And the product is now generating not only revenue, but also gross profit. That’s excellent sign. And we are doing more work on booking the installation of this product. We look forward to sharing more details with you in next quarter. Thank you. Thank you, Xueqing.
Xueqing Zhang: Thank you. Thank you, Karen.
Operator: Thank you. Our next question will be from Chenghao Li of CICC. Please go ahead.
Chenghao Li: Hi, management for taking my question and congratulations on another solid quarter. I have two questions. Could management please share some color or change on the competitive landscape in the MENA region. And secondly, we can see the paying ratio continues to improve in recent quarters. So how should we expect the Yalla’s paying ratio and ARPU to change in the future?
Karen Hu: Thank you, Chenghao, and good morning. And we mentioned last quarter, the MENA emerging market with great potential. We started our business here six years ago. And as a leading company in the region, we have achieved certain milestones that have been also recognized by the industry. In recent years, many strong Internet peers have entered the market, such as and some mobile gaming apps. It’s exciting. And it’s also a template to region’s market potential, in fact growing business in more and more investors are now setting this market, which is very important for the industry other — and I want to reiterate that competition is never back. It’s expensive to refine our product design were from our users, reporting new technologies and industry change and to drive innovation. As a leading player in this region, we will take proactive step to examine our position and remain comforted in our competition after all these years. Thank you, Chenghao,
Chenghao Li: Thank you.
Operator: Thank you. The next question will from Yulin Zhong of Haitong International. Please go ahead.
Yulin Zhong: Thank you. Thanks for taking my question. I have two questions. Number one, could you share more color on the macro impact in MENA area? And how could that impact your cement going forward? And the number two, as you saw some day incurring June results in your refined operational strategy. So could you elaborate more about your user metrics team and operating to try to change in the negative products, such as Yalla change? Thank you.
Tao Yang : Good morning. Good morning, and I will take these two questions. Last quarter, we mentioned that MENA’s macro environment is improving compared to the previous year. COVID is easing and oil price are also rising. After another quarter, we are still not seeing big changes. I think continuously remains confident — if we look at our product performance, we delivered another quarter of record high revenue. Our momentum is strong so far. Also, we are seeing government paying more attention to specificating the development of the digital economy. Second, such as Baloot, Yalla Sport Yarchis are hot topic and are getting more attention and resources than before. I believe these are good signs. And about our user metrics and operation strategy in our products.
Yalla Ludo our flagship applications serving our group’s main revenue contributors and their operations and development are significantly important to the company’s performance every quarter for Q4 and next year. We will continue with our operational refinement strategy. In terms of our user acquisition strategy, as just mentioned, the pace will be similar to the Yalla and Yalla Ludo will still play crucial roles in Yalla group development next year. Thank you, Yulin.
Yulin Zhong: Thank you. Best of luck.
Operator: Thank you. The next question will be from Zemin Chen of Huafu Securities. Please go ahead.
Q €“ Zemin Chen: Good morning, gentlemen. Thank you for good performance. I have a question about the traffic in our ecosystem and can management share how traffic is connected and coverage across the different apps. Thank you.
