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Compare · SHOP vs TUYA

SHOP vs TUYA

Side-by-side comparison of Shopify Inc. (SHOP) and Tuya Inc. (TUYA): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both SHOP and TUYA operate in Computer Software: Prepackaged Software (Technology), so they compete in similar markets.
  • SHOP is the larger of the two at $109.55B, about 74.4x TUYA ($1.47B).
  • Over the past year, SHOP is up 27.7% and TUYA is up 8.4% - SHOP leads by 19.4 points.
  • TUYA has been more active in the news (5 items in the past 4 weeks vs 2 for SHOP).
  • SHOP has more recent analyst coverage (25 ratings vs 4 for TUYA).
PerformanceSHOP+27.72%TUYA+8.35%
2025-04-28+0.00%2026-04-24
MetricSHOPTUYA
Company
Shopify Inc.
Tuya Inc.
Price
$125.89+1.30%
$2.40+4.58%
Market cap
$109.55B
$1.47B
1M return
+6.29%
-1.84%
1Y return
+27.72%
+8.35%
Industry
Computer Software: Prepackaged Software
Computer Software: Prepackaged Software
Exchange
NYSE
NYSE
IPO
2021
News (4w)
2
5
Recent ratings
25
4
SHOP

Shopify Inc.

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, the United Kingdom, Australia, Latin America, and internationally. The company's platform provides merchants to run their business in various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, and access financing. It also sells custom themes and apps, and registration of domain names. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was incorporated in 2004 and is headquartered in Ottawa, Canada.

TUYA

Tuya Inc.

Tuya Inc. develops Internet of Things (IoT) cloud platform worldwide. The company provides IoT Platform-as-a-Service that enables brands, original equipment manufacturers, and developers to develop, launch, manage, and monetize smart devices and services; industry Software-as-a-Service, which enables businesses to deploy, connect, and manage various types of smart devices. It also offers a wide range of cloud-based value-added services to businesses, developers, and end users to develop and manage IoT experiences. In addition, the company sells finished smart devices. It offers its solutions to smart home, smart business, healthcare, education, agriculture, outdoors and sport, and entertainment industries. The company was incorporated in 2014 and is based in Hangzhou, the People's Republic of China.