Datasea Expands 5G Messaging Service by Signing Two New Clients; These Agreements Enable Hainuo And Shenzhen Qiake To Purchase 5G Message Virtual Recharge Cards In Various Denominations Ranging From $1.38 To $69.4 Over The Course Of The 12 Months
Portfolio Pulse from Happy Mohamed
Datasea Inc. (NASDAQ:DTSS) has signed agreements with two new clients, Hainuo Xintong and Shenzhen Qiake Technology, to expand its 5G messaging service. The agreements allow the clients to purchase 5G message virtual recharge cards over the next 12 months. Since the agreements were signed, Datasea's Chinese operating entity and its subsidiaries have provided 5G messaging top-up services valued at approximately $1.89 million. In addition, ongoing services to pre-existing clients have generated approximately $1.06 million in revenue for August alone.
September 07, 2023 | 1:31 pm
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Datasea's new agreements with Hainuo Xintong and Shenzhen Qiake Technology for 5G messaging services have already generated significant revenue, indicating a positive impact on the company's financial performance.
The new agreements have already resulted in significant revenue for Datasea, indicating a positive impact on the company's financial performance. The ongoing services to pre-existing clients also continue to generate substantial revenue, further strengthening the company's financial position.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100