direct selling


Best World files defamation suit against short seller Bonitas; calls to lift trading halt following 1Q results release

SINGAPORE (May 9): Best World has issued a statement that says it “strongly refutes” an April 24

In print this week

Best World's and Beauty Community's high-margin MLM model draws investor interest

SINGAPORE (Dec 3): Best World International, which sells a little-known brand of skincare through a multi-level marketing (MLM) scheme, saw its share price rocket from just $1.21 on Aug 21 to $2.27

Broker's Calls

Best World's stellar FY17 earnings are but a prelude to the better year ahead, says Maybank

SINGAPORE (Feb 27): Maybank Kim Eng is maintaining its “buy” call on Best World International with a 10% higher price target of $2.06 compared to $1.88 previously after raising FY18-19 earnings per


Best World sees near doubling of 4Q earnings to $21.8 mil on higher revenue

SINGAPORE (Feb 26): Best World International, the direct seller of skincare and wellness products, has reported earnings of $21.8 million for the 4Q ended Dec 2017, up 77.2% from $12.3 million in 4

Broker's Calls

Best World unfazed by pyramid crackdown in China but strategy change in Taiwan pulls it down

SINGAPORE (Nov 10): Best World on Wednesday announced its 3Q17 earnings increased 36.4% to $12.2 million from $8.9 million a year ago, on lower expenses.

Global Markets

Best World says pyramid scheme crackdown has little to no impact on China business

SINGAPORE (Aug 15): Best World International has issued a statement to address potential investor concerns regarding market concerns arising from China’s State Administration for Industry & Com

Herbalife, Nu Skin shares plunge over fears of Chinese crackdown

NEW YORK (Aug 15): Shares of Herbalife, Nu Skin Enterprises and USANA Health Sciences tumbled on Monday over concerns that Chinese regulators will crack down on the companies’ marketing practices.


Best World posts 63% rise in 1H earnings to $21.7 mil, raises dividend payout to 40%

SINGAPORE (Aug 7): Best World International announced earnings of $21.7 million for the 1H17 ended June, surging 62.7% from $13.3 million in earnings reported in 1H16 on higher revenue and lower di

Broker's Calls

Stellar 3Q profit secures another record year for Best World

SINGAPORE (Nov 7): CIMB is reiterating its “add” call on Best World with a higher target price of $2.21 from $2.05 previously, after the direct-selling company posted 3Q earnings of $8.9 million, w


Best World’s 3Q earnings more than double to $8.9 mil

SINGAPORE (Nov 4): Direct-selling company Best World reported 3Q earnings more than doubled to $8.9 million from a year ago from higher sales from direct selling.

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