Clubhouse-Like Yalla Finds Profits in Audio Chatrooms

Company with China origins avoids controversy by focusing on Middle East, gamers KEY TAKEAWAYS • Investors are viewing Yalla as a trade on the Clubhouse-style audio chatroom craze following its New York IPO. • User growth is coming from chatting gamers, who generated more than half of Yalla’s latest quarterly revenue. By Eric Auchard Two figures leap out from the latest quarterly results of Yalla Group Ltd. (NYSE:YALA), the Middle East’s answer to the Clubhouse audio chatroom craze that has swept the world since its founding in Silicon Valley just…

Read MORE »