Nu Skin Enterprises, Inc. (NUS) News
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Latest NUS News From Around the Web
Below are the latest news stories about NU SKIN ENTERPRISES INC that investors may wish to consider to help them evaluate NUS as an investment opportunity.
What Does Nu Skin's Mavely Sale Mean for Its Long-Term Strategy?NUS' subsidiary has sold its Mavely affiliate marketing platform to Later for nearly $250 million, boosting innovation and resources. |
Nu Skin Sells Its Mavely Amidst Industry CompetitionIt's the price for losing in competition |
Nu Skin Sells Mavely Platform to Later for $250MNu Skin ( (NUS) ) has issued an update. Nu Skin Enterprises announced the sale of its Mavely affiliate marketing technology platform to Later for approximately $250 million, including cash and a minority equity stake. The transaction is expected to enhance Nu Skin’s capabilities in its affiliate marketing business and provide capital for innovation and debt repayment, yielding a five-times return on investment in Mavely since 2021. More about Nu Skin Nu Skin Enterprises Inc. is an integrated bea |
Nu Skin (NUS) Shares Skyrocket, What You Need To KnowShares of personal care company Nu Skin (NYSE:NUS) jumped 21.9% in the morning session after the company announced the sale of the Mavely affiliate technology platform, owned by its subsidiary Rhyz Inc., to Later, a marketing and social media management software firm. Valued at $250 million, the deal delivered a substantial payoff, with management adding, "This transaction yielded roughly a fivefold return on the company's total investment in Mavely since its acquisition in 2021." |
Nu Skin (NUS) Up 17% at Pre-Market Trade After Raising $250M Fresh FundsInvestors placed bets on shares of Nu Skin Enterprises Inc. (NYSE:NUS) at pre-market trading to buoy its prices by nearly 17 percent following news that it raised $250 million from the sale of its affiliate marketing technology platform. On Friday, Nu Skin (NUS), through its subsidiary Rhyz Inc. said it completed the sale of the […] |
Nu Skin Enterprises jumps on a deal to sell its Mavely marketing tech platformShares of Nu Skin Enterprises Inc. jumped over 17% in pre-market trade on Friday after the company announced a transaction through its unit, Rhyz Inc., involving the sale of its Mavely affiliate marketing technology platform to Later, a portfolio company of Summit Partners. In exchange, Nu Skin received about $250 million, consisting of cash and a minority equity stake in the newly formed Later/Mavely business. This move is part of Nu Skin’s strategy to improve its position in the beauty, wellness, and lifestyle sectors. |
Why Is Nu Skin Enterprises Stock Jumping Today?Nu Skin Enterprises, Inc. (NYSE:NUS) saw its shares rise on Friday following the announcement of a strategic transaction by its Rhyz Inc. subsidiary. Rhyz has sold its Mavely affiliate marketing technology platform to Later, a portfolio company of Summit Partners, for approximately $250 million in cash and a minority equity stake in the combined Later/Mavely business. The deal, which also includes $33 million to be paid to other equity holders in the Mavely business, is part of Nu Skin’s broader |
Later Acquires Mavely for $250 Million, Unlocking New Opportunities for Marketers and Creators to Maximize their Return on SocialLater, a leader in influencer marketing and social media management software and services, today announced its acquisition of Mavely, the leading Everyday Influencer Platform.® This acquisition accelerates Later's ability to deliver full-funnel impact and measurable ROI for marketers while enabling creators to maximize their earnings through social commerce. The deal, valued at $250 million, was funded with a strategic investment from global growth equity investor, Summit Partners. |
Nu Skin Enterprises Announces Strategic Transaction of Mavely for $250 MillionPROVO, Utah, January 03, 2025--Nu Skin Enterprises Inc. (NYSE: NUS) today announced that its Rhyz Inc. subsidiary completed a strategic transaction with Later, a portfolio company of Summit Partners. As part of the transaction, Rhyz sold its Mavely affiliate marketing technology platform to Later in exchange for approximately $250 million in the form of cash and a minority equity stake in the combined Later/Mavely business. Approximately $33 million of such consideration will be paid to other eq |
Institutional owners may take dramatic actions as Nu Skin Enterprises, Inc.'s (NYSE:NUS) recent 12% drop adds to one-year lossesKey Insights Significantly high institutional ownership implies Nu Skin Enterprises' stock price is sensitive to their... |