It's a Rails app trying to load hundreds of different bits of data (emojis, comments, votes on comments, etc.), I'd honestly be more surprised if it were quick.
These kind of things, by nature, are difficult to cache because the balance between “fresh” new content and how often they are accessed leans heavily towards having it served from the backend directly.
https://imgur.com/a/uxaU0h8
How is GitLab still this slow?