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NetworkNewsBreaks – Sharing Services Global Corporation (SHRG) Subsidiary Lands Spot on DSN’s Global Top 100 Direct-Selling Companies

Company: Sharing Services Global Corp. (SHRG)
Category: Stock Spotlights

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).”

To view the full article, visit http://nnw.fm/K3U1t

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://nnw.fm/SHRG

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