LIVE STREAMING IS GOING GLOBAL: Daily Usage Doubling and Tripling!
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Live streaming isn’t a niche market anymore – it’s far too mainstream and popular with Millennial and Generation Z users today. It’s covering the planet now as an army of app users are broadcasting and watching in droves, building a community that spans the world.
One particular app has shown that over 15,000 active live streamers and viewers have been online daily from October 2020 to the present, and it’s steadily increasing. This platform has brought in astounding revenues – we’re talking about 900% revenue growth in 2020.
This app was already popular in China but is now looking to conquer other geographies. In fact, the platform recently commenced live streaming operations in the United Arab Emirates, Saudi Arabia, Egypt and Bahrain.
Just consider the revenue growth possibilities if a company could effectively leverage these diversified markets. Actually, there is one company called Hello Pal (CSE: HP, US: HLLPF) that’s already generating powerful revenues from multiple market segments in China.
To sum it up, the Hello Pal platform is a proprietary suite of mobile applications built on a user-friendly messaging interface that focuses on social interaction, language learning, and travel. Hello Pal’s core features encourage global social interactivity among people with similar interests and remain popular among the platform’s 5.5 million registered users from over 200 countries and regions.
Exceeding the five million user mark is a major milestone for Hello Pal that represents an industry-standard benchmark of success. Furthermore, Hello Pal is adaptable for the 5G platform and offers enhanced monetization possibilities, thereby making it attractive to larger companies for a merger or acquisition.
Hello Pal’s newly added live streaming feature is called Live. It allows users to broadcast themselves to others in real time, receive virtual gifts and turn them into cash.
By adding Live, Hello Pal users can now have a complete social-media experience through the app. With 4.4 million users to date, Hello Pal has proven itself to be quite successful and popular among social media apps – and among Millennial and Gen Z users.
As popular as Hello Pal is in China, the app is truly borderless as Hello Pal has commenced live streaming operations in United Arab Emirates, Saudi Arabia, Egypt and Bahrain. Hello Pal’s current objectives for its multi-national outreach for live streaming include:
- Work with key partners with an established network of live streaming host.
- Diversify the livestreaming community.
- Provide live stream content that caters to the Arabic-speaking world.
- Work with additional key partners with an established user base in the Middle East.
- Ensure the quality of user traffic to consume the live stream content.
- Increase the number of non-China users.
Hello Pal’s international expansion allows for additional revenue streams coming from outside of China. At the same time, the Hello Pal app continues to provide consistent revenues in China as the user base is still expanding on an exponential level.
No doubt about it – this is a company to watch, in time when social media is changing quickly and investors can seize the moment. The potential for consistent revenue streams is tremendous as Hello Pal is at the cusp of a revolution in lightning-fast 5G connectivity, live streaming, and the fast-emerging economies of China and multiple other regions of the world today.
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On March eighth twenty twenty one, in connection with our agreement with Hello Pal International Inc., we received USD three hundred thousand dollars, from Hello Pal International Inc. We currently do not own shares but plan to purchase shares at a later date.