Datasea soars on distribution deal for 5G messaging platform

Datasea Intelligent Technology

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;))