Problems at Betterware de Mexico (BWMX)

Problems at Betterware de Mexico (BWMX)

Betterware de Mexico (NASDAQ: BWMX — $1.36 billion) is a Mexican MLM and one of the best performing SPAC deals since its March 2020 listing. The company has reported triple-digit sales growth and claims to have “1,230,699 active associates,” more than six times the number of employees of Walmart Mexico, the country’s largest employer. Since November 201…

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