Yalla Group Limited (YALA)
Yalla Group Limited operates in the Software - Application industry of the Technology sector, headquartered in Dubai, DU, AE. The stock last traded at $5.39, up 0.19% on the session, giving a market capitalisation of $832.2M. On trailing twelve-month figures it carries a trailing P/E of 5.80, a net margin of 42.0%. Its beta of 0.44 implies it has historically moved less than the broad market.
Yalla Group Limited, together with its subsidiaries, operates a social networking and gaming platform in the Middle East and North Africa region. The company offers mobile applications, including Yalla, a voice-centric group chat platform; and Yalla Ludo, a casual gaming application. Its platform provides group chatting and games services; and consume virtual currencies to purchase virtual items, as well as provides upgrade services. The company was formerly known as FYXTech Corporation. Yalla Group Limited was founded in 2016 and is headquartered in Dubai, the United Arab Emirates.
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