BETHESDA, MD, Dec. 12, 2024 (GLOBE NEWSWIRE) —HWH International Inc. (Nasdaq: HWH) is proud to announce its plans to begin its marketing efforts in the U.S. in the first quarter of 2025.
The Company’s wholly owned subsidiary, Hapi iRobot Pte. Ltd. has entered into a strategic partnership with Sharing Service Global Corporation (OTC: SHRG) to establish a dedicated showroom in conjunction with the recently announced Distribution Rights Agreement HWH has entered into with Guangzhou Inbot Technology Ltd. As part of this agreement SHRG will establish a U.S. based sales force with various partners in each sector of the robotics space to market, sell, and lease these unique products throughout the U.S. and Canada. These sectors will include but will not be limited to state-of-the-art service robots offering solutions for reception, delivery, security, cleaning, and table service applications. Inbot, a renowned service robot research and development company will provide a comprehensive suite of service robots designed to enhance operational efficiency and customer engagement.
Robot-as-a-Service (RaaS) Model
The RaaS model offers subscription-based robotics solutions that transform how businesses operate across industries, including hospitality, food and beverage, retail, shopping malls, healthcare, and education. “This partnership gives us the opportunity to penetrate the U.S. and Canadian market quickly, as SHRG has the infrastructure in place to start immediately marketing the products starting in the 1st quarter of 2025,” said Mr. Heng Fai Chan, Chairman of HWH International Inc. “With the growing demand for automation and service efficiency, our RaaS model enables businesses to access state-of-the-art robots without the heavy upfront investment.”
HWH RaaS Key Features:
HWH’s RaaS offering includes a diverse range of service robots tailored to meet industry-specific needs industries:
- Flexibility: Scalable robotic services based on demand, ensuring cost-effectiveness.
- Comprehensive Support: Ongoing maintenance and software updates allow clients to focus on core operations.
- Customization: Robots can be tailored to address the unique requirements of different industries and businesses.
Driving Market Growth
The Robotics as a Service (RaaS) Market is projected to grow significantly, with market size expected to expand from USD $8.19 billion in 2023 to USD $63.24 billion by 2032, at a CAGR of 25.5% during the forecast period (2024–2032), according to Market Research Future.
About Guangzhou Inbot Technology Ltd.
Established in 2013, Guangzhou Inbot Technology Ltd. (well-known as “Inbot Tech”) is a high-tech enterprise focusing on the research and development, and the production of commercial service robots. Inbot Technology has its headquarter in Huangpu Business Center, Guangzhou and have established over ten branches and offices in new first-tier cities all over China. Inbot Tech has several patents in the core technology of robots, creating huge advantages in the underlying technologies of service robots such as human-computer interaction, face recognition, indoor navigation, and autonomous movement. Inbot Tech has a great number of successful commercial cases until now. PadBot Robot, a service robot brand launched by Inbot Tech, has built a robot product matrix around the horizontal development of the needs of commercial properties. The matrix includes commercial service robots (P/X series), delivery robots (W series), security patrol robots (S series) and cleaning & disinfection robots (C/D series). Products of PadBot Robot are currently sold in Europe, the United States, Asia, and many other countries and regions worldwide. As a result, PadBot Robot became a key procurement target of many internationally renowned distributors.
For more information, visit: https://padbotrobot.
About HWH International Inc.
HWH International Inc. is a purpose-driven lifestyle company encompassing differentiated offerings from four core pillars: Hapi Marketplace, Hapi Cafe, Hapi Travel and Hapi Wealth Builder. HWH develops new pathways to help people in their pursuit of Health, Wealth and Happiness.
For more information, visit: https://www.hwhintl.
About Sharing Services Global Corporation
Sharing Services Global Corporation (OTC: SHRG), formerly Sharing Services Inc., is a publicly traded company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies in the direct selling sector and other industries. The Sharing Services combined platform currently leverages the capabilities and expertise of various companies that market and sell products direct to the consumer through independent contractors and vendors.
