Corporate Overview

Tuya Inc. (NYSE: TUYA and HKEX: 2391) is the world’s first IoT cloud development platform, according to CIC, with substantial first-mover advantages in the global IoT PaaS space. Through our IoT cloud development platform, we deliver a variety of offerings. Our IoT PaaS enables brands, OEMs, and developers to develop, launch, manage and monetize smart devices and services. Our Industry SaaS offering enables businesses to deploy, connect, and manage large numbers and different types of smart devices. We offer businesses, developers and end users a diverse range of cloud-based value-added services to improve their ability to develop and manage IoT experiences. We have also enabled developers to activate an IoT ecosystem of brands, OEMs, partners and end users to engage and communicate through a broad range of smart devices.

Company Highlights

8,400+

Customers

* For the year ended December 31, 2021.

311

$100K+ Customers

* IoT PaaS customers with greater than $100K in trailing 12-month revenue contribution as of December 31, 2021.

77%

Core business YoY Revenue Growth

* Core business: IoT PaaS and SaaS and others

* For the year ended December 31, 2021.

153%

Dollar-based Net Expansion Rate

* Dollar-based net expansion rate of IoT PaaS for the trailing 12-month period ended December 31, 2021.

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