Datasea Inc., through its subsidiaries, provides smart security solutions in the People's Republic of China. It develops big data security and smart 3D security platforms, safe campus security systems, scenic area security systems, and public community security systems, as well as epidemic system. The company offers its smart security solutions primarily to schools, tourist or scenic attractions, and public communities. It also provides 5G messaging and smart payment solutions. The company was formerly known as Rose Rock, Inc. and changed its name to Datasea Inc. in October 2015. Datasea Inc. was incorporated in 2014 and is headquartered in Beijing, the People's Republic of China.
IPO Year:
Exchange: NASDAQ
Website: dataseainc.com
BEIJING, Nov. 19, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a Nevada-registered digital technology company focused on innovations in acoustic high-tech and 5G AI multimodal digital technologies, today pre-announced that its revenue for the fiscal year ending June 30, 2025, is expected to be approximately $90.0 million. This represents an increase of $66.0 million, or 275.0%, compared to full-year revenue of $24.0 million in fiscal year 2024. As of October 31, 2024, Datasea achieved approximately $31.7 million in revenue for the first four mo
Datasea's Top-Line Performance Driven by its Further Penetration of China's 5G AI Applications Segment BEIJING, Nov. 13, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a Nevada-based technology firm, today released its financial results for its first fiscal quarter ended September 30, 2024, reporting robust revenue of $21.1 million, representing 206% growth year-over-year. The increase in revenue was primarily due to the continued success of the Company's leading edge 5G AI multimodal digital business segment sector in China. Ms. Zhixin Liu, CEO
BEIJING, Oct. 21, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a Nevada-based digital technology company focused on innovative high-tech acoustics and 5G AI multimodal digital technology, today announced that, as of October 15, 2024, the Company closed its Regulation S offering (the "Offering") with three investors, including its two largest shareholders, the Company's CEO and Director, pursuant to which the Company sold the investors an aggregate of 1,932,224 shares of its common stock (the "Shares"). The purchase price for the Shares was $2.06 per share, which was equal to the closing price of the Company's common stock on The Nasdaq Capital Market on Sept
BEIJING, Oct. 10, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a Nevada-registered digital technology company focused on innovations in acoustics high-tech and 5G AI multimodal digital technologies, today pre-announced that its revenue for the first quarter of fiscal year 2025, ending September 30, 2024, is expected to be approximately $22.7 million. This represents an increase of approximately $15.8 million, or 230%, compared to $6.88 million in revenue for the first quarter of fiscal year 2024. The projected revenue almost matches the Company's full revenue for fiscal year 2024, which was approximately $23.98 million. The strong revenue growth is primarily
The Total Value of 5G-AI Contracts Currently in Process Exceeds $100 MM BEIJING, Sept. 26, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a Nevada-based digital technology company focused on innovative high-tech intelligent acoustics and 5G AI multimodal digital technology, today announced the Company's financial results for its fiscal year ended June 30, 2024, and provided an update on its strategic initiatives. Fiscal Year 2024 Financial Highlights Revenue. For the fiscal year ended June 30, 2024, Datasea reported revenue of approximately $24.0 million, an increase of approximately $20.4 million, or approximately 558.6%, as compared to compared to approxima
Agreements Boost Fiscal 2025 Revenue and Expand Datasea's 5G Application Market Positioning in China BEIJING, Sept. 17, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a Nevada-based company focused on innovative high-tech acoustics and 5G-Artificial Intelligence ("AI") multimodal digital technology in the United States and China, today announced that, on August 12, 2024, its Chinese subsidiaries, Shuhai Information Technology Co., Ltd. ("Shuhai Information") and Guozhong Times (Beijing) Technology Co., Ltd. ("Guozhong Times"), each entered into an agreement (the "Agreements") with Qingdao Ruizhi Yixing Information Technology Co., Ltd. ("Qingdao Ruizhi Yixing")
The Prospective Partnership with a Subsidiary of China Mobile, one of the World's Largest Mobile Operator, Underscores DTSS' Achievements in 5G-AI Communications BEIJING, Aug. 6, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a digital technology company incorporated in Nevada, engaged in innovative businesses in high-tech intelligent acoustics in the United States, and 5G-Artificial Intelligence ("AI") multimodal communication technology in China, today announced that on July 17, 2024, the Company's wholly-owned subsidiary, Heilongjiang Xunrui Technology Co., Ltd. ("Xunrui Technology"), was selected by China Mobile Internet Co., Ltd. ("China Mobile Internet")
BEIJING, July 3, 2024 /PRNewswire/ -- Datasea Inc., (NASDAQ:DTSS) ("Datasea" or the "Company"), a Nevada corporation engaged in innovative businesses in high-tech intelligent acoustics and 5G-Artificial Intelligence ("AI") multimodal communication technology in the United States and China, today announced the closing of its previously announced registered direct offering with a certain institutional investor, pursuant to which the Company sold 692,308 shares of its common stock (or common stock equivalents in lieu thereof) at an offering price of $3.25 per share of common stock (or common stock equivalents in lieu thereof) in a registered direct offering.
