1959, young Richard Devosse and Jay Van Roan co-founded Amway Company in a basement in Grand Rapids, Michigan, USA, and successfully opened the market with an environmentally friendly and multi-purpose concentrated cleaner.
1962 expanded its business to Canada, and the first branch outside North America opened in Australia in 197 1.
1972, Nutrilite Supplementary Food Company officially became a subsidiary of Amway.
1980 annual sales exceeded the 1 billion dollar mark.
1989 was awarded the "Environmental Protection Achievement Award" by the United Nations, becoming the second private enterprise to win this honor.
1995, a large factory building in Guangzhou Economic and Technological Development Zone was officially put into production, and Amway (China) Company also opened in April of the same year.
1996, American private enterprises ranked 22nd.
From 65438 to 0997, Nutrilite became one of the largest brands of vitamin and mineral nutritional supplements in the world.
1In July, 1998, with the approval of the Ministry of Foreign Trade and Economic Cooperation, the State Administration for Industry and Commerce and the State Bureau of Domestic Trade, Amway (China) successfully transformed itself by opening a shop and hiring salesmen.
In 2000, Amway, Quixtar and Access Business Group merged into Alticor Inc Andago, and now it has 65,438+03,000 employees and 3.9 million salespeople worldwide.
In August 2003, the turnover in China reached the first place in the world.
In 2004, the sales of Amway (China) reached RMB 654.38+0.7 billion, and the tax paid was RMB 3.7 billion, making it the largest market of Amway in the world.
At present, Amway's business has spread to more than 80 countries and regions on five continents, with more than 654.38+200,000 employees and more than 3 million marketers worldwide. There are more than 400 products with Amway as the trademark. Amway now has 380 product patents, and 430 are still being applied for.
Now Amway implements single-level compensation and adds new products.