Shares of Datasea Inc. (DTSS) are rising over 18% Monday morning, after the company announced that its wholly-owned subsidiary Shuhai Zhangxun Information Technology Co., Ltd. had entered into a $4.33 million short messages business sales cooperation agreement to provide Short Message and 5G Multimedia Message Services to Hubei Kuanyun Network Technology Co., Ltd.
Under the Agreement, Shuhai Zhangxun will provide Messaging Services to help Hubei Kuanyun reach its clients, including suppliers, business partners, and customers.
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