IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

IPOs and Catalysts/Events

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/yalla-group-ltd" target="_blank" data-smartkarma-citation="entities:29286:1" rel="noopener">Yalla Group Ltd (YALA US)</a> is the largest voice-centric social networking and entertainment platform in MENA as measured by revenue in 2019, according to Frost &amp; Sullivan. The flagship mobile application, <em>Yalla</em>, allows users to spend their leisure time in casual chats. <em>Yalla Ludo</em> enables users to play simple board games that are highly popular in MENA, such as Ludo and Domino. Yalla has filed for an NYSE IPO to raise $100 million. </p><div class="content-highlight"><p>Yalla is a play on the significant demand-supply imbalance for online social networking and entertainment options in MENA. The imbalance is in part due to only a few online social networking and entertainment platforms localising their Arabic user interfaces for MENA culture. Localised appeal enables platforms to build a highly loyal and engaged user community. Overall, we think that Yalla has appealing fundamentals.</p></div>

Yalla Group Ltd (YALA US) is the largest voice-centric social networking and entertainment platform in MENA as measured by revenue in 2019, according to Frost &amp; Sullivan. The flagship mobile application, Yalla, allows users to spend their leisure time in casual chats. Yalla Ludo enables users to play simple board games that are highly popular in MENA, such as Ludo and Domino. Yalla has filed for an NYSE IPO to raise $100 million. Yalla is a play on the significant demand-supply imbalance for online social networking and entertainment options in MENA. The imbalance is in part due to only a few online social networking and entertainment platforms localising their Arabic user interfaces for MENA culture. Localised appeal enables platforms to build a highly loyal and engaged user community. Overall, we think that Yalla has appealing fundamentals.

Yalla Group IPO Initiation: Eat, Pray, Chat

Equity Analyst, LightStream Research

Oshadhi Kumarasiri

Equity Analyst

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

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<li>
<a href="https://www.smartkarma.com/entities/yalla-group-ltd" target="_blank" data-smartkarma-citation="entities:29286:1" rel="noopener">Yalla Group Ltd (YALA US)</a> is the largest voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA) region with about 12.5m monthly active users. The company filed for an IPO on the on New York Stock Exchange under the symbol "YALA" and intends to raise about $100m via a primary offering of Yalla Group shares.</li>
<li>The company is headquartered in the UAE and incorporated in the Cayman Islands as an exempted company with limited liability. Additionally, the subsidiaries holding the operating units (business units) are incorporated in the British Virgin Islands.</li>
<li>Moreover, the company is essentially a Chinese company although its operations are focused on the MENA region. Business functions such as technology, product development, marketing and financial reporting are handled by the Chinese subsidiaries. Moreover, the majority of the senior management team are Chinese nationals.</li>
<li>Yalla is expecting to use the IPO proceeds on marketing, technology infrastructure construction, working capital and potential acquisitions.</li>
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Yalla Group Ltd (YALA US) is the largest voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA) region with about 12.5m monthly active users. The company filed for an IPO on the on New York Stock Exchange under the symbol "YALA" and intends to raise about $100m via a primary offering of Yalla Group shares.
The company is headquartered in the UAE and incorporated in the Cayman Islands as an exempted company with limited liability. Additionally, the subsidiaries holding the operating units (business units) are incorporated in the British Virgin Islands.
Moreover, the company is essentially a Chinese company although its operations are focused on the MENA region. Business functions such as technology, product development, marketing and financial reporting are handled by the Chinese subsidiaries. Moreover, the majority of the senior management team are Chinese nationals.
Yalla is expecting to use the IPO proceeds on marketing, technology infrastructure construction, working capital and potential acquisitions.


Yalla Group IPO: Cost Discipline Backtracks As Competition Approaches

United Arab Emirates

Yalla Group Limited provides software solutions. The Company offers platform for online social networking and entertainment activities. Yalla Group serves customers in United Arab Emirates.

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Yalla Group Ltd (YALA US)

Yalla Group IPO Initiation: Eat, Pray, Chat

$ is the largest voice-centric social networking and entertainment platform in MENA as measured by revenue in 2019, according to the Frost &...

Arun George

Yalla Group IPO: Cost Discipline Backtracks As Competition Approaches

Yalla Group Ltd (YALA US) is the largest voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA)...

Oshadhi Kumarasiri

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