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Olive Tree People Announces Market Expansions Amid 2,500% Growth Rate

BY DSN Staff Writer | October 04, 2024 | read / Daily News / Financial

Oliveda International, Inc. announced Q3 2024 growth of 2,500% compared to Q3 2023. This is a 47% increase compared to Q2 2024 and a more than 580% increase compared to the first quarter of 2024.

The company’s new US shipping center, opened in August 2024, has already shipped more than 240,000 orders, with further increases expected in the fourth quarter projected to exceed 400,000 orders. Consultant numbers withing the company have also experienced exponential growth, with fourth quarter guidance anticipated to surpass 50,000 people by the end of the year.

As a result of this growth, the company announced planned expansions into Canada, the United Kingdom, and an additional continent to be announced at a later date.

“The number of inquiries in these countries has increased enormously in the past few weeks, and this made the decision very easy for us,” said Thomas Lommel, Olive Tree People Founder and CEO. “Olive Tree People and its waterless beauty movement will be made accessible to many millions of people via large-scale advertising campaigns, such as the campaign highlighting how the water we do not use in our products we bring to the people in Africa by building water wells as well as the campaign: Water is for drinking and not for skincare. Olive Tree People will also return to its roots and place more and more emphasis on the tree of the three generations – the olive tree around which everything revolves at Olive Tree People.”

Posted in Daily News, Financial and tagged Olive Tree People, Oliveda International, Thomas Lommel.
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