Benzinga | Apr 21, 2021 10:34AM EDT

Datasea Stock Is Trading Higher On 5G Messaging Product Launch

* Chinese technology company, Datasea Inc (NASDAQ: DTSS), launched a 5G Messaging Product Version 2.0 with expanded features by its subsidiary Shuhai Zhangxun Information Technology Co., Ltd.

* Shuhai Zhangxun was formed to explore opportunities in the 5G arena and 5G value-added services.

* The 5G messaging product Version 2.0 is a smart and all-in-one message-marketing cloud platform (5G MMCP), including messaging channels, different industry and business templates, marketing tools, and analytics builders.

* Datasea will focus on the 5G messaging product and continue to upgrade its smart business solutions to assist SMEs with digital transformation, CEO Zhixin Liu said.

* Price action: DTSS shares traded higher by 7.41% at $3.19 in the premarket session on the last check Wednesday.