Tuya
Tuya (NYSE: TUYA) is a publicly traded Home Platforms & Hubs company founded in 2014 and based in Hangzhou, China.
Tuya Inc. was founded on June 16, 2014 in Hangzhou, China by Xueji (Jerry) Wang, a former Alibaba Cloud and Alipay senior director, along with co-founders Alex Yang, Leo Chen, and Luckin Zhou. The company operates an AI and IoT platform-as-a-service that lets developers, brands, and OEMs build, manage, and monetize smart-home and IoT devices, effectively providing the invisible cloud and connectivity layer behind a vast number of white-label connected products sold under other companies' names. Tuya went public on the New York Stock Exchange in March 2021, raising roughly $915 million, and added a dual primary listing on the Hong Kong Stock Exchange in July 2022. It trades as NYSE: TUYA and HKEX: 2391 and reports quarterly results as a public company. For fiscal 2025 Tuya reported revenue of $321.8 million (up 7.8%), GAAP net profit of $57.9 million, and $1.02 billion in cash with no debt, and declared its first dividend.
It is the dominant behind-the-scenes IoT cloud platform powering a huge share of inexpensive white-label smart-home products, making it foundational infrastructure for the long tail of connected-device brands.
tuya.com ↗·Home Platforms & Hubs·
China·public · NYSE: TUYA 
