Yalla Group Limited (YALA) Reports Q3 Loss of $0.43 on Revenues of $33.8M
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Yalla Group Limited Announces Unaudited Third Quarter 2020 Financial Results
November 9, 2020 5:00 PM ESTDUBAI, UAE, Nov. 8, 2020 /PRNewswire/ -- Yalla Group Limited ("Yalla" or the "Company") (NYSE: YALA), the leading voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA), today announced its unaudited financial results for the three months ended September 30, 2020.
Third Quarter Ended September 30, 2020 Financial and Operating Highlights
Our revenues were US$33.8 million in the third quarter of 2020, representing an increase of 90.4% from the third quarter of 2019.- Revenues generated from chatting services in the third quarter of 2020 were... More