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Tuya Inc - TUYA STOCK NEWS

Welcome to our dedicated news page for Tuya (Ticker: TUYA), a resource for investors and traders seeking the latest updates and insights on Tuya.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Tuya's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Tuya's position in the market.

Rhea-AI Summary
Tuya Inc. (TUYA) Reports Strong Financial Results for Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.81%
Tags
earnings
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Rhea-AI Summary
Tuya Inc. (NYSE: TUYA; HKEX: 2391) to report third quarter 2023 unaudited financial results on November 28, 2023, followed by a conference call. Participants can register online and access the replay through December 05, 2023. A live and archived webcast will also be available on the Company's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.45%
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conferences earnings
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Rhea-AI Summary
Tuya Smart achieves PSA Certified Level 1 device certification for its TS24-U module, a Matter over Thread module. The certification ensures security from design to deployment, improving users' trust in the brand's product. Tuya's full-stack solutions for Matter enhance security performance and simplify the development process. Tuya also offers high-volume DAC issuance and secure OTA firmware updates. The company aims to accelerate Matter device development and build its own branded Matter ecosystem.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.75%
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none
Rhea-AI Summary
Tuya Smart, a global IoT developer service provider, is committed to advancing the adoption of Matter standards in the industry. The recently released Matter 1.2 adds support for nine new types of devices and makes important improvements to testing and certification programs. Tuya has obtained 217 Matter certificates and continues to expand its full-stack solutions for Matter. Tuya is actively involved in the upgrading of the Matter TV standard and strengthening its relationship with ecosystem partners. The company aims to lower the barrier to receive Matter certification and enable customers to build differentiated competitive strengths.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.19%
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none
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Rhea-AI Summary
Tuya Smart and Amazon Web Services collaborate to establish an IoT security lab
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End-of-Day
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Rhea-AI Summary
Tuya Inc. reports unaudited Q2 2023 financial results. Total revenue down 8.9% YoY to $57.0 million. IoT PaaS revenue down 13.5% YoY to $41.1 million. SaaS and others revenue up 30.2% YoY to $9.4 million. Overall gross margin increased to 46.7%. Operating margin improved to -55.1%. Net margin improved to -41.3%. Net cash generated from operating activities up 1769.1% YoY to $7.5 million. Total cash and cash equivalents of $942.3 million. IoT PaaS customers decreased to 2,300. Premium IoT PaaS customers down to 251. DBNER of IoT PaaS decreased to 58%. Registered IoT developers increased to 846,000.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.3%
Tags
earnings
Rhea-AI Summary
Tuya Smart, a leading IoT PaaS provider, has been named the No. 1 IoT PaaS provider in the world in terms of shipment volume. The company operates under a 'B2B2C' business model and has successfully gone public in New York and Hong Kong. Tuya provides IoT services to 220 countries and regions globally through its partnership with Amazon Web Services. Tuya has made early arrangements in the emerging Home Energy Management System (HEMS) market to achieve sustainable development and seize business opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.61%
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none
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Rhea-AI Summary
Tuya Inc. will report its second quarter 2023 unaudited financial results on August 23, 2023. The company's management will hold a conference call to discuss the financial results. Online registration is required to participate. The replay will be accessible until August 30, 2023. A webcast of the conference call will also be available on the company's investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.61%
Tags
conferences earnings
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Rhea-AI Summary
Tuya Smart receives Non-VID-Scoped PAA certification authorization to improve development experience
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.24%
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none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.25%
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none
Tuya Inc

NYSE:TUYA

TUYA Rankings

TUYA Stock Data

1.07B
171.89M
24.66%
6.86%
0.18%
Software Publishers
Information
Link
China
Hangzhou

About TUYA

tuya smart is a global intelligent platform and the largest voice ai interactive platform in the world, that enables products smarter for consumers, brands, oem manufacturers and retail chains. it provides users with a one-stop ai iot solution that covers hardware access, cloud services and app software development, forming a service closed-loop of ai + manufacturing. up to early november of 2017, tuya smart products have covered 200 countries and regions including china, the united states, europe ,middle east and asean countries, serving over 10,000 clients across the globe and reaching millions of consumers. tuya smart receives daily device requests of over 20 billion times, daily ai interactions over 6 million times and its accumulated data has reached 1pb. headquartered in hangzhou, china