Mannatech To Open Its Doors into Thailand in 2023
2022年12月16日 - 3:21AM
ビジネスワイヤ(英語)
Health and wellness leader plans new market
opening
Mannatech, Incorporated (NASDAQ: MTEX), a leading provider of
high-quality health and wellness products, is excited to announce
its continued expansion into the ASEAN region, with the official
launch into the Thailand market.
This opening will bring Mannatech’s global presence to 26
markets. ^
“As part of our vision to help people across the globe to live
happier, healthier lives by delivering innovative wellness
solutions, we are thrilled at the prospect of bringing our
innovative product line to the people of Thailand,” said Al Bala,
President and CEO of Mannatech. “The expansion of Mannatech into
Thailand will present an exciting opportunity for the company. As a
global leader in the health and wellness industry, this expansion
will help us continue to grow and reach more individuals around the
world.”
Thailand is regarded as a market with high potential, with a
population of 70 million, a direct sales market of about USD $3.1
billion and dietary supplement market of USD $3.9 billion in 2020.
Mannatech's entry into Thailand is expected to serve as the
bridgehead for pioneering the Southeast Asian market.
“In 2023, Mannatech is expected to enter the Thai market and
create a new growth engine,” said Roh Jae-hong, General Manager of
Mannatech Korea. “Mannatech has been exporting domestically
developed products to overseas branches in Japan, China, and
Australia, so we have the confidence that our products and business
capabilities will work overseas as well.”
Individuals interested in Mannatech's products or exploring its
business opportunity can learn more at Mannatech.com.
About Mannatech
The world leader in Glycan technology, Mannatech is
revolutionizing nutrition, immune health, fat loss, skin care and
more. It is Mannatech’s mission to help people live happier,
healthier, enriched lives by developing scientifically sound,
innovative wellness solutions and fostering a culture where the
entrepreneurial spirit thrives.
For more information, visit Mannatech.com.
^ Mannatech operates in China under a cross-border e-commerce
platform that is separate from its network marketing model.
Please note: This release contains "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933, as
amended, Section 21E of the Securities Exchange Act of 1934, as
amended, and the Private Securities Litigation Reform Act of 1995.
These forward-looking statements generally can be identified by use
of phrases or terminology such as "intend" or other similar words
or the negative of such terminology. Similarly, descriptions of
Mannatech's objectives, strategies, plans, goals or targets
contained herein are also considered forward-looking statements.
Mannatech believes this release should be read in conjunction with
all of its filings with the United States Securities and Exchange
Commission and cautions its readers that these forward-looking
statements are subject to certain events, risks, uncertainties and
other factors. Some of these factors include, among others,
Mannatech's inability to attract and retain Associates and Members,
increases in competition, litigation, regulatory changes and its
planned growth into new international markets. Although Mannatech
believes that the expectations, statements and assumptions
reflected in these forward-looking statements are reasonable, it
cautions readers to always consider all of the risk factors and any
other cautionary statements carefully in evaluating each
forward-looking statement in this release, as well as those set
forth in its latest Annual Report on Form 10-K and Quarterly Report
on Form 10-Q, and other filings filed with the United States
Securities and Exchange Commission, including its current reports
on Form 8-K. All of the forward-looking statements contained herein
speak only as of the date of this release.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20221215005937/en/
Donna Giordano Manager, Executive Office Administration
972-471-6512 ir@mannatech.com www.mannatech.com
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