ParcelPal Technology (TSE:PKG) has released an update.
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ParcelPal Logistics Inc. has reported a solid post-2023 performance with a more than 10% increase in volume with its largest U.S. customer, which comprises nearly 80% of its revenue, indicating strong market positioning despite global trends. The company is also actively negotiating with local utilities to launch a new data center and antminer hosting business line, aiming for operational status in Q2 2024. CEO Rich Wheeless expresses optimism about the company’s growth and expansion into new client territories.
For further insights into TSE:PKG stock, check out TipRanks’ Stock Analysis page.
