Benzinga | Feb 5, 2021 06:06AM EST

Aurora Mobile Forges Partnership With TikTok Like Social Platform Kuaishou, Shares Spike

* Aurora Mobile Limited (NASDAQ: JG) partnered with short video social platform Kuaishou Technology, also known as TikTok competitor, to drive the latter's monetization efficacy.

* Aurora Mobile's advertisement SaaS services have the potential to increase customer base and reduce costs for Kuaishou.

* Aurora Mobile will benefit from the usage of its labels by the Kuaishou advertisers.

* Aurora Mobile's technology solutions reflect higher traffic monetization, brand marketing, and operational efficiency potential for Kuaishou.

* Price action: JG shares are up 63.6% at $6.52 at the pre-market session on the last check Friday.