Hello Pal Announces Strong Quarterly Revenue

Highlights: Highlights: For the livestreaming operations, the Company continued to experience a significant increase in revenues from non- Chinaterritories compared to 2020 – in particular theMiddle EastandSoutheast Asiaoperations which continue to improve in performance.  As the Company continually increases the percentage of livestreaming revenues from outside ofChina, it expects that the reliance onChinalivestreaming revenues will continue to decrease.  For the...

VANCOUVER, BC, 08/02/2022 (informazione.news - comunicati stampa - spettacolo)

For the livestreaming operations, the Company continued to experience a significant increase in revenues from non- China territories compared to 2020 – in particular the Middle East and Southeast Asia operations which continue to improve in performance.  As the Company continually increases the percentage of livestreaming revenues from outside of China , it expects that the reliance on China livestreaming revenues will continue to decrease. 

For the crypto-mining operations, the 12,500 Litecoin/Dogecoin mining rigs operated with a gross profit of $1,869,865 since May 2021.  The Company and Shanghai Yitang, the Company's partner in cryptocurrency mining, elected to relocate its mining operations to the state of New York and other parts of the United States .

To download Hello Pal, Language Pal, Travel Pal or the proprietary Phrasebooks please visit the IOS or Android store. For information with respect to the Company or the contents of this news release, please contact the Company at (604) 683-0911 or visit the website at hellopal.com. Email inquiries can be directed to: investors@hellopal.com.

The Hello Pal Platform is a proprietary suite of mobile applications built on a user-friendly messaging interface that focus on social interaction, language learning and travel. Hello Pal, has been designed from the ground up to be easy to use and enables users' the freedom to speak in their own language regardless of the other person's language they are speaking to. Hello Pal's overriding mission is to bring the world closer together through social interaction, language learning and travel. By creating a platform where it is easy to instantly interact with others around the world and giving them the tools to communicate with each other in a joyful and fun way, we hope to do our part (however small) in fostering understanding and tolerance between all citizens of the world.

 

Hello Pal International
200 – 500 Denman Street
Vancouver, BC , V6G 3H1, Canada
p 604-683-0911

Logo: https://mma.prnewswire.com/media/1561286/Hello_Pal_Logo_Logo.jpg