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Sendbird Sets a New Standard for Voice AI Agent and Omnipresent Orchestration

Seamless voice automation with unmatched speed, accuracy, and omnichannel integration

SEOUL, South Korea, Aug. 27, 2025 /PRNewswire/ — Sendbird Inc., the AI communications platform trusted by the world’s largest brands, today announced the availability of Sendbird Voice AI, a next-generation voice automation solution designed to handle the messiness of real conversations with speed and accuracy.

Sendbird Voice AI in action with dashboard menu view
Sendbird Voice AI in action with dashboard menu view

In customer service, tone and response time within the first second can define the entire interaction. Yet, according to Forrester’s The State of AI Agents, 2024 report, most conversational AI solutions still struggle to deliver fast, natural, and consistent support—especially when orchestrating across multiple channels. Sendbird Voice AI is engineered to address these challenges, enabling brands to deliver unified, human-like experiences across voice, SMS, email, web, and in-app chat.

“Voice remains the most intuitive and accessible channel, particularly for customers less comfortable with digital tools,” said John S. Kim, CEO of Sendbird. “With Voice AI, we are redefining customer experience through speed, accuracy, and omnichannel integration into one powerful solution.”

Sendbird Voice AI offers real-time analytics and transcripts for inbound calls, supports text-to-speech and recognition in 29 languages, and enables brands to customize accents, tones, and language to reflect the needs of their customer base. The solution also undergoes rigorous testing in developer environments and ensures transparency in AI decision-making, fostering trust and accountability in deployment. Importantly, it ensures seamless handoffs to live agents whenever human support is required, maintaining continuity and reliability in customer interactions.

Unlike traditional speech recognition tools, Sendbird Voice AI captures user intent and emotional nuance, enabling contextual and empathetic responses. Every deployment is validated against real-world scenarios with Sendbird Trust OS, ensuring enterprise-grade reliability, adaptability, and consistent resolution in live environments.

About Sendbird

Sendbird is the leading omnichannel AI agent platform used by global enterprises to elevate customer experience by initiating autonomous support & sales conversations, keeping humans in the loop for complex inquiries, and re-engaging customers with proactive business messages.

By combining omnichannel AI with proven, award-winning communication APIs, Sendbird enables businesses to build AI agents and foster meaningful customer connections at scale. Trusted by 4,000+ global brands—including Rakuten, DoorDash, Match Group, Noom, and Yahoo Sports—Sendbird powers over 7 billion conversations every month, offering exceptional reliability, security, and compliance that meet enterprise-level demands.

Headquartered in California, Sendbird is backed by ICONIQ, SoftBank, Tiger Global, Y Combinator, and other leading investors.

Aiper unveils the Scuba X Series and IrriSense Smart Irrigation System, ushering in a new era of smart outdoor care

SYDNEY, Aug. 27, 2025 /PRNewswire/ — The visionary team at Aiper has announced the latest additions to its next-generation Scuba X Series alongside the debut of the all-new IrriSense Smart Irrigation System, both unveiled to the Australian market at The Aiper Oasis launch event at The Calyx, Royal Botanic Garden Sydney, during an exclusive preview of the future of smart outdoor living.

The event also celebrated Aiper’s partnership renewal for the new WBBL 11/BBL 15 season with the Sydney Sixers—a collaboration rooted in shared values of innovation, precision, and delivering standout performance. Together, the partnership underscores a mutual commitment to excellence and to helping Australians reclaim their time, their energy, and ultimately, their summer.

Building on the success of the Scuba Series, Aiper proudly introduces the Scuba X Series, representing the most advanced intelligent pool cleaning technology to date. The series includes three models: Scuba X1, X1 Pro, and X1 Pro Max.

The Scuba X1 Pro Max (RRP $3,499.99) offers all-in-one cleaning capabilities, covering surface skimming, waterline, walls, platforms, and floors, with industry-leading suction power of 32,000 LPH and advanced pool scanning and mapping for a pristine clean. It tackles pools up to 300 sqm with professional-grade precision. Featuring 40 sensors, OmniSense+™ 2.0, and FlexiPath™ 2.0 adaptive path technology, it scans and maps complex pool layouts and selects optimal cleaning routes. With eight cleaning modes, the X1 Pro Max ensures no debris is left behind.

The Scuba X1 Pro (RRP $2,499.99) features an auto mode that detects debris levels for adaptive cleaning, delivering up to 180 minutes of runtime with suction power of 25,200 LPH. Adapting in real time to pool conditions using OmniSense+™ adaptive path planning technology, it also incorporates advanced WaveLine™ 2.0 continuous waterline cleaning, a quad-roller brush system, and powerful suction. With multiple cleaning modes, the X1 Pro ensures comprehensive cleaning of walls, floors, and waterlines.

The Scuba X1 (RRP $1,999.99) is equipped with ultra-fine filtration for thorough cleaning. It features 4+1 cleaning modes for floors, walls, and waterlines, providing a reliable solution for pools up to 200 sqm. Equipped with advanced sensors and WavePath™ 3.0, it detects and avoids obstacles, providing precise path planning and enhanced coverage, while upgraded WaveLine™ 2.0 technology ensures a continuous, 60 second thorough waterline clean.

The Scuba X Series is available through the Aiper online store, Amazon, Clark Rubber, and Pool & Spa Warehouse. For more information and to sign up for exclusive launch offers, visit https://aiper.com/au/au-launch-2025

Also making waves is Aiper’s second-generation cordless robotic pool skimmer, the Surfer S2 (RRP $749.99). It features DebrisGuard™ with a leak-proof baffle and a 150 μm filter for fine particles, ensuring a spotless pool surface. Dual depth-detecting sensors enable precise navigation around obstacles. It is solar-powered and offers a 35-hour battery life, while also including a chlorine dispenser for water sterilisation and app connectivity for real-time updates and targeted cleaning. The Surfer S2 is available at the Aiper online store, Amazon, Clark Rubber, Pool & Spa Warehouse, and Swimart.

Expanding beyond pool cleaning, Aiper also unveiled its category-first IrriSense Smart Irrigation System (RRP $999.99), the winner of the CES 2025 Innovation Award. The IrriSense simulates natural rainfall for superior lawn care. Covering up to 445 sqm, it reduces water usage through customizable mapping and automatic scheduling based on real-time weather data. With a quick 15-minute installation and full app control, IrriSense offers homeowners an efficient and smart above-ground watering solution. IrriSense will be available at the Aiper online store and on Amazon in October.

