Derick Cole's questions to DATASEA (DTSS) leadership • Q4 2022
Question
Derick Cole of Car Capital inquired about Datasea's competitive advantages in its 5G messaging and acoustic intelligence segments. He also asked for the company's rationale for retaining its Smart City business, given it does not currently generate significant revenue.
Answer
Founder and Chairman Fu Liu addressed the questions, explaining that Datasea's 5G messaging competitiveness stems from its access to China's 1.6 billion mobile users via authorization from major operators, a comprehensive product portfolio, and its first-mover advantage. For acoustic intelligence, Mr. Liu highlighted the company's pioneering role, evidenced by co-authoring China's first white paper on the topic, and the technology's wide range of commercial applications. Regarding the Smart City business, he stated that it has tremendous market opportunities and creates strong synergies with the 5G and acoustic intelligence segments, which enhance and strengthen the overall Smart City solutions.