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Overview of Datasea Inc. (DTSS)
Datasea Inc. is a technology company that operates at the intersection of high-tech intelligent acoustics and 5G-AI multimodal digital communication, delivering advanced products, services, and solutions for enterprise and retail customers. Leveraging breakthrough R&D and precision manufacturing, the company offers innovative acoustic technology solutions such as ultrasonic, infrasound, and directional sound applications. Its cloud-based 5G-AI multimodal platform integrates natural language processing with data discovery across diverse data sources, providing a search-like interface that simplifies report generation and data analysis analogous to popular search engines.
Business Segments and Key Capabilities
Intelligent Acoustics: Datasea employs advanced acoustic high-tech solutions to support a wide spectrum of applications from health and wellness to public safety. The company utilizes ultrasonic sterilization methods and infrasound technology to create environments that are safer and more hygienic. Its focus on precision and digital integration has led to the development of products that combat viruses, improve indoor air quality, and even support specialized medical applications.
5G-AI Multimodal Digital Solutions: In parallel, Datasea has developed a cloud-based digital platform powered by artificial intelligence, facilitating high-speed, low-latency communication. This platform is designed to seamlessly integrate various media formats such as text, sound, images, and video into a multimodal system, ideal for enhancing digital marketing, enterprise search, and custom software solutions. The incorporation of natural language capabilities enables users to query and generate snapshot reports effortlessly, positioning the company as a trusted innovator in next-generation digital communications.
Industry Applications and Market Presence
- Enterprise Software: The company’s ad-hoc query and reporting engine is a valuable asset for CRM, ERP, and BI applications, helping organizations to efficiently retrieve and analyze data from multiple sources.
- Healthcare: Datasea applies its acoustic technologies in health and wellness environments, such as air sterilization systems and forms of acoustic cosmetology, thereby enhancing safety and comfort.
- Government and Intelligence: With its capability to extract insights from structured and unstructured data, Datasea supports advanced digital solutions in public sector and government intelligence applications.
- Custom Development: The company builds tailored components for diverse software environments, catering to the unique needs of a broad range of clients including custom development consultants.
Technological Innovation and R&D
At its core, Datasea is driven by cutting-edge research and development that serves as the backbone for its innovative technologies. The company’s systematic approach to discovering data relationships within large and varied datasets paves the way for efficient digital transformation in multiple sectors. By focusing on developing a powerful 5G-AI multimodal platform and state-of-the-art acoustic technologies, Datasea continuously enhances its service offerings and maintains its competitive edge in the evolving digital technology landscape.
Global Footprint and Strategic Positioning
Operating primarily across China and expanding its influence in the United States, Datasea strategically positions itself to serve a global clientele. Its initiative to establish subsidiaries in key markets reinforces its commitment to innovation and sustainable growth. With robust partnerships and agreements across various industries, the company delivers comprehensive digital services while reinforcing its reputation for technological excellence and reliability.
Commitment to Expertise and Industry Leadership
Datasea Inc. distinguishes itself through its advanced technological expertise and operational proficiency. The seamless integration of intelligent acoustics with high-performance 5G-AI digital solutions not only enhances product functionality but also lays a strong foundation for future scalable operations. Although the company operates in dynamic markets, its focus on evergreen, technology-driven solutions ensures that its innovations remain relevant over the long term, supporting a diverse range of use cases and customer needs.
This comprehensive overview of Datasea Inc. highlights the firm’s multifaceted approach to digital transformation, underscoring its ability to merge data discovery with sophisticated acoustic and digital communication technologies to deliver tangible value across industries.
Datasea Inc. (NASDAQ: DTSS) reported Q2 2023 financial results, revealing a significant revenue drop of 95% to $425,710, down from $8,979,479 in Q2 2022, primarily due to a decline in 5G SMS services impacted by COVID-19. Gross profit decreased 78% to $54,330, though gross margin improved to 12.8%. The company is shifting its 5G SMS policy to collect advance payments to mitigate risks. Despite current challenges, demand for air purification products remains strong, and Datasea aims to enhance its portfolio and client base, leveraging new SaaS products and expanding into various sectors through targeted marketing strategies.