“Whether it’s keeping a pool sparkling clean or ensuring a lawn stays perfectly watered, we understand outdoor maintenance can be exhausting, time-consuming, and quite frankly a chore,” says Andres Gomez, Aiper’s VP of Sales. “At Aiper, we’re driven to create innovative solutions that take the hard work out of home upkeep, giving people back their time to enjoy the outdoors. As we expand into new categories, our commitment to leading with smart, user-first technology remains at the heart of everything we do.”

About Aiper

Aiper is the global pioneer of cordless robotic pool cleaning technology and a leader in smart yard product solutions. Aiper empowers homeowners to transform their backyards into a personal vacation retreat with the help of innovative, smarter, and greener product solutions that effortlessly handle pool and lawn maintenance to save time, money, and energy. Renowned for excellence, Aiper products have garnered prestigious awards, including the Red Dot Design Award and the iF Design Award. Additionally, Aiper has been recognized as a CES Innovation Awards honoree in 2023, 2024, and 2025, underscoring its commitment to pioneering smart yard solutions.

Webull Launches Crypto Trading in Australia

  • Australian Webull users will now be able to access up to 240 cryptocurrencies via the low-cost trading platform.
  • Coinbase Prime will provide trading infrastructure, secure custody, and real-time market data.
  • The cryptocurrencies can be traded via Individual, Self-Managed Super Funds (‘SMSFs’), Trusts or Company accounts on the platform.

SYDNEY, Aug. 27, 2025 /PRNewswire/ — Webull Securities (Australia) Pty Ltd (‘Webull Australia’), a subsidiary of Webull Corporation (NASDAQ: BULL), the owner of the Webull trading platform, has today launched cryptocurrency and digital token trading for Australian users, offering direct access to up to 240 cryptocurrencies.

The offering represents one of the lowest-cost options to trade cryptocurrencies in Australia, with a spread of 30 basis points.

In partnership with Coinbase Prime, which provides world-class trading infrastructure, institutional-grade custody, financing solutions, and real-time market data, the Australia launch represents the third market globally where cryptocurrency trading is available to Webull’s retail clients, with additional markets expected to be rolled out throughout the year.

“The addition of cryptocurrencies and digital tokens to the Webull platform represents the next phase of our ongoing mission to provide Australian investors with the freedom to trade what they want, when they want,” said Rob Talevski, CEO of Webull Securities Australia.

“We’ve made crypto trading simple and easy to access for our Australian users, while Coinbase Prime provides the secure infrastructure that investors can rely on.”

Webull Australia users can now trade cryptocurrencies via individual, SMSFs, Trusts, and Company accounts, meaning that digital assets can now easily form part of a variety of investment structures. 

Users can also leverage Webull’s premium charting suite to trade cryptocurrencies, seamlessly integrated with over 40 technical indicators, customisable layouts, and advanced charting tools. 24/7 customer support is available to users whenever needed.

Cryptocurrency trading is now available to Australian users on the Webull app. Visit https://www.webullpay.com.au/ to learn more.

ENDS

Disclaimer

Please be advised that trading in digital assets can carry high risk and as such could cause significant financial loss to investors. On that, we recommend that trading in these assets is suitable for investors with a high-risk tolerance who have the financial ability to sustain losses. For further information on risks surrounding trading digital assets, please refer to section 2 of our Digital Assets Terms and Conditions.

Media contact:

Cognito for Webull
webull@cognitomedia.com

About Webull Australia

Webull Securities (Australia) Pty. Ltd. is a leading financial services provider, holding an Australian Financial Services Licence (AFSL 536980) and regulated by the Australian Securities and Investments Commission (ASIC). As a trading participant of both the Australian Securities Exchange (ASX) and Cboe Australia, and a principal member of the Stockbrokers and Investment Advisers Association, Webull ensures the highest standards of service and security. Learn more at https://www.webull.com.au/.

Webull Pay (Australia) Pty Ltd (ABN 93 657 435 517) is a registered digital currency exchange with AUSTRAC: DCE-100796440-001. All digital asset services are provided exclusively by Webull Pay. At no time is Webull Pay offering its digital asset services to you under the AFSL of Webull Securities. Learn more at https://www.webullpay.com.au/.

About Webull

Webull Corporation (NASDAQ: BULL) owns and operates Webull, a leading digital investment platform built on next-generation global infrastructure. Through its global network of licensed brokerages, Webull offers investment services in 14 markets across North America, Asia Pacific, Europe, and Latin America. Webull serves more than 24 million registered users globally, providing retail investors with 24/7 access to global financial markets. Users can put investment strategies to work by trading global stocks, ETFs, options, futures, fractional shares, and digital assets through Webull’s trading platform, which seamlessly integrates market data and information, its user community, and investor education resources. Learn more at https://www.webullcorp.com/.

TheChallenge.org: New Study by Finds Reducing Phone Use is Over Twice as Hard as Enduring a Daily Ice Bath

WARSAW, Poland, Aug. 27, 2025 /PRNewswire/ — A new social study involving 9,150 participants from 47 countries has revealed a startling modern truth: most people find it significantly harder to reduce their screen time than to plunge into a barrel of ice water every day.

Chart Comparison
Chart Comparison

The study, conducted by the health and wellness project TheChallenge.org, centered on its 31-Day “Digital Detox Challenge.” Participants committed to simple rules like two screen-free hours daily and a 30-minute social media cap. Despite the profound benefits reported by those who completed it, the challenge had a completion rate of just 32.5%.

This figure stands in stark contrast to the organization’s “Ice Bath Challenge,” a physically demanding test of willpower, which saw an 80.6% completion rate among its participants. The data suggests that the psychological pull of our digital devices presents a more formidable barrier to overcome than a significant physical stressor.

“We expected the digital detox to be difficult, but we never imagined people would find it more than twice as hard as plunging into freezing water,” said Karol Banaszkiewicz, founder of TheChallenge.org. “It proves that the battle for our own attention is one of the greatest unseen health crises of our time. The struggle is not in our minds; it’s real, and the data confirms it.”

The paradox of the challenge is that the rewards for success were immense. Among the participants who managed to finish, the results were overwhelmingly positive:

  • 90.0% reported an improved mood.
  • 85.6% felt a greater sense of daily calm.
  • 82.3% experienced decreased stress levels.

