BRIEF: Tuya revenue rises 33.6%, brings in new strategic investor
IoT cloud-based platform Tuya Inc. (TUYA.US; 2391.HK) said on Monday its revenue rose 33.6% year-over-year in the third quarter to $81.6 million, crediting growth in its IoT PaaS and smart…
Tuya’s losses narrow, but stock still looks pricey
The internet of things services provider’s gross margin hit a record high last quarter and its loss narrowed on strong performance for its platform as a service business Key Takeaways:…
IoT Veteran DCS Eyes Big Leagues With New York Listing
The company, which started as a hardware seller and gradually moved into the internet of things, aims to raise $13 million in its New York listing, quadrupling its cash Key…
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…
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’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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