Tuya Smart Hosts First AI+IoT Business Conference for Latin America to Explore Regional Opportunities for Smart Business

BOGOTA,Colombia,April 22,2021 -- Tuya Smart (NYSE: TUYA),a leading global IoT cloud platform,this week concluded its first ever AI+IoT Business Conference focused on Latin America,held fromApril 20 to April 22,2021. Themed "Digital Reinvention · The Path to Smart Business Transformation," thisvirtual conference invitedmore than ten industry veterans fromleading organizations and companies to share insights,success stories and outlooks ofthe IoT industry in Latin America.

Tuya Smart entered the Latin American market three years ago,establishing its regional headquarters in Colombia. Since then,Tuya Smart has helped more than 200 local brands enter the IoT industry and today thousandsofstores offer smart products powered by Tuya for sale. Despite the COVID-19 pandemic,Tuya's IoT business in Latin America has continued to grow significantly due to the company's commitment to digitalization and IoT.

Thought leaders from Amazon,Google,GfK,i2GO,Nexxt Solutions,Polymath Ventures,Tecnolite,Taurus,Tecnoshop and others spoke at the conference,with many suggesting that the Latin American market poses both unique opportunities and challenges for IoT. If the regional challenges are addressed correctly and soon,both business and users will benefit from the fast development of IoT throughout Latin America.

The three-day conference featured an expert views panel event with speakers Jeff Immelt,Chairman of Tuya America (Former Chairman and CEO of GE),Dr. Eva Na,CMO of Tuya Smart,and Alejandro Adamowicz,Technology & Strategic Engagement Director,GSMA Latin America. The speakersshared thought-provoking views about the IoT industry."It's exciting to see that the innovations we continue to make will help enable a future where everything can be interconnected,with positive outcomes even beyond what we know," remarked Dr. Na.

To review this conference,please visit: https://www.tuya.com/events/abc/latam

About Tuya Smart

Tuya Smart (NYSE: TUYA) is a leading global IoT Cloud Platform with a unique,all-in-one offering of cloud + connectivity + app that makes it easy and affordable for brands,retailers,and OEMs to make their products smart. Tuya's platform has smart-enabled more than 252,000 device SKUs in hundreds of categories worldwide,serving over 262,000 developers globally. Tuya is internationally operated with headquarters in the U.S.,Germany,India,Japan,and China.

For more information,please visit Tuya's website,LinkedIn,Facebook,Twitteror YouTube.