.
MergerLinks Header Logo

New Deal


Announced

Completed

Aurora Mobile completed the acquisition of a majority stake in Wuhan SendCloud.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

API platform

Acquisition

Domestic

Private

China

Friendly

Completed

Online and Social Platforms

Single Bidder

Majority

Synopsis

Edit

Aurora Mobile, a mobile development service provider, completed the acquisition of a majority stake in Wuhan SendCloud, an email API platform. Financial terms were not disclosed. “I am very pleased to welcome SendCloud to the Aurora Mobile family. We are a pioneer in the field of customer engagement, including mobile app push notifications, SMS, WeChat official accounts, WeChat mini-programs, Alipay mini-programs, DingTalk, and enterprise WeChat, and SendCloud has a leading position in email sending services. Together, we will have the joint advantages to provide a reliable and effective customer engagement platform for different industry verticals. Customers today are more and more dependent on flexible omni-channel strategies as the need for user engagement intensifies. With the combined expertise of our teams, we are very confident in our ability to expedite our mission to create a one-stop integrated platform for customer engagement solutions," Weidong Luo, Aurora Mobile Chairman and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US