Hello Pal Announces $1,500,000 in Revenue for October 2020

    Livestreaming Service Hello Pal's livestreaming service revenue for the month of October was$1,500,000with its Asian subsidiary being cashflow positive (see chart below). "As our business has continued to grow and evolve over recent months, we are pleased to report monthly revenue for the first time. 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...

Vancouver, B.C, 18/11/2020 (informazione.it - comunicati stampa - internet)

 

Hello Pal's livestreaming service revenue for the month of October was $1,500,000 with its Asian subsidiary being cashflow positive (see chart below).

"As our business has continued to grow and evolve over recent months, we are pleased to report monthly revenue for the first time. 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.

The Company is also pleased to report its financial results for the quarter period ended August 31 , 2020.  A copy of the financial statements and management discussion and analysis has been filed on www.sedar.com

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.

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