Datasea Inc. (NASDAQ: DTSS) launched its Hailijia air sterilizer campaign on December 8, 2022, featuring product showcases in major Chinese cities. The Hailijia line, designed to combat airborne pathogens, boasts five models with ultrasonic disinfection technology proven effective against Covid-19 and other microorganisms. Datasea has secured eight marketing agreements to bolster distribution. The company aims to drive growth through innovative products and has received patents and certifications for its technology. CEO Zhixin Liu emphasized ongoing R&D investments to enhance their offerings.
Datasea Inc. (NASDAQ: DTSS) reported strong financial results for the first quarter of fiscal 2023, ending September 30, 2022, with revenue rising 73% to $1.16 million and gross profit increasing 136% to $150,197. The gross margin improved to 12.9% from 9.5% year-over-year. General and administrative expenses decreased by 6%. Despite a net loss of $1.34 million, down from $1.44 million in the prior year, the company is focused on enhancing its 5G messaging and acoustic intelligence businesses, indicating strong potential for ongoing growth and product rollouts.
Datasea Inc. (NASDAQ: DTSS) announced a sales agreement between its subsidiary, Shuhai Jingwei, and Shanghai Chengming Shengyuan for a minimum of 100,000 Hailijia air purifiers, valued at over RMB 150 million (about USD 20.5 million) from November 2022 to November 2023. The air purifiers leverage innovative acoustic intelligence for disinfection, addressing heightened demand post-pandemic. CEO Zhixin Liu highlighted the agreement as a key step in realizing the commercial potential of their air purifier technology, which aims to expand brand reach and generate revenue.
Datasea Inc. (NASDAQ: DTSS) announced a one-year sales agreement between its subsidiary, Shuhai Jingwei, and Shenzhen Yusheng Technology Co., Ltd. to supply Ultrasonic Sound Air Disinfection Equipment. This equipment boasts a disinfection efficacy of 99.83% against Covid-19 in nine seconds. Yusheng commits to purchasing at least 10,000 units, valued at a minimum of RMB 35 million (approximately USD 5 million), with the first batch of 1,000 units expected to be delivered by November 15, 2022. The product aims to set new benchmarks in disinfection technology.
Datasea Inc. (NASDAQ: DTSS) reported remarkable fiscal results for the year ended June 30, 2022, with revenue surging to $17.08 million, marking a 9,653% increase year-over-year. This growth was primarily driven by the adoption of its 5G messaging solutions. Gross profit rose to $955,673, up 917% from the previous year due to robust service delivery. The company has signed $41.72 million in 5G messaging contracts, while also expanding its acoustic intelligence and smart city offerings. Notably, Datasea is engaging in regulatory discussions and enhancing its marketing strategies to solidify its market position.
Datasea (NASDAQ: DTSS) has successfully delivered its Smart Hotel Solution to China Mobile Construction Nanjing Co., Ltd. following a $961,000 procurement agreement. This solution enhances customer experience and operational efficiency within the hospitality sector by streamlining IT operations and centralizing data. CEO Zhixin Liu emphasized the growing demand for smart city solutions in China, positioning Datasea to benefit from an upward trend in IoT applications. The company focuses on smart city technology, acoustic intelligence, and 5G messaging.
Datasea (NASDAQ: DTSS) has announced a five-year manufacturing agreement with Antuopu for its Ultrasonic Sound Air Disinfection Equipment, which utilizes acoustic intelligence technology achieving 99.83% efficacy against Covid-19 in just nine seconds. The partnership aims for a global market rollout following prototype confirmation. Antuopu's extensive production capacity ensures efficient fulfillment of orders. Additionally, Datasea is pursuing multiple certifications to enhance product credibility in international markets, including the U.S. and Europe.
Datasea Inc. (NASDAQ: DTSS) announced a procurement agreement through its subsidiary, Shuhai Jingwei, with Shenzhen Huanchen Technology Co., Ltd. for 5G messaging services. This agreement, valued at RMB 30 million (approximately USD 4.4 million), covers a twelve-month term and includes prepaid service fees. CEO Zhixin Liu emphasized the company's commitment to enhancing 5G messaging as an effective marketing tool, indicating strong growth potential in this market. The partnership aligns with Datasea's strategy to capitalize on increasing demand for innovative marketing solutions in China's vibrant technology sector.
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