Capuski
Internet and communication stocks have been on a free fall over the past year with most trading as a bloc in both the US and China. Zoom Video Communications lost 72%, Chinese online entertainment group, Bilibili Inc. (BILI
Tuya: Yet To Break-Even One Year After IPO Listing
Summary
- Tuya's dual listing in the NYSE and Hong Kong may mean possible delisting in the US.
- Tuya’s total revenue in Q2 2022 declined 26.1% (YoY) to hit $62.5 million with its PaaS business suffering the highest shock at -38%.
- Tuya is Amazon Alexa's solution provider partner and it hopes to take part in the smart speaker market.
I have more than five years experience in the financial industry. I focus mostly in the commodities, foreign exchange and cryptocurrencies. I also write on general issues like equity research, economics and geopolitics.Fellow contributor Crispus Nyaga is my colleague.
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