SEATTLE, WA and BELLEVUE, WA—(Marketwired – Nov 18, 2015) – DubLi Network, the world's largest e–commerce network marketing company through its Cash Back shopping platform, DubLi.com, today announced that Vinod Kumar has joined DubLi Network.
Mr. Kumar joins DubLi Network following a successful 14–year career in the network marketing industry. Earlier in his career, he was a Regional Manager at both Johnson & Johnson and Novo Nordisk. He left his corporate career to join the network marketing industry to celebrate life, become a global success story and to influence others in achieving big dreams. During his time at MonaVie, Mr. Kumar built a team of approximately 65,000 throughout India, Malaysia, the Middle East, the United Kingdom, the United States and Singapore.
“The key drivers of success for a network marketing company include a strong global presence, a management team with a great vision and high ethical standards, superior quality products, obtainable long–term residual income and a credible reputation within the industry,” said Vinod Kumar. “The DubLi Network opportunity made sense to me as DubLi's vision is based on the future of e–commerce/m–commerce. When combined with the proven direct selling model, DubLi Network presents a perfect combination for growth that allows Business Associates to introduce a maximum amount of online shoppers to Cash Back benefits. My goal with DubLi Network is to create personal success stories for our team and build an unrivaled global e–commerce empire across 100 countries in the next five years.”
“It is leaders such as Vinod that we aspire to attract to DubLi Network's unique and valuable business model,” said Michael Hansen, Founder and Executive Vice President of Business Development of DubLi. “We are delighted to have him join the DubLi Network team and appreciate his passion for our business and success thus far.”
DubLi Network is a sophisticated, e–commerce network marketing company based on Cash Back shopping and travel, and the global leader in providing e–business network marketing opportunities to Independent Business Associates in almost 100 countries. DubLi Network offers Business Associates an opportunity earn an income by marketing its online Cash Back shopping portal and selling premium memberships through DubLi.com. For more information, visit www.dublinetwork.com.
About DubLi.com
DubLi.com is a global leader in online shopping and Cash Back rewards to customers worldwide. DubLi is emerging as a leading e–commerce platform offered through network marketing, currently serving customers in more than 120 countries. E–shoppers can browse through different categories, which feature international and local brands, travel, coupons, discounts and vouchers. DubLi has adapted its multilingual and multi–regional e–commerce platform to serve 12 international markets in local language and currency to strengthen its global e–commerce presence and encourage sales in its countries of operation. Depending on the market, DubLi.com features the world's most popular brands including Amazon.in, Walmart, Nike, Hotels.com, Zalando, Groupon and Expedia.
Since its founding by Michael Hansen in 2003, DubLi has offered entrepreneurs the opportunity to create their own distributor organization by joining the direct sales company, DubLi Network (dublinetwork.com). The global network of independent distributors generates traffic and the resulting sales to DubLi.com as well as markets a variety of memberships.
DubLi and DubLi Network are subsidiaries of Ominto, Inc. and are headquartered in Seattle, Washington.
Forward–looking Statements
This document contains forward–looking statements that involve substantial risks and uncertainties. All statements, other than statements of historical facts, included in this press release regarding Ominto's strategy, future operations, future financial positions, prospects, plans and objectives of management are forward–looking statements. Without limiting the generality of the foregoing, words such as “may,” “will,” “to,” “plan,” “expect,” “believe,” “anticipate,” “intend,” “could,” “would,” “estimate,” “target” or “continue” and similar expressions (or the negative of these terms) are intended to identify forward–looking statements. These forward statements include, among other things, statements about management's estimates regarding future revenues and financial performance and other statements about management's beliefs, intentions or goals. Ominto may not actually achieve the expectations disclosed in the forward–looking statements and you should not place undue reliance on Ominto's forward–looking statements. These forward–looking statements involve risks and uncertainties that could cause actual results or events to differ materially from the expectations disclosed in the forward–looking statements, including, but not limited to: our ability to successfully obtain consumer and/or market acceptance of our membership Cash Back program; the ability to attract customers who purchase through our website; our ability to obtain additional funding and/or generate sufficient working capital to fund our operations; the ability to establish and/or maintain a large growing base of productive business associates; the ability to obtain and maintain digital coupon content on our website; the risks related to Ominto's ability to manage its growth, including accurately planning and forecasting its financial results; the competitive environment for Ominto's business; Ominto's ability to protect consumer data and our intellectual property; the ability to adapt to mobile and technological change; the need to manage regulatory, tax and litigations risk; Ominto's ability to manage international business uncertainties; along with other risks and potential factors that could affect Ominto's business and financial results identified in Ominto, Inc.'s filings with the Securities and Exchange Commission, including its Annual Report on Form 10–K for the fiscal year ended September 30, 2014.
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