{"id":492944,"date":"2021-05-13T08:05:43","date_gmt":"2021-05-13T12:05:43","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/hello-pal-announces-2-494-million-monthly-revenue-for-april-2021\/"},"modified":"2021-05-13T08:05:43","modified_gmt":"2021-05-13T12:05:43","slug":"hello-pal-announces-2-494-million-monthly-revenue-for-april-2021","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hello-pal-announces-2-494-million-monthly-revenue-for-april-2021\/","title":{"rendered":"Hello Pal Announces $2.494 Million Monthly Revenue for April 2021"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">VANCOUVER, BC<\/span>, <span class=\"xn-chron\">May 13, 2021<\/span> \/PRNewswire\/ &#8212; <a target=\"_blank\" href=\"http:\/\/investor.hellopal.com\/\" rel=\"nofollow noopener\">Hello Pal International Inc.<\/a> (&#8220;Hello Pal&#8221; or the &#8220;Company&#8221;) (CSE: HP) (<span class=\"xn-location\">Frankfurt<\/span>: 27H) (OTCQB: HLLPF), a provider of rapidly growing international live-streaming, language learning and social-crypto platform, is pleased to announce that it achieved <span class=\"xn-money\">13,140,757 CNY<\/span> (<span class=\"xn-money\">$2,494,456<\/span> CAD) in revenue for the month of <span class=\"xn-chron\">April 2021<\/span>, an increase of approximately <span class=\"xn-money\">1,000,000 CNY<\/span> from the previous month. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder4216\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1508120\/Hello_Pal_Revenues.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1508120\/Hello_Pal_Revenues.jpg\" title=\"Hello Pal Revenues\" alt=\"Hello Pal Revenues\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Operating under a CAD\/CNY exchange rate of 5.27 as of <span class=\"xn-chron\">May 1, 2021<\/span>, the monthly revenue of <span class=\"xn-money\">$2.494 million<\/span> CAD\u00a0is the fifth successive month above <span class=\"xn-money\">$2 million<\/span> that the Company has achieved.\u00a0Gross margin for the period was 14%.\u00a0\u00a0 <\/p>\n<p>&#8220;This turned out to be a good month for us despite our <span class=\"xn-location\">Middle East<\/span> traffic being affected by the current Ramadan period,&#8221; said KL Wong, Founder and Chairman of the Company.<\/p>\n<p>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 <a target=\"_blank\" href=\"http:\/\/investor.hellopal.com\/\" rel=\"nofollow noopener\">hellopal.com<\/a>. Email inquiries can be directed to: <a target=\"_blank\" href=\"mailto:investors@hellopal.com\" rel=\"nofollow noopener\">investors@hellopal.com<\/a>.<\/p>\n<p>\n        <b>About the Hello Pal Platform<\/b>\n      <\/p>\n<p>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&#8217; the freedom to speak in their own language regardless of the other person&#8217;s language they are speaking to. Hello Pal&#8217;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. <\/p>\n<p>\n        <i>Information set forth in this news release contains forward-looking statements. These statements reflect management&#8217;s current estimates, beliefs, intentions, and expectations; they are not guarantees of future performance. Hello Pal cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond Hello Pal&#8217;s control. Such risks and uncertainties are described in Hello Pal&#8217;s annual and interim financial statements available on <a href=\"http:\/\/www.sedar.com\" rel=\"nofollow\">www.sedar.com<\/a>. Although Hello Pal is currently generating revenues, Hello Pal remains in the growth stage and such revenues are yet to be profitable.\u00a0 Accordingly, actual, and future events, conditions and results may differ materially from the estimates, beliefs, intentions, and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Hello Pal undertakes no obligation to publicly update or revise forward-looking information.<\/i>\n      <\/p>\n<p>\n        <b>THE CSE HAS NEITHER APPROVED NOR DISAPPROVED THE INFORMATION CONTAINED HEREIN AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE<\/b>\n      <\/p>\n<p>\n        <b>Hello Pal International <br \/><\/b><br \/>\n        <a target=\"_blank\" href=\"http:\/\/www.hellopal.com\/\" rel=\"nofollow noopener\">www.hellopal.com <\/a><br \/>\n        <br \/>p\u00a0604-683-0911<\/p>\n<p>\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder0\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1387440\/Hello_Pal_Logo.html\" target=\"_blank\" rel=\"nofollow noopener\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1387440\/Hello_Pal_Logo.jpg\" title=\"Hello Pal International Inc. logo (PRNewsfoto\/Hello Pal International Inc.)\" alt=\"Hello Pal International Inc. logo (PRNewsfoto\/Hello Pal International Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=LN74367&amp;sd=2021-05-13\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/hello-pal-announces-2-494-million-monthly-revenue-for-april-2021--301289818.html\">http:\/\/www.prnewswire.com\/news-releases\/hello-pal-announces-2-494-million-monthly-revenue-for-april-2021&#8211;301289818.html<\/a><\/p>\n<p>SOURCE  Hello Pal International Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LN74367&amp;Transmission_Id=202105130800PR_NEWS_USPR_____LN74367&amp;DateId=20210513\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire VANCOUVER, BC, May 13, 2021 \/PRNewswire\/ &#8212; Hello Pal International Inc. (&#8220;Hello Pal&#8221; or the &#8220;Company&#8221;) (CSE: HP) (Frankfurt: 27H) (OTCQB: HLLPF), a provider of rapidly growing international live-streaming, language learning and social-crypto platform, is pleased to announce that it achieved 13,140,757 CNY ($2,494,456 CAD) in revenue for the month of April 2021, an increase of approximately 1,000,000 CNY from the previous month. Operating under a CAD\/CNY exchange rate of 5.27 as of May 1, 2021, the monthly revenue of $2.494 million CAD\u00a0is the fifth successive month above $2 million that the Company has achieved.