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Is Amway a regular company?
Amway is a regular company.

Enterprises engaged in direct selling business must obtain a direct selling business license with the approval of the Ministry of Commerce. Without approval, no unit or individual may engage in direct selling. 1992, Amway invested100000 yuan to set up a factory in Guangzhou. 1992, Amway's direct selling model was approved by the State Administration for Industry and Commerce.

Amway sales, the implementation of pyramid selling management and marketing model, online profit means through offline and their own sales, and the difference from illegal pyramid selling is that it takes the use of products as the premise and the sales of actual products as the profit means.

The development history of Amway:

The founders of Amway, Wen Ange Ge and Devise, used to be direct sellers of Nutrilite. 1959, they left Nutrilite Company to set up Amway (A) Company, reformed Nutrilite's original pyramid scheme, and then sold self-made detergent, which achieved great success.

From 65438 to 0960, Amway's first fiscal year sales exceeded $500,000. 196 1 year, Amway held the first direct seller conference, and there were 200 direct sellers that year.

1963, Amway established its first foreign branch in Canada, which marked Amway becoming a multinational enterprise.