HWH International Inc. - HWH STOCK NEWS

HWH International (Nasdaq: HWH) provided updates on its Hapi Cafe business expansion across Asia. The company currently operates one outlet in Singapore and two in South Korea, with affiliated locations in Taiwan and China. The company announced the launch of Hapi Cafe X, a new initiative targeting partnerships with fitness centers, co-work spaces, and showrooms.

Hapi Cafe integrates HWH's 4-in-1 philosophy focusing on health, wealth, and happiness, offering nutritious meals including Keto diet plans. The company successfully launched its Wealth Builder Program in November through its Dongguan location and plans to expand these workshops throughout Asia. The new Hapi Cafe X model aims to minimize operating investments while expanding brand presence, with rollout planned for the first half of 2025.

HWH International (Nasdaq: HWH) provided an update on its Hapi Travel joint venture, where it holds a 19% stake. The venture, established in April 2024 with industry entrepreneur Chen Ziping and HWH's Executive Chairman Heng Fai Chan, has formed HapiTravel Holding Pte. in Singapore as a WOFE for China operations.

The venture focuses on three key areas: educational tours for Chinese schools, conference tour packages, and a B2B hotel booking system. In the first three quarters of 2024, the venture generated over $18 million in revenue. The company has established operations in Hong Kong through Hapi Travel Hong Kong and plans to expand into Singapore and Malaysia to capitalize on growing China-ASEAN travel demand.

HWH International (Nasdaq: HWH) has announced a strategic partnership with Asia Business College to launch its Hapi Wealth program in China during Q1 2025. The program, focused on equity investment and wealth-building education, follows a successful soft launch in November 2024. The company has established a China headquarters as a dedicated hub for in-person tutorials and workshops.

The partnership will initially deliver content in Chinese and English, with plans for expansion into additional languages. HWH will utilize its network of Hapi Cafés as venues for program sessions and community building. The company plans to expand the program globally, targeting North America after the Asian market rollout, and aims to adapt its offerings through partnerships in education, retail, travel, and food and beverage sectors.

HWH International (Nasdaq: HWH) has announced plans to expand its robotics division into the U.S. market starting Q1 2025. The company's subsidiary, Hapi iRobot, has partnered with Sharing Service Global (SHRG) to establish a showroom in Dallas, Texas, following a Distribution Rights Agreement with Guangzhou Inbot Technology.

The partnership includes SHRG establishing a U.S.-based sales force to market, sell, and lease robotics products across the U.S. and Canada. The company will offer Robot-as-a-Service (RaaS) solutions for various applications including reception, delivery, security, cleaning, and table service. The RaaS market is projected to grow from $8.19 billion in 2023 to $63.24 billion by 2032, with a CAGR of 25.5%.

HWH International (Nasdaq: HWH) has announced a strategic partnership with Guangzhou Inbot Technology through its subsidiary Hapi iRobot Pte. (HIPL). The partnership will integrate Inbot's Padbot Robot product line into HIPL's offerings, providing service robots for reception, delivery, security, cleaning, and table service applications.

HIPL has secured distribution rights for Padbot's products across multiple markets including Singapore, Malaysia, Hong Kong, Thailand, South Korea, Japan, the United States, and Canada. The partnership implements a Robot-as-a-Service (RaaS) model, offering subscription-based robotics solutions for various industries including hospitality, retail, healthcare, and education. The RaaS market is projected to grow from $8.19 billion in 2023 to $63.24 billion by 2032, with a CAGR of 25.5%.

HWH International Inc. (Nasdaq: HWