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home / articles / DTSS - What In The World Is Going On With Datasea (DTSS) Stock? | Benzinga

DTSS - What In The World Is Going On With Datasea (DTSS) Stock? | Benzinga

Datasea Inc.

Datasea Inc (NASDAQ:DTSS) shares are trading lower by 19% to $7.35 during Tuesday’s session, pulling back following earlier, marked strength. The company announced the establishment of a joint venture company in China named Datasea Yiyun Digital Technology Co., Ltd. with Shenzhen Yiyun Technology Co., Ltd.

Datasea says the aim of the venture is to advance their presence in the 5G multimodal communications sector by combining AI and leveraging their respective technological capabilities. Datasea holds 66% equity while Yiyun Technology holds 34%.

Both companies say they believe their combined strengths will provide sustainable competitive advantages, particularly in terms of technological capabilities, customer acquisition and pricing strategies in China’s 5G multimodal communication sector.

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DTSS) Stock?>Full story available on Benzinga.com
Stock Information
Company Name: Datasea Inc.
Stock Symbol: DTSS
Market: NASDAQ
Website: dataseainc.com
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