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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
Datasea (NASDAQ: DTSS) announced a marketing partnership with Shenzhen Daxin Jike Association to enhance its 5G messaging solutions in China. The Company has upgraded its sales model and expanded its sales team, adopting an integrated strategy that includes utilizing marketing partners and direct sales. Daxin Jike will assist small and medium-sized businesses in accelerating digital transformation through Datasea’s 5G integrated message marketing cloud platform. CEO Zhixin Liu highlighted the partnership as a milestone to diversify products and improve profit margins.
Datasea Inc. (NASDAQ: DTSS) reported significant growth for Q3 2022, with revenues of $6.64 million, a staggering increase of 37,463% year-over-year. Gross profit soared to $588,404, up 7,469% compared to Q3 2021, driven by its 5G messaging solutions, which secured over $17 million in contracts. The company expanded its client base for 5G messaging from 100 to nearly 200 enterprises and achieved recognition in the industry, enhancing its competitive position. Datasea also demonstrated progress in its acoustic intelligence and smart city segments.
Datasea Inc. (NASDAQ: DTSS) has announced non-binding one-year business cooperation agreements with Shen Zhen New Route Network Technology and QueTal Compra. These collaborations aim to enhance Datasea's market presence in North and South America by leveraging New Route's e-commerce experience and QueTal's regional stores. CEO Zhixin Liu highlighted the importance of these partnerships in expanding its capabilities and customer reach. Datasea focuses on 5G messaging, acoustic intelligence, and smart city technology, enhancing its distribution and logistics to create a stronger customer value proposition.
Datasea Inc. (NASDAQ: DTSS) announced a significant partnership with Heilongjiang Xunrui Technology Co., Ltd. to enhance its smart city technology offerings. The agreement involves establishing information systems for 100 residential communities, with a total budget of RMB 50 million (approximately USD 7.88 million) over two years. These 5G messaging solutions incorporate AI-driven face recognition for public safety and efficient community management. CEO Zhixin Liu emphasized the strategic synergy of integrating 5G messaging and smart city solutions, positioning Datasea for growth and technological advancement.
Datasea Inc. (NASDAQ: DTSS) announced a three-year collaboration between its subsidiary Shuhai Shengxiao Technology and Guangdong Canbo Electrical Co., Ltd. This partnership focuses on integrating Shuhai Shengxiao's acoustic intelligence technology into Canbo's disinfection cabinet products. Canbo dominates the disinfection cabinet market with a 40% online sales share as of November 2021. The collaboration aims to enhance user experience by reducing disinfection time from 3 minutes to 10 seconds and is projected to achieve annual sales of 500,000 units once product development is complete.
Datasea Inc. (NASDAQ: DTSS) announced a one-year partnership with Unicorner LLC to enhance its presence in the U.S. acoustic intelligence market. This collaboration will leverage Unicorner's supply chain management expertise to facilitate product distribution. According to CEO Zhixin Liu, this agreement is a strategic step towards building a global presence and offering high-quality products. Datasea is recognized as a High Tech Enterprise, focusing on 5G messaging, acoustic intelligence, and smart city technologies.
Datasea Inc. (NASDAQ: DTSS) has launched its Ultrasonic Sound Sterilization and Antivirus Equipment, targeting various applications such as hospitals and logistics. This innovative product claims to eliminate over 99.9% of bacteria and viruses through ultrasonic technology, promoting market entry into the U.S. The company aims to leverage the growth potential in the sterilization market, projected to reach $23.73 billion by 2027. CEO Zhixin Liu emphasized that the U.S. expansion will enhance R&D and production capabilities, aligning with the ongoing developments in 5G messaging and smart agriculture.
Datasea Inc. (NASDAQ: DTSS) has announced new developments in 5G messaging through its subsidiary Shuhai Zhangxun. The launch of 'Juchuan Smart Push' aims to enhance personalized delivery services by integrating rich media messaging, enabling enterprises to engage effectively with consumers. The company is strengthening partnerships with provincial operators and targeting the express delivery industry in China. CEO Zhixin Liu emphasized the focus on the Yangtze River Delta region for business growth, leveraging data analytics to boost marketing efficiency.
Datasea Inc. (NASDAQ: DTSS) reported a significant surge in its financial results for Q2 2022, with revenue hitting $8.98 million, up 7016% year-over-year. Gross profit rose to $246,299, reflecting a 186% increase. The company's 5G messaging segment showed remarkable growth, generating more than 900% in sales revenue from the previous quarter. Datasea continues to expand its client base and enhance its product offerings, focusing on sustainable development and integration across its business lines.
Datasea Inc. (NASDAQ: DTSS) announced partnerships with leading Chinese research institutes to advance acoustic intelligence for commercial use. The company released China's first white paper on this technology, detailing applications and industry outlook. Key partnerships include institutions such as the Chinese Academy of Sciences and Beijing Union University. The market for acoustic devices is projected to grow at a compound annual growth rate of 15.6%, reaching 46 billion yuan by 2025. Datasea aims to launch several acoustic hardware products in 2022, enhancing its position in the 5G and smart city sectors.
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