Yalla profit zooms on gaming jump, enhanced efficiency
The Middle Eastern social media company posted record revenue in the third quarter, as its profit jumped 44% on cost controls and strong gaming revenue gains Yalla’s revenue rose 6.4%…
Tagging Facebook, Chat Operator Yalla Discloses New ‘Metaverse’ App
Social media company likened to ‘Clubhouse of the Middle East’ said it could launch its ‘cutting-edge social app’ as soon as the first quarter of 2022 Key Takeaways: Yalla discloses…
Clubhouse Tech Partner Agora Gets Wings Clipped in China Crossfire
Company’s shares have tumbled more than two-thirds from a February high on concerns related to its China roots Key Takeaways: Agora’s latest quarterly results show shortfalls in its earnings and…