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.
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 announced a registered direct offering of securities, aiming for gross proceeds of $8,480,425.92 before expenses. The company will sell 2,436,904 shares of common stock at $3.48 per share, with investors receiving 0.45 warrants for each share purchased, available for exercise at $4.48 over two and a half years. The funds will be used for general corporate purposes and debt repayment, with the offering expected to close around July 22, 2021.
Datasea Inc. (NASDAQ: DTSS) announced its subsidiary, Shuhai Zhangxun, has signed six new purchase and distribution agreements to enhance its 5G Message-marketing Cloud Platform (5G MMCP) Version 3.0 across China. These partnerships will allow six companies to distribute the platform in designated districts, with total engagements valued at RMB 886,000 (approx. USD 136,940), including RMB 490,400 received to date (USD 75,796). CEO Liu Zhixin highlighted growing demand and a comprehensive marketing strategy aimed at revenue growth from the commercialization of 5G messaging.
Datasea (NASDAQ: DTSS) announced a partnership with the National Engineering Laboratory for Logistics Information Technology to develop 5G Messaging standards in China’s express industry. This cooperation aims to enhance logistics operations using Datasea's 5G Message-marketing Cloud Platform. The partnership, led by YTO Express, a major player in the sector, is expected to improve operational efficiency, reduce costs, and enhance consumer satisfaction in logistics services.
Datasea Inc. (NASDAQ:DTSS) announced the launch of its 5G Message-marketing Cloud Platform (5G MMCP) Version 3.0 through its subsidiary, Shuhai Zhangxun. The company signed six purchase agreements valued at approximately RMB 1.042 million (USD 162,900) with partners across several Chinese cities, receiving RMB 998,000 (USD 156,020) already. The upgraded platform aims to enhance marketing capabilities for SMEs through improved services in various industries, signifying Datasea's commitment to innovation and growth in the tech sector.
Datasea Inc. (NASDAQ: DTSS) announced that its subsidiary, Shuhai Zhangxun, received authorization from ZTO Express to develop 5G Messaging applications. This collaboration enables Shuhai Zhangxun to implement 5G messaging services within China's vast logistics market. The company aims to create tailored messaging templates and chatbot capabilities for ZTO, potentially expanding services to include online shopping and live broadcasts. CEO Zhixin Liu emphasized the recognition of Datasea's technical strengths and the partnership's potential to enhance operational efficiency.
Datasea Inc. (NASDAQ:DTSS) has announced a strategic cooperation agreement with Hunan Changdian Information Technology Co., Ltd. to provide smart community services to 110 residential communities in Changsha City by December 5, 2021. This initiative aims to enhance community safety, focusing on pandemic prevention and control through smart security technologies including contactless body temperature measurement and face recognition. The partnership will enable market expansion and diverse revenue streams through system sales and online operations.
Datasea Inc. (NASDAQ:DTSS) announced a distribution partnership with Jiade Boya to provide its 5G Messaging-marketing Cloud Platform (5G MMCP) to 50,000 enterprise clients across Jiangsu, Zhejiang, and Shanghai by December 31, 2021. This initiative is expected to enhance the product's market reach in economically developed regions of China and leverage Jiade Boya's extensive customer network. CEO Zhixin Liu emphasized the significance of this partnership for Datasea’s product distribution strategy and anticipated revenue growth from market channel expansion.
Datasea Inc. (NASDAQ:DTSS) has launched a new automated contextual communication application called Chatbot on its 5G message-marketing cloud platform. The Chatbot leverages natural language processing (NLP) to enhance user interaction and provides services such as message parsing and autonomous decision-making. CEO Zhixin Liu emphasized the use of big data for user identification and customer satisfaction improvements. This launch aims to enhance 5G value-added services, offering customized support for merchants and customers.
Datasea Inc. (NASDAQ:DTSS) has launched its 5G Messaging Product Version 2.0 through its subsidiary, Shuhai Zhangxun. This intelligent all-in-one messaging marketing cloud platform integrates various marketing tools, analytics, and messaging channels aimed at small and medium enterprises (SMEs) for digital transformation. The development aligns with telecom guidelines, incorporating Chatbot applications across multiple industries. Datasea is recognized as a high-tech enterprise in China, focusing on innovative security solutions and education technologies.
Datasea Inc. (NASDAQ:DTSS) announced agreements to provide Smart Community Security Services in China through its subsidiary Guozhong Haoze. This initiative includes a purchase agreement with Tianjin Yidong Fenxiang for hardware worth RMB 119,640 (~$18,497), enabling contactless body temperature measurement. Collaborations with multiple property management firms will see the installation of security systems and training sessions. The service agreements allow Datasea to earn 90% of advertising revenue from the installed systems, with terms ranging from one to five years.