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China-based Tuya, which helps deploy and manage IoT devices, raises $915M in its US IPO and closes its first day of trading up 19% for a market value of $14B (Bloomberg)


Bloomberg:

China-based Tuya, which helps deploy and manage IoT devices, raises $915M in its US IPO and closes its first day of trading up 19% for a market value of $14B  —  – Tencent-backed software company raised $915 million in listing  — Tuya shares priced above target, then rose 19% in debut


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