Precio Yalla Group Ltd (YALA)

Yalla Group Ltd. is an online social networking and gaming company. The company is headquartered in Dubai, Dubai and currently employs 815 full-time employees. The company went IPO on 2020-09-30. The firm through its subsidiaries is operating in one segment, which is the social networking and entertainment platform. The firm operates a voice-centric social networking and entertainment platform in the Middle East and North Africa region. The Company’s mobile application, Yalla facilitates online voice-based chatting among users or voice live streaming, and Yalla Ludo provides a platform for board games such as Ludo and Domino. The platform allows individual users free access to the basic functions on the platform. The firm operates its business through Yalla United Arab Emirates (UAE), Hangzhou Yale and Shenzhen Moov. Yalla UAE functions as its primary business operation center and engages in sales, marketing, customer service and other business operations. Hangzhou Yale performs technology and product development functions.