專欄詠竹坊

Yalla tilts to gaming sector with emphasis on maintaining profits
重點發展遊戲業務,雅樂科技強調保盈

The MENA-based social networking and gaming company has launched its first hard-core role-playing game, and announced a simulation game will follow soon.
這家總部位於中東和北非地區的社交網路和遊戲公司推出首款硬核角色扮演遊戲,並宣佈很快還將上線一款模擬遊戲。

At a time when the global tech sector has rallied after a terrible 2022, the MENA-based social networking and gaming company Yalla Group Ltd. (YALA.US) is on a bit of cruise control, including in terms of its share price. As global internet giants like Facebook parent Meta (META.US) and Tencent (0700. HK) have price-to-earnings (P/E) ratios in the solid double-digit range, Yalla’s ratio of 8.62 seems quite low for a company that looked like a strong high-growth bet at the time of its September 2020 IPO.

在全球科技行業經歷了不堪回首的2022年、並集體反彈之際,總部位於中東和北非的社交和遊戲公司雅樂科技(YALA.US)卻處於定速巡航狀態,包括在股價方面。由於Facebook母公司Meta(META.US)和騰訊控股(0700.HK)等全球網路巨擘的本益比都穩定在兩位數範圍內,雅樂科技8.62倍的本益比似乎相當低,它在2020年9月上市時,看上去像是一個強勁的高成長選擇。

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