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An update from Tuya, Inc. Class A ( (HK:2391) ) is now available.
Tuya Inc. reported a significant increase in its financial performance for the first half of 2025, with total revenue rising by 14.7% compared to the same period in 2024. The company’s PaaS and SaaS segments saw notable growth, contributing to an improved gross margin and a positive net margin. Despite a slight decrease in the dollar-based net expansion rate, the number of registered AI developers increased by 15%, indicating a strong market presence and potential for future growth.
More about Tuya, Inc. Class A
Tuya Inc. is a global leading cloud platform service provider, focusing on Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS) solutions. The company is incorporated in the Cayman Islands and is listed on both the Hong Kong Stock Exchange and the New York Stock Exchange.
Average Trading Volume: 86,678
Technical Sentiment Signal: Buy
Current Market Cap: HK$12.33B
See more data about 2391 stock on TipRanks’ Stock Analysis page.