Yalla

YALLA ALERT: Bragar Eagel & Squire, P.C. is Investigating Rocket Companies, Inc. on Behalf of Yalla Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Tuesday, May 25, 2021
Legal, Professional services, Yalla, Yala, United States Securities Regulation, New York Stock Exchange, Security, Finance, Yalla, Yala, United States Securities Regulation, New York Stock Exchange, Security, Finance

Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Yalla Group Limited (NYSE: YALA) on behalf of Yalla stockholders.

Key Points: 
  • Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Yalla Group Limited (NYSE: YALA) on behalf of Yalla stockholders.
  • Our investigation concerns whether Yalla has violated the federal securities laws and/or engaged in other unlawful business practices.
  • On May 19, 2021, Swan Street Research (Swan Street) published a report addressing Yalla, entitled Is Yalla Group a Multi $B Fraud?
  • The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country.

Yalla Group Limited Announces up to US$150 Million Share Repurchase Program

Retrieved on: 
Friday, May 21, 2021
Magazines, Songs, McGill University, Yalla, Forward-looking statement, Publications

Yalla has a solid business model and monetization model which have been delivering strong revenue and profit, leading to solid cash balance.

Key Points: 
  • Yalla has a solid business model and monetization model which have been delivering strong revenue and profit, leading to solid cash balance.
  • The Company\'s board of directors will review the share repurchase program periodically, and may authorize adjustment of its terms and size.
  • Statements that are not historical facts, including statements about Yalla Group Limited\'s beliefs and expectations, are forward-looking statements.
  • Further information regarding these and other risks is included in Yalla Group Limited\'s filings with the SEC.

Yalla Group Limited Responds to Short Attack Reports

Retrieved on: 
Thursday, May 20, 2021
Songs, Magazines, Yalla, Yala, Forward-looking statement

b'DUBAI, UAE, May 19, 2021 /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 that it became aware of certain short attack reports that contain numerous errors and distorted, misleading and unsubstantiated claims regarding the Company.

Key Points: 
  • b'DUBAI, UAE, May 19, 2021 /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 that it became aware of certain short attack reports that contain numerous errors and distorted, misleading and unsubstantiated claims regarding the Company.
  • These short attack reports also illustrated their authors\' lack of understanding of the Company\'s business model and the feelings and sentiments of the Company\'s user community.
  • Statements that are not historical facts, including statements about Yalla Group Limited\'s beliefs, plans and expectations, are forward-looking statements.
  • Further information regarding these and other risks is included in Yalla Group Limited\'s filings with the SEC.

Yalla Group Limited Announces Unaudited First Quarter 2021 Financial Results

Retrieved on: 
Monday, May 10, 2021
Songs, Yalla

b'"We had a stellar first quarter marked by strong results in both operational and financial metrics.

Key Points: 
  • b'"We had a stellar first quarter marked by strong results in both operational and financial metrics.
  • "\nOur revenues were US$67.6 million in the first quarter of 2021, a 221.0% increase from US$21.1 million in the first quarter of 2020.
  • The increase was primarily driven by the widening of Yalla\'s and Yalla Ludo\'s user base and the enhancement in Yalla Group\'s monetization capability.
  • Our average MAUs increased by 206.9% from 6.1 million in the first quarter of 2020 to 18.8 million in the first quarter of 2021.

Yalla Group Limited to Report First Quarter 2021 Financial Results on May 10, 2021 Eastern Time

Retrieved on: 
Wednesday, April 28, 2021
Software, Operating systems, Instant messaging clients, Communication software, Cross-platform software, Computer architecture, Draft:Yalla Group Limited, Chat, Social networking service, Yalla, Line

b"Yalla Group Limited is the leading voice-centric social networking and entertainment platform in the Middle East and Northern Africa (MENA).

Key Points: 
  • b"Yalla Group Limited is the leading voice-centric social networking and entertainment platform in the Middle East and Northern Africa (MENA).
  • Voice chats are more suitable to the cultural norms in MENA compared to video chats.
  • The Company also operates Yalla Ludo, a mobile application featuring online versions of board games that are highly popular in MENA, such as Ludo and Domino.
  • In-game real-time chats and Ludo chat room functions are popular social networking features among users.