\u00a0Gross margin for the period was 14%.\u00a0\u00a0 &#8220;This turned out to be a good month for us despite our Middle East traffic being affected &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hello-pal-announces-2-494-million-monthly-revenue-for-april-2021\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Hello Pal Announces $2.494 Million Monthly Revenue for April 2021&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-492944","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hello Pal Announces $2.494 Million Monthly Revenue for April 2021 - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hello-pal-announces-2-494-million-monthly-revenue-for-april-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hello Pal Announces $2.494 Million Monthly Revenue for April 2021 - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire VANCOUVER, BC, May 13, 2021 \/PRNewswire\/ &#8212; Hello Pal International Inc. (&#8220;Hello Pal&#8221; or the &#8220;Company&#8221;) (CSE: HP) (Frankfurt: 27H) (OTCQB: HLLPF), a provider of rapidly growing international live-streaming, language learning and social-crypto platform, is pleased to announce that it achieved 13,140,757 CNY ($2,494,456 CAD) in revenue for the month of April 2021, an increase of approximately 1,000,000 CNY from the previous month. Operating under a CAD\/CNY exchange rate of 5.27 as of May 1, 2021, the monthly revenue of $2.494 million CAD\u00a0is the fifth successive month above $2 million that the Company has achieved.\u00a0Gross margin for the period was 14%.\u00a0\u00a0 &#8220;This turned out to be a good month for us despite our Middle East traffic being affected &hellip; Continue reading &quot;Hello Pal Announces $2.494 Million Monthly Revenue for April 2021&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/hello-pal-announces-2-494-million-monthly-revenue-for-april-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-13T12:05:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1508120\/Hello_Pal_Revenues.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hello-pal-announces-2-494-million-monthly-revenue-for-april-2021\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hello-pal-announces-2-494-million-monthly-revenue-for-april-2021\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Hello Pal Announces $2.494 Million Monthly Revenue for April 2021\",\"datePublished\":\"2021-05-13T12:05:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hello-pal-announces-2-494-million-monthly-revenue-for-april-2021\\\/\"},\"wordCount\":520,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hello-pal-announces-2-494-million-monthly-revenue-for-april-2021\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1508120\\\/Hello_Pal_Revenues.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hello-pal-announces-2-494-million-monthly-revenue-for-april-2021\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hello-pal-announces-2-494-million-monthly-revenue-for-april-2021\\\/\",\"name\":\"Hello Pal Announces $2.494 Million Monthly Revenue for April 2021 - 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(&#8220;Hello Pal&#8221; or the &#8220;Company&#8221;) (CSE: HP) (Frankfurt: 27H) (OTCQB: HLLPF), a provider of rapidly growing international live-streaming, language learning and social-crypto platform, is pleased to announce that it achieved 13,140,757 CNY ($2,494,456 CAD) in revenue for the month of April 2021, an increase of approximately 1,000,000 CNY from the previous month. Operating under a CAD\/CNY exchange rate of 5.27 as of May 1, 2021, the monthly revenue of $2.494 million CAD\u00a0is the fifth successive month above $2 million that the Company has achieved.\u00a0Gross margin for the period was 14%.\u00a0\u00a0 &#8220;This turned out to be a good month for us despite our Middle East traffic being affected &hellip; Continue reading \"Hello Pal Announces $2.494 Million Monthly Revenue for April 2021\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/hello-pal-announces-2-494-million-monthly-revenue-for-april-2021\/","og_site_name":"Market Newsdesk","article_published_time":"2021-05-13T12:05:43+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/1508120\/Hello_Pal_Revenues.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hello-pal-announces-2-494-million-monthly-revenue-for-april-2021\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hello-pal-announces-2-494-million-monthly-revenue-for-april-2021\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Hello Pal Announces $2.494 Million Monthly Revenue for April 2021","datePublished":"2021-05-13T12:05:43+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hello-pal-announces-2-494-million-monthly-revenue-for-april-2021\/"},"wordCount":520,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hello-pal-announces-2-494-million-monthly-revenue-for-april-2021\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/1508120\/Hello_Pal_Revenues.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hello-pal-announces-2-494-million-monthly-revenue-for-april-2021\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/hello-pal-announces-2-494-million-monthly-revenue-for-april-2021\/","name":"Hello Pal Announces $2.494 Million Monthly Revenue for April 2021 - 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