Datasea Announces New Collaborations to Help Expand Distribution in North and South America
April 12 2022 - 8:30AM
Datasea Inc., (NASDAQ: DTSS) ("Datasea" or the "Company"),
incorporated in Nevada on September 2014, is a digital technology
corporation engaged in three converging and innovative business
segments: 5G messaging, acoustic intelligence and smart city
technology in China. Today, the Company announced that it has
entered into separate non-binding one-year business cooperation
agreements with Shen Zhen New Route Network Technology (“New
Route”) and QueTal Compra, respectively, which Datasea believes
will help it create synergies on promotion, sales, business
development, branding, and localization, aiming to bolster
Datasea’s participation in North and South America.
Datasea believes that the new collaborations will help it expand
the scale and global footprint and integrate New Route and QueTal
Compra into Datasea’s distribution process. New Route utilizes over
ten years of experiences in China and North America e-commerce
industry and nearly twenty physical stores around the world to help
clients distribute products effectively. QueTal Compra is a
fast-growing company with twenty-two physical stores and about 100
employees all over South America, including Peru, Argentina,
Columbia, Bolivia, and Mexico. New Route and QueTal Compra bridge
domestic and overseas markets to deliver streamlined logistics and
enable Datasea to strengthen the customer value proposition.
"We are pleased to have the opportunity to broaden our scale,
reach and capabilities in the critical markets for oversea
customers in North and South Americas. Datasea is also another step
closer to the goal, which is to eventually expand into the oversea
market as a strategic global anchor and eventually establish a
subsidiary and eventually establish a research center in the US."
said Zhixin Liu, the CEO of Datasea, " Datasea is constantly
looking towards the future to empower our customers as well as
today’s broader marketplace with high-quality products. In order to
display this commitment, we’ll consistently look to work with key
businesses, in an effort to offer the best-in-class solutions in 5G
messaging, acoustic intelligence and smart city.”
About Datasea Inc. Datasea Inc., through its
variable interest entity, Shuhai Information Technology Co., Ltd.,
a digital technology company in China, engages in three converging
and innovative industries: smart city, acoustic intelligence and 5G
messaging. Datasea leverages facial recognition technology and
other visual intelligence algorithms, combined with cutting-edge
acoustic and non-visual intelligence algorithms, to provide smart
city solutions that meet the security needs of residential
communities, schools and commercial enterprises. Most recently, in
response to the growing utilization of 5G technologies and the
overall initiative to utilize Datasea’s technology capabilities to
expand business coverage and revenue resources, Datasea has also
strategically expanded business coverage to 5G messaging and smart
payment solutions. Datasea has been certified as one of the
High-Tech Enterprises (jointly issued by the Beijing Science and
Technology Commission, Beijing Finance Bureau, Beijing State
Taxation Bureau and Beijing Local Taxation Bureau) and one of the
Zhongguancun High Tech Enterprises (issued by the Zhongguancun
Science Park Administrative Committee) in recognition of the
company’s achievement in high technology products. For additional
company information, please visit: www.dataseainc.com. Datasea
routinely posts important information on its website.
Cautionary Note Regarding Forward-Looking
Statements This press release contains forward-looking
statements within the meaning of Section 21E of the Securities
Exchange Act of 1934 and as defined in the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can
be identified by terminology such as "will", "expects",
"anticipates", "future", "intends", "plans", "believes",
"estimates", "target", "going forward", "outlook," “objective” and
similar terms. Such statements are based upon management's current
expectations and current market and operating conditions, and
relate to events that involve known or unknown risks, uncertainties
and other factors, all of which are difficult to predict and which
are beyond Datasea's control, which may cause Datasea's actual
results, performance or achievements (including the RMB/USD value
of its anticipated benefit to Datasea as described herein) to
differ materially and in an adverse manner from anticipated results
contained or implied in the forward-looking statements. Further
information regarding these and other risks, uncertainties or
factors is included in Datasea's filings with the U.S. Securities
and Exchange Commission, which are available at www.sec.gov.
Datasea does not undertake any obligation to update any
forward-looking statement as a result of new information, future
events or otherwise, except as required under law.
Datasea investor and media
Contact:International Elite Capital Inc. Annabelle
ZhangTelephone: +1(646) 866-7989 Email:
datasea@iecapitalusa.com
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