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Tuya Inc. is a leading provider of Internet of Things (IoT) platform as a service (PaaS) with a strong market share and a record high gross margin. Despite a recent dip in stock prices, the company reported strong financial results for the fourth quarter of 2020 and is well-positioned in the fast-growing IoT market. Founded by a veteran of Alibaba, Tuya has the potential for continued success in the future.
