Welcome to our dedicated page for Datasea Intelligent Technology news (Ticker: DTSS), a resource for investors and traders seeking the latest updates and insights on Datasea Intelligent Technology stock.
Datasea Intelligent Technology Ltd. develops acoustic high-tech products and AI-powered multimodal digital solutions through a public holding-company structure. Its news commonly covers acoustic applications using ultrasonic, infrasound and directional sound technologies, including acoustic disinfection products, wellness care robots, environmental hygiene uses and research-stage industrial applications.
Company updates also address AI multimodal solution projects, 5G-AI digitalization, partner-supported commercialization, U.S. market activity through Datasea Acoustics LLC, and periodic financial results. The company completed a redomicile merger from Nevada to the British Virgin Islands in 2026, with the BVI company continuing as the Nasdaq-listed public holding company under DTSS.
Datasea (NASDAQ: DTSS) announced a Cooperation Agreement between its Chinese entity, Shuhai Information Technology, and Beijing Haoteng Chuangxiang Technology. This Agreement aims to enhance Datasea's 5G AI multimodal business in China. The partnership began on May 11, 2024, and has already generated approximately $2.8 million in the first ten days, with a projected revenue of $86 million for the fiscal year. The Agreement allows Shuhai Information to utilize its 5G AI platform to deliver targeted advertising and market promotion services for Haoteng Chuangxiang. Datasea aims to leverage this strategic partnership to secure more lucrative contracts and strengthen its market position in high-tech intelligent acoustics and 5G AI communication technology.
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.
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