Aurora Mobile Limited (NASDAQ: JG) joined hands with Baoneng Motor Co. Ltd and its unit Foresea Seven Swords Technology (Shenzhen) Co., Ltd. This partnership will improve the intelligent mobile transportation services of Baoneng and Foresea Seven Swords Technology as the three companies will be able to combine their strengths and utilize their capabilities.
The companies aimed to deliver the best and convenient driving customers to their customers. The firms are also endeavoring to promote Internet of Vehicles (IoV) technology and facilitate the digital transformation of the automobile industry. The latest technologies such as Artificial intelligence and digitalization has already become the main catalyst of innovation.
Share of Aurora Mobile Limited (NASDAQ: JG) soared 1.33% during the pre-market trading session of Tuesday. Aurora Mobile share has fluctuated between the 52-weeks low and high range of $1.40 and $6.06, respectively. Aurora Mobile Limited (NASDAQ: JG) has a total market capitalization of $338.06 million at the time of writing.
Recently, technology has become one of the most important battlegrounds for automobile companies as every company is trying to bring and utilize new technologies to improve the driving experience and to gain an edge in the market. The competition is continuously increasing as the drivers and passengers are no truing towards the more innovative solutions.
Baoneng a Forsea Seven Swords has also entered into the queue of companies that are trying to bring unique technology. Aurora Mobile will continue to grow the implementation of its AI-powered smart operational and user insight analytics in the automotive and Mobility as a Service (MaaS) industries.
Additionally, Aurora will also be able to offer a more unique experience by utilizing its push notification technology. JG believed that this partnership will be helpful for it to bring digital transformation.