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Hello Pal Announces New Record of $1,550,000 in Revenue for November 2020
Hello Pal's livestreaming service achieved yet another significant milestone in revenue for the month of November. Operating under a CAD/CNY exchange rate of 5.08 as of Dec 3, 2020 , the company earned record revenue of $1,550,000 CAD.
The livestreaming service continues to be the main driving force providing a steady and growing source of income for the company. For 2020, Hello Pal has seen an average revenue of approximately $1,000,000 CAD. (see chart ).
"Another significant milestone reached as our business continues to grow and evolve, we are pleased to reach a new all-time high for the company. We will continue to refine our user experience, roll out new products and features, and operate in increasingly efficient manner as Hello Pal continues its growth plans," said KL Wong, Founder and Chairman of the Company.
As of the date of the news release, Hello Pal's registered user base is over 5.2 million users from over 200 countries and regions. The positive increase in registered users continues to be driven by our livestream service.
The livestreaming service continues to be active with over 15,000 active daily users interacting with one another. This is an increase of 5,000 daily users from previously reports from the company.
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.
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Photo: https://mma.prnewswire.com/media/1372892/Hello_Pal_Receipts_Chart.jpg