BRIEF: Tuya swings to profit as premium client base expands
Internet of things (IoT) platform operator Tuya Inc. (TUYA.US; 2391.HK) reportedon Tuesday its revenue rose 21.1% year-on-year in the first quarter to $74.7 million. Its gross margin improved by 0.7…
BRIEF: Tuya revenue rises 33.6%, brings in new strategic investor
IoT cloud-based platform Tuya Inc. (TUYA.US; 2391.HK) said on Monday its revenue rose 33.6% year-over-year in the third quarter to $81.6 million, crediting growth in its IoT PaaS and smart…
Tuya’s losses narrow, but stock still looks pricey
The internet of things services provider’s gross margin hit a record high last quarter and its loss narrowed on strong performance for its platform as a service business Key Takeaways:…
IoT Veteran DCS Eyes Big Leagues With New York Listing
The company, which started as a hardware seller and gradually moved into the internet of things, aims to raise $13 million in its New York listing, quadrupling its cash Key…
SPONSORED: IoT Platforms Offer Greener Future for Industrial and Commercial Scenarios
IoT products and services can help industrial and commercial users better manage energy consumption and meet ESG goals The following article has been written with material supplied by Tuya The…
Tuya Seeks Hong Kong IPO to Hedge U.S. Delisting Risk, But Investors Are Wary
With the possibility of being forced to delist from the U.S. market by the SEC, Tuya is primarily seeking a safe harbor and only aims to raise a conservative HK$140…
TuSimple Looks to Decouple From China. Others to Follow?
Autonomous truck technology company is reportedly looking to sell its China business for about $1 billion Key Takeaways: Autonomous truck company TuSimple is reportedly looking to spin off its China…
