DUBAI, UAE, April 26,
2022 /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 published its
inaugural Environmental, Social and Governance (ESG) Report. The
report details the company's 2021 performance and future goals
across four major areas, including governance, environment, trust,
and social factors, highlighting its corporate vision beyond
financial achievements.
"As we continue to advance our vision of building MENA's largest
destination for online social networking and entertainment, we
appreciate more than ever that our responsibility as a
conscientious corporate citizen does not stop at generating
financial profits for our shareholders. We must also prioritize
sustainable operations and strive to create shared value for all of
our stakeholders," said Mr. Yang
Tao, Founder, Chairman and CEO of Yalla. "We firmly believe
that sustainability is an important consideration in our future
development. By reflecting on our ESG performance over the past
year, we aim to develop a holistic understanding of sustainability
within the framework of our business, enabling us to set meaningful
targets going forward and increase our positive impact on
society."
"As a company deeply rooted in MENA's culture and tradition, we
feel a profound obligation to create significant socio-economic
value for the region, and we are certain that our ESG strategy will
help us fulfill that goal," commented Mr. Saifi Ismail, President of Yalla. "2022 is a
year full of promise and potential. In the new year and beyond, we
remain fully committed to maintaining our position as MENA's
leading voice-centric social networking and entertainment platform
while further delivering on our commitment to a sustainable
future."
To view the report in full, please visit:
https://ir.yallatech.ae/esg
About Yalla Group Limited
Yalla Group Limited is the largest voice-centric social
networking and entertainment platform in the Middle East and Northern Africa (MENA). The Company operates
two flagship mobile applications, Yalla, a voice-centric group chat
platform, and Yalla Ludo, a casual gaming application featuring
online versions of board games, popular in MENA, with in-game voice
chat and localized Majlis functionality. Building on the success of
Yalla and Yalla Ludo, the Company has expanded its content,
creating a regionally-focused, integrated ecosystem dedicated to
fulfilling MENA users' evolving online social networking and
entertainment needs. The ecosystem includes YallaChat, an IM
product tailored for Arabic users; WAHA, a social networking
product designed for the metaverse; and games such as Yalla Baloot
and 101 Okey Yalla, developed to sustain vibrant local gaming
communities in the region. Yalla is also actively exploring outside
of MENA, having launched Yalla Parchis, a Ludo game designed for
the South American markets. Yalla's mobile applications deliver a
seamless experience that fosters a sense of loyalty and belonging,
establishing highly devoted and engaged user communities through
close attention to detail and localized appeal that profoundly
resonates with its users. In addition, through its holding
subsidiary, Yalla Games, the Company has expanded its capabilities
in mid-core and hard-core game distribution in the MENA region,
leveraging its local expertise to bring exciting new content to its
users.
For more information, please visit: http://ir.yallatech.ae/
For investor and media inquiries, please contact:
Yalla Group Limited
Investor Relations
Kerry Gao – IR Director
Tel: +86-571-8980-7962
Email: ir@yallatech.ae
The Piacente Group, Inc.
Yang Song
Tel: +86-10-6508-0677
Email: yalla@tpg-ir.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
Email: yalla@tpg-ir.com
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SOURCE Yalla Group Limited