Yalla Group Limited Announces Unaudited Fourth Quarter and Full Year 2020 Financial Results
DUBAI, UAE, March 15, 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 its unaudited financial results for the fourth quarter and full year ended December 31, 2020.
Fourth Quarter Ended December 31, 2020 Financial and Operating Highlights
Revenues were US$48.3 million in the fourth quarter of 2020, representing an increase of 150.9% from the fourth quarter of 2019.
- Revenues generated from chatting services in the fourth quarter of 2020 were US$42.6 million. - Revenues generated from games services in the fourth quarter of 202
