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Datasea Inc. - $DTSS STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Datasea's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Datasea's position in the market.

Rhea-AI Summary

Datasea Inc. (NASDAQ: DTSS) pre-announced estimated revenue of $12.5 million for April 2024, supporting its revenue guidance of $86 million for fiscal 2024, reflecting a 1,128% year-over-year increase. The Company serves over 48 million enterprises and users in China with 5G-AI multimodal communication technology, leading to a strong revenue projection. Datasea's core products include acoustic solutions for clean environments and ultrasonic sleep aids, with plans to expand its market reach in the US.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.97%
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Rhea-AI Summary
Datasea Inc. (NASDAQ: DTSS) and iPower Inc. (NASDAQ: IPW) have entered into a Framework Agreement for Product Cooperation to expand product distribution in the US online market. This collaboration aims to leverage Datasea's digital technology expertise and iPower's ecommerce platform to offer cutting-edge products to US consumers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.59%
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Rhea-AI Summary
Datasea Inc. (Nasdaq: DTSS) secures a combined $15 million through its second sales contract for acoustic products. The company's subsidiary, Shuhai Jingwei, signed an agreement with Fubo Zhonglian Technology for the sale of up to $6.91 million of acoustic high tech products. This deal follows a previous agreement worth $8.45 million with Shenzhen Xiaoranfang Marketing Co., The collaboration aims to drive sales of Datasea's innovative acoustic products, including the 'Hailijia' and 'Star Dream' series. Fubo Zhonglian Technology plans to promote and sell these products through various ecommerce channels, leveraging digital human sales, livestreaming, and online purchasing agents. The agreement highlights the market demand for Datasea's advanced acoustic products, positioning the company for growth and success.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.52%
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Rhea-AI Summary
Datasea Inc. (DTSS) announces that CEO Ms. Zhixin Liu plans to purchase up to $3,000,000 of the company's common stock over the next 12 months. Ms. Zhixin Liu currently holds a 25.08% ownership position of the company's shares and believes the stock is undervalued. The purchases will be made on the open market at prevailing prices. The CEO expresses confidence in the company's strategic plan and growth prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
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Rhea-AI Summary
Datasea Inc. (Nasdaq: DTSS) announces a Sales Agreement with Xiaoranfang Marketing for $8.45 million of acoustic high tech products, aiming to boost revenue growth domestically and internationally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
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Rhea-AI Summary
Datasea Inc. (NASDAQ: DTSS) signed a $30 million 5G AI Multimodal Communication Cooperation Agreement with Xiamen Star Miracle Information Technology Co., , supporting a revenue guidance of $86 million, a 1,128% increase year-over-year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.83%
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AI
Rhea-AI Summary
Datasea Inc. (Nasdaq: DTSS) announces a Manufacturing Cooperation Agreement with Broadway Precision Technology to produce upgraded hi-tech intelligent deodorization and disinfection products. The agreement aims to accelerate production, support ongoing negotiations with key clients, and enter the US and China markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.51%
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Rhea-AI Summary
Datasea Inc. (NASDAQ: DTSS) announces plans to enhance its acoustic business by partnering with new global manufacturing partners and upgrading key products. The company aims to start production and market deployment soon, targeting a revenue of approximately $86 million for fiscal year 2024, a remarkable 1,128% year-over-year increase. CEO Ms. Zhixin Liu highlights the importance of these steps in driving financial performance, especially with the expansion into the U.S. market. Datasea's innovative acoustic technology focuses on ultrasonic sterilization to combat viruses and prevent infections, with a range of flagship products for various applications. The company is also venturing into sound industry and sound agriculture sectors, exploring the vast market potential of sound wave technology in diverse industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.45%
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Rhea-AI Summary
Datasea Inc. (DTSS) issues guidance projecting a revenue of $86.0 million for the fiscal year ending June 30, 2024, marking a significant 1,128% increase from the previous year. The company's CEO highlights the positive outlook for both Acoustics Intelligence and 5G-AI multimodal communication segments, emphasizing technological innovation and AI-driven interactions to drive long-term shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
63.77%
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Rhea-AI Summary
Datasea Inc. forms joint venture with Yiyun Technology to enhance 5G multimodal communication services using AI, aiming for significant revenue growth by 2024.
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Rhea-AI Sentiment
End-of-Day
-18.13%
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Datasea Inc.

Nasdaq:DTSS

DTSS Rankings

DTSS Stock Data

22.24M
1.30M
43.39%
5.45%
3.68%
Computer Storage Device Manufacturing
Manufacturing
Link
United States of America
BEIJING

About DTSS

datasea has an ad-hoc query and reporting engine that uses a simple, search-like interface. it finds data across multiple data sources and generates snapshot reports in one step, as easy as using google. datasea's technology works by discovering data relationships across both structured and unstructured data sources, from relational databases to spreadsheets to email and notes. it can also support natural language. we build custom components for software environments. datasea can be used in a wide variety of applications, from business software to healthcare to government intelligence. some markets we currently serve are crm/erp/bi applications, enterprise search, and custom development consultants.