The findings highlight a deep disconnect between what people know is good for them—less screen time—and their ability to implement it, pointing to the powerful, habit-forming nature of modern technology.

About TheChallenge.org: TheChallenge.org is a global community dedicated to testing and discovering life-changing habits through free, large-scale social experiments. The project analyzes data from thousands of participants to identify the most effective strategies for improving mental and physical well-being.

TheChallenge.org

 

Metavesco Releases White Paper on Tokenizing the OTC in Advance of Crypto Roundtable with SEC

CUMMING, Ga., Aug. 27, 2025 /PRNewswire/ — Metavesco, Inc. (OTC: MVCO), a publicly traded diversified holding company, today announced the release of its white paper, “Tokenizing the OTC: A Vision for Transparency, Liquidity, and Growth.” The publication outlines Metavesco’s strategy for advancing the tokenization of OTC-traded equities to unlock global liquidity and reduce systemic barriers for small public companies.

The white paper is available at: https://metavesco.com/metavesco-inc/tokenizing-the-otc-a-vision-for-transparency-liquidity-and-growth/

Metavesco’s release comes ahead of the Company’s participation in an upcoming SEC crypto roundtable hosted by Commissioner Hester Peirce on September 4, 2025, at the SEC’s Fort Worth regional office. Commissioner Peirce invited early-stage crypto projects to share ideas and challenges in navigating the U.S. regulatory landscape, and Metavesco responded with its interest in tokenizing OTC securities.

“This white paper represents more than just an idea, rather it’s a roadmap for transforming how small-cap companies raise capital and how investors participate in OTC markets,” said Ryan Schadel, CEO of Metavesco. “Tokenization can eliminate toxic financing models, reduce hidden risks, and bring transparency where it has never existed. Our mission is to make the OTC great again by moving it on-chain.”

Key highlights from the paper include:

  • Unlocking global liquidity through tokenized share trading
  • Delivering on-chain transparency to eliminate naked shorting and hidden dilution
  • Lowering the cost of capital for legitimate small companies
  • Turning the public into the analyst community through open blockchain data

Participation in the SEC’s roundtable underscores Metavesco’s commitment to building in public, engaging directly with regulators, and positioning itself as a leader at the intersection of OTC markets and Web3 innovation.

Metavesco expects the SEC to publish the official participant list ahead of the roundtable event.

About Metavesco, Inc.

Metavesco is a diversified holding company focused on acquiring and managing assets across multiple sectors, including consumer packaged goods and staffing services. The company is dedicated to long-term growth through organic expansion, strategic acquisitions and innovative market solutions.

Safe Harbor Statement

This press release contains statements that constitute forward-looking statements. These statements appear in a number of places in this press release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) financing plans; (ii) trends affecting its financial condition or results of operations; and (iii) growth strategy and operating strategy. The words “may”, “would”, “will”, “expect”, “estimate”, “can”, “believe”, “potential”, and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors. More information about the potential factors that could affect the business and financial results is included in the Company’s filings on otcmarkets.com.

In Era of Evolution, Michter’s Retains its Crown as World’s Most Admired Whiskey

Louisville distiller receives industry’s highest honor from global academy of experts for third time

LOUISVILLE, Ky., Aug. 27, 2025 /PRNewswire/ — As distillers worldwide address new circumstances and opportunities, a global academy of experts convened by Drinks International has bestowed the whiskey industry’s highest honor on Louisville-based Michter’s for the third consecutive year: The World’s Most Admired Whiskey. The annual Drinks International top-50 ranking is considered the definitive list of the world’s best whiskies and represents the pinnacle of achievement in the trade.

Michter’s Executive Vice President Matt Magliocco commented, “It’s literally a dream to have Michter’s recognized as the World’s Most Admired Whiskey. There are so many outstanding distilleries around the world with so many talented people making excellent whiskey. It’s extremely humbling to be acknowledged by our peers across the industry when there are countless people doing such inspiring work and creating phenomenal products. We also feel immense gratitude for the wonderful journalists and publishers in the global trade press who have helped us share our story with the world, and who continue to educate readers— consumers and trade alike—about the great work people in our industry are doing. Any success that Michter’s has achieved or can achieve is only because of our supporters in the trade. We are eternally grateful to them.”

The rankings are determined by an international academy consisting of 100 independent global drinks buyers, journalists, bartenders and whisky experts. According to Shay Waterworth, Editor of Drinks International, “Michter’s ticks all the boxes when it comes to being an Admired Whiskey brand. It honours traditional practice while pushing innovation, it has provenance without being old fashioned and its whiskey is exclusive, but available in all the right places. Over the past 30 years Joe and Matt Magliocco and the whole Michter’s family have built a powerful reputation with the global bar trade, while the quality of its whiskey is revered by the industry’s top experts. To top our ranking once was an impressive achievement, but to do it three times on the bounce is unparalleled, and something I doubt we’ll see again for some time.”

“We are thrilled and deeply humbled by this recognition from the Drinks International academy. Like all of our friends in the industry, we are adapting to evolving regulatory and trading frameworks, consumer preferences, and technology,” said Michter’s Master of Maturation Andrea Wilson. “Our highest professional calling is simply to make great whiskey for people to enjoy. Being named The World’s Most Admired Whiskey is the ultimate expression of that, and we could not be prouder and more grateful to receive this extraordinary recognition.”

Dan McKee, Michter’s Master Distiller, commented, “This job has brought me from Kentucky to Kansai and nearly everywhere in between. Throughout my travels, I’ve been blown away by the appreciation for Michter’s and the American whiskey category by domestic and international consumers. Our team at Michter’s devotes everything we have to making the highest-quality whiskey we possibly can. It is the best feeling ever to know that people are truly enjoying the fruits of our labor. We are so appreciative of everyone’s support.”

“This never would have happened without the tremendous support of so many individuals around the world,” said Michter’s President Joseph J. Magliocco. “All of us at Michter’s are deeply grateful to each and every one of those individuals, and we are humbled by this wonderful news.”

Beyond its main distillery in the Shively section of Louisville, Michter’s operations extend to two other sites in Kentucky. In Springfield, Michter’s is farming estate grown grain on its 205-acre property, while in downtown Louisville, Michter’s has its second distillery in the historic Fort Nelson Building. Situated in a prime location on West Main Street opposite Louisville Slugger and on the same block as the Frazier Museum, Michter’s Fort Nelson Distillery features the legendary pot still system from Michter’s Pennsylvania. It also offers educational tours with whiskey tastings and The Bar at Fort Nelson, which features classic cocktails curated by spirits and cocktail historian David Wondrich.