BEIJING, July 2, 2024 /PRNewswire/ -- Datasea Inc., (NASDAQ:DTSS) ("Datasea" or the "Company"), a Nevada corporation engaged in innovative businesses in high-tech intelligent acoustics and 5G-Artificial Intelligence ("AI") multimodal communication technology in the United States and China, today announced that it entered into a share purchase agreement with a certain institutional investor to purchase 692,308 shares of its common stock (or common stock equivalents in lieu thereof) at an offering price of $3.25 per share of common stock (or common stock equivalents in lieu thereof) in a registered direct offering. The offering is expected to close on or about July 3, 2024, subject to satisfac
The Three Agreements Support Continued Fiscal Year 2025 Revenue Growth for its Core AI-Based Businesses BEIJING, July 1, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a Nevada corporation engaged in innovative businesses in high-tech intelligent acoustics and 5G-Artificial Intelligence ("AI") multimodal communication technology in the United States and China, today announced three new sales agreements with its subsidiaries in China. If the parties to these agreements that total approximately $61.7 million that encompass two agreements for its 5G-AI communications segment, and one agreement for its high tech acoustic products segment.
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BEIJING, Feb. 13, 2024 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a global technology company that develops and provides products utilizing intelligent acoustics including ultrasound, infrasound and directional sound, and provides 5G multimodal communication, upgraded 5G messaging services, today announced its financial results for the second quarter ended December 31, 2023. "We delivered strong performance in our second quarter of 2024 with revenue of approximately $11.3 million which brought our first half revenue of 2024 to $18.2 million. The i
BEIJING, Nov. 13, 2023 /PRNewswire/ -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a global technology company that develops and provides products utilizing intelligent acoustics including ultrasound, infrasound and directional sound, and provides 5G messaging, today announced its financial results for the first quarter ended September 30, 2023. "Our first quarter results delivered strong performance with revenue of approximately $6.8 million. The increase in revenue was mainly due to the rapid increase of our 5G messaging business in China. For the current period, we benefitted from our diversified communications portfolio, our expanded addressable market and our continued im
BEIJING, Sept. 28, 2022 (GLOBE NEWSWIRE) -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), incorporated in Nevada in September 2014, is a digital technology corporation engaged in three converging and innovative business segments: 5G messaging, acoustic intelligence, and smart city in China, today announced financial results for its full fiscal year ended June 30, 2022, and provided an update on its key strategic and operational initiatives. The Company will host a conference call and webcast to discuss its financial results today at 9 a.m. ET (9 p.m. Beijing and Hong Kong Time). "This year marked an important moment in Datasea's history. We launched 5G messaging solutions and i
BEIJING, May 16, 2022 (GLOBE NEWSWIRE) -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), incorporated in Nevada in September 2014, and a digital technology corporation engaged in three converging and innovative business segments: 5G messaging, acoustic intelligence and smart city in China, today announced financial results for the quarter ended March 31, 2022 and provided an update on its key strategic and operational initiatives. "Datasea delivered record third quarter results with year-over-year growth, mainly driven by accelerating demand for our 5G messaging solutions. This quarter marked a significant inflection point to scale and transform Datasea, underscoring
