Monthly Archives: March 2026

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Houston Brokerage Leader Miriam Valencia Moves 50-Agent Brokerage to eXp Realty

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Founder of Alumbra International partners with global brokerage after $107M production year while continuing MBA studies and preparing for law school. 
BELLINGHAM, WA — eXp Realty®, “the most agent-centric™ real estate brokerage on the planet” and the core subsidiary of eXp World Holdings, Inc. (Nasdaq: EXPI), today announced real estate leader Miriam Valencia, founder and CEO of Alumbra International, has officially joined eXp Realty, bringing 50 agents with her in a strategic move designed to support the continued growth of her Houston-based and international-growing brokerage.

“Miriam is the embodiment of the entrepreneurial spirit we champion at eXp,”

said Leo Pareja, CEO of eXp Realty.

“With Alumbra, Miriam’s already proven she can build something deeply meaningful. By joining forces with our global platform, she’s not just preserving that identity, she’s supercharging it to create limitless opportunities for her agents and their clients.”

Valencia spent significant time evaluating brokerage models before making the decision.

“I built Alumbra as an independent brokerage and grew a strong brand and culture in Houston,”

Valencia said.

“At the same time I started thinking about how to scale bigger without losing what we had built. As a broker I cannot make rash  decisions because it affects a lot of people,” she said. “I spent time

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Natura Completes Corporate Streamlining, Reports R$ 6.2 Billion Revenues in Q4 2025

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SÃO PAULO, Brazil – Natura (B3: NATU3) today presented its fourth-quarter and full-year 2025 results. In a year marked by the final steps of its corporate streamlining process, the Company sharpened its focus on Latin America and achieved strong profitability growth. The recurring EBITDA margin in the region reached 16.1% in 4Q-25. For the full year 2025, recurring profitability was 14.6%, an increase of 130 basis points compared to the previous year.
Highlights

Divestments of Avon International and Avon Russia mark the conclusion of the corporate streamlining process
Completion of the Natura–Avon brand unification (Wave 2) in Mexico and Argentina brings transformation costs to a close, coming in below 2024 levels
Annual recurring EBITDA margin reaches 14.6% (+130 bps increase), driven by the 16.1% growth in 4Q-25 in Latin America
Solid cash generation, despite revenue challenges, leads to leverage within the optimal range by the end of 2025
Continuing operations delivering net income of nearly R$ 1 billion

The completion of the sales of Avon International and Avon Russia marked the final milestone in Natura’s corporate streamlining and capital structure reorganization. The Company ended the year with financial leverage at 1.31x, within the optimal capital structure range.
With the integration of Mexico and Argentina, the operational unification of

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Do Heon Jeong: From Collapse to Blue Diamond with MWR Life

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Do Heon was born in a poor rural area, where life demanded resilience long before it offered opportunity.
From an early age, discipline became his language. In middle school, he found boxing and what began as training quickly transformed into identity.
From middle school through university, sport defined every stage of his life. That discipline carried into his military service with the Armed Forces Athletic Corps, where structure, endurance and repetition governed each day. Yet even as physical strength and mental resilience deepened, an unspoken unease began to take shape. While training shaped his character, it did not show him a future.
Unable to see where that path would lead, Do Heon made a decisive break. He left sports and entered the corporate world, taking a job at a medical device company. It was not passion that guided him then, but necessity.
At 27, he took another risk and started his own company. This time, the outcome was clear. The business succeeded, and financially, he reached a level he had never known before.
Do Heon Jeong & Arin Ju
During this period, his personal life also blossomed. He married and welcomed two daughters. While his life seemed complete on the surface, he soon discovered network marketing

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