(March 29) Tuya fell nearly 12%.
Tuya pricedits 43.59M ADSs IPO at $21/ADS for total offering size of $915.4M; each ADS represents one Class A ordinaryshare.
Currentoly, Tuya's IoT PaaS enables businesses and developers to develop smart devices in 1,100+ categories sold across 220+ countries and regions globally.
In 2020, Tuya powered 116.5M+ smart devices; as of Dec. 31, 2020, there were ~204.3M smart devices powered by Tuya.
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