Youngevity International (YGYI) Announces Expansion into Kazakhstan
Youngevity’s new office will provide a central location in Almaty that is fully equipped with a sales and distribution center to handle product ordering to delivery, a large conference room, customer service department, and a product showroom.
“We are proud to open our first office in Kazakhstan, which is one of the largest international markets in the direct selling industry,” said Steve Wallach, Youngevity’s Chief Executive Officer. “We have already recorded a high demand for Youngevity products and our business opportunity and we intend to continue to increase our direct selling coverage and distribution model to increase our market share in the region.”
“We have been waiting strategically for the right time to enter this growing market,” said Dave Briskie, CFO and President of Commercial Development for Youngevity who has been leading the company’s global expansion campaign. “We are very excited about our expansion into Kazakhstan and we remain committed to investing in scalable markets with long-term growth opportunities.”