SHRG - InvestorNewsBreaks - Sharing Services Global Corporation (SHRG) Positioning to Capitalize on Burgeoning Direct-Selling Space
Sharing Services (OTCQB: SHRG) is a company that operates in the direct-selling space, where it is dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies. “In a market forecast to see almost $80 billion growth [between 2022 and 2023], Sharing Services is working to offer a variety of options for its brand partners, and independent sales force,” a recent article reads. “SHRG is focused on positioning itself to take advantage of the growth the sector is projected to experience. The company has developed opportunities in several spaces, including the health and wellness, travel and restaurant sectors. As a wholly owned SHRG subsidiary, the Happy Co. operates in the health and wellness industry. The company’s products are marketed primarily through an independent sales force following a direct-selling model… My Travel Ventures is also a wholly owned subsidiary. As a subscription-based company, My Travel Ventures delivers subscription-based travel services designed to offer the deepest discounts for travel related to airfare, cruises, hotels, resorts, time shares, and rental cars… Finally, Sharing Services has entered into an agreement to acquire the exclusive franchise rights in North America to the Hapi Café(TM) brand from Hapi Café Inc.”
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About Sharing Services Global Corporation
Sharing Services is a publicly traded company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies in the direct-selling sector and other industries. Sharing Services’ combined platform currently leverages the capabilities and expertise of various companies that market and sell products direct to the consumer through independent contractors. For more information, visit www.SHRGInc.com.
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