NetworkNewsBreaks – Sharing Services Global Corp
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Posted On: 05/22/2020 3:10:20 PM
NetworkNewsBreaks – Sharing Services Global Corporation (SHRG) Subsidiary Lands Spot on DSN’s Global Top 100 Direct-Selling Companies
Diversified holding corporation Sharing Services Global’s (OTCQB: SHRG) wholly owned subsidiary, Elepreneurs Holdings LLC, was recently ranked 48th on Direct Selling News’ (“DSN”) 2020 Global 100 List of top direct-selling companies (http://nnw.fm/02ORx). A recent article discussing the company reads, “Announced in April 2020, the 11th annual DSN Global 100 List features top companies around the world achieving more than $100 million in revenue for 2019, showcasing a unique perspective on the true economic and social impact of this distribution channel on people’s lives and communities it serves globally. This influential list brings recognition to top-performing companies in the global direct-selling space, offering them numerous opportunities to leverage exposure to investors, researchers, and those seeking opportunities within the industry. . . . Although relatively young compared to others on the list, SHRG earned its place due to impressive growth on the back of a robust business model based on delivering excellence in the direct-selling market. Sharing Services and its subsidiaries — Elevacity Global LLC, responsible for manufacturing and distribution of innovative products, and Elepreneurs, responsible for promoting those products to consumers — built strong momentum in 2019 with revenues amounting to $38.9 million for the fiscal quarter ended Oct. 31, 2019, bringing cumulative revenues to the impressive level of $169 million since the launch of its products in December 2017 (http://nnw.fm/V0Bve).”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Diversified holding corporation Sharing Services Global’s (OTCQB: SHRG) wholly owned subsidiary, Elepreneurs Holdings LLC, was recently ranked 48th on Direct Selling News’ (“DSN”) 2020 Global 100 List of top direct-selling companies (http://nnw.fm/02ORx). A recent article discussing the company reads, “Announced in April 2020, the 11th annual DSN Global 100 List features top companies around the world achieving more than $100 million in revenue for 2019, showcasing a unique perspective on the true economic and social impact of this distribution channel on people’s lives and communities it serves globally. This influential list brings recognition to top-performing companies in the global direct-selling space, offering them numerous opportunities to leverage exposure to investors, researchers, and those seeking opportunities within the industry. . . . Although relatively young compared to others on the list, SHRG earned its place due to impressive growth on the back of a robust business model based on delivering excellence in the direct-selling market. Sharing Services and its subsidiaries — Elevacity Global LLC, responsible for manufacturing and distribution of innovative products, and Elepreneurs, responsible for promoting those products to consumers — built strong momentum in 2019 with revenues amounting to $38.9 million for the fiscal quarter ended Oct. 31, 2019, bringing cumulative revenues to the impressive level of $169 million since the launch of its products in December 2017 (http://nnw.fm/V0Bve).”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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