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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) has announced a marketing promotion and sales cooperation agreement with Meglio Interiors LLC to expand its footprint in the U.S. The agreement aims to develop, promote, and distribute Datasea's intelligent acoustics products in the U.S. The initial term of the agreement is two years, and Meglio will serve as one of the primary distributors of the products. Datasea plans to establish an assembly line for its products in the U.S. in the near future. The CEO, Ms. Zhixin Liu, believes that the agreement will accelerate sales growth and introduce home health products into the U.S. market, addressing everyday health and living needs.
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Rhea-AI Summary
Datasea Inc. (NASDAQ: DTSS) has announced a reverse stock split at a ratio of 1-for-15 to regain compliance with the $1.00 minimum bid price required for continued listing on The Nasdaq Capital Market. The reverse split is expected to become effective on January 19, 2024, and the shares are expected to begin trading on the split-adjusted basis on the Nasdaq Stock Exchange under the existing trading symbol 'DTSS' at the market open on January 23, 2024. The total number of shares of Common Stock authorized for issuance will be reduced from 375,000,000 shares to 25,000,000 shares of Common Stock.
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Datasea Inc. (NASDAQ: DTSS) Announces Strong Q1 Fiscal Year 2024 Financial Results and Business Expansion Plans
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Datasea Inc. recorded revenue of RMB 17.8 million (US $2.5 million) in September 2023 from its 5G business segment, which is 12x greater than the revenue in September 2022. The CEO expects the strong performance to continue, citing major contracts signed in June 2023 as a potential driver for future growth.
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Datasea Inc. announces financial results for full fiscal year 2023, with a decrease in net sales of 59% due to COVID-19 impact. The company plans international expansion with the establishment of a subsidiary in the US and aims to introduce cutting-edge acoustic solutions to the global market. They also highlight achievements in technology and R&D capabilities. 5G messaging solutions have been adopted by leading companies across various industries.
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Datasea Inc. closes underwritten public offering, raising $2.0 million with 5,000,000 shares of common stock at $0.40 per share.
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Datasea Inc. announces pricing of underwritten public offering of 5,000,000 shares of common stock at $0.40 per share, generating approximately $2.0 million in gross proceeds.
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Datasea Inc. announces underwritten public offering to raise funds for research and development, market development, and general corporate purposes.
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NASDAQ: DTSS - Datasea Inc. announces new agreements with Hainuo Xintong and Shenzhen Qiake to provide 5G messaging top-up services, generating approximately $1.89 million in revenue. The agreements aim to cater to a broader spectrum of industries within the Chinese market, offering virtual recharge cards in denominations ranging from ¥10 to ¥500 RMB ($1.38 to $69.4) over 12 months.
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Datasea Inc. secures $4 million investment from Chinese investor at a 125% premium over current share price.
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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
Link
China
BEIJING