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
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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
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
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