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CooTek Priced, NYSE: CTK

Provides mobile keyboard software and other mobile apps.

Industry: Technology

First Day Return: -21.3%

Industry: Technology

Our global portfolio of mobile applications serves a large global user base across more than 240 countries and regions, comprised of an average of 132.6 million DAUs in June 2018, representing 75.3% year-on-year growth. Our core product, TouchPal Smart Input, is an intelligent input method for mobile devices that supports more than 110 languages. In June 2018, it reached 125.4 million DAUs on average, launched 72 times per day per active user. TouchPal generates a massive, diverse set of user interaction data. We employ proprietary AI and big data analytics both to process such data and multi-language content that we source from the internet and to develop advanced natural language processing and semantic understanding technologies. This enables us to obtain in-depth user insights and identify market opportunities, which we use to develop mobile applications that deliver relevant content for different verticals such as lifestyle, healthcare and entertainment. We leverage our in-depth user insights to deliver targeted and engaging advertisements that are relevant to users across our various mobile applications. We continue to improve our AI capabilities and, in March 2018, launched Talia, an AI-powered virtual personal assistant.
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CooTek (CTK) Performance