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Stock impact report

Tuya Smart Announces Partnership with MLG to Accelerate Smart City Development in the UAE

Tuya Inc. American Depositary Shares, each representing one Class A Ordinary Share (TUYA) 
Company Research Source: PR Newswire
NEW YORK, Nov. 11, 2024 /PRNewswire/ -- Tuya Smart (NYSE: TUYA, HKEX: 2391), a global cloud platform service provider, has announced a partnership with Multi Level Group (MLG), a leading smart city integrator in the Middle East, during GITEX 2024. This collaboration will accelerate the development of hardware intelligence and draw a new blueprint for smart cities in the Middle East.MLG is a leading fintech and digital transformation solutions provider in the Middle East and North Africa region. The company offers a variety of innovative services, including digital transformation, software development, systems and process automation, hardware design, and in-house production. Additionally, MLG provides self-service platforms, banking and financial solutions, and comprehensive one-stop solutions to fully support the customized needs of its clients.Through this partnership, Tuya will leverage its cloud developer platform to help MLG develop diverse smart hardware capabilities, including r Show less Read more
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