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Datasea Inc. - DTSS STOCK NEWS

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Datasea Inc. (Nasdaq: DTSS) is a dynamic digital technology company incorporated in Nevada, specializing in innovative businesses that merge acoustic high-tech and 5G-Artificial Intelligence (AI) multimodal communication technologies. With a commitment to advancing cutting-edge solutions, Datasea operates primarily in the United States and China.

The company leverages its advanced R&D technology to serve as the core infrastructure and backbone for its products. It focuses on a wide array of applications, from business software, healthcare, to government intelligence. Datasea’s ad-hoc query and reporting engine can discover data relationships across multiple data sources and generate reports effortlessly, akin to a search engine interface.

In the realm of Internet security, Datasea offers a suite of services and products including Internet Security Equipment, New Media Advertising Services, Micro Marketing Services, Internet Service Provider (ISP) Connecting Services, and Big Data Processing Services. The company’s business activities are predominantly conducted in China.

In 2024, Datasea announced several pivotal developments. Notably, its subsidiary Shuhai Jingwei entered a Manufacturing Cooperation Agreement with Broadway Precision Technology to accelerate the production and marketing of hi-tech intelligent acoustic deodorization and disinfection products. These upgraded products are equipped with an ultrasonic core module providing functions like odor removal, sterilization, and air purification.

Datasea also entered into a 5G AI Multimodal Communication Cooperation Agreement with Xiamen Star Miracle Information Technology, valued at approximately $30 million, to provide 5G multimodal communication services. This collaboration is set to enhance Datasea’s market presence in China’s burgeoning 5G sector.

Furthering its distribution strategy, Datasea signed a Sales Agreement worth $8.45 million with Shenzhen Xiaoranfang Marketing Co., Ltd., aimed at boosting sales of its

Rhea-AI Summary
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. announces the establishment of its wholly-owned subsidiary, Datasea Acoustics LLC, in the US. The subsidiary will focus on developing and introducing cutting-edge antiviral acoustic solutions to the American market.
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FAQ

What is the current stock price of Datasea (DTSS)?

The current stock price of Datasea (DTSS) is $2.12 as of December 20, 2024.

What is the market cap of Datasea (DTSS)?

The market cap of Datasea (DTSS) is approximately 14.4M.

Datasea Inc.

Nasdaq:DTSS

DTSS Rankings

DTSS Stock Data

14.40M
4.51M
36.39%
0.04%
1.38%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
BEIJING