Yalla Group Limited Files 2020 Annual Report on Forms 20-F

Retrieved on: 
Friday, April 2, 2021
Magazines, Financial markets, American depositary receipt, Yalla, U.S. Securities and Exchange Commission, Mass media in Canada, Draft:Yalla Group Limited

The annual report can be accessed on Yalla's investor relations website at http://ir.yallatech.ae/ and on the SEC's website at www.sec.gov .

Key Points: 
  • The annual report can be accessed on Yalla's investor relations website at http://ir.yallatech.ae/ and on the SEC's website at www.sec.gov .
  • The Company will also provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and American Depositary Share holders upon request.
  • Yalla Group Limited is the leading voice-centric social networking and entertainment platform in the Middle East and Northern Africa (MENA).
  • The Company also operates Yalla Ludo, a mobile application featuring online versions of board games that are highly popular in MENA, such as Ludo and Domino.

Yalla Group Limited to Report Fourth Quarter and Full Year 2020 Financial Results on March 15, 2021 Eastern Time

Retrieved on: 
Monday, March 1, 2021
Software, Operating systems, Instant messaging clients, Communication software, Cross-platform software, Computer architecture, Draft:Yalla Group Limited, Chat, Social networking service, Line, Yalla

Yalla Group Limited is the leading voice-centric social networking and entertainment platform in the Middle East and Northern Africa (MENA).

Key Points: 
  • Yalla Group Limited is the leading voice-centric social networking and entertainment platform in the Middle East and Northern Africa (MENA).
  • Voice chats are more suitable to the cultural norms in MENA compared to video chats.
  • The Company also operates Yalla Ludo, a mobile application featuring online versions of board games that are highly popular in MENA, such as Ludo and Domino.
  • In-game real-time chats and Ludo chat room functions are popular social networking features among users.

Fandom Announces Marketing Program with Yalla Esports

Retrieved on: 
Thursday, February 25, 2021
eSports, Video game culture, Yalla

Furthermore, Yalla Esports serves as a key launching point for major brands looking to raise brand awareness amongst Esports fans in the MENA region.

Key Points: 
  • Furthermore, Yalla Esports serves as a key launching point for major brands looking to raise brand awareness amongst Esports fans in the MENA region.
  • "We are absolutely privileged to be working with Yalla Esports and Kluas's roster of professionals and influencers who represent one of the most exciting markets in the world for Esports and Esports fans.
  • In light of the active marketing activities being undertaken by Yalla Esports, Klaus Kajetski will be resigning his Board of Directors position effective immediately.
  • Mr. Kajetski, through Yalla Esports or other affiliated entitles will assist the Company with ongoing marketing and business development initiatives in the MENA region.

Yalla Group Limited Announces Appointment of Independent Director

Retrieved on: 
Monday, February 1, 2021
Magazines, Yalla, Miniso, Forward-looking statement, Retailing, Mass media in Canada

In addition, Ms. Xu has been serving as an independent director of MINISO Group Holding Limited (NYSE: MNSO).

Key Points: 
  • In addition, Ms. Xu has been serving as an independent director of MINISO Group Holding Limited (NYSE: MNSO).
  • Yalla Group Limited is the leading voice-centric social networking and entertainment platform in the Middle East and Northern Africa (MENA).
  • Statements that are not historical facts, including statements about Yalla Group Limited's beliefs, plans, and expectations, are forward-looking statements.
  • Further information regarding these and other risks is included in Yalla Group Limited's filings with the SEC.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Yalla Group Limited - YALA

Retrieved on: 
Sunday, November 22, 2020
Magazines, Yalla, Abraham Pomerantz, American depositary receipt, Pomerantz, Yala, ADSS, New York Stock Exchange, Finance, Mass media in Canada

NEW YORK, Nov. 22, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Yalla Group Limited (Yalla or the Company) (NYSE:YALA).

Key Points: 
  • NEW YORK, Nov. 22, 2020 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Yalla Group Limited (Yalla or the Company) (NYSE:YALA).
  • On or around September 30, 2020, Yalla conducted its initial public offering (IPO), issuing 18.6 million American depositary shares (ADSs) priced at $7.50 per ADS.
  • Then, on November 9, 2020, post-market, Yalla issued a press release announcing its unaudited financial results for the third quarter of 2020.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions.