- Business
- Hello Pal International Inc. (CSE:HP; FSE:27H; OTC:HLLPF) develops, markets and operates an international live-streaming, language learning and social-crypto platform primarily in Asia. The company offers the proprietary Hello Pal Platform, which enables users to locate and connect through chat messaging, livestreaming, audio/video calling and social networking features designed to foster language exchange and interaction; it also provides cryptocurrency mining and computing services to blockchain platforms via its Cryptocurrency Mining segment. Founded in 1986 by Kean Li Wong and headquartered in Vancouver, Canada, Hello Pal operates through its International Live Streaming and Cryptocurrency Mining segments, targeting individual users in Asian markets with a focus on social discovery and digital asset activities.
In recent developments, the firm reported record crypto mining revenues over a 12-month period ending April 2024 and achieved a monthly revenue high of $2.820 million in June 2021 from its live-streaming operations. It expanded its mining capacity in 2021 by acquiring Dogecoin/Litecoin assets, including 400 Antminer L7 rigs for North American operations, and engaged Maxim Group LLC in September 2021 for potential NASDAQ listing and investment banking services. Previously known as Neoteck Solutions Inc., the company rebranded to Hello Pal International Inc. in May 2016 following the acquisition of the Hello Pal mobile application assets.