ZW Data Action Technologies Inc.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Handong Cheng
- Full Time Employees
- 25
- Sector
- Communication Services
- Industry
- Advertising Agencies
- Address
- Xinghuo Keji Plaza Beijing People's Republic of China 100070
- IPO Date
- Aug 14, 2009
- CIK
- 0001376321
- Website
- zdat.com
- Similar Companies
- Business
- ZW Data Action Technologies Inc. is a technology company specializing in omni-channel advertising, precision marketing, and data analysis management systems primarily serving small and medium enterprises in the People's Republic of China. The company offers a diverse range of products and services, including Internet advertising; precision marketing services; e-commerce online-to-offline (O2O) advertising and marketing; distribution rights for search engine marketing services; online advertising placements on its web portals; and related value-added technical services designed to enhance market exposure and effectiveness. Additionally, ZW Data Action develops and operates blockchain-enabled web and mobile applications, providing blockchain-based SaaS solutions encompassing NFT generation, data recording, sharing, and storage modules. The company also distributes health and wellness-related products and offers online content production, distribution, promotion, live streamer training, and management services. Founded in 2003 and headquartered in Central, Hong Kong, ZW Data Action Technologies, formerly known as ChinaNet Online Holdings, Inc., operates under its current name since October 2020. Its industry presence spans internet advertising, digital marketing, blockchain technology, and e-commerce sectors. In recent years, the company has strategically expanded its portfolio through initiatives such as entering partnerships to develop AI-driven products, including a cooperation agreement with Chaineffect to promote AI-generated content (AIGC) and enhance its footprint in the AI market across education and e-commerce sectors. It announced a joint development plan with Superwin Technology Pte. Ltd. to create a Web3.0 application service platform and has been actively involved in advancing blockchain-powered enterprise management solutions. Recent major developments include successful equity investment rounds with strategic sales of common stock to entities such as Optimal Success Investments Limited and Amber Strong International Limited in 2024, aimed at raising capital to further business objectives. Also notable was the implementation of a 1-for-4 reverse stock split effective September 30, 2024, as part of efforts to enhance its stock market profile. The company has addressed previous compliance issues with Nasdaq by filing overdue financial reports, maintaining its listing status. It also announced cooperation with Haishuyun to provide value-added services in taxation and payment processing, and a strategic alliance with Digital Life to develop franchise AI models. ZW Data Action Technologies continues to focus on expanding its technological capabilities and market reach with ongoing investments in AI, blockchain, and e-commerce innovation.
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