Yalla Group’s net income increased by 56.2% in Q1, with a net income margin of 39.5%DUBAI, UAE, May 25, 2024 /EINPresswire.com/ -- Yalla Group (NYSE: YALA) delivered an impressive scorecard in Q1 2024. The company has successfully created products such as Yalla, Yalla Ludo, WeMuslim, 101 Okey Yalla, etc., which gains vast and valuable experience. Building on the success of Yalla and Yalla Ludo, the Company continues to add engaging new content. The company unveiled multiple offerings like 101 Okey Yalla, Yalla Baloot, and Yalla Parchis, cementing a social + gaming development model. Last quarter, Yalla Group hosted the inaugural Yalla Ludo offline tournament in Riyadh, attracting over 150,000 online registrants, with 32 players ultimately advancing to the offline finals.

Source: The North Africa Journal May 25, 2024 14:42 UTC