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Datasea Announces Entry into Agreements that Will Place its Acoustic High-Tech Products in a Total of 263 Beauty Stores in Northern China
Prnewswire· 2025-01-06 14:45
Core Summary - The company, Datasea Inc, has signed cooperation agreements with 14 beauty industry service and management companies, targeting the sale of approximately 140,000 acoustic high-tech products by the end of 2025, which is expected to generate $11 million in revenue [1][2][3] - The agreements involve placing acoustic high-tech products in 263 beauty salons and body care stores in northern China, including Tianjin and Hebei Province, strengthening the company's market presence in the region [1] - The company plans to expand its customer base to up to 10,000 beauty and body care stores over the next 2-5 years, covering provinces in Tianjin, Hebei, Beijing, and Inner Mongolia [3][11] Product and Technology - The acoustic products included in the agreements are acoustic air sterilizers, sleep products, and the company's 5G AI Digital Service System specifically developed for beauty industry stores [2] - The 5G AI Digital System provides independent technical services to partnered stores, helping them offer better services to their customers [2] - The system integrates 5G and AI technologies to reshape service workflows, enabling precise customer need identification, personalized service recommendations, and efficient marketing through big data analytics [6] Strategic Expansion - The company aims to drive the digital transformation of the beauty and body care industry in northern China through its advanced acoustic high-tech products and 5G AI Digital Beauty System [7] - Datasea plans to continue expanding its sales channels and leveraging its technological expertise and marketing know-how to create sustainable value for merchants and consumers [7] - The company expects to increase its online and offline sales of acoustic high-tech products as the number of partner stores grows [11] Company Background - Datasea Inc is a Nevada-based digital technology company specializing in acoustic high-tech and 5G AI multimodal digital innovation, with a focus on ultrasonic, infrasound, and directional sound technology [8] - The company's 5G multimodal digital segment operates on a cloud platform based on AI, and it has established a wholly-owned subsidiary, Datasea Acoustics LLC, in Delaware to mark its global presence [8]
Datasea Hosts Product Promotion Event and Signs Sales Agreement for up to 300,000 High-Tech Acoustic Units
Prnewswire· 2024-12-02 14:45
The agreement is expected to generate up to approximately $20.8 million annuallyBEIJING, Dec. 2, 2024 /PRNewswire/ -- Datasea Inc. (Nasdaq: DTSS) ("Datasea" or the "Company"), a Nevada digital technology company focused on innovations in acoustic high-tech and 5G AI multimodal digital technologies, today announced that, on November 23, 2024, the Company hosted a product promotion event for its acoustics high-tech products, named "5G AI: Unlocking the Future with Sound. In addition, during the event Datasea ...
Datasea Pre-Announces Full-Year Fiscal 2025 Revenue of $90 Million, Representing a Year-Over-Year Increase of 275%, with Expected Significant Gross Profit Improvement
Prnewswire· 2024-11-19 14:45
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, Datase ...
Datasea(DTSS) - 2025 Q1 - Quarterly Report
2024-11-13 22:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-38767 DATASEA INC. (Exact name of registrant as specified in its charter) | --- | --- | |--------------------------------------------------|-----------------------| | Nevad ...
Datasea Reports First Quarter 2025 Revenue of $21 Million, Up 206% Year-over-Year
Prnewswire· 2024-11-13 14:30
Datasea's Top-Line Performance Driven by its Further Penetration of China's 5G AI Applications SegmentBEIJING, 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 mu ...
Datasea Announces the Closing of a $4.0 Million Private Offering, Primarily Funded by the Company's CEO and Director
Prnewswire· 2024-10-21 13:30
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 ...
Datasea Pre-announces Estimated First Quarter 2025 Fiscal Year Revenue of approximately $22.7 Million, Up 230% Year-Over-Year
Prnewswire· 2024-10-10 13:45
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 quart ...
Datasea(DTSS) - 2024 Q4 - Annual Report
2024-09-26 20:42
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to ____________________ Commission file number 001-38767 DATASEA INC. (Exact name of registrant as specified in its charter) Nevada 45-2019013 (State or other jurisdic ...
Datasea Announces Fiscal Year 2024 Financial Results with Revenue 6.6x that of 2023 Primarily due to Growth of its 5G AI Business
Prnewswire· 2024-09-26 13:45
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 HighlightsRevenue. For the fiscal yea ...
Datasea's New 5G AI Multimodal Agreements Have Already Generated $9.0 Million of 5G-AI Services
Prnewswire· 2024-09-17 13:45
Agreements Boost Fiscal 2025 Revenue and Expand Datasea's 5G Application Market Positioning in ChinaBEIJING, 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 ...