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Tuya Smart Partners with Chery to Pioneer "Car-Home Connectivity" Ecosystem

1. Tuya partners with Chery to develop smart cockpit technology. 2. The collaboration enhances integration of automotive and home ecosystems.

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Why Bullish?

The partnership with a Fortune Global 500 company like Chery signals strong business validation and potential revenue growth for Tuya, similar to previous tech collaborations that boosted stocks.

How important is it?

This strategic partnership could significantly impact Tuya's market reach and operational synergy, making it crucial for investors to monitor as it unfolds.

Why Long Term?

The impact of integrating automotive and smart home technology may enhance Tuya's market position over time, akin to long-term partnerships in tech sectors driving sustained performance.

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NEW YORK , Feb. 5, 2025 /PRNewswire/ -- Tuya Smart (NYSE: TUYA, HKEX: 2391), a global cloud platform service provider, has announced a partnership with Chery, a Fortune Global 500 automaker, during Chery's second Ecosystem Partner Conference of Ruixiang Life (Ruixiang Life is an ecosystem brand under Chery). The collaboration aims to create a smart cockpit, accelerate the integration of automotive and home ecosystems, and offer consumers unparalleled convenience and comfort in both travel and living spaces.

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