Chinese mobile data platform Aurora Mobile raises $77m in US IPO

Chinese mobile data platform Aurora Mobile raises $77m in US IPO

Chinese mobile big data solutions platform Aurora Mobile raised $77 million in its initial public offering in the US, pricing its 9.06 million American Depositary Shares (ADS) at $8.50 a share.

The ADS, priced at the low end or range, trade on the Nasdaq under the ticker symbol JG. Goldman Sachs (Asia), Credit Suisse Securities (USA), and Deutsche Bank Securities Inc. acted as joint bookrunners for the IPO.

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