Tuya Announces Anchor Investment by 65 Equity Partners
Tuya Inc. American Depositary Shares, each representing one Class A Ordinary Share (TUYA)
Company Research
Source: PR Newswire
SANTA CLARA, Calif. , Nov. 18, 2024 /PRNewswire/ -- Tuya Inc. ("Tuya") (NYSE: TUYA; HKEX: 2391), a global leading cloud platform service provider, today announced that a definitive agreement has been entered into in respect of a strategic investment by 65 Equity Partners through its purchase of an approximate 13% of Tuya's total issued shares from New Enterprise Associates ("NEA").65 Equity Partners is an independently managed wholly-owned investment platform of Temasek dedicated to supporting founders in their growth journey. The firm focuses on investing in family-owned and entrepreneur-led businesses in Southeast Asia, Europe and the United States across the technology, business services, consumer, industrials and healthcare sectors.Tan Chong Lee, CEO of 65 Equity Partners said: "This investment via the Anchor Fund aligns strategically with our mandate of supporting high quality businesses seeking a listing on the SGX. We are pleased to support Tuya in its next phase of growth." Ka
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TUYA
Earnings
- 11/18/24 - Beat
TUYA
Sec Filings
- 12/19/24 - Form 6-K
- 12/4/24 - Form SC
- 11/18/24 - Form 6-K
- TUYA's page on the SEC website