Betterware de Mexico posted its third quarter financial results, revealing net revenue of $75 million, a $43.9 million decline since the same quarter in 2021.
Betterware de Mexico announced its fourth quarter and fiscal year 2021 results, posting a 2021 net revenue growth of 41% year-over-year, and EBITDA growth of 33% year-over-year. Gross margin in 2021 was 56.2%, while EBITDA margin was 27.9%. “Betterware achieved extraordinary growth from 1Q 2020 to 1Q 2021, mainly driven by our increase in our […]
In an agreement announced this week, Betterware de Mexico has signed a $255 million agreement to acquire 100% of JAFRA’s operations within the U.S. and Mexico.
Betterware de Mexico is leveraging big data and its streamlined distribution center to become one of the most recognizable brands in Mexico and beyond.
DD3 Acquisition Corp. (Nasdaq: DDMX), a publicly traded special purpose acquisition company and Betterware de Mexico, a leading direct-to-consumer selling company in Mexico, announced today they have entered into a definitive agreement to merge. The combined company will operate as “Betterware” and is expected to remain publicly listed on Nasdaq. The transaction implies an initial enterprise value of […]