This article only represents the author's own views.
The game is on for Yalla Group Ltd. (YALA.US), a leading social media company focused on the Middle East, as well as developing markets in Turkey and Latin America.
Yalla started out as a social media company, briefly grabbing global headlines for its voice-based functions shortly after its 2020 IPO. But more recently the company has pivoted to games, which were the star of its latest quarterly earnings report released on Monday last week. The company’s gaming business charged ahead with more than 30% revenue growth for the period, as Yalla diversifies into more hardcore games from its older focus on casual gamers.
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