{"id":450579,"date":"2021-03-04T08:03:37","date_gmt":"2021-03-04T13:03:37","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=450579"},"modified":"2021-03-04T08:03:37","modified_gmt":"2021-03-04T13:03:37","slug":"sharing-services-global-corporation-shrg-announces-it-has-secured-direct-selling-license-in-south-korea","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sharing-services-global-corporation-shrg-announces-it-has-secured-direct-selling-license-in-south-korea\/","title":{"rendered":"Sharing Services Global Corporation (SHRG) Announces It Has Secured Direct Selling License in South Korea"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">PLANO, Texas, March  04, 2021  (GLOBE NEWSWIRE) &#8212; via InvestorWire \u2013 Sharing Services Global Corporation (OTCQB: SHRG) (the \u201cCompany\u201d), formerly Sharing Services, Inc., is pleased to announce that through one of its subsidiaries, it has obtained its Direct Selling License in South Korea, as part of its Asia Expansion Plan. The Company will be making plans to launch in that country soon.<\/p>\n<p>\u201cWe will be announcing additional products and services as this launch is planned in the near future, but for now, we are very pleased to share this exciting news,\u201d stated John \u201cJT\u201d Thatch, CEO of SHRG.<\/p>\n<p>\u201cSouth Korea is the third largest direct selling market globally. This marks a significant start to our global expansion plans and will set the stage for growth both in the U.S. and in Asia simultaneously,\u201d stated Fai Chan, SHRG director. &#8220;We are glad to have a local Korean team that has tremendous experience both in South Korea and in the direct selling space to head up our expansion efforts in guiding the Company to achieve greatness and success in the right way.&#8221;<\/p>\n<p>\u201cWe are honored to have the opportunity to expand The Happy Co. into the country of South Korea,\u201d said Bo Short, CEO of Elevacity Holdings, LLC and Elevacity International Holdings, LLC. \u201cWe are excited for our global family of Brand Partners and their ability to connect our business platform to entrepreneurs and customers in the great country of South Korea.\u201d<\/p>\n<p>Short added, \u201cWe will be strategizing next steps as we focus on announcing our pre-launch activities in this new market in the coming weeks.\u201d<\/p>\n<p>\n        <strong>About Sharing Services Global Corporation<\/strong>\n      <\/p>\n<p>Sharing Services Global Corporation (OTCQB: SHRG), formerly Sharing Services Inc., 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. The 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.<\/p>\n<p>For more information, visit\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=7xnS2hQ34-TChF-mJD71YPodQOz-N-4XWQgdveh_59sN76EI0yxtDAWA2FHGpnCcb7JXbbhNk3tm0cjyL5vCbPnmq5KuAVGir-aBvQlrcSyYtnbJU_p8g6vvxTEXwgOO5yQaUCdnchtsDjUp7v80DwWxcYK-K1unvxcWTMSuLHmpRneqFT2U8AMhrkPxL-jnJCZXAqOr1fXQnSfNn7e7EzjPf-0IEwowEP7SOqTN2rxNxcZgnKVR0t7dldcktVP2JVL_h_UO9uasRR_jrYLYkssnI6C-rF7jPhUaXkL4aQF2J4_Wu2qu_z4XzQ0Z6tMrLpk4OM97oHnhqQYjkDp9hX0VON-sj3lGneW_oaRkIDJ1vo5WPTqLm6ZDZdmw0T09-HXrbevORYKt1COxnA8YcTmfzCvaI7pmQkDSpMt1pC4=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><u>www.SHRGInc.com<\/u><\/a> and www.thehappyco.com\u00a0<\/p>\n<p>Additional information is contained in the Company\u2019s 10-Q and 10-K filings with the Securities and Exchange Commission.<\/p>\n<p>\n        <strong>Forward-Looking Statements<\/strong><br \/>\n        <br \/>The statements contained in this press release that are not purely historical facts, or that depend upon future events, may constitute forward-looking statements within the meaning of Section\u00a027A of the Securities Act of 1933 and Section\u00a021E of the Securities Exchange Act of 1934, including statements regarding the Company&#8217;s expectations, hopes, beliefs, intentions, or strategies regarding the future, including the Company&#8217;s operating margin and rolling average annual growth in tangible book value per share, constitute forward-looking statements. Prospective investors are cautioned not to place undue reliance on forward-looking statements, that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those projected in the forward-looking statements because of various factors. All forward-looking statements included in this document are based on information available to the Company on the date hereof and the Company assumes no obligation to update any such forward-looking statements. Prospective investors should also consult the risks described from time to time in the Company&#8217;s Annual Reports on Form\u00a010-K, Quarterly Reports on Form10-Q and Current Reports on Form 8-K and Annual Reports to Shareholders.