Alert: 30% YoY Growth in Taoping’s July 2024 Total Contract Revenue Value Driven by Strong Demand for AI-Based Products

August 13, 2024

https://www.prnewswire.com/news-releases/alert-30-yoy-growth-in-taopings-july-2024-total-contract-revenue-value-driven-by-strong-demand-for-ai-based-products-302219485.html

SHENZHEN, China, Aug. 12, 2024 /PRNewswire/ — Taoping Inc. (Nasdaq: TAOP, the “Company”), a developer of innovative smart cloud platform services and solutions, new media and artificial intelligence solutions, today reported a total contract revenue value of approximately RMB 27.4 million (approximately USD $3.8 million) for the month of July 2024, representing 30% growth compared to July 2023, driven by strong demand for its AI-based products.

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