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Yalla records stable revenue, prepares for next growth stage

The social networking and gaming company’s revenue rose despite one-off impact from the World Cup in Qatar, as it continued sowing the seeds for its next stage of growth.

This article only represents the author's own views.

Remember that feeling the last time you flew, how the plane climbed sharply at first at takeoff, then leveled off briefly at cloud-level, before climbing steeply again to your cruising altitude?

That’s the feeling you get in the latest financial report from Middle East-based social networking and gaming company Yalla Group Ltd. (YALA.US), which seems to be entering a “leveling out” phase as it fuels up for what it hopes will be an upcoming climb to its cruising altitude. The company spent much of last year planting the seeds to resume its early breakneck growth that slowed last year.

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咏竹坊(官网链接)提供在香港和美国上市的manbetx3.0 企业相关新闻,重点关注中小企业和筹备上市的公司。

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