1.65 million APPs with software development kits (SDK). Aurora Mobile will utilize its Artificial Intelligence based technology and developer expertise to BitDeer’s vision of providing smooth and enhanced customization of mining services for its clients.

Tell me more about the Partnership

The timing of this partnership could not have been any better since the volatility in the cryptocurrency has been aligned this year to give a boost to its prices. As the demand for the Bitcoin surges, more and more companies will come to take a piece of this crypto/digital currency market’s share. With the competition intensifying, the possibility for innovation is increasing.

Bitdeer, with the help of its partner Aurora Mobile can increase the efficacy and reliability of its mining operations as well as customized mining operations. With clients in over 200 countries and monthly traffic of 2.5 million, BitDeer is again set to enhance the experience of its clients and will be able to tune-up the massive hundreds of mining gigs in special mining farms such as Asia, Europe and America.

Aurora Mobile is accelerating its expansion of AI-technology and development services by stepping into the field of market intelligence, auto-mobile intelligence, financial management, location-based intelligence and it does so mainly by partnering up with leading firms in such sectors. JG stock will see positive movement ahead in future since it has been making a pattern of expansion, diversification and partnering since the start of the year through its AI-development.

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