Datasea soars on distribution deal for 5G messaging platform
14/07/2021 15:11
** Shares of Chinese tech co Datasea Inc DTSS.O more than
double in value to $5.99, nearing a three-year high
** Says its unit signed agreements with six Chinese
companies to distribute a version of its 5G message-marketing
cloud platform urn:newsml:reuters.com:*:nGNX2GbkDb
** The agreements have a total value of 886,000 yuan
($137,313.25)
** Stock is the biggest pct gainer and among the most
heavily traded stocks across U.S. exchanges with over 36 mln
shares changing hands
** DTSS has nearly tripled YTD
($1 = 6.4524 Chinese yuan renminbi)
(Reporting by Amruta Khandekar)
((Amruta.Khandekar@thomsonreuters.com;))