BEIJING, Feb. 11, 2022 (GLOBE NEWSWIRE) -- Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), incorporated in Nevada in September 2014, is a digital technology corporation engaged in three converging and innovative business segments: 5G messaging, acoustic intelligence and smart city in China, today announced financial results for the quarter ended December 31, 2021 and provided an update on its key strategic and operational initiatives. "Datasea had a solid quarter as our 5G messaging business started to demonstrate its great value and capability to improve the Company's competitiveness and create new sources of revenue and profits. As one of the first movers in this industry, Da
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The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. ` The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro. Here's the latest list of major oversold players in this sector, having an RSI near or below 30. Key Tronic Corporation (NASDAQ:KTCC) On June 20, Key Tronic announced a consulting arrangement with Craig D. Gat
Datasea Inc (NASDAQ:DTSS) shares are trading lower by 27.1% to $3.60 during Tuesday’s session after the company announced that it priced its $2.25 million registered direct offering of 692,307 shares at $3.25 per share. The offering is expected to close around July 3, pending standard conditions. The funds will be used for research and development, market expansion and general corporate purposes. EF Hutton LLC is acting as the exclusive placement agent for the offering. Read Also: Tesla Deliveries Fall For Second Straight Quarter, But Stock Takes Off As Q2 Numbers Exceed Expectations How To Buy DTSS Stock By now you're likely curious about how to participate in the market for
Datasea Inc., (NASDAQ:DTSS) ("Datasea" or the "Company"), a Nevada corporation engaged in innovative businesses in high-tech intelligent acoustics and 5G-Artificial Intelligence ("AI") multimodal communication technology in the United States and China, today announced that it entered into a share purchase agreement with a certain institutional investor to purchase 692,308 shares of its common stock (or common stock equivalents in lieu thereof) at an offering price of $3.25 per share of common stock (or common stock equivalents in lieu thereof) in a registered direct offering. The offering is expected to close on or about July 3, 2024, subject to satisfaction of customary closing conditions.D
Datasea Inc (NASDAQ:DTSS) shares are trading higher by 37% to $6.17 during Monday’s session after the company announced three sales agreements with its Chinese subsidiaries, totaling approximately $61.7 million. Datasea’s subsidiary Guozhong Haoze secured a $30 million contract with Shenzhen Juhaowan Technology Co., Ltd. on May 15, 2024, to provide 5G AI multimodal communication services over 12 months. Similarly, Datasea’s Heilongjiang Xunrui subsidiary signed a $30 million contract with Shenzhen Yuzhongqing Technology Co., Ltd. on May 13. Additionally, the company’s Shuhai Jingwei subsidiary finalized a $1.7 million agreement with Tianjin Qianli Culture Communication Co., Ltd. on Ju
Gainers MicroAlgo (NASDAQ:MLGO) shares moved upwards by 158.3% to $4.03 during Tuesday's pre-market session. The company's market cap stands at $30.6 million. Core Scientific (NASDAQ:CORZ) shares rose 42.29% to $6.93. The company's market cap stands at $1.2 billion. Datasea (NASDAQ:DTSS) shares increased by 21.41% to $5.5. The company's market cap stands at $16.8 million. ARB IOT Group (NASDAQ:ARBB) shares rose 17.98% to $0.9. The company's market cap stands at $23.7 million. Neonode (NASDAQ:NEON) stock rose 16.42% to $3.26. The company's market cap stands at $50.0 million. Sequans Communications (NYSE:SQNS) shares moved upwards by 11.68% to $0.78. The company's market cap stands at $4
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