ZW Data Action Technologies Inc, formerly Chinanet Online Holdings Inc, is a China-based holding company that conducts its primary businesses through its subsidiaries and operating entities (the variable interest entities (VIEs)). The Company primarily operates one-stop services for its clients on its Omni-channel advertising, precision marketing and data analysis system. The Company operates its businesses through two segments. Internet Advertising, Precision Marketing and Related Data Services segment provides advertisers with tools to build sales channels directly in the form of franchisees, sales agents, distributors, and/or resellers. Television Advertising segment provides TV advertising service for the promotion of clients’ brand, products and services.