DubLi Celebrates 12th Anniversary
How DubLi Came to Lead the Ecommerce Direct Sales Industry
DubLi.com and DubLi Network were founded by Danish creative mind and entrepreneur Michael Hansen, a former LEGO engineer. While DubLi.com began as a successful online reverse auction platform, Mr. Hansen saw a more scalable opportunity in delivering Cashback to consumers worldwide and working with entrepreneurs to generate earnings from the products and services that people buy online every day. This transformed the DubLi properties and positioned them as leaders in the growing global ecommerce market.
In February 2011, DubLi.com transitioned into a global ecommerce platform, capitalizing on the evolution of the cross-border online retail trend. DubLi.com's multi-lingual and multi-regional approach to online shopping and travel combined with Cashback discounts, coupons and vouchers ensure a complete personalized shopping experience. DubLi.com customers have access to world-known brands and earn back a percentage of the money they spend on their everyday online purchases.
To market its international online portal, DubLi Network uses direct selling as an efficient way to attract customers to the DubLi online marketplace. DubLi Network provides its team of Business Associates from all over the world a unique opportunity to earn a residual income stream by marketing DubLi.com memberships to consumers. This innovative approach has provided a strong foundation for success -- extending the brand organically to new customers and international markets.
"DubLi's global team of visionaries has propelled the company far beyond its initial expectations and is an important aspect of DubLi's ongoing success," said Mr. Hansen. "We have grown from a small start-up in Denmark into the world's largest ecommerce network marketing company with customers in over 120 countries, Business Associates in almost 100 countries, and full-time staff in four countries and on three continents. This anniversary marks 12 years of providing different ecommerce opportunities in professional, vibrant and cutting edge shopping formats for which DubLi is now a world leader."
About DubLi.com
DubLi.com is a global leader in online shopping and Cashback rewards to customers worldwide. DubLi is emerging as a leading ecommerce platform 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 ecommerce platform to serve 12 international markets in local language and currency to strengthen its global ecommerce 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 embraced the multi-channel approach to market its ecommerce platform. DubLi offers 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 headquartered in Fort Lauderdale, Florida.
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 DubLi'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. DubLi may not actually achieve the expectations disclosed in the forward-looking statements and you should not place undue reliance on DubLi'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 Cashback 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 develop and/or maintain our growing partner programs; the ability to obtain and maintain digital coupon content on our website; the risks related to DubLi's ability to manage its growth, including accurately planning and forecasting its financial results; the competitive environment for DubLi's business; DubLi'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; DubLi's ability to manage international business uncertainties; along with other risks and potential factors that could affect DubLi's business and financial results identified in DubLi'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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