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Benzinga
Benzinga
Technology
The Bamboo Works

After Rising to Fame as Hot Audio Social App, Yalla Finds New Role Model in Facebook

Key Takeaways:

  • Yalla said its first-quarter revenue rose 6.9% to a record $72.3 million, as strong gains for its game services offset a first-time decline for its core voice business
  • Company is launching a wide array of new initiatives, including an instant messaging app and its first-ever hardcore game, in a bid to become more diversified
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