sources: Pixabay
As part of this new digital transformation initiative, Herbalife plans to invest $400 million, including an incremental expenditure of up to $250 million over three years, to develop new technologies and streamlined processes that will boost productivity and efficiency.
– We are excited to announce the board’s approval to proceed with our new digital transformation platform, the largest single investment in the company’s history. The design of this new seamless platform experience is a result of extensive collaboration with our distributors to identify a technology that will enable our future growth, by delivering a best-in-class digital experience for all distributors and their customers – said John Agwunobi, chairman and CEO of Herbalife Nutrition.