- Tuya's annual retention rate of premium customers remained higher than 99%, while the annual retention rate of its Top 100 IoT PaaS brand customers reached 99% as well.
- Facing a huge pressure of cost, Tuya achieved a total revenue reached USD 302.1 million, up 67.9% year over year.
- Three undeniable core competencies in the sector may help the company control its cost growth, including ecology, Matter-supporting and relations with operators.
- Based on the statistics, we found that Tuya's undervalued compared with its peers.
For further details see:
Tuya's Dilemma And Breakthrough: 2021 Annual Report Analysis