Tuya Smart

$TUYA Inc, a global leading cloud platform service provider, today announced its unaudited financial results for the three months ended June 30, 2024. Total revenue of 2Q increased 28.6% YoY to US$73.3 million. Non-GAAP net profit was US$20.8 million, and non-GAAP net margin was 28.4% for 2Q. Net cash generated from operating activities was US$11.8 million in the second quarter of 2024, compared to US$7.5 million in the same period of 2023. Tuya achieved first-ever quarter non-GAAP profit from operations of US$7.4 million in Q2, and declared a special dividend of US$33.0 million. Registered developers were over 1,192,000 as of June 30, 2024, up 20.1% from approximately 993,000 developers as of Dec. 31, 2023. With the effective implementation of the Company’s customer and product strategies, along with the utilization and innovation of emerging technologies like generative AI, the Company is confident in its business prospects. https://lnkd.in/gyBdMFyS $Tuya #SmartTechnology #AI

Thank you, IFA Berlin, for the amazing collaboration! We're thrilled to be part of this incredible journey. 🎉 Our upcoming Tuya Smart Global Developer Summit on September 9th promises to be a treasure trove of insights and innovations! We're excited to showcase a diverse array of exciting content that will revolutionize the smart industry and inspire sustainable living. 🤝 Join us at the Dream Stage, IFA Next (Hub 27), and get ready to be amazed by the power of #AI and its transformative impact on our lives. 👋 We can't wait to meet you all at IFA 2024! It's going to be a fantastic opportunity to network, learn, and explore the latest in smart home technology and sustainable solutions. 🎟️ Secure your tickets now and be a part of this remarkable event. Sign up link: https://bit.ly/3Z1tano #IFA2024 #IFABerlin #IFA100 #SmartSolutions #Sustainability #AI

🔍 Ready to elevate your AI game? 💪 Join us at the 2024 Tuya Developer Summit Europe for a groundbreaking keynote by Dr. Ronald Wulff Head of Germany Specialist Solution Architects at Amazon Web Services (AWS). 💡Dr. Wulff will share insights on "Harnessing AI at Scale: AWS's Approach to Intelligent Solutions," revealing how AWS is transforming businesses through scalable AI solutions. 📅 Save the date: September 9, 2-3 PM during @IFA Berlin. Sign up now: https://lnkd.in/gRETpxnF $TUYA #Tuya #TuyaDeveloperSummitEurope #AI #AWS #SmartSolutions #IFA2024

We are excited to invite you to Tuya Connect at IFA Berlin! This exclusive, invite-only event is the perfect opportunity to explore Tuya's latest smart solutions, connect with our team, and network with like-minded partners. Tuya Connect will feature brief introductions from Tuya, keynote presentations from innovative solution providers, and a networking session with food and drinks. You’ll also have the opportunity to join a guided tour of our booth, where product experts will showcase Tuya’s newest and most innovative solutions. Don't miss the opportunity to gain insight into Tuya’s business and explore how companies are leveraging the Tuya platform to deliver energy-focused solutions that benefit the world. Secure your invitation now! https://lnkd.in/geiqkXTR 📅 Date: September 6 🕒 Time: 15:00-18:00 📍 Location: Tuya Booth, Hall 1.2 - 118, IFA Berlin $TUYA #Tuya #IFA2024 #smart #solution

We're thrilled to announce that Tuya has been selected for Gartner's "Hype Cycle for Smart City and Sustainability in China, 2024" report for the third consecutive year. This recognition underscores our unwavering dedication to innovation and revolutionizing urban landscapes with our cutting-edge smart solutions. Discover more about our accomplishments in the article below: https://lnkd.in/gYQn4srq Access the Gartner report here: https://lnkd.in/g4NFRV7w $TUYA #Tuya #SmartCity #Sustainability #Gartner #SmartSolutions

🚀 Join us at the 2024 Tuya Developer Summit Europe to redefine smart living! 📅 Mark your calendars for September 9, 2-3 PM during the IFA Berlin. Alex Yi Yang, Co-Founder & COO of Tuya, will deliver a keynote on how Tuya is leveraging AI to revolutionize the smart home ecosystem, enabling developers and brands to create solutions that go beyond expectations. 💡 Be inspired by how AI is seamlessly integrating into our daily lives, enhancing efficiency, connectivity, and intuition. Sign up now to stay ahead of the curve. https://lnkd.in/gRETpxnF $TUYA #Tuya #TuyaDeveloperSummitEurope #AI #SmartSolution #SmartLiving #IFA2024

🚀 Get ready to ignite your imagination and reshape the future of smart living. 🎤Join us as Tina Yu, the visionary General Manager of Eurasia at Tuya Smart, kicks off the highly anticipated 2024 Tuya Developer Summit Europe with her opening remarks. 🌱Under the theme "Smart by Nature: Exploring the Synergy of AI and Sustainability," we’ll explore the powerful blend of cutting-edge AI technologies and environmental sustainability—a game-changer for the industry. 🔥Mark your calendars for September 9, 2024, from 2-3 PM, during the IFA Berlin, and meet our distinguished speakers from leading market players. Sign up now: https://lnkd.in/gRETpxnF ✨Stay tuned for more updates! $TUYA #Tuya #TuyaDeveloperSummit #Europe #IFA2024 #SmartByNature #Sustainability #AI

As IFA Berlin celebrates its centenary milestone, we are thrilled to announce that Tuya will be presenting in Berlin again this year! Discover our cutting-edge AI product solutions that drive sustainable innovations. From Sept 6-10, witness the future of tech and sustainability unfold at IFA Berlin.   Industry visionaries will gather and share insights on driving towards a greener future together. Be inspired by how AI is unlocking new horizons in energy conservation at our Tuya Connect event on Sept 6 at our booth. Plus, don't miss the debut of Tuya Global Developer Summit in Europe on Sept 9 at Dream Stage!   Sign up now: https://lnkd.in/geiqkXTR Learn more: https://lnkd.in/gbPfs5Az   $TUYA #Tuya #IFA2024 #IFABerlin #IFA100 #Sustainability #AI #SmartSolutions #Developers

Tuya's commercial lighting solutions, in partnership with Firefly Projects B.V., have redefined smart illumination globally! From software to hardware, we have collaborated to create multi-dimensional success stories across various scenes. Discover our inspiring journey and learn how we've harnessed the power of smart technology to bring smart lighting to users in countless applications. https://lnkd.in/guyp3qFs #SmartCommercialLighting #SmartTechnology #SmartSolutions

In collaboration with Amazon Web Services (AWS) IoT, Tuya’s leadership team met with Yasser A., Vice President & Head of AWS IOT, on Aug 1st, marking another year of brainstorming and progress. The partnership between Tuya and AWS has been strong from day one, building deep and long-term relationship!