BRIEF: Sunmi Technology shares leap in Hong Kong trading debut
Shares of business IoT solutions provider Shanghai Sunmi Technology Co. Ltd. (6810.HK) more than tripled in their Hong Kong trading debut on Wednesday, following an even stronger debut for another…
SPONSORED: IoT Platforms Offer Greener Future for Industrial and Commercial Scenarios
IoT products and services can help industrial and commercial users better manage energy consumption and meet ESG goals The following article has been written with material supplied by Tuya The…
Wuxin Tech Hopes IoT Focus Will Divert Attention from Chinese Roots in U.S. IPO Bid
The maker of chips used in internet-of-things devices is seeking a U.S. listing just as Chinese state-owned giants are pulling from the market amid China-U.S. tensions Key Takeaways: Wuxin Technology…
Tuya Seeks Hong Kong IPO to Hedge U.S. Delisting Risk, But Investors Are Wary
With the possibility of being forced to delist from the U.S. market by the SEC, Tuya is primarily seeking a safe harbor and only aims to raise a conservative HK$140…
FAST NEWS: IoT Logistics Startup G7 Reaches $2.2 Billion Valuation in New Funding
The latest: G7, a Beijing-based Internet of Things (IoT) logistics startup, said it raised $200 million in a new funding round led by Trustbridge Partners, raising its valuation to $2.2…
Tuya Focuses on Staying the Course in the Face of Global Turbulence
IoT platform as a service (PaaS) company blames inflation, chip shortage on bumpy demand from its core IoT device customers Key Takeaways: Tuya reports its revenue grew 44.9% in the…
Tuya’s Stock Gets Lift From Share Buyback, FTSE Inclusion
Company’s shares surge 25% in the two weeks since announcing a buyback, halting an unexplained selloff Key points: Tuya’s shares have rallied 25% in the nine trading days since it…
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