VanTop’s sub-brand Kyvol better conveys its value of love, connection, and resonance through its partnership with Tuya.

DÜSSELDORF——Dec. 25, 2020—Tuya Smart, a leading global AI+IoT (AIoT) Development Platform, and VanTop, a global retail enterprise that is well-known for its independent R&D and product innovation, declared a new partnership which they found feasible and beneficial for both parties.

VanTop was initially founded in September 2017 and the next three years has witnessed an incredibly quick growth of its scale and fame. It has obtained 300 million RMB for Round A Financing in the fourth quarter of 2020, invested exclusively by Sequoia China.

Kyvol is one of VanTop’s sub-brands, focusing mainly on home appliances. The value of Kyvol is love, connection, and resonance existing between the brand and its customers, which provides continuous inspiration for innovation and highlights its immediate needs for technology. Tuya, among all the other competing brands, was the most suitable partner with its developer platform and enterprise philosophy.

Tuya is a global Cloud Development Platform and a leading AI+IoT Developer Platform that connects the intelligent needs of consumers, manufacturers, brands, OEMs, and retail chains. They provide over 230,000 developers around the world with more than 200,000 products. Now, Powered by Tuya products can be found in more than 190 countries in over 100,000 online and offline sales channels globally.

“Kyvol represents our emphasis on satisfying the differentiated needs of different regions and users,” said Vincent Zheng, CEO from VanTop. “Since we are setting up offices in Canada, Europe, and other regions to improve after-sales service, explore channel resources, seek brand cooperation, and strengthen the localized operation, we definitely need Tuya as our companion and our cooperation will undoubtedly be mutual-beneficial.”

Under the newly forged agreement, Kyvol will rely on the advantages of Tuya’s development platform to help establish its consumer ecology and maximize its business value through its “1+N” plan, in which the 1 represent its focus on providing consumers with a better life experience and the N indicates a variety of advantageous stratification and choices of product categories under multiple dimensions and scenarios.

“As a widely-recognized enterprise on Amazon in Europe and the United States, VanTop’s achievements in B2C can not only bring to Tuya new visions of the industry but also expand Tuya's business map,” said Tina Yu, General Manager of Tuya Eurasia.

About VanTop

VanTop was established in September 2017. It is an influential retail enterprise in the globe with the ability of independent R & D and product innovation. After three years of its rapid growth, it has obtained 300 million RMB of Round A Financing invested by Sequoia China. It is now constructing a brand matrix aiming to establish consumer ecology and maximize business values, providing consumers with a better life experience with diversified advantageous stratification and choices of brands and categories under different circumstances.

About Tuya Smart

Tuya Smart is a leading global AIoT platform provider 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 200,000 products in hundreds of categories worldwide, serving over 230,000 developers globally. Tuya is internationally operated with headquarters in the U.S., Germany, India, Japan, Colombia, and China.

For more information, please visit: Tuya's website, LinkedIn, Facebook, Twitter or YouTube.