Tuya Inc.
New York Stock ExchangeCapital 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.Company Description
- CEO
- Xueji Wang
- Full Time Employees
- 1,453
- Sector
- Technology
- Industry
- Software - Infrastructure
- Address
- Building A, Huace Center Hangzhou ZH People's Republic of China 310012
- IPO Date
- Mar 19, 2021
- CIK
- 0001829118
- Website
- tuya.com
- Similar Companies
- Business
- Tuya Inc. (NYSE: TUYA; HKEX: 2391) provides a leading global AI cloud platform service as-a-service (PaaS), software-as-a-service (SaaS), and smart solutions to developers, brands, original equipment manufacturers (OEMs), AI agents, system integrators, and independent software vendors for building, managing, and monetizing AIoT devices and applications; its core offerings include the TuyaOpen open-source development framework, universal AI Agent engines with an AI Agent development platform, TuyaOS operating system, MCU standard protocols, IoT Core for device connectivity, app development tools such as App SDK, OEM App, Panel MiniApp, and Smart MiniApp, cloud services encompassing device logs, data analytics, real-time voice and video, SaaS development framework, and data visualization, growth tools like data intelligent operation, Data Center, App Mall, and Tuya Expo, value-added services including Works With Certification, Matter Certification, and Smart Voice Skill integration, as well as industry-specific solutions for smart hospitality, commercial lighting, smart residential, smart house and real estate, Cube Private Cloud, LLM solutions, and smart product solution centers supporting over 3,000 product categories in areas such as lighting, security, energy management, home automation, health monitoring, and fitness. The company operates a global AIoT developer ecosystem with over 1,622,000 registered developers across more than 200 countries and regions, enabling physical AI solutions for smart devices, commercial applications, and industries through cloud computing and spatial intelligence capabilities while emphasizing sustainability, security, efficiency, agility, and openness. Founded in 2014 and headquartered in Hangzhou, China, with additional offices in the United States, Europe, and other regions, Tuya serves approximately 5,800 customers worldwide through 120,000+ global channels. Recent developments include a strategic investment in November 2024 by 65 Equity Partners acquiring approximately 13% of its shares from New Enterprise Associates to support international expansion particularly in Southeast Asia and potential future listing on the Singapore Exchange, integration of Mistral AI's large language model into its Cloud Developer Platform in 2025 to enhance hardware development and comply with European data security standards, participation in the United Nations Solutions Hub launch at COP30 in November 2025 showcasing AIoT energy optimization solutions with partners like WEG and Hometree reducing household electricity use by 25-30%, achievement of first-ever quarterly net profit in Q1 2025, and ongoing support for standards like Matter, Zigbee 3.0, and Aliro with fivefold growth in Matter device deployments in 2024.
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