<\/p>\n<p>\n        <strong>Company Contact:<\/strong><br \/>\n        <br \/>Sharing Services Global Corporation<br \/>Investor Relations<br \/>(469) 304-9400 Ext 201<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=d9Gg7qXZLPyhBi0ySy186l65gXaOWhWPK_aiXzbvGQ-TL39Z3KodIK_GVhuuO6mwIP66cDRuJzQu3oLS5AkF_g==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Info@SHRGinc.com<\/a><\/p>\n<p>\n        <strong>Corporate Communications:<\/strong><br \/>\n        <br \/>InvestorBrandNetwork (IBN)<br \/>Los Angeles, California<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=yGYI8iZk577RXJ6grbbpU-Q9cUSVKLQBL6BpObVmlGnsOpk_SMvUH4z8_gsiY3ZJc-q_NGrWuVXT_GbOMXLWFQqLygk4jVIyg-YJv4wELLaLrYyyM_d7gCnrVCjrQjjp\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.InvestorBrandNetwork.com<\/a><br \/>310.299.1717 Office<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=V0kwiKFL8LziHwTxXZJEI1rMq4312LE06_9USoFtLS4aDbz-wqLQH0tGXjxpduTiab1HzEF_xphZsIDpoIBX20Id2WrQAobLnlYfJb07mpVCjric-dNgtch5dTgh-XkA\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">Editor@InvestorBrandNetwork.com<\/a><\/p>\n<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NDQ4OSM0MDQ4NjE4IzUwMDA0NjY4Mw==\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/3669600f-d776-4452-800c-357a0e5d2431\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>PLANO, Texas, March 04, 2021 (GLOBE NEWSWIRE) &#8212; via InvestorWire \u2013 Sharing Services Global Corporation (OTCQB: SHRG) (the \u201cCompany\u201d), formerly Sharing Services, Inc., is pleased to announce that through one of its subsidiaries, it has obtained its Direct Selling License in South Korea, as part of its Asia Expansion Plan. The Company will be making plans to launch in that country soon. \u201cWe will be announcing additional products and services as this launch is planned in the near future, but for now, we are very pleased to share this exciting news,\u201d stated John \u201cJT\u201d Thatch, CEO of SHRG. \u201cSouth Korea is the third largest direct selling market globally. This marks a significant start to our global expansion plans and will &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sharing-services-global-corporation-shrg-announces-it-has-secured-direct-selling-license-in-south-korea\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sharing Services Global Corporation (SHRG) Announces It Has Secured Direct Selling License in South Korea&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-450579","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sharing Services Global Corporation (SHRG) Announces It Has Secured Direct Selling License in South Korea - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sharing-services-global-corporation-shrg-announces-it-has-secured-direct-selling-license-in-south-korea\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sharing Services Global Corporation (SHRG) Announces It Has Secured Direct Selling License in South Korea - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PLANO, Texas, March 04, 2021 (GLOBE NEWSWIRE) &#8212; via InvestorWire \u2013 Sharing Services Global Corporation (OTCQB: SHRG) (the \u201cCompany\u201d), formerly Sharing Services, Inc., is pleased to announce that through one of its subsidiaries, it has obtained its Direct Selling License in South Korea, as part of its Asia Expansion Plan. The Company will be making plans to launch in that country soon. \u201cWe will be announcing additional products and services as this launch is planned in the near future, but for now, we are very pleased to share this exciting news,\u201d stated John \u201cJT\u201d Thatch, CEO of SHRG. \u201cSouth Korea is the third largest direct selling market globally. 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The Company will be making plans to launch in that country soon. \u201cWe will be announcing additional products and services as this launch is planned in the near future, but for now, we are very pleased to share this exciting news,\u201d stated John \u201cJT\u201d Thatch, CEO of SHRG. \u201cSouth Korea is the third largest direct selling market globally. This marks a significant start to our global expansion plans and will &hellip; Continue reading \"Sharing Services Global Corporation (SHRG) Announces It Has Secured Direct Selling License in South Korea\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/sharing-services-global-corporation-shrg-announces-it-has-secured-direct-selling-license-in-south-korea\/","og_site_name":"Market Newsdesk","article_published_time":"2021-03-04T13:03:37+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NDQ4OSM0MDQ4NjE4IzUwMDA0NjY4Mw==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sharing-services-global-corporation-shrg-announces-it-has-secured-direct-selling-license-in-south-korea\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sharing-services-global-corporation-shrg-announces-it-has-secured-direct-selling-license-in-south-korea\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Sharing Services Global Corporation (SHRG) Announces It Has Secured Direct Selling License in South Korea","datePublished":"2021-03-04T13:03:37+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sharing-services-global-corporation-shrg-announces-it-has-secured-direct-selling-license-in-south-korea\/"},"wordCount":593,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sharing-services-global-corporation-shrg-announces-it-has-secured-direct-selling-license-in-south-korea\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODE4NDQ4OSM0MDQ4NjE4IzUwMDA0NjY4Mw==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/sharing-services-global-corporation-shrg-announces-it-has-secured-direct-selling-license-in-south-korea\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/sharing-services-global-corporation-shrg-announces-it-has-secured-direct-selling-license-in-south-korea\/","name":"Sharing Services Global Corporation (SHRG) Announces It Has Secured Direct Selling License in South Korea - 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