Business
HWH International Inc. announces plans to expand its Robotics division into the U.S. by establishing a Dallas, Texas based showroom and starting its marketing efforts in the 1st quarter of 2025.
BETHESDA, MD, Dec. 12, 2024 (GLOBE NEWSWIRE) -- HWH International Inc. (“HWH”) (Nasdaq: HWH) is proud to announce its plans to begin its marketing efforts in
About this update from Hwh International Inc.
[{"type":"text","content":"BETHESDA, MD, Dec. 12, 2024 (GLOBE NEWSWIRE) -- HWH International Inc. (“HWH”) (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...