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Nu Skin's shares rally as the company stated that its preliminary revenues for Q4 came in at the upper end of its projected range.
SINGAPORE--(BUSINESS WIRE)-- #assetmanagement--The National University of Singapore (NUS), Northern Trust and UOB are proud to announce a groundbreaking collaboration to launch a first-in-market initiative aimed at tokenising green bond credentials. NUS is the first university in Singapore to implement blockchain technology for environmental, social, and governance (ESG) reporting. This initiative, a key milestone in green finance innovation, will leverage blockchain technology to enhance transparency, data integ.
Nu Skin Enterprises sold its Mavely affiliate marketing platform for $250 million, achieving a 5x ROI since 2021, and plans to use the cash for debt reduction and innovation. The new cash influx could accelerate both inorganic and organic growth, with potential acquisitions enhancing revenue and free cash flow growth. NUS could benefit from potential tax reductions under the new U.S. administration, which may increase net income and stock demand.
NUS' subsidiary has sold its Mavely affiliate marketing platform to Later for nearly $250 million, boosting innovation and resources.
BOSTON , Jan. 3, 2025 /PRNewswire/ -- Later, a leader in influencer marketing and social media management software and services, today announced its acquisition of Mavely, the leading Everyday Influencer Platform.® This acquisition accelerates Later's ability to deliver full-funnel impact and measurable ROI for marketers while enabling creators to maximize their earnings through social commerce.
PROVO, Utah--(BUSINESS WIRE)--Nu Skin Enterprises Inc. (NYSE: NUS) today announced that its Rhyz Inc. subsidiary completed a strategic transaction with Later, a portfolio company of Summit Partners. As part of the transaction, Rhyz sold its Mavely affiliate marketing technology platform to Later in exchange for approximately $250 million in the form of cash and a minority equity stake in the combined Later/Mavely business. Approximately $33 million of such consideration will be paid to other eq.
NUS drives growth through strategic initiatives, innovative product launches like MYND360 and the expanding Rhyz business amid macroeconomic woes.
Nu Skin Enterprises (NUS, Financial) experienced a significant stock price drop, decreasing by 5.12%. The stock is currently valued at $6.12 per share with a trading volume of 298,721 shares and a turnover rate of 0.60%.
PROVO, Utah--(BUSINESS WIRE)--Nu Skin Enterprises, Inc. (NYSE: NUS) today announced it will release third quarter 2024 results after the market closes on Thursday, Nov. 7. The Nu Skin management team will host a conference call with the investment community later that same day at 5 p.m. ET. During the call, management will discuss recent results and upcoming business initiatives. The webcast of the conference call, including the financial information presented, will be available on the investor.
The research by Mavely highlights how consumers of different generations are using influencer recommendations when it comes to holiday shopping decisions CHICAGO , Oct. 3, 2024 /PRNewswire/ -- More than a quarter (28%) of consumers have purchased a gift based on a recommendation from a creator or influencer in the past year, according to a new study by Mavely , the Everyday Influencer Platform®. This number increases to more than half (52%) and more than a third (36%), when looking at Gen Z and Millennials, respectively.