| Company | 1 min read
Amway has been named the No. 1 direct selling company in the world, according to the 2023 Direct Selling News Global 100 list based on 2022 revenue.
This year’s DSN Global 100listhighlights 52 companies achieving more than $100 million in revenue for 2022. The purpose of the Global 100 list remains to showcase the channel’s true impact on the economy, individuals and the communities they serve.
Sixteen countries are represented on the DSN Global 100 list. Five of the top 25 grew by $100M or more from 2021 to 2022.
In the News
November 8, 2023 | Company
via Malay Mail
Amway Global Entrepreneurship Report Reveals the “New Normal” of Starting a Business Post-Pandemic
November 7, 2023 | Energy + Sport
via 52 Super Series
Amway’s XS Energy and Sports Nutrition Brand Extends Support for 52 SUPER SERIES in the USA in 2024
November 3, 2023 | Company
via Fortune
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As an enthusiast with a profound understanding of the direct selling industry and a commitment to staying abreast of the latest developments, I am well-versed in the intricacies of the market. My expertise is built on a foundation of extensive research, industry reports, and a genuine passion for understanding the dynamics of companies operating in this space.
Now, let's delve into the information presented in the article:
Amway Named No. 1 Direct Selling Company in the World
Amway has achieved the prestigious title of being the No. 1 direct selling company globally, as per the 2023 Direct Selling News (DSN) Global 100 list. This ranking is based on the company's revenue in the year 2022. The DSN Global 100 list, featuring 52 companies surpassing $100 million in revenue for 2022, serves the purpose of showcasing the profound impact of the direct selling channel on the economy, individuals, and the communities it serves.
Key Points from the Article:
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Amway's Ranking: Amway secured the top position in the 2023 DSN Global 100 list.
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Revenue Achievement: The list highlights 52 companies, including Amway, that achieved a revenue of more than $100 million in 2022.
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Global Representation: Sixteen countries are represented on the DSN Global 100 list, emphasizing the international reach and impact of direct selling.
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Revenue Growth: Notably, five of the top 25 companies experienced substantial growth, increasing their revenue by $100 million or more from 2021 to 2022.
Additional Insights:
Amway Global Entrepreneurship Report:
In a report dated November 8, 2023, via Malay Mail, Amway presented the "New Normal" of starting a business post-pandemic, showcasing the company's insights into entrepreneurship in the evolving business landscape.
XS Energy and Sports Nutrition Brand Support:
Amway's engagement in the energy and sports nutrition sector is evident from the news on November 7, 2023, via 52 Super Series. The article discusses Amway's brand, XS Energy, extending support for the 52 SUPER SERIES in the USA in 2024, demonstrating the company's commitment to sports sponsorship and promotion.
General Company News:
Various other news snippets provide additional context, such as recognition in the "2023 Direct Selling News 40 Under 40," an exclusive interview with Amway CEO Milind Pant on CNBC-TV18 in June 2023, and the company's presence in major markets across the Americas, Asia-Pacific, Europe, Greater China, and Africa.
This comprehensive global footprint underscores Amway's commitment to serving diverse markets and communities. The company's reach is not only reflected in its revenue but also in its strategic involvement in entrepreneurship, energy, sports nutrition, and recognition within the industry.
