Tuya (TUYA) Stock News

Tuya Inc. (NYSE: TUYA; HKEX: 2391), a global cloud platform service provider, held its Annual General Meeting on June 19, 2025, at 2:00 p.m. Hong Kong time in Hangzhou, China. The company announced that shareholders approved all proposed resolutions that were outlined in the notice of Annual General Meeting dated May 16, 2025. The meeting was a standard corporate governance procedure with no specific details provided about the nature of the approved resolutions.

Tuya Smart (NYSE: TUYA, HKEX: 2391), a leading global AI cloud platform service provider, has been recognized in the prestigious "2025 Forbes China AI Tech Enterprises Top 50" list. Notably, Tuya is the only AI cloud platform included in this year's ranking, highlighting its technological capabilities and contributions to AI accessibility and commercialization.

The selection process involved evaluation by global and domestic AI experts based on criteria including technological innovation, market performance, and industry impact. The recognition consists of one primary list and four subcategories, focusing on identifying China's most influential AI sector players.

Eva Na, Tuya's VP of Marketing and CMO, emphasized the company's commitment to AI innovation and ecosystem development, stating they will continue working with global partners to reduce AI adoption barriers and deliver value-driven smart products.

Tuya Inc. (NYSE: TUYA) reported strong Q1 2025 financial results with total revenue reaching US$74.7 million, up 21.1% year-over-year. The company achieved significant growth across all segments: IoT PaaS revenue increased 17.9% to US$53.7 million, SaaS revenue grew 15.5% to US$10.0 million, and Smart solution revenue rose 47.1% to US$11.0 million. Notably, Tuya achieved a net profit of US$11.0 million, compared to a loss of US$3.5 million in Q1 2024, with record-high net margin of 14.8%. The company maintained strong financial position with US$1,023.7 million in cash and equivalents. Operating metrics showed stability with approximately 2,000 IoT PaaS customers and improved dollar-based net expansion rate of 118%.

Tuya Inc. (NYSE: TUYA; HKEX: 2391), a global AI cloud platform service provider, has announced its upcoming Annual General Meeting (AGM) scheduled for June 19, 2025, at 2:00 p.m. (Hong Kong time) in Hangzhou, China. Shareholders of record as of May 20, 2025 are eligible to attend and vote. The board fully supports the Proposed Resolutions and recommends shareholders vote in favor. ADS holders must provide voting instructions to The Bank of New York Mellon. The company has also filed its annual report on Form 20-F for FY2024 with the SEC, which is accessible on both Tuya's investor relations website and the SEC website.

Tuya Inc. (NYSE: TUYA; HKEX: 2391), a global AI cloud platform service provider, has received an upgrade in its ESG rating from MSCI, moving from 'A' to 'AA'. The improved rating reflects Tuya's strong performance in data privacy and security, governance enhancements, and contributions to energy efficiency through smart technology solutions.

MSCI's ESG Ratings evaluate companies' management of long-term ESG risks and opportunities compared to industry peers, with ratings ranging from AAA (highest) to CCC (lowest). The upgrade positions Tuya among the ESG leaders in the Software & Services industry, highlighting the company's commitment to sustainable and responsible business practices.

Tuya (NYSE: TUYA; HKEX: 2391), a global AI cloud platform service provider, has scheduled its first quarter 2025 earnings release for May 20, 2025, after market close. The company will host a conference call at 8:30 PM Eastern Time on May 20, 2025 (8:30 AM Hong Kong Time on May 21, 2025) to discuss the financial results.

Participants can join through an online webcast or conference call, with registration required for both options. A webcast replay will be available on Tuya's investor relations website.

Tuya (NYSE: TUYA; HKEX: 2391), a global AI cloud platform service provider, has announced the filing of its 2024 annual report on Form 20-F with the SEC on April 24, 2025. The report covers the fiscal year ended December 31, 2024, and is accessible through the company's investor relations website and the SEC's website.

Additionally, the company has released its Environmental, Social and Governance (ESG) Report, detailing its sustainability strategies and achievements. Shareholders and ADS holders can request free hard copies of the annual report, including complete audited financial statements.

Tuya Smart (NYSE: TUYA, HKEX: 2391) unveiled four core AIoT technology engines at its 2025 Global Developer Summit in Shenzhen. The company introduced the AI Agent Development Platform, which integrates major language models like DeepSeek, OpenAI, and Gemini, enabling single-line code integration for various AI functions.

Three additional engines were announced: Tuya.AI, offering end-to-end AI hardware development solutions that can integrate AI capabilities into smart devices in 10 minutes; TuyaOpen, an open-source development framework for AIoT industry featuring cross-platform compatibility and cloud-edge integration; and HEDV, an edge computing platform providing enhanced data security and customized development capabilities for enterprise scenarios.

The company also announced free access to Tuya AI Tokens for developers using Tuya solutions, aiming to accelerate global AI commercialization.

Tuya Smart (NYSE: TUYA, HKEX: 2391) has announced a strategic collaboration with DeepSeek to revolutionize smart home technology through emotionally intelligent AI companions. The partnership integrates DeepSeek's advanced AI model into Tuya's AIoT platform, enabling smart devices to provide emotional support and companionship.

The initiative transforms everyday devices like cleaning robots and smart photo frames into intuitive companions that can recognize and respond to users' emotional states. Key features include natural language processing, context modeling, and sentiment analysis capabilities that allow devices to engage in meaningful interactions.

The companies are exploring innovative product concepts including:

• Holographic Projection Companions for immersive interactions
• Pet Robots that simulate authentic pet experiences
• Soul Resonance Crystal Jewelry for emotional connection
• AI Magic Mirrors offering personalized lifestyle assistance