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TAOP Receives $ 3.3 Million Cloud-based Ad Terminal Order for Fujian Province Expands to 300 cities by 2019

Taoping Inc. - Ordinary Shares (TAOP) 
Company Research Source: GlobeNewswire
SHENZHEN, China, March 11, 2019 (GLOBE NEWSWIRE) -- Taoping Inc. (NASDAQ: TAOP), a leading provider of internet-based advertisement distribution and display terminal sharing systems and online retail platform, today announced that it has entered into a contract for 11,219 terminal sales. Signed with Fujian Taoping IoT Technology Limited (“Fujian Taoping”), the contract is expected to generate sales and service revenue to TAOP of about $3.3 million. The contract will also help Fujian Taoping achieve Taoping terminal’s full coverage in Fujian province. Since its inception in 2017, Fujian Taoping has established market presences in 15 cities in Fujian province and gradually penetrated into the district- level market in the past two years. It is expected that, by the end of 2019, Fujian Taoping will achieving the goal of a full coverage of Taoping terminals in the province. The accomplishment of Fujian Taoping reflects the rapid development of Taoping Alliance, a nationwide advertisi Show less Read more
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