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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) 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.
Datasea Inc. (NASDAQ: DTSS) has announced a significant milestone in 5G messaging services through its subsidiary, Hangzhou Shuhai Zhangxun. The company assisted ZTO Express in executing China's first delivery order via 5G messaging, indicating the service's readiness for commercial use. Following Shuhai Zhangxun's authorization from ZTO in June to create messaging templates tailored for the express delivery sector, Datasea has successfully dispatched 5 million 5G messages since the pilot launch. The company aims to enhance communication efficiency across various industries using 5G technology.
On November 18, 2021, Datasea (NASDAQ: DTSS) announced its subsidiary, Hangzhou Shuhai Zhangxun, secured a $378K contract with China Mobile Guangzhou Branch. This contract focuses on providing Cloud Transformation Services, aiding Shenzhen Qikai Technology in migrating its property management system to the cloud. The one-year contract includes essential services like cloud computing, data migration, and cloud security.
CEO Zhixin Liu emphasized the significance of 5G technology as a key revenue driver and highlighted the synergistic potential across Datasea's business sectors.
Datasea Inc. (NASDAQ: DTSS) announced a $4.67 million procurement contract for Messaging Services with Jiangxi Zhouwang Network Technology. Through its subsidiary, Shuhai Zhangxun, Datasea will provide access to Short Message and 5G Multimedia Message platforms, including necessary infrastructure from Chinese mobile operators. The contract, valued at no less than RMB 30 million, spans one year with monthly invoicing following service commencement. CEO Zhixin Liu highlighted this partnership as a key step in enhancing Datasea's 5G messaging strategy and positioning the company for sustainable growth.
Datasea Inc. (NASDAQ: DTSS) announced a $3.87 million procurement contract with Liangzi Xuntong Technology Co., Ltd. to provide Short Message and 5G Multimedia Message Services. The contract includes access to Shuhai Zhangxun's messaging platforms and telecommunications gateways, with a minimum purchase commitment of RMB 25 million. The one-year contract outlines monthly prepayment terms based on message estimates. CEO Zhixin Liu emphasized the company’s commitment to market presence and strong performance in the 5G Messaging sector.
Datasea Inc. (NASDAQ: DTSS) has announced a new agreement through its subsidiary, Shuhai Zhangxun, to provide Short Message and 5G Multimedia Message Services to Hubei Kuanyun Network Technology. The contract is valued at no less than RMB 28 million (approximately USD 4.33 million) over one year. The agreement enables Hubei Kuanyun access to Datasea's messaging platforms and telecommunications gateways, facilitating communication with clients and partners. CEO Zhixin Liu emphasized the company's commitment to enhancing its 5G messaging offerings to meet market demands.
Datasea Inc. (NASDAQ: DTSS) has successfully completed a registered direct offering of 2,436,904 shares at $3.48 per share, generating approximately $8.48 million in gross proceeds. Each share purchased includes an unregistered warrant for 0.45 shares at an exercise price of $4.48, expiring in two and a half years. The net proceeds, estimated at $7.6 million, will be used for corporate purposes and debt repayment. FT Global Capital acted as the exclusive placement agent.
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