Michter’s has a rich and long legacy of offering traditional American whiskeys of uncompromising quality. With each of its limited production offerings aged to its peak maturity, Michter’s highly acclaimed portfolio includes bourbon, rye, sour mash whiskey, and American whiskey.

For more information about the The World’s Most Admired Whiskies List, including the full 2025 report, please visit: Drinks International.

For more information about Michter’s, please visit michters.com, and follow us on InstagramFacebook, and X.

Contact:
Matt Magliocco
+1 (502) 774-2300 x470
mmagliocco@michters.com

 

Tuya Reports Second Quarter 2025 Unaudited Financial Results and Declaration of Cash Dividend

SANTA CLARA, Calif., Aug. 27, 2025 /PRNewswire/ — Tuya Inc. (“Tuya” or the “Company”) (NYSE: TUYA; HKEX: 2391), a global leading AI cloud platform service provider, today announced its unaudited financial results for the second quarter ended June 30, 2025 and the declaration of a cash dividend.

Second Quarter 2025 Financial Highlights

  • Total revenue was US$80.1 million, up approximately 9.3% year-over-year (2Q2024: US$73.3 million).
  • Platform-as-a-service (“PaaS”) revenue was US$58.1 million, up approximately 7.0% year-over-year (2Q2024: US$54.3 million).
  • Software-as-a-service (“SaaS”) and others revenue was US$11.1 million, up approximately 15.6% year-over-year (2Q2024: US$9.6 million).
  • Smart solution revenue was US$10.9 million, up approximately 16.7% year-over-year (2Q2024: US$9.4 million).
  • Overall gross margin was 48.4%, up 0.4 percentage point year-over-year (2Q2024: 48.0%). Gross margin of PaaS increased to 48.7%, up 1.1 percentage points year-over-year (2Q2024: 47.6%).
  • Operating margin was 1.4%, improved by 15.5 percentage points year-over-year (2Q2024: negative 14.1%). Non-GAAP operating margin was 10.7% (2Q2024: 10.0%).
  • Net margin was 15.7%, improved by 11.4 percentage points year-over-year (2Q2024: 4.3%). Non-GAAP net margin was 25.1% (2Q2024: 28.4%).
  • Net profits were US$12.6 million, up approximately 302.4% year-over-year (2Q2024: US$3.1 million). Non-GAAP net profits were US$20.1 million (2Q2024: US$20.8 million).
  • Net cash generated from operating activities was US$18.2 million, up approximately 53.8% year-over-year (2Q2024: US$11.8 million).
  • Total cash and cash equivalents, time deposits and treasury securities recorded as short-term and long-term investments were US$1,006.3 million as of June 30, 2025, compared to US$1,016.7 million as of December 31, 2024, decreased mainly due to payment of cash dividends.

For further information on the non-GAAP financial measures presented above, see the section headed “Use of Non-GAAP Financial Measures.”

Second Quarter 2025 Operating Highlights

  • PaaS customers1 for the second quarter of 2025 were approximately 2,100 (2Q2024: approximately 2,100). Total customers for the second quarter of 2025 were approximately 3,000 (2Q2024: 3,000).
  • Premium PaaS customers2 for the trailing 12 months ended June 30, 2025 were 285 (2Q2024: 280). In the second quarter of 2025, the Company’s premium PaaS customers contributed approximately 88.6% of its PaaS revenue (2Q2024: approximately 84.8%).
  • Dollar-based net expansion rate (“DBNER”)3 of PaaS for the trailing 12 months ended June 30, 2025 was 114% (2Q2024: 127%).
  • Registered AI developers were over 1,514,000 as of June 30, 2025, up 15% from approximately 1,316,000 developers as of December 31, 2024.

1. The Company defines a PaaS customer for a given period as a customer who has directly placed orders for PaaS with the Company during that period.

2. The Company defines a premium PaaS customer as a customer as of a given date that contributed more than US$100,000 of PaaS revenue during the immediately preceding 12-month period.

3. The Company calculates DBNER of PaaS for a trailing 12-month period by first identifying all customers in the prior 12-month period (i.e., those have placed at least one order for PaaS during that period), and then calculating the quotient from dividing the PaaS revenue generated from such customers in the current trailing 12-month period by the PaaS revenue generated from the same group of customers in the prior 12-month period. The Company’s DBNER may change from period to period, due to a combination of various factors, including changes in the customers’ purchase cycles and amounts and the Company’s customer mix, among other things. DBNER indicates the Company’s ability to expand customer use of the Tuya platform over time and generate revenue growth from existing customers.

Mr. Xueji (Jerry) Wang, Founder and Chief Executive Officer of Tuya, commented, “Amid global trade uncertainty and continued supply chain pressure in the discretionary consumer electronics sector, Tuya maintained resilient profitability and solid business growth in the first half of 2025. Revenue grew by approximately 15% year over year, while the Company’s non-GAAP operating profit rose by around 127%, demonstrating the resilience of our business model and our effective operating leverage. Looking ahead, we will remain committed to our long-term strategy, cultivating deep relationships with core customers and exploring opportunities in regional markets while optimizing resource allocation. Through sound financial management and continuous innovation, Tuya aims to create lasting value for our shareholders and the broader industry.”

Mr. Yi (Alex) Yang, Director and Chief Financial Officer of Tuya, added, “Supported by strong product capabilities and a diversified revenue structure, Tuya maintained its healthy financial performance in the second quarter of 2025. All business segments achieved year-over-year growth, driving a total revenue increase of approximately 9.3%. Despite the ongoing pressures on global trade and manufacturing, our overall gross margin remained strong at around 48%. Through prudent cost management and continued expense optimization, the Company’s non-GAAP net profit margin also remained above 25%. At the same time, we continued to generate strong net operating cash flow and a solid net cash position, laying a firm foundation for Tuya’s long-term, steady, and sustainable growth amid a challenging macroeconomic environment while also providing continued shareholder returns through dividends.”

Second Quarter 2025 Unaudited Financial Results

REVENUE

Total revenue in the second quarter of 2025 increased by 9.3% to US$80.1 million from US$73.3 million in the same period of 2024.

