Hello Pal International (TSE:HP) has released an update.
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Hello Pal International has paused its overseas livestreaming operations due to banking challenges in the Middle East and has shifted its focus towards cryptomining. The company is capitalizing on recent cryptocurrency market surges, particularly in Dogecoin, and is laying off staff to reduce costs and build cash reserves for future opportunities.
For further insights into TSE:HP stock, check out TipRanks’ Stock Analysis page.