Welcome to our dedicated page for Tuya news (Ticker: TUYA), a resource for investors and traders seeking the latest updates and insights on Tuya stock.
Tuya Inc. reports developments for an AI cloud platform service provider whose offerings include PaaS, SaaS and smart solutions for developers of smart devices, commercial applications and industry use cases. Company updates commonly cover financial results, cash dividends, annual report and ESG releases, and conference-call scheduling for its NYSE American depositary shares and HKEX listing.
Tuya news also follows product and platform activity across its AI developer ecosystem, including Hey Tuya, TuyaClaw, TuyaOpen, AI agent tools, Physical AI technologies, and AI Home, AI Robot and AI Energy application areas. Announcements describe cloud and generative AI capabilities, hardware-deployment tools, and ecosystem relationships involving brands, OEMs, system integrators and software developers.
Tuya Smart (NYSE: TUYA, HKEX: 2391) is revolutionizing smart energy management through advanced AI integration. The company has developed a Home Energy Management System (HEMS) that combines power generation, storage, charging, and usage capabilities.
Tuya is integrating global AI models including ChatGPT, Tongyi Qianwen, DeepSeek, Gemini, and Amazon Nova to enhance smart device development. The company's AI-powered solutions include smart air conditioning systems that adapt to user behavior, intelligent lighting systems that optimize energy usage, and EV charging optimization.
The system extends to cloud-based energy management for commercial buildings and industrial parks, offering real-time energy consumption mapping and optimization. Notable features include leak detection in underground pipelines saving up to 1,500 tons of water annually, and rapid energy allocation during power disruptions within 0.5 seconds.
Tuya Smart (NYSE: TUYA, HKEX: 2391) has announced integration of the DeepSeek large language model into its AIoT platform to help developers create advanced home management robots. The global home service robot market, valued at USD 10.7 billion in 2023, is projected to reach USD 14.24 billion by 2030, growing at a 4.4% CAGR from 2024-2030.
The integration aims to address current market challenges including high technical costs and operational mismatches. The enhanced robots will feature bio-level interaction and cognitive enhancement capabilities, functioning as personal butlers. Key functionalities include:
- Daily life management with full-domain reasoning technology
- Emotional cognition and personalized interactions
- 24/7 family safety monitoring and emergency response
Tuya Inc (NYSE: TUYA; HKEX: 2391) reported strong Q4 2024 financial results with total revenue reaching US$82.1 million, up 27.4% year-over-year. The company achieved significant milestones including first-time profitability with Q4 net profits of US$9.8 million.
Key Q4 metrics show IoT PaaS revenue increased 25.7% to US$59.3 million, SaaS revenue grew 21.1% to US$11.5 million, and Smart solution revenue rose 45.5% to US$11.3 million. Overall gross margin improved to 47.8%, while non-GAAP operating margin reached 10.3%.
For full-year 2024, total revenue grew 29.8% to US$298.6 million, marking the company's first fiscal year of both operating profitability on a non-GAAP basis and net profitability on a GAAP basis. The company maintains a strong cash position of US$1.017 billion as of December 31, 2024.
Tuya Inc. (NYSE: TUYA) reported strong Q4 and fiscal 2024 financial results. Q4 total revenue increased 27.4% YoY to US$82.1 million, with IoT PaaS revenue up 25.7% to US$59.3 million. The company achieved Q4 net profits of US$9.8 million, compared to a loss of US$10.8 million in Q4 2023.
For full-year 2024, total revenue grew 29.8% to US$298.6 million. The company reached three key milestones: quarterly non-GAAP operating profitability, full-year non-GAAP operating profitability, and full-year GAAP profitability. Net profits were US$5.0 million, marking the first fiscal year of net profitability. Cash position remained strong at US$1.017 billion with seven consecutive quarters of positive operating cash flow.
Tuya Inc. released its Q4 and fiscal year 2024 unaudited financial results on February 26, 2025, from Santa Clara, California. No specific financial details were provided in the press release excerpt.
Tuya Smart (NYSE: TUYA, HKEX: 2391) has announced integration of its AIoT platform with DeepSeek's AI models to transform smart pet care devices. The partnership aims to address challenges in AI commercialization, where Gartner reports over 80% of AI projects fail beyond lab stage.
The collaboration comes amid projected pet industry growth of 45% in the next six years, with global revenues expected to exceed $500 billion by 2030. The integration will enable advanced features like real-time health monitoring, emotional analysis, and proactive care solutions.
The partnership showcases innovative concepts including brainwave translation collars, dream projectors, AI gene feeders, and odor socializers. These technologies aim to transform traditional pet monitoring into intelligent, proactive care systems capable of understanding pet emotions, health conditions, and social needs.
Tuya (NYSE: TUYA; HKEX: 2391), a global cloud platform service provider, has scheduled its fourth quarter 2024 unaudited financial results announcement for February 26, 2025, before market opens. The management will host a conference call at 8:00 AM Eastern Time (9:00 PM Hong Kong Time) on the same day to discuss the results.
The company has provided online registration links for both webcast and call participants. A live and archived webcast will be available on Tuya's investor relations website.
Tuya Smart (NYSE: TUYA, HKEX: 2391) has announced complete integration with Google Home APIs, marking a significant advancement in their partnership. The integration, revealed at Google I/O 2024, enables seamless connectivity between Tuya-enabled devices and the Google Home ecosystem.
As an early access partner, Tuya collaborated with Google during pre-launch testing, ensuring full compatibility with all Tuya-enabled hardware. The cloud-to-cloud integration allows users to share multiple devices without additional network configurations, managing smart devices through both Tuya-enabled and Google Home apps.
This partnership strengthens Tuya's open and neutral ecosystem strategy, creating new opportunities for manufacturers and enhancing user experience in the smart home sector.
Tuya Smart (NYSE: TUYA, HKEX: 2391) has announced a strategic partnership with Chery, a Fortune Global 500 automaker, to develop a smart car-home connectivity ecosystem. The collaboration aims to create an integrated system enabling seamless communication between vehicles and smart home devices.
Chery, which achieved over RMB 480 billion in revenue in 2024 (50% YoY growth) and sold more than 2.6 million vehicles, will leverage Tuya's cloud platform services to establish an interoperable smart home system across brands, ecosystems, and devices. The partnership will allow drivers to control home devices through their car's infotainment system and create automated scenes for lighting, air conditioning, and curtains.
The collaboration extends beyond car-home connectivity to include smart living scenarios in real estate, communities, and hospitality, positioning both companies to lead the evolution of smart living ecosystems.
Tuya Smart (NYSE: TUYA, HKEX: 2391) has unveiled a new smart door lock solution that integrates both Matter protocol and home key support for Apple Wallet. The solution enables users to unlock their doors using iPhone or Apple Watch with a simple tap. The setup process involves installing the lock, pairing it through the Home app by scanning a Matter QR code, and adding a virtual home key to Apple Wallet.
The solution features Express Mode functionality, eliminating the need to wake devices for access. Security measures include data encryption and protection against tampering. The smart lock offers multiple access methods including palm vein recognition, password entry, and app-based unlocking. Showcased at CES 2025, the product garnered significant attention.
Tuya has secured over 200 Matter certifications across five categories: electrical devices, lighting, gateways, sensors, and home appliances, demonstrating its commitment to advancing Matter-enabled smart devices globally.