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Datasea Inc - DTSS STOCK NEWS

Welcome to our dedicated page for Datasea news (Ticker: DTSS), a resource for investors and traders seeking the latest updates and insights on Datasea stock.

Datasea Inc. (DTSS) combines cutting-edge intelligent acoustics with 5G-AI digital solutions, serving enterprises and consumers through innovative technologies. This news hub provides investors and industry observers with essential updates about the company's strategic developments.

Access real-time announcements including product launches, financial results, and partnership agreements. Our curated collection features press releases about acoustic innovations in healthcare environments, advancements in cloud-based AI platforms, and expansion initiatives across global markets.

Key updates cover regulatory milestones, technology patents, and enterprise software deployments. Bookmark this page to monitor Datasea's progress in ultrasonic sterilization systems, multimodal data discovery tools, and government intelligence solutions.

All content is sourced from official channels to ensure accuracy. For comprehensive understanding of DTSS bridges acoustic engineering with digital transformation strategies, check back regularly for verified updates.

Rhea-AI Summary
Datasea Inc. (Nasdaq: DTSS) announces a Sales Agreement with Xiaoranfang Marketing for $8.45 million of acoustic high tech products, aiming to boost revenue growth domestically and internationally.
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Datasea Inc. (NASDAQ: DTSS) signed a $30 million 5G AI Multimodal Communication Cooperation Agreement with Xiamen Star Miracle Information Technology Co., , supporting a revenue guidance of $86 million, a 1,128% increase year-over-year.
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Datasea Inc. (Nasdaq: DTSS) announces a Manufacturing Cooperation Agreement with Broadway Precision Technology to produce upgraded hi-tech intelligent deodorization and disinfection products. The agreement aims to accelerate production, support ongoing negotiations with key clients, and enter the US and China markets.
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Datasea Inc. (NASDAQ: DTSS) announces plans to enhance its acoustic business by partnering with new global manufacturing partners and upgrading key products. The company aims to start production and market deployment soon, targeting a revenue of approximately $86 million for fiscal year 2024, a remarkable 1,128% year-over-year increase. CEO Ms. Zhixin Liu highlights the importance of these steps in driving financial performance, especially with the expansion into the U.S. market. Datasea's innovative acoustic technology focuses on ultrasonic sterilization to combat viruses and prevent infections, with a range of flagship products for various applications. The company is also venturing into sound industry and sound agriculture sectors, exploring the vast market potential of sound wave technology in diverse industries.
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Datasea Inc. (DTSS) issues guidance projecting a revenue of $86.0 million for the fiscal year ending June 30, 2024, marking a significant 1,128% increase from the previous year. The company's CEO highlights the positive outlook for both Acoustics Intelligence and 5G-AI multimodal communication segments, emphasizing technological innovation and AI-driven interactions to drive long-term shareholder value.
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Datasea Inc. forms joint venture with Yiyun Technology to enhance 5G multimodal communication services using AI, aiming for significant revenue growth by 2024.
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Datasea Inc. announces a new Cooperation Agreement with Hangzhou Chongda Technology Co., Ltd. to boost sales of 5G multimodal communication services in China, with an estimated value of $30 million. The agreement aims to expand customer base and revenue generation opportunities in the 5G market.
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Datasea Inc. (NASDAQ: DTSS) reports strong financial performance for the second quarter of 2024, with revenue reaching $11.3 million, totaling $18.2 million for the first half of the fiscal year. The company attributes this growth to its 5G multimodal communication business in China, signing significant service agreements. Datasea focuses on customer needs, product optimization, and technology advantages. The company also expands into the US market with air sterilization products, pursuing intellectual property rights and online platform establishment. Datasea aims to meet global demand for healthy living solutions through advanced acoustics technology integrated with AI across various products for business and consumer applications.
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Datasea Inc. (DTSS) has regained compliance with NASDAQ's minimum bid price requirement, with the closing bid price of the Company's common stock at $1.00 per share or greater for the last 10 consecutive business days. This positive development signifies the company's adherence to NASDAQ's regulations and its ability to maintain a stable stock price.
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Datasea Inc. (DTSS) expects a revenue of approximately $18.2 million for the first six months ended December 31, 2023, marking a significant increase of 1,037.5% compared to the same period in the previous fiscal year. The company's 5G messaging business is showing promising growth, and its Acoustic Intelligence business is gaining traction in the marketplace. However, the preliminary results are subject to change as the company finalizes its financial statements.
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Datasea Inc

Nasdaq:DTSS

DTSS Rankings

DTSS Stock Data

13.78M
3.22M
34.43%
0.47%
1.47%
Software - Infrastructure
Services-prepackaged Software
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China
BEIJING