Recent Updates — TUYA

Tuya Inc. reported unaudited financial results for the second quarter ended June 30, 2026, showing total revenue of US$92.9 million, a 16.0% year-over-year increase driven by Platform-as-a-service (PaaS) revenue growth of 16.9% to US$67.9 million. Net profit rose 48.0% to US$18.6 million, with operating margin expanding significantly to 10.0%. The company holds approximately US$976.1 million in cash and investments as of June 30, 2026. Tuya Inc. operates as a global AI cloud platform service provider enabling smart device development.