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QNET Timeline









  • To reflect organic growth, an expanding product offering, localised operations, and the natural evolution of the company, QuestNet becomes a new company, QNET.





  • QNET becomes the key sponsor and partner for the QI-Meritus.Mahara team in the first annual GP2 Asia Series 2008.
  • QNET is appointed for the third time as an official distributor of the Olympic Games coin memorabilia in line with the Beijing 2008 Olympic Games.
  • A major company delegation participates in the World Federation of Direct Selling Associations (WFDSA) World Congress XIII in Singapore.
  • The groundwork for the QNET Advisory Board is established consisting of experts in legal and corporate affairs, as well as business and product development. The board provides strategic decision-making and safeguarding to ultimately benefit the network and guide the company.
  • QNET celebrates its milestone tenth anniversary worldwide.
  • QNET’s magazine for IRs is launched: aspIRe magazine.
  • QVI Club launches its XChangeWorld holiday share network, to bring more than 3,000 locations in 120 countries to QVI Club members.


  • QNET teams up with international institutions to further its goal of changing lives. The company cooperates with Commonwealth countries to enhance global trade and investment by sponsoring the Commonwealth Business Forum 2007 in Uganda, and shows its support for the alleviation of human suffering by donating to the Bahrain Red Crescent Society (BRCS).
  • QNET-sponsored CIMB Team QI-Meritus is officially confirmed as Champion of the 2007 Formula BMW Asia Series in Shanghai, China.
  • The QNET eStore undergoes major overhaul with the addition of downloadable marketing and training tools, multilingual support, and enhanced Virtual Office, and localisation.








  • QNET invests in a UK-based independent telecommunications provider that has delivered some of the most advanced telecommunications solutions in the United Kingdom. The telco supplier is later responsible for some of QNET’s innovatively popular products in its In-Voice brand.
  • The number of QNET Independent Representatives around the world reaches one million.


  • QNET carves another milestone as it is honourably appointed as a licensed distributor of the Fédération Internationale de Football Association (FIFA) commemorative coin programme for a record of 89 countries.
  • The full spectrum of QNET’s current and upcoming products is exhibited for the first time ever at V-Convention 2004 held at Dubai and coinciding with the sixth anniversary of QNET.
  • A signing ceremony is held between QNET and the Ministry of Tourism of Cambodia for the Angkor Wat Commemorative Coin endorsement. A substantial donation is given to the country’s Red Cross Foundation.
  • QNET releases a new Compensation Plan supplemented with attractive opportunities and benefits. 
  • QNET introduces the luxury watch and jewellery brand Bernhard H. Mayer® to the network.




  • Microsoft® spotlights QNET as one of the early adopters of Internet technology as QNET deploys Microsoft® Windows Server® 2003, a fault-tolerant environment providing first-class security, enhanced system manageability, and high volume transaction capability.
  • QNET forms a strategic alliance with the International Badminton Federation (IBF) and sponsors the 2003 QI-IBF Badminton World Championships in Birmingham, England.
  • The company presents ‘Disney on Ice – Beauty and the Beast’ in Penang, Malaysia, for an audience of 200 orphaned children.
  • QNET becomes the second-largest exhibitor at the Singapore International Coin Show in Suntec, Singapore.
  • QNET participates in the 2003 Kuala Lumpur International Money Fair in Kuala Lumpur, Malaysia, and is awarded as the second-largest, most interactive, and most frequently visited booth.
  • The company reinforces its international presence as it is appointed as one of the few authorised distributors of official coins for the Athens 2004 Olympic Games.



  • QNET launches its QVI Club brand of holiday packages and subsequently partners with one of the world’s leading providers of products and services in the travel and leisure industries.
  • The company enhances its eStore by launching a diverse Cycle Redemption collection with 100-plus products that include luxury jewellery, timepieces and accessories.
  • QNET representative offices are opened in Taiwan and Abu Dhabi and business expands to countries such as Australia, United Arab Emirates, Sri Lanka, the United Kingdom, Finland, and East Europe.


  • The company secures a landmark deal for official marketing rights to the 2002 FIFA World Cup Korea Japan coin programme. QNET is also appointed by the Food and Agriculture Organization of the United Nations (FAO) as an exclusive worldwide agent of the FAO Gold Coins Programme.
  • QNET reaches India, Dubai, Indonesia and Thailand.
  • Following the success of the network gathering held the previous year by The V in the Philippines, the V-Convention series of events is launched, with the inaugural event held in Bali, Indonesia.




  • Following a successful entry into the numismatics industry, QNET continues to expand internationally through backward integration. The company formalises a strategic alliance with B.H. Mayer’s Mint, Germany, one of the oldest, privately owned mints in Europe. Absolute product quality control, superior craftsmanship, and state-of-the-art equipment guarantee the production of the highest quality products.
  • The eStore is integrated into the QNET website to maximise opportunities for Internet commerce and deepen the company’s relationships with its clients.
  • An historic 5,000 network marketers are recorded in attendance of The V gathering at the ULTRA Stadium, Philippines.


  • As opposed to the spawning of door-to-door direct selling, QNET redefines business and becomes credited as one of the first Asian companies to push network marketing online as it launches its official website.
  • The company merges direct sales and multilevel marketing together with a diverse range of luxury jewellery, watches, collectible coins, and medallions (numismatics) as its sales model.
  • The QNET enterprise flourishes throughout Southeast Asia, beginning with Singapore and Malaysia.
  • The V (the network training arm of QNET) celebrates its first anniversary at the Westin Philippine Plaza Hotel with 1,000 guests.


  • Amidst the Asian economic crisis and dot-com rubble, a group of friends led by two charismatic personalities set up a multilevel marketing business in Manila, Philippines, known today the world over as QNET.
  • Founders Vijay Eswaran and Joseph Bismark later lead a team of enthusiastic, hardworking, young and corporate-savvy entrepreneurs to set up international business in the dynamic city of Hong Kong. 
  • In only its inaugural year of operations, QNET’s future is cemented as it procures the official rights to distribute the commemorative coins for the Sydney 2000 Olympic Games.