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Hot Business News Today
Mannatech Review – Poised For Sharp Acceleration In Sales, Stock Exceedingly Cheap
by Ted Nuyten • • 0 Comments
Mannatech – a Triple A classified opportunity by Business For Home – is a public Direct selling company and stock analysts are increasing positive about the company:
“Mannatech sells vitamins, nutritional supplements, and dietary products to consumers through its website and independent sales associates. The company was founded in 1993 and has steadily grown by building one of the strongest patent portfolios within the industry (more than 3x the size of next closest peer), building a recognizable brand, and expanding aggressively on a global scale.
Current valuation suggests the stock is priced for some catastrophic event when, in fact, MTEX is completely unencumbered both financially and legally. Recent operating trends have been extremely strong, and the best may yet be to come as the company prepares for its mainland China debut.
LTM sales are $183m
Hot Business News Today
Mannatech’s Products Now Available In China
by Ted Nuyten • • 0 Comments
Mannatech – a Triple A classified opportunity by Business For Home – announced that it has made several of its innovative, high-quality nutritional supplement products available in Mainland China through a cross-border e-commerce website that offers a unique online retail shopping experience at: www.MeiTaiChina.com.
“We are thrilled to launch this e-commerce site in the largest nation in the world. It is our privilege to deliver Mannatech’s health and wellness products to a region that is constantly seeking better wellness solutions,” said Mannatech’s CEO and President, Alfredo “Al” Bala.
“This e-commerce retail site allows Mannatech to open the doors wide for anyone in China who would like to improve their lives and the lives of their family members by using our renowned, revolutionary wellness products.
The e-commerce site is part of a number of
Hot Business News Today
Mannatech’s CEO Al Bala Unveils China Business Plans
by Ted Nuyten • • 0 Comments
Mannatech is hosting its annual Asia MannaFest event in South Korea at the Olympic Park Handball Stadium on October 15 at 1 p.m. KST, where thousands of its independent sales Associates from the region will gather and experience the excitement of the company’s complete rebrand and launch of several new health and wellness products.
Mannatech unveiled its global rebrand in April in the U.S., and at Asia MannaFest, Mannatech’s largest gathering of Associates, many will share that excitement that began with the reveal. In addition to launching a new wave of enthusiasm throughout Asia, Mannatech will be launching two new products, as well as recognizing its top Asia leaders for their dedication to transforming their lives through their Mannatech business.
“This event is critical because it continues the momentum and excitement we started when we
Hot Business News Today
What Uber's Foray into China Can Teach Other Companies With Similar Ambitions
by John Kim • • 0 Comments
Hot Business News Today
Herbalife Continues To Grow Presence In China
by Ted Nuyten • • 0 Comments
Herbalife (NYSE: HLF), a global nutrition company, has won approval from China’s Ministry of Commerce to operate in three additional provinces with a population of about 57 million, which will contribute to our growth plans in the country.
The Gansu, Ningxia and Inner Mongolia provinces, which include three provincial capital cities and 16 districts, have completed their service outlet reviews that permit Herbalife to conduct direct selling activities.
China’s Ministry of Commerce granted the permits after reviewing the current business practices of Herbalife in the country. Herbalife has 300,000 service providers in China and licenses to operate in 25 other provinces.
“These approvals are a testament to our success in China and our future growth plans,” said Michael O. Johnson, chairman and CEO of Herbalife.
To meet increasing demand, in July Herbalife began operations at its
Hot Business News Today
WOR(l)D Global Network Forms Joint Venture With Quality Technology Industrial
by Ted Nuyten • • 0 Comments
WOR(l)D Global Network – a Triple AAA+ Classified opportunity by Business For Home – has signed a joint venture with Quality Technology Industrial — a leading industrial group in China with over 10 years of manufacturing, quality control, and after-sales service in IT experience — to partner in researching, developing, and building mobile and wearable devices.
This collaboration bodes a major improvement to the entire line of products, with enhanced production capabilities, high stock availability, as well as new International Customer Care and R/D departments in Shenzhen, co-managed by QTI and WOR(l)D’s own R/D department.
The joint venture will also positively impact the HELO product line, with a focus on maintaining high-stock availability worldwide and also developing the next generation of devices to further integrate communication and monitoring capabilities.
This partnership between WOR(l)D and Quality
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Nu Skin Expects 20,000 Attendees At Hong Kong Convention
by Ted Nuyten • • 0 Comments
As part of the company’s Greater China regional convention in Hong Kong, Nu Skin Enterprises, Inc. today announced the appointment of Andrew Fan as chairman of Nu Skin China and strategic adviser to the company’s new global opportunity innovation team. Charlene Chiang will assume the role of president of the company’s Greater China region.
The regional convention will host approximately 20,000 sales leaders and customers from Mainland China, Taiwan, Hong Kong and Macau. At the convention, sales leaders will build on the momentum created by new ageLOC® products, celebrate the success of top sales leaders in the region and discuss plans for future growth and success.
“In the weeks leading up to the event, we executed a very successful introduction of our innovative ageLOC Me skin care system and sold out of a limited
Hot Business News Today
Natural Health Trends Announces Two New Branch Office Openings In China
by Nicole Dunkley • • 0 Comments
Natural Health Trends Corp., a leading direct-selling and e-commerce company that markets premium quality personal care, wellness and “quality of life” products under the NHT Global brand, today announced that in late June, the Company’s China subsidiary.
NHT Global (China) Commodities Co., Ltd., will open two new branch offices in the Chinese cities of Suzhou and Hangzhou with grand opening ceremonies being held on June 17thand 18th, respectively.
The Company’s new offices will support demand for NHT Global products among its Chinese consumer base in two of its fastest growing markets in China.
The two new branch offices are staffed and operated by the Company and will expand on its existing network of seven branch offices in China. In addition, the Company supports seventeen Healthy Lifestyle Centers throughout China, which are operated directly by
Hot Business News Today
200,000 Reps Join OneCoin – Macau China Event Sold Out
by Ted Nuyten • • 0 Comments
In the last couple of months more than 200,000+ new representatives joined OneCoin which brings the total base at 1.8 million distributors.
Recently OneCoin has held their China event in Macau.
The event, which took place at the Macau Fisherman’s Wharf Convention and Exhibition Center, was seen as one of the most important financial conferences in the region, explaining how OneCoin intends to become the cryptocurrency in the world and what makes the OneCoin products unique on the financial market.
OneCoin CEO and Founder Ruja Ignatova made important announcements about the company, including the new One Net Upi bank cards, issued in association with UnionPay.
UnionPay cards can be used in 141 countries and regions around the world, making it the third-largest payment network by value of transactions processed, behind Visa and MasterCard.
The company gives the possibility