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.
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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