UAE-based Yalla: From high-flyer to short seller target
Shares of Yalla have been targeted by short sellers who question the app’s user numbers.
Source: aljazeera.com
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Yalla Showed Promise as UAE's First Tech Unicorn. Then Came the Short Sellers
(Bloomberg) -- It was hailed as the first tech unicorn from the United Arab Emirates in its debut on the New York Stock Exchange and touted as the “Clubhouse of the Middle East.” But these days, Yalla Group Ltd.
Source: bloombergquint.com