Tuya Inc.
2391.HK
Hong Kong Stock Exchange16.97
HKD
-0.20
- -
ISIN
KYG913841006
Return %
Stock
S&P500
1Y
-15.15
23.08
3Y
13.44
67.59
5Y
-12.07
74.74
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Xueji Wang
- Full Time Employees
- 1,441
- Sector
- Technology
- Industry
- Software - Infrastructure
- Address
- Building A, Huace Center Hangzhou HK People's Republic of China 310012
- IPO Date
- Jul 5, 2022
- Website
- tuya.com
- Similar Companies
- Business
- Tuya Inc. operates as a global AI cloud platform and IoT ecosystem provider, delivering a comprehensive suite of software and hardware-enabled solutions to help brands, OEMs, and developers design, deploy, and manage large-scale connected devices across multiple industries. The company focuses on IoT cloud platform services, AI-enabled device orchestration, and value-added cloud offerings that support smart devices from development through lifecycle management, enabling customers to build and operate connected product ecosystems with interoperability across devices, apps, and data services. Main products and services - IoT Platform-as-a-Service (PaaS): cloud connectivity, device onboarding, device management, data ingestion, real-time analytics, rule engines, and developer tools (SDKs) to design and deploy smart devices and ecosystems at scale. - Software-as-a-Service (SaaS) for verticals: industry-specific software solutions, including smart home and smart business applications, property and facility management, energy management, and other vertical use-cases that leverage Tuya’s cloud and data capabilities. - Cloud-based value-added services: cloud storage, data analytics, data visualization, and integration services to enhance device data usage, predictive maintenance, and operational insights. - Cube Smart Private Cloud: private cloud solutions enabling large conglomerates to build autonomous IoT platforms with bespoke governance, security, and data residency controls. - Hardware modules and development kits: hardware components, modules, and development tools that enable rapid prototyping and scalable device integration with Tuya’s cloud platform. - Device distribution and ecosystem enablement: distribution of Tuya-enabled devices and components through partner channels to accelerate time-to-market, complementing software offerings with compatible hardware. Geographic operations and market reach - Headquarters: Hangzhou, China, with significant regional presence across Asia-Pacific, Europe, North America, Latin America, the Middle East, and Africa. - Global reach: services extended to customers in more than 200 countries and regions, supported by regional offices, international subsidiaries, and localized cloud deployments to meet data residency and latency requirements. Founding year and corporate structure - Founded in 2014, Tuya positions itself as a global AI-powered IoT cloud platform service provider and operates under dual-listed statuses on major exchanges, reflecting broad investor access and regulatory footprints across regions. - Corporate relationships include an international multinational footprint with regional subsidiaries and local offices designed to support global customers, partners, and developers. Latest major changes (recent highlights) - Strategic partnerships and ecosystem expansion: Tuya continually expands its developer and partner network to broaden the scope of its IoT platform, enabling more seamless integrations across device types, verticals, and geographies. - Product and service expansions: ongoing enhancements to PaaS and SaaS offerings, including advanced AI-driven analytics, expanded device compatibility, and deeper integration capabilities with third-party platforms to broaden use-case coverage in smart homes, smart buildings, and industrial IoT. - Market and geographic expansions: intensification of initiatives to serve customers outside China, including strengthened go-to-market and localization efforts in Europe and North America, to support multinational deployments and compliance with regional data requirements. - Corporate initiatives: continuous optimization of cloud-based value-added services and private cloud deployments to support large enterprise clients seeking more control over data governance and security. Industry and segments - Industry focus: smart homes, smart buildings, healthcare, education, agriculture, industrial IoT, and consumer electronics ecosystems. - Business segments: IoT PaaS, vertical SaaS, cloud value-added services, private cloud solutions, and device distribution and ecosystem development. - Customer types: brands, OEMs, developers, system integrators, and large enterprises seeking scalable IoT deployment and management capabilities. Subsidiaries and corporate relationships - Maintains a global network of regional headquarters and subsidiaries across major markets to support local deployment, compliance, and customer support. - Operates a global IoT developer ecosystem, enabling collaboration among device manufacturers, software developers, and application providers within the Tuya platform. Note on data veracity - The description reflects Tuya’s publicly stated positioning as an AIoT cloud platform provider, with emphasis on IoT PaaS/SaaS, private cloud, and ecosystem services, across multiple geographies, and with ongoing strategic collaborations and product enhancements typical of a growth-stage IoT platform company. For the most current specifics on product names, partnerships, and financial updates, please refer to Tuya’s official disclosures and investor relations materials.