Tuya Inc.

Tuya Inc. provides an artificial intelligence (AI) cloud platform service in the People's Republic of China. Its AI cloud developer platform offers a suite of offerings including platform-as-a-service (PaaS), software-as-a-service (SaaS), and smart solutions to developers of smart devices, commercial applications, and industries. The PaaS offering enables OEMs, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services. The SaaS offering helps businesses deploy, connect, and manage smart devices in various vertical scenarios such as spatial intelligence and cloud-based software value-added services. Additionally, Tuya provides smart solutions for smart devices integrated with AI and intelligent software capabilities, serving brands, OEMs, industry operators, and system integrators across verticals like smart home and business, renewable energy, education, agriculture, outdoors and sport, and entertainment.

Tuya Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol TUYA. The stock is traded in US Dollars (USD). This listing provides international investors access to the company's shares, and all financial reporting is conducted in US dollars, aligning with standard practices for companies listed on US exchanges.

Tuya Inc. operates in the Technology sector and specifically within the Software - Infrastructure industry. This classification reflects the company's focus on providing cloud-based platform services, including PaaS and SaaS, which are foundational technologies that enable other software and hardware solutions. As a software infrastructure provider, Tuya's platform supports the development and management of smart devices and IoT applications, making it a key player in the technology ecosystem.

Tuya Inc. is headquartered in Hangzhou, in the People's Republic of China. The company primarily serves the Chinese market but also caters to a range of industry verticals globally, including smart home and business, renewable energy, education, agriculture, outdoors and sport, and entertainment. Its clients include brands, OEMs, industry operators, and system integrators. While its operations are based in China, its platform enables developers and businesses worldwide to create and manage smart devices and IoT solutions.

Tuya Inc. generates revenue primarily through its AI cloud platform services. Its main revenue streams include platform-as-a-service (PaaS), which allows OEMs, brands, and developers to build and monetize smart devices; software-as-a-service (SaaS), which helps businesses deploy and manage smart devices in various scenarios; and smart solutions that integrate AI and intelligent software into devices. Additionally, Tuya offers value-added services such as cube private cloud, smart hospitality, smart residential, commercial lighting, and smart house and real estate solutions. These services are provided on a subscription or usage basis, enabling the company to earn recurring revenue from its diverse customer base across multiple industries.