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Multi-level marketing (MLM), also called network marketing [1] or pyramid selling, [2] [3] [4] is a controversial [4] and sometimes illegal marketing strategy for the sale of products or services in which the revenue of the MLM company is derived from a non-salaried workforce selling the company's products or services, while the earnings of the participants are derived from a pyramid-shaped or ...
Tiens Group (/ ˈ t iː ɛ n s /, from Chinese: 天狮; pinyin: Tiānshī; lit. 'heavenly lion') is a Chinese multinational conglomerate and multi-level marketing company headquartered in Tianjin, China. [1] It has 126 branches in 111 countries around the world. The head of the company is Li Jinyuan, a Chinese businessman, investor, and ...
The Longaberger Company (dissolved in 2018) [26] Metabolife (dissolved in 2005) MonaVie (went into foreclosure 2015) Nouveau Riche (real estate investment college) (dissolved in 2010) NXIVM [27] [28] Seasilver (ceased trading in 2006) Solavei (dissolved in 2015) [29] Royal Tongan Limu (dissolved in 2003) Sunshine Empire (dissolved in 2009 ...
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Berjaya Corporation Berhad (MYX: 3395; [2] formerly known as Berjaya Group Berhad, Inter-Pacific Industrial Group Berhad and Raleigh Berhad) is a Malaysian-based corporation which controls a wide array of businesses, including consumer marketing, property development and investment, as well as hotels, resorts and recreation development.
The Direct Sales and Anti-Pyramid Scheme Act 1993 (Malay: Akta Jualan Langsung dan Skim Anti-Piramid 1993), is a Malaysian laws which enacted to provide for the licensing of persons carrying on direct sales business, for the regulation of direct selling, for prohibiting pyramid scheme or arrangement, chain distribution scheme or arrangement, or any similar scheme or arrangement, and for other ...
The economy of Malaysia (GDP PPP) in 2014 was $746.821 billion, the third largest in ASEAN behind Indonesia and Thailand and the 28th largest in the world. [6] [needs update] For further information on the types of business entities in this country and their abbreviations, see "Business entities in Malaysia".
The company has operations, investments and projects under development in Malaysia, Singapore, the United Kingdom, Indonesia, the Hashemite Kingdom of Jordan, and the Netherlands. The utilities segment continues to be YTL Corp Group’s largest operating segment, contributing 71% of the revenue for the financial year ended 30 June 2023.