May 13, 2021 Hello Pal International

Hello Pal Announces $2.494 Million Monthly Revenue for April 2021

VANCOUVER, BC, May 13, 2021 /PRNewswire/ — Hello Pal International Inc. (CSE:HP)(OTC:HLLPF)(Frankfurt: 27H)(“Hello Pal” or the “Company”), 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.
Hello Pal Revenues
Hello Pal Revenues

Operating under a CAD/CNY exchange rate of 5.27 as of May 1, 2021, the monthly revenue of $2.494 million CAD is the fifth successive month above $2 million that the Company has achieved. The gross margin for the period was 14%.  

“This turned out to be a good month for us despite our Middle East traffic being affected by the current Ramadan period,” said KL Wong, Founder, and Chairman of 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: [email protected].

About the Hello Pal Platform

Hello Pal International Inc. (CSE:HP)(OTC:HLLPF)(Frankfurt: 27H)(“Hello Pal” or the “Company”) 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.

The information set forth in this news release contains forward-looking statements. These statements reflect management’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’s control. Such risks and uncertainties are described in Hello Pal’s annual and interim financial statements available on www.sedar.com. Although Hello Pal is currently generating revenues, Hello Pal remains in the growth stage and such revenues are yet to be profitable.  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.

THE CSE HAS NEITHER APPROVED NOR DISAPPROVED THE INFORMATION CONTAINED HEREIN AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

SOURCE Hello Pal International Inc.

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