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://ibn.fm/I9Kuh). 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://ibn.fm/jGMjy).”
To view the full article, visit http://ibn.fm/4c2KH
About Sharing Services Global Corporation
Sharing Services Global, formerly Sharing Services Inc., is
a publicly traded, diversified company dedicated to maximizing shareholder
value through the acquisition and development of innovative companies, products
and technologies in the direct-selling industry. The company’s combined
platform leverages the capabilities and expertise of various companies that
market and sell products direct to the consumer through independent
contractors. Two of its primary divisions include Elevacity Global LLC, a
product sourcing and supply company, and Elepreneur LLC, a sales and marketing
company based on utilization of independent contractors as the sales force. For
more information, visit www.SHRGInc.com, www.Elevacity.com or www.Elepreneur.com.
NOTE TO INVESTORS: The latest news and updates
relating to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG
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