PR NEWSWIRE - May 12 - Yalla, the voice-centric social networking and entertainment platform in the Middle East and North Africa (MENA), announced its unaudited financial results for Q1 ended March 31, 2021. Revenues were $67.6M, representing an increase of 221.0% from Q1 of 2020. Revenues generated from chatting services were $54.8M. Revenues generated from games services were $12.8M. Net income was $19.8M, and net margin was 29.3%, representing an increase of 114.6%. Non-GAAP net income was $33.6M, representing an increase of 263.7%. The non-GAAP net margin was 49.7%. Average MAUs increased by 206.9% to 18.8M from 6.1M. The number of paying users increased by 260.4% to 5.8M from 1.6M.