Smoore Makes Forbes 2021 Global 2000 List

Smoore International Holdings is the only vaping technology company to make the Forbes 2021 Global 2000 list. The list ranks the world’s largest 2000 public companies. Smoore’s placement on the list confirms the legitimacy of the entire industry as a fast-growing and better alternative to cigarettes, with an expected compound annual growth rate (CAGR) of 28.1% from 2021 to 2028, according to Grandview Research.

Recognition on the list is a reflection of the company’s performance throughout 2020 and growth in market share from 16.5 percent in 2019 to 18.9 percent. The parent company to the Vaporesso brand, Smoore has over 1000 technology patents and more employees in R&D than sales, leading the vaping industry since 2009, according to a press release.

“These cutting-edge innovations are then worked into marketable products by Smoore’s sub-brands including Vaporesso, FEELM Lab and CCELL to be distributed around the world,” the release states. “Also, Smoore is proactively promoting atomization technology to other industries around the world. Vaporesso has been setting new industry standards and further driving innovation in this emerging industry with many more to come.”

Taking a snapshot of the world of business, the Forbes Global 2000 list measures companies using four equally weighted metrics: assets, market value, sales, and profits. Under Smoore, Vaporesso is committed to helping its vast network of international partners abroad and, driven by a strong sense of social responsibility, launched a series of campaigns aimed at helping those most affected, according to the release.

“Under the umbrella of Vaporesso Care, these campaigns helped affected communities in Indonesia where Vaporesso donated over 70 million rupiah and France where Vaporesso worked with local partners to distribute food to needy people over Christmas,” according to the release.