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News Update


Logistics Company Achieves Record Revenue in January
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ParcelPal Technology reports a monthly revenue increase of 45% compared to the prior year.

ParcelPal Technology Inc. (PKG:CSE; PTNYF:OTCQB; PT0:FSE) announced in a news release that its January 2020 revenue was the highest in its history.

"We've had a great start to the year, which is traditionally a quieter time of year for retail, e-commerce and general consumer purchasing," President and CEO Kelly Abbott said in the release.

During January 2020, ParcelPal generated $480,000, which was $148,000, or 45%, more than in the same month last year. Also, the Vancouver-based company's sales in January 2020 of nearly $500,000 were record high, driven by the recent regional expansion.

"I am excited to report preliminary numbers for January and able to achieve almost 500k in sales in just one month, achieving a new record for the company," Abbott said. "We are expecting this trend to continue into 2020 as we hit each of our milestones. Investors can expect great things from ParcelPal in 2020."


1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
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