Yalla is a gaming company

Yalla kicks off new chapter with new midcore games

The Middle Eastern social media and gaming company plans to launch its first two midcore games this quarter, with another self-developed ‘roguelike game’ to follow Key Takeaways: Yalla revealed it…

BRIEF: Jihong surges in Hong Kong trading debut

Shares of cross-border social e-commerce and paper packaging company Xiamen Jihong Co. Ltd. (2603.HK, 002803.SZ) soared in their Hong Kong trading debut on Tuesday, opening 43% higher and continuing to rise…
iQiyi does entertainment

BRIEF: Weibo profit doubles as AI search gains traction

Social media platform Weibo Corp. (WB.US; 9898.HK) on Wednesday reported first-quarter revenue of $396.9 million, flat year-on-year, while its net profit surged 116% to $107 million. On a non-GAAP basis,…
Weibo is a social media app

Stagnating Weibo at existential moment

One of China’s earliest social media companies said most of its major metrics were flat in its latest quarterly report, as it remains reliant on advertising for 85% of its…