- CEO
- John Thatch
- Full Time Employees
- 32
- Sector
- Consumer Defensive
- Industry
- Packaged Foods
- Address
- 1700 Coit Road Plano TX United States of America 75075
- IPO Date
- Jan 8, 2021
- Business
- Sharing Services Global Corporation (OTCQB: SHRG) is a diversified holding company specializing in the direct selling industry, marketing and distributing health and wellness products, skincare items, fragrance devices, and subscription-based travel services primarily through independent sales representatives. Founded in 2015 and headquartered in Plano, Texas, the company operates mainly in the United States, with additional distribution in Canada, the Republic of Korea, and internationally via its website thehappyco.com. Its core offerings through subsidiary The Happy Co. include health and wellness beverages and supplements such as Elevate MAX Happy Coffee, an Arabic coffee drink; XanthoMax Happy Caps, an encapsulated wellness supplement; KetoCre Keto Creamer, a ketogenic creamer; Elevate ZEST Happy + Lemonade, a nootropic lemonade blend; ElevaciTea Vanilla Chai, a creamy spiced black tea; ElevaciTea Georgia Peach, a flavored tea; and Probio8, a probiotic dietary supplement launched in May 2023; alongside skincare products like Age-Defying Intensive Repair Serum and Ultimate Revitalizing Cream; and fragrance solutions including AirMoji, CarMoji, MojiPop devices, Fragrance Pods, and Essential Oil Pods. Hapi Travel Destinations, another wholly-owned subsidiary, provides subscription-based travel discounts on airfare, cruises, hotels, resorts, time-shares, and rental cars worldwide, while the company holds a Master Franchise Agreement for Hapi Café locations offering healthy food, beverages, fitness, and travel services across North America.
In recent developments, DSS Inc. spun off a 74.5% stake in Sharing Services Global Corporation in May 2023, distributing shares to its shareholders and retaining a 6.6% interest, marking a significant restructuring to focus on independent operations. The Executive Chairman purchased additional shares worth approximately $14,336 in January 2025, signaling confidence in the company's trajectory amid a low market capitalization. These changes complement ongoing product innovations and the company's strategy of acquiring or investing in emerging businesses, products, and technologies to expand its direct selling portfolio.