Datasea Inc. (NASDAQ:DTSS) ("Datasea" or the "Company"), a trailblazing digital technology company incorporated in Nevada, dedicated to innovative solutions in acoustic high tech and 5G-Artificial Intelligence ("AI") multimodal communication technology in the United States and China, today announced that has announced its entry into a Framework Agreement with iPower Inc. (NASDAQ:IPW) for Product Cooperation, marking the commencement of a joint effort to bolster product distribution within the US online market.
"The partnership between Datasea and iPower presents an exciting opportunity to broaden our market reach and deliver cutting-edge products to US consumers," remarked Zhixin Liu, CEO of Datasea Inc. "By merging our digital technology expertise with iPower's robust ecommerce platform, our aim is to offer customers innovative solutions that enrich their lives."
iPower Inc., an esteemed data and tech-driven online merchandiser with robust logistics capabilities, stands ready to harness its strengths within the online market. This agreement underscores the shared vision and commitment of both companies to leverage their synergies and collaborate in distributing Datasea's advanced products across the burgeoning US online market. As part of the agreement, Datasea will introduce a diverse range of acoustic intelligence products in the United States, while also providing essential technical support to facilitate their expansion into the American market.
In reciprocation, iPower will leverage its internal expertise and external resources to bolster Datasea's product promotion endeavors, particularly within the online domain. "Our strategic collaboration with Datasea is in line with our mission to provide customers with top-quality products and exceptional service," remarked Lawrence Tan, CEO of iPower Inc. "We are confident that by harnessing our strong ecommerce capabilities alongside Datasea's innovative technology, we can create a seamless shopping experience for consumers while driving growth for both companies."
This strategic partnership is poised to unlock valuable opportunities for both entities, including synergies in promotion, sales, business expansion, brand elevation, and localization. With a shared dedication to innovation and customer satisfaction, Datasea and iPower are poised to make significant strides in the US online market.