Tuya (TUYA) has released an update.
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Tuya Inc., a global cloud platform leader, has announced a strategic investment from 65 Equity Partners, acquiring a 13% stake from New Enterprise Associates. This move supports Tuya’s international expansion, particularly in the fast-growing Asia-Pacific region, and aligns with potential future listings on the Singapore Exchange. The investment highlights confidence in Tuya’s growth potential and its innovative smart solutions ecosystem.
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