Yalla Generates Record Second Quarter Revenue, Moves Ahead with New Initiatives

Company’s latest results show a strong rebound as it moves ahead on a wide range of initiatives aimed at recapturing its former days of explosive growth Key Takeaways: Yalla generated record revenue in the second quarter despite a month-long Ramadan holiday, thanks to better user monetization and cost controls Company bolstered its position in its home market with the naming of a former UAE telecoms chief as a new independent director By Doug Young After starting as a voice-focused social networking service, Yalla Group Ltd. (YALA.US) is trying to take…

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After Rising to Fame as Hot Audio Social App, Yalla Finds New Role Model in Facebook

Emerging markets-focused social media company details several new initiatives in its latest quarterly report as it diversifies beyond its core voice-based services Key Takeaways: Yalla said its first-quarter revenue rose 6.9% to a record $72.3 million, as strong gains for its game services offset a first-time decline for its core voice business Company is launching a wide array of new initiatives, including an instant messaging app and its first-ever hardcore game, in a bid to become more diversified By Doug Young It burst onto investor radar screens with comparisons to…

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New Energy Lands as Hottest Category Among Chinese Concept Stocks in 2021 – Bamboo Works Special Report

Investors kept a close look at China’s solar and wind power stocks last year, but were least interested in the hobbled education sector By Bamboo Works team Chinese concept stocks experienced unprecedented challenges in the Year of the Ox. The small and mid-sized companies covered by Bamboo Works were no exception, also coming under intense pressure. Looking past their stock prices and financial reports, how did these companies perform in terms of media and investor attention? Which companies stood out despite all the pressures? Our special report highlights such trends…

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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 it is working on a cutting-edge ‘social metaverse’ app that could launch as soon as early 2022 Company makes announcement as it reports its revenue and profit doubled in this year’s third quarter, sparking a rally for its shares By Doug Young It’s been a roller coaster ride for Yalla Group Ltd. (YALA.US) in the year since the audio chat…

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China-based Middle East ‘Clubhouse’ Yalla: Unicorn or Just Empty Talk?

Company’s shares have gyrated wildly since its 2020 IPO, soaring on comparisons to popular U.S. voice chat app before plunging last week after short-seller attack •      Yalla lost nearly all gains for 2021 following short seller attack, even after it refuted the allegations and announced a stock repurchase program •      Analysts general upbeat on Dubai-based company as it posted triple-digit revenue and profit growth in its latest quarter       By Alice Leung Chinese-founded Yalla Group Ltd. (NYSE:YALA), often likened to a Middle East version of U.S. voice-centric social networking sensation…

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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…

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