Yalla Group (YALA) has released an update.
Yalla Group Limited reported a successful third quarter in 2024, with revenues climbing to a record $88.9 million, representing a 4.4% increase from the previous year. The company’s net income rose by 11.2% to $39.2 million, bolstered by a 14.5% rise in monthly active users and a 12% increase in paying users. This strong performance underscores Yalla’s strategic focus on localization and new gamification features that continue to enhance their user base and monetization capabilities.
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