Business
Hello Pal Announces New Record of $2,114,000 in Revenue for December 2020
Hello Pal Announces New Record of $2,114,000 in Revenue for December 2020 Canad...
About this update from Hello Pal International, Inc.
[{"type":"text","content":"\n \n \n \n Hello Pal Announces New Record of $2,114,000 in Revenue for December 2020\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, British Columbia\n \n ,\n \n Jan. 6, 2021\n \n /CNW/ -\n \n Hello Pal International Inc.\n \n (\"Hello Pal\" or the \"Company\") (CSE:HP Frankfurt:27H OTC:HLLPF), a provider of rapidly growing international live-streaming, social messaging and language learning mobile apps, is pleased to announce that it achieved over\n \n $2,114,505\n \n CAD (\n \n 10,848,046 CNY\n \n ) in revenue for the month of December.\n \n \n \n \n Livestreaming Service\n \n \n \n \n Hello Pal's livestreaming service achieved yet another significant milestone in revenue for the month of December. Operating under a CAD/CNY exchange rate of 5.13 as of\n \n January 2, 2021\n \n , the company earned record revenue of\n \n $2,114,505\n \n CAD.   This represents a 26% increase over the previous record high revenue in\n \n November 2020\n \n .\n \n \n The livestreaming service continues to be the main driving force providing a steady and growing source of revenues for the company. For 2020, Hello Pal has seen an average revenue of approximately\n \n $1,000,000\n \n CAD. (see chart below).\n \n \n \n \n \n \n \n \n \n \"Our strong revenue growth reflects our focus on experience as well as our ability to roll out new products and features.\" said KL Wong, Founder and Chairman of the Company.\n \n \n \n \n User Base Performance\n \n \n \n \n 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.\n \n \n 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.\n \n \n To download Hello Pal, Language Pal, Travel Pal or the proprietary Phrasebooks please visit the IOS or Android store. For information wi...