Datasea Enters Into A Sales Agreement With Shenzhen Xiaoranfang Marketing Co., Ltd. For The Sale Of Up To ~$8.45M Of The Company's Acoustic High Tech Products
Portfolio Pulse from Benzinga Newsdesk
Datasea Inc. (DTSS) has entered into a sales agreement with Shenzhen Xiaoranfang Marketing Co., Ltd. for the sale of up to approximately $8.45 million of its acoustic high tech products. This partnership aims to boost Datasea's product sales both domestically and internationally, including on U.S. platforms like Amazon. The agreement covers the sale of Datasea's 'Hailijia' and 'Star Dream' series, which include air disinfection machines and sleep aids. The partnership is expected to be a key driver of Datasea's future revenue growth.
April 04, 2024 | 2:02 pm
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Datasea's partnership with Xiaoranfang Marketing for the sale of its acoustic high tech products is expected to significantly boost the company's sales and revenue, particularly through international and U.S. e-commerce platforms like Amazon.
The sales agreement with Xiaoranfang Marketing is directly aimed at increasing the sales of Datasea's acoustic high tech products, which is a positive development for the company. Given the agreement's focus on both domestic and international markets, including the U.S., and the expected increase in online sales through platforms like Amazon, this partnership is likely to have a positive short-term impact on Datasea's stock price. The confidence in this analysis is based on the agreement's potential to significantly contribute to the company's revenue growth.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100