Business
Datasea Expands 5G Messaging Service by Signing Two New Clients
BEIJING, Sept. 7, 2023 /PRNewswire/ -- Datasea Inc., (NASDAQ: DTSS) ("Datasea" or the "Company"), a Nevada incorporated digital technology corporation engaged
About this update from Datasea Intelligent Technology Ltd.
[{"type":"text","content":"BEIJING, Sept. 7, 2023 /PRNewswire/ -- Datasea Inc., (NASDAQ: DTSS) (\"Datasea\" or the \"Company\"), a Nevada incorporated digital technology corporation engaged in converging and innovative business segments for intelligent acoustics and 5G messaging technology in China, today announced that Datasea's Chinese operating entity, Shuhai Information Technology Co., Ltd. (\"Shuhai Beijing\"), together with Heilongjiang Xunrui Technology Co., Ltd (\"Xunrui Technology), Shuhai Jingwei (Shenzhen) Information Technology Co., Ltd. (\"Shuhai Jingwei\") and Guozhong Times (Beijing) Technology Co., Ltd.(\"subsidiaries\") have entered into agreements with two prominent new clients: Hainuo Xintong (Qingdao) Network Technology Co., Ltd. (\"Hainuo\") and Shenzhen Qiake Technology Co., Ltd. (\"Shenzhen Qiake\") This current move aims to bolster our 5G messaging top-up services, catering to a broader spectrum of industries within the Chinese market.\n\n \n \n \n \n \n \n\n \nThese agreements enable Hainuo and Shenzhen Qiake to purchase 5G message virtual recharge cards in various denominations ranging from ¥10 to ¥500 RMB ($1.38 to $69.4) over the course of the 12 months of the agreements. In just the few short weeks since the agreements were signed with Hainuo and Shenzhen Qiake, Shuhai Beijing and its subsidiaries have provided 5G messaging top-up services valued at approximately $1.89 million (RMB 13.80 million). In addition to the new agreements, our ongoing services to pre-existing clients have generated approximately $1.06 million (RMB 7.71 million) in revenue providing for the month of August alone.\nHainuo and Shenzhen Qiake operate in various industry sectors and serve a diverse and geographically dispersed customer base in China. Shuhai Beijing and its subsidiaries offer these clients comprehensive 5G messaging services, including multiple top-up plans, data interfaces, and a streamlined 5G messaging payment platform.\nDatasea's CEO, Zhixin Liu, commented, \"The addition of these new clients to our 5G messaging services portfolio underscores the growing demand for enhanced 5G capabilities in the Chinese market. It reaffirms our commitment to providing efficient and customized recharge solutions that meet the needs of our diverse clientele.\"\nAbout Datasea Inc.\nDatasea Inc., was incorporated in Nevada on September 2014 and listed on t...