  • PaaS revenue (formerly known as “IoT Paas”) in the second quarter of 2025 increased by 7.0% to US$58.1 million from US$54.3 million in the same period of 2024, primarily due to increasing demand compared with the same period of 2024 and the Company’s strategic focus on customer needs and product enhancements, despite the disruptions in the international business environment due to tariff-related headwinds since this April. As a result, the Company’s DBNER of PaaS for the trailing 12 months ended June 30, 2025 softened to 114%, compared to 127% for the trailing 12 months ended June 30, 2024.
  • SaaS and others revenue in the second quarter of 2025 increased by 15.6% to US$11.1 million from US$9.6 million in the same period of 2024, primarily due to an increase in revenue from cloud software products. During the quarter, the Company remained committed to offering value-added services and a diverse range of software products with compelling value propositions to its customers.
  • Smart solution revenue in the second quarter of 2025 increased by 16.7% to US$10.9 million from US$9.4 million in the same period of 2024, primarily due to the increasing customer demand for smart devices with integrated intelligent software capabilities the Company developed beyond IoT.

COST OF REVENUE

Cost of revenue in the second quarter of 2025 increased by 8.7% to US$41.4 million from US$38.1 million in the same period of 2024, generally in line with the increase in the Company’s total revenue.

GROSS PROFIT AND GROSS MARGIN

Total gross profit in the second quarter of 2025 increased by 10.1% to US$38.7 million from US$35.2 million in the same period of 2024. The gross margin in the second quarter of 2025 was 48.4%, compared to 48.0% in the same period of 2024.

  • PaaS gross margin in the second quarter of 2025 was 48.7%, compared to 47.6% in the same period of 2024.
  • SaaS and others gross margin in the second quarter of 2025 was 72.0%, compared to 71.0% in the same period of 2024.
  • Smart solution gross margin in the second quarter of 2025 was 22.5%, compared to 26.8% in the same period of 2024.

Gross margin of each revenue stream increased or fluctuated primarily due to changes in products and solutions mix. As an AI developer platform with rich ecosystem of smart devices and applications, the Company is committed to focusing on software products with compelling value propositions while maintaining cost efficiency.

OPERATING EXPENSES

Operating expenses decreased by 17.3% to US$37.7 million in the second quarter of 2025 from US$45.5 million in the same period of 2024. Non-GAAP operating expenses increased by 8.3% to US$30.2 million in the second quarter of 2025 from US$27.8 million in the same period of 2024. For further information on the non-GAAP financial measures presented above, see the section headed “Use of Non-GAAP Financial Measures.”

  • Research and development expenses in the second quarter of 2025 were US$22.4 million, down 2.7% from US$23.0 million in the same period of 2024, primarily because of (i) the lower share-based compensation expenses as equity incentive awards granted at higher valuations in previous years have been gradually amortized and (ii) partially offset by an increase in cloud services costs, and employee-related costs due to regular team movements. Non-GAAP adjusted research and development expenses in the second quarter of 2025 were US$20.9 million, compared to US$19.6 million in the same period of 2024.
  • Sales and marketing expenses in the second quarter of 2025 were US$7.8 million, down 16.6% from US$9.4 million in the same period of 2024, primarily because of (i) the decrease in employee-related costs due to regular team movements, (ii) the lower share-based compensation expenses as equity incentive awards granted at higher valuations in previous years have been gradually amortized. Non-GAAP adjusted sales and marketing expenses in the second quarter of 2025 were US$7.2 million, compared to US$8.2 million in the same period of 2024.
  • General and administrative expenses in the second quarter of 2025 were US$9.4 million, down 44.3% from US$16.9 million in the same period of 2024, primarily because of (i) the lower share-based compensation expenses as equity incentive awards granted at higher valuations in previous years have been gradually amortized, (ii) a decrease in professional service costs, among other things. Non-GAAP adjusted general and administrative expenses in the second quarter of 2025 were US$3.9 million, compared to US$3.7 million in the same period of 2024.
  • Other operating income, net in the second quarter of 2025 was US$1.9 million, primarily due to the receipt of software value-added tax refunds.

LOSS/PROFIT FROM OPERATIONS AND OPERATING MARGIN

Profit from operations in the second quarter of 2025 was US$1.1 million, compared with a loss of US$10.3 million in the same period of 2024. The Company had a non-GAAP profit from operations of US$8.6 million in the second quarter of 2025, compared to a non-GAAP profit from operations of US$7.4 million in the same period of 2024, consistently achieving operating profitability and leverage.

Operating margin in the second quarter of 2025 was 1.4%, improved by 15.5 percentage points from negative 14.1% in the same period of 2024. Non-GAAP operating margin in the second quarter of 2025 was 10.7%, improved by 0.7 percentage points from 10.0% in the same period of 2024.

NET PROFIT AND NET MARGIN

Net profit in the second quarter of 2025 was US$12.6 million, increased by 302.4% from US$3.1 million in the same period of 2024. Non-GAAP net profit in the second quarter of 2025 was US$20.1 million, compared to US$20.8 million in the same period of 2024, consistently demonstrating profitability and improved leverage, despite being partially impacted by interest rate cuts.

Net margin in the second quarter of 2025 was 15.7%, improved by 11.4 percentage points from 4.3% in the same period of 2024. Non-GAAP net margin in the second quarter of 2025 was 25.1%, compared to 28.4% in the same period of 2024.

BASIC AND DILUTED NET PROFIT PER ADS

Basic and diluted net profit per ADS was US$0.02 in the second quarter of 2025, compared to basic and diluted net profit of US$0.01 in the same period of 2024. Each ADS represents one Class A ordinary share.

Non-GAAP basic and diluted net profit per ADS was US$0.03 in the second quarter of 2025, compared to non-GAAP basic and diluted net profit of US$0.04 in the same period of 2024.

CASH AND CASH EQUIVALENTS, TIME DEPOSITS AND TREASURY SECURITIES RECORDED AS SHORT-TERM AND LONG-TERM INVESTMENTS

Cash and cash equivalents, time deposits and treasury securities recorded as short-term and long-term investments were US$1,006.3 million as of June 30, 2025, compared to US$1,016.7 million as of December 31, 2024, decreased mainly due to payment of cash dividends. The Company believes its current cash position is sufficient to meet its current liquidity and working capital needs.

NET CASH GENERATED FROM OPERATING ACTIVITIES

Net cash generated from operating activities in the second quarter of 2025 was US$18.2 million, compared to US$11.8 million in the same period of 2024. The net cash generated from operating activities for the second quarter of 2025 mainly due to working capital changes in the ordinary course of business.

