Seti I

Tuya Reports First Quarter 2021 Unaudited Financial Results

Retrieved on: 
Thursday, May 13, 2021
Articles, Technology, Science and technology, Seti I, Ambient intelligence, Digital technology, Internet of things, Technology assessment, Tuya, Electronic Arts

Total customers for the quarter were approximately 3,000.\nPremium IoT PaaS customers[3]for the trailing 12 months ended March 31, 2021 were 216.

Key Points: 
  • Total customers for the quarter were approximately 3,000.\nPremium IoT PaaS customers[3]for the trailing 12 months ended March 31, 2021 were 216.
  • Xueji (Jerry) Wang, Founder and Chief Executive Officer of Tuya, commented, "Our first quarter results were distinguished by strong revenue growth as we leveraged our leading technology and brand reputation to capitalize on growing market demand.
  • Yao (Jessie) Liu, Senior Vice President and Chief Financial Officer of Tuya, added, "We achieved robust growth in the first quarter by delivering total revenues of $56.9 million and beating street consensus estimates.
  • As of March 31, 2021, the Company had about 2,080 research and development employees, up approximately 93% year over year.

TUYA Technologies Disrupts Stagnant B2B, Same-day Delivery Industry

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Monday, March 9, 2020
Seti I, Pharaoh's daughter, Tuya, 2nd millennium BC

HOUSTON, March 9, 2020 /PRNewswire/ --TUYA Technologies (TUYA), the Houston-based tech company that is transforming the outdated B2B, same-day delivery industry, announces its launch in Texas' major markets Houston, San Antonio, and Dallas.

Key Points: 
  • HOUSTON, March 9, 2020 /PRNewswire/ --TUYA Technologies (TUYA), the Houston-based tech company that is transforming the outdated B2B, same-day delivery industry, announces its launch in Texas' major markets Houston, San Antonio, and Dallas.
  • TUYA has partnered with businesses across various industries to provide same-day delivery services for them and their customers through the TUYA platform.
  • "The B2B, same-day delivery industry has seen little change since I started my own delivery business in 1977, but now, TUYA is revolutionizing this forgotten ecosystem," said Oren.
  • TUYA Technologies (TUYA) is a Houston-based company dedicated to reinventing the B2B, same-day delivery industry.

Amazon and Tuya Announce Further Integration with Alexa

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Wednesday, August 28, 2019
Technology, Seti I, Publishing, Tuya, Amazon Alexa, Internet of things, Articles, Amazon

This integration allows users of the Tuya app to seamlessly link any products powered by Tuya to Alexa, without leaving the Tuya app.

Key Points: 
  • This integration allows users of the Tuya app to seamlessly link any products powered by Tuya to Alexa, without leaving the Tuya app.
  • This announcement builds on Tuya's partnership with Amazon, as integration with the Alexa digital assistant has been a part of Tuya's global leading AI+IoT platform for smart home devices since its launch to allow for voice control of devices powered by Tuya.
  • "Based on the capabilities achieved by natively supporting Amazon Alexa, this has always been one of our key priorities in our AI+IoT platform," explains Alex Yang, Tuya COO and co-founder.
  • Headquartered in San Jose, California, Tuya now has offices in Silicon Valley and Pasadena, California; Hangzhou and Shenzhen, China.