Yalla Group Limited
| General Information | |
| Business: | We are the largest voice-centric social networking and entertainment platform in MENA as measured by revenue in 2019, according to the Frost & Sullivan Report. We have built a large and vibrant Yalla community. In the second quarter of 2020, approximately 12.5 million users visited our platform on average each month; they spent a total of 309.5 million hours in our live voice chat rooms, or Yalla rooms, and played a total of 407.2 million rounds of casual games on Yalla Ludo. The number of paying users on our platform was 5.4 million in the second quarter of 2020. On average, active users of Yalla and Yalla Ludo spent approximately 4.5 hours and 1.4 hours on our platform every day in the second quarter of 2020, respectively. |
| Industry: | Services - Computer Programming |
| Employees: | |
| Founded: | 2016 |
| Contact Information | |
| Address | #238, Building 16, Dubai Internet City Dubai, United Arab Emirates |
| Phone Number | +971-4-587-7388 |
| Web Address | |
| View Prospectus: | Yalla Group Limited |
| Financial Information | |
| Market Cap | $948.0mil |
| Revenues | $89.79 mil (last 12 months) |
| Net Income | $42.84 mil (last 12 months) |
| IPO Profile | |
| Symbol | YALA |
| Exchange | NYSE |
| Shares (millions): | 18.6 |
| Price range | $7.50 - $7.50 |
| Est. $ Volume | $139.5 mil |
| Manager / Joint Managers | Morgan Stanley/ Haitong International/ Tiger Brokers |
| CO-Managers | |
| Expected To Trade: | 9/30/2020 |
| Status: | Priced |
| Quiet Period Expiration Date: | Available only to Subscribers |
| Lock-Up Period Expiration Date: | Available only to Subscribers |
| SCOOP Rating | Available only to Subscribers |
| Rating Change | Available only to Subscribers |