For further information on non-GAAP financial measures presented above, see the section headed “Use of Non-GAAP Financial Measures.”

Business Outlook

Based on recent trends, the global trade environment continues to present uncertainties, under which participants across the consumer electronics supply chain – including manufacturers, importers, brands, and retail channels – remain cautious in their operations and planning. The Company will continue to monitor these developments. At the same time, despite such external challenges, we observe that enterprises and consumers worldwide are actively exploring AI technologies and hardware, accelerating their exploration and adoption. Therefore, we remain confident in the long-term value that intelligent technologies can bring to all stakeholders. With the effective implementation of the Company’s customer and product strategies, along with the utilization and innovation of emerging technologies like AI, the Company is confident in its long-term business prospects.

In response to this evolving market environment, the Company will remain committed to continuously iterating and improving its products and services and further enhancing software and hardware capabilities, particularly by leveraging the AI capabilities, expanding key customer base, investing in innovations and new opportunities, diversifying revenue streams, and further optimizing operating efficiency. At the same time, the Company understands that future trajectories may encounter challenges, including shifting consumer spending patterns, regional economic disparities, inventory management, foreign exchange rate and interest rates volatility, the imposition of new tariffs, or adjustments in existing tariffs or trade barriers, and broader geopolitical uncertainties.

Declaration of Cash Dividend and Record Date

On August 26, 2025, the Board has approved the declaration and distribution of a cash dividend (the “Cash Dividend”) of US$0.054 per ordinary share, or US$0.054 per ADS, to such holders as at the close of business on September 11, 2025, Hong Kong Time and New York Time, respectively. The aggregate amount of the Cash Dividend will be approximately US$33 million, which is payable in U.S. dollars and in cash, and will be funded by surplus cash and to be paid out from the share premium account of the Company. The determination to make distributions and the amount of such distributions will be made at the discretion of its Board and will be based upon the Company’s operations and earnings, including, but not limited, considerations of the Company’s GAAP and Non-GAAP net profits, cash flows, financial conditions and other relevant factors.

In order to qualify for the Cash Dividend, with respect to ordinary shares registered on the Company’s Hong Kong share register, all valid documents for the transfers of shares accompanied by the relevant share certificates must be lodged with the Company’s Hong Kong share registrar, Computershare Hong Kong Investor Services Limited, at Shops 1712-1716, 17th Floor, Hopewell Centre, 183 Queen’s Road East, Wan Chai, Hong Kong, no later than 4:30 p.m. on Thursday, September 11, 2025, Hong Kong time; and with respect to the ordinary shares registered on the Company’s principal share register in the Cayman Islands, all valid documents for the transfers of shares accompanied by the relevant share certificates must be lodged with the Company’s principal share registrar, Maples Fund Services (Cayman) Limited, at PO Box 1093, Boundary Hall, Cricket Square, Grand Cayman, KY1-1102, Cayman Islands, no later than 3:30 p.m. on Wednesday, September 10, 2025, Cayman Islands time (due to the time difference between Cayman Islands and Hong Kong).

Cash Dividend to be paid to the holders of ADSs issued by the depositary of the ADSs will be subject to the terms of the deposit agreement. The payment date is expected to be on or around October 13, 2025 for holders of ordinary shares, and on or around October 20, 2025 for holders of ADSs.

Conference Call Information

The Company’s management will hold a conference call at 08:30 P.M. U.S. Eastern Time on Tuesday, August 26, 2025 (08:30 A.M. Hongkong Time on Wednesday, August 27, 2025) to discuss the financial results. In advance of the conference call, all participants must use the following link to complete the online registration process. Upon registering, each participant will receive access details for this conference including a conference access code, a PIN number (personal access code), the dial-in number, and an e-mail with detailed instructions to join the conference call.

Online registration:
https://register-conf.media-server.com/register/BI3986123fbddc4ca5a85f960960afdf30

Additionally, a live and archived webcast of the conference call will be available on the Company’s investor relations website at https://ir.tuya.com, and a replay of the webcast will be available following the session.

About Tuya Inc.

Tuya Inc. (NYSE: TUYA; HKEX: 2391) is a global leading AI cloud platform service provider with a mission to build an AI developer ecosystem and enable everything to be smart. Tuya has pioneered a purpose-built AI cloud platform with cloud and generative AI capabilities that delivers a full suite of offerings, including Platform-as-a-Service, or PaaS, Software-as-a-Service, or SaaS, and smart solutions for developers of smart device, commercial applications, and industries. Through its AI developer platform, Tuya has activated a vibrant global developer community of brands, OEMs, AI agents, system integrators and independent software vendors to collectively strive for smart solutions ecosystem embodying the principles of green and low-carbon, security, high efficiency, agility, and openness.

Use of Non-GAAP Financial Measures

In evaluating the business, the Company considers and uses non-GAAP financial measures, such as non-GAAP operating expenses, non-GAAP profit from operations (including non-GAAP operating margin), non-GAAP net profit (including non-GAAP net margin), and non-GAAP basic and diluted net profit per ADS, as supplemental measures to review and assess its operating performance. The presentation of non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with generally accepted accounting principles in the United States of America (“U.S. GAAP”). The Company defines non-GAAP financial measures by excluding the impact of share-based compensation expenses and credit-related impairment of long-term investments from the respective GAAP financial measures. The Company presents the non-GAAP financial measures because they are used by the management to evaluate its operating performance and formulate business plans. The Company also believes that the use of the non-GAAP financial measures facilitates investors’ assessment of its operating performance.

Non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. Non-GAAP financial measures have limitations as analytical tools. One of the key limitations of using the aforementioned non-GAAP financial measures is that they do not reflect all items of expenses that affect the Company’s operations. Share-based compensation expenses and credit-related impairment of long-term investments have been and may continue to be incurred in the business and are not reflected in the presentation of non-GAAP measures. Further, the non-GAAP financial measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited. The Company compensates for these limitations by reconciling the non-GAAP measures to the most directly comparable U.S. GAAP measures, all of which should be considered when evaluating the Company’s performance. The Company encourages you to review its financial information in its entirety and not rely on a single financial measure.

Reconciliations of Tuya’s non-GAAP financial measures to the most comparable U.S. GAAP measures are included at the end of this press release.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statements. In some cases, forward-looking statements can be identified by words or phrases such as “may”, “will”, “expect”, “anticipate”, “target”, “aim”, “estimate”, “intend”, “plan”, “believe”, “potential”, “continue”, “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. The forward-looking statements included in this press release are only made as of the date hereof, and the Company disclaims any obligation to publicly update any forward-looking statements to reflect subsequent events or circumstances, except as required by law. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty.

Investor Relations Contact

Tuya Inc.
Investor Relations
Email: ir@tuya.com

HL Strategy
Haiyan LI-LABBE
Email: hl@hl-strategy.com

 

TUYA INC.

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

AS OF DECEMBER 31, 2024 AND JUNE 30, 2025

(All amounts in US$ thousands (“US$”),

except for share and per share data, unless otherwise noted)

As of

As of

December 31,

June 30,

2024

2025

ASSETS

Current assets:

 Cash and cash equivalents

653,334

724,034

 Restricted cash

50

37

 Short-term investments

194,536

110,324

 Accounts receivable, net

7,592

11,346

 Notes receivable, net

7,485

12,197

 Inventories, net

23,840

20,666

 Prepayments and other current assets, net

16,179

17,999

Total current assets

903,016

896,603

Non-current assets:

 Property, equipment and software, net

6,619

10,266

 Land use rights, net

8,825

8,772

 Operating lease right-of-use assets, net

4,550

4,398

 Long-term investments

180,092

183,760

 Other non-current assets, net

678

319

Total non-current assets

200,764

207,515

Total assets

1,103,780

1,104,118

LIABILITIES AND SHAREHOLDERS’ EQUITY          

Current liabilities:

 Accounts payable

19,051

23,047

 Advances from customers

31,346

27,212

 Deferred revenue, current

7,525

8,390

 Accruals and other current liabilities

32,257

30,131

 Incomes tax payables

360

310

 Lease liabilities, current

3,798

2,522

Total current liabilities

94,337

91,612

Non-current liabilities:

 Lease liabilities, non-current

851

1,692

 Deferred revenue, non-current

377

430

 Other non-current liabilities

767

Total non-current liabilities

1,995

2,122

Total liabilities

96,332

93,734

 

TUYA INC.

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (CONTINUED)

AS OF DECEMBER 31, 2024 AND JUNE 30, 2025

(All amounts in US$ thousands (“US$”),

except for share and per share data, unless otherwise noted)

As of

As of

December 31,

June 30,

2024

2025

Shareholders’ equity:

 Ordinary shares

 Class A ordinary shares

25

27

 Class B ordinary shares

4

4

 Treasury stock

(15,726)

 Additional paid-in capital

1,612,712

1,575,826

 Accumulated other comprehensive loss

(19,716)

(19,226)

 Accumulated deficit

(569,851)

(546,247)

Total shareholders’ equity

1,007,448

1,010,384

Total liabilities and shareholders’ equity

1,103,780

1,104,118

 

TUYA INC.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF

COMPREHENSIVE INCOME/(LOSS)

(All amounts in US$ thousands (“US$”),

except for share and per share data, unless otherwise noted)

For the Three Months Ended

For the Six Months Ended

June 30,

June 30,

June 30,

June 30,

2024

2025

2024

2025

Revenue

73,279

80,130

134,941

154,817

Cost of revenue

(38,087)

(41,384)

(70,264)

(79,820)

Gross profit

35,192

38,746

64,677

74,997

Operating expenses:

 Research and development expenses

(22,993)

(22,373)

(46,467)

(45,183)

 Sales and marketing expenses

(9,387)

(7,825)

(18,370)

(16,172)

 General and administrative expenses

(16,861)

(9,386)

(32,335)

(18,315)

 Other operating incomes, net

3,705

1,926

5,784

4,309

 Total operating expenses

(45,536)

(37,658)

(91,388)

(75,361)

(Loss)/profit from operations

(10,344)

1,088

(26,711)

(364)

Other income

 Other non-operating incomes, net

1,869

767

2,647

1,534

 Financial income, net

12,452

10,761

25,259

23,156

 Foreign exchange (loss)/gain, net

(257)

606

(362)

650

Profit before income tax expense

3,720

13,222

833

24,976

Income tax expense

(592)

(635)

(1,248)

(1,372)

Net profit/(loss)

3,128

12,587

(415)

23,604

Net profit/(loss) attributable to Tuya Inc.

3,128

12,587

(415)

23,604

Net profit/(loss) attributable to ordinary shareholders

3,128

12,587

(415)

23,604

Net profit/(loss)

3,128

12,587

(415)

23,604

Other comprehensive (loss)/income

 Changes in fair value of long-term investments

(139)

91

(139)

91

 Transfer out of fair value changes of long-term investments

(65)

 Foreign currency translation

(600)

222

(1,028)

399

Total comprehensive income/(loss)

 attributable to Tuya Inc.

2,389

12,900

(1,647)

24,094

 

TUYA INC.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF

COMPREHENSIVE INCOME/(LOSS) (CONTINUED)

(All amounts in US$ thousands (“US$”),

except for share and per share data, unless otherwise noted)

For the Three Months Ended

For the Six Months Ended

June 30,

June 30,

June 30,

June 30,

2024

2025

2024

2025

Net profit/(loss) attributable to Tuya Inc.

3,128

12,587

(415)

23,604

Net profit/(loss) attributable to ordinary shareholders

3,128

12,587

(415)

23,604

Weighted average number of ordinary shares used in

 computing net profit/(loss) per share

 – Basic

559,710,445

608,529,487

559,421,815

608,348,598

 – Diluted

592,735,568

610,477,980

559,421,815

610,414,036

Net profit/(loss) per share attributable to ordinary

 shareholders

 – Basic

0.01

0.02

(0.00)

0.04

 – Diluted

0.01

0.02

(0.00)

0.04

Share-based compensation expenses were included in:

 Research and development expenses

3,376

1,460

6,882

3,476

 Sales and marketing expenses

1,169

582

2,554

1,320

 General and administrative expenses

10,864

5,437

21,787

10,958

 

TUYA INC.

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(All amounts in US$ thousands (“US$”),

except for share and per share data, unless otherwise noted)

For the Three Months Ended

For the Six Months Ended

June 30,

June 30,

June 30,

June 30,

2024

2025

2024

2025

Net cash generated from operating activities

11,829

18,191

26,319

27,543

Net cash generated from/(used in) investing activities

73,890

(21,215)

90,085

79,968

Net cash (used in)/generated from financing activities

(104)

(36,914)

150

(36,912)

Effect of exchange rate changes on cash and cash

 equivalents, restricted cash

(197)

56

(323)

88

Net increase/(decrease) in cash and cash equivalents,

 restricted cash

85,418

(39,882)

116,231

70,687

Cash and cash equivalents, restricted cash at the

 beginning of period

529,501

763,953

498,688

653,384

Cash and cash equivalents, restricted cash

 at the end of period

614,919

724,071

614,919

724,071

 

TUYA INC.

UNAUDITED RECONCILIATION OF NON-GAAP MEASURES TO THE MOST DIRECTLY
COMPARABLE FINANCIAL MEASURES

(All amounts in US$ thousands (“US$”),

except for share and per share data, unless otherwise noted)

For the Three Months Ended

For the Six Months Ended

June 30,

June 30,

June 30,

June 30,

2024

2025

2024

2025

Reconciliation of operating expenses to non-GAAP

 operating expenses

Research and development expenses

(22,993)

(22,373)

(46,467)

(45,183)

Add: Share-based compensation expenses

3,376

1,460

6,882

3,476

Adjusted Research and development expenses

(19,617)

(20,913)

(39,585)

(41,707)

Sales and marketing expenses

(9,387)

(7,825)

(18,370)

(16,172)

Add: Share-based compensation expenses

1,169

582

2,554

1,320

Adjusted Sales and marketing expenses

(8,218)

(7,243)

(15,816)

(14,852)

General and administrative expenses

(16,861)

(9,386)

(32,335)

(18,315)

Add: Share-based compensation expenses

10,864

5,437

21,787

10,958

Add: Credit-related impairment of long-term investments

189

27

189

27

Add: Litigation costs

2,100

2,100

Adjusted General and administrative expenses

(3,708)

(3,922)

(8,259)

(7,330)

Reconciliation of (loss)/profit from operations to

 non-GAAP profit from operations

(Loss)/profit from operations

(10,344)

1,088

(26,711)

(364)

Add: Share-based compensation expenses

15,409

7,479

31,223

15,754

Add: Credit-related impairment of long-term investments

189

27

189

27

Add: Litigation costs

2,100

2,100

Non-GAAP Profit from operations

7,354

8,594

6,801

15,417

Non-GAAP Operating margin

10.0 %

10.7 %

5.0 %

10.0 %

 

TUYA INC.

UNAUDITED RECONCILIATION OF NON-GAAP MEASURES TO THE MOST DIRECTLY
COMPARABLE FINANCIAL MEASURES (CONTINUED)

(All amounts in US$ thousands (“US$”),

except for share and per share data, unless otherwise noted)

For the Three Months Ended

For the Six Months Ended

June 30,

June 30,

June 30,

June 30,

2024

2025

2024

2025

Reconciliation of net profit/(loss) to non-GAAP net profit

Net profit/(loss)

3,128

12,587

(415)

23,604

Add: Share-based compensation expenses

15,409

7,479

31,223

15,754

Add: Credit-related impairment of long-term investments

189

27

189

27

Add: Litigation costs

2,100

2,100

Non-GAAP Net profit

20,826

20,093

33,097

39,385

Non-GAAP Net margin

28.4 %

25.1 %

24.5 %

25.4 %

Weighted average number of ordinary shares used in

 computing non-GAAP net profit per share

 – Basic

559,710,445

608,529,487

559,421,815

608,348,598

 – Diluted

592,735,568

610,477,980

591,970,099

610,414,036

Non-GAAP net profit per share attributable to

 ordinary shareholders

 – Basic

0.04

0.03

0.06

0.06

 – Diluted

0.04

0.03

0.06

0.06

 

Foxit Expands in Australia with Local Cloud Server to Support Performance and Onshore Data Requirements

Faster Load Times, More Responsive Applications, and Importantly, A Way For Customers to Keep Their Data Onshore – Within Australian Legal Jurisdiction

FREMONT, Calif., Aug. 27, 2025 /PRNewswire/ — Foxit, a leading provider of innovative PDF and eSignature products and services, helping knowledge workers to increase their productivity and do more with documents, today announced the launch of a dedicated cloud server in Australia, expanding its presence to better support local customers – especially those working in industries with strict data privacy and compliance standards. The move brings Foxit’s award-winning cloud-based PDF and eSignature tools much closer to users across Australia and New Zealand. It means faster load times, more responsive applications, and importantly, a way for customers to keep their data onshore – within Australian legal jurisdiction.

Foxit
Foxit

Features/Benefits of the New Australian-Based Server:

  • Faster access, less waiting. With data staying closer to home, users will notice quicker load times and smoother performance across Foxit’s cloud-based tools.
  • Keeps your data onshore. For industries that require it, like healthcare, finance, or government, your documents and sensitive info stay within Australia’s borders.
  • Enables compliance. The new infrastructure supports local data privacy and residency rules/regulations – making it easier for organizations to meet regulatory requirements without jumping through hoops.
  • Ensures reliability. Having a server in-region means better uptime, faster recovery, and fewer disruptions if something goes wrong.
  • Built for what’s next. Whether a small business or a larger enterprise the infrastructure is designed to scale with needs, without compromising performance or privacy.

“Bringing our intelligent PDF and document management solutions even closer to Foxit’s Australian customers is a significant milestone, reflective of our ongoing commitment to increasing trust and globalization,” said Andrew Travis, Chief Revenue Officer (CRO), Foxit. “By hosting data locally, we are significantly improving performance and reliability and ensuring our customers meet stringent regulatory requirements.”

This strategic expansion is part of Foxit’s ongoing global initiative to optimize its cloud infrastructure, ensuring that users worldwide benefit from localized, high-performance, and secure digital document solutions. Australian customers can now leverage Foxit’s full suite of PDF tools, from secure document collaboration to advanced editing and e-signature capabilities, with the added advantages of local cloud hosting.

About Foxit
Foxit is a leading provider of innovative PDF and eSignature products and services, helping knowledge workers to increase their productivity and do more with documents. Foxit delivers easy-to-use desktop software, mobile apps, and cloud services that allow users to create, edit, fill, and sign documents through its integrated PDF Editor and eSign offerings. Foxit enables software developers to incorporate innovative PDF technology into their applications via powerful, multi-platform Software Developer Kits (SDK).

Foxit has sold to over 640,000 customers, ranging from SMBs to global enterprises, located in more than 200 countries. The company has offices worldwide, including locations in the U.S., Europe, Australia, and Asia. For more information, please visit https://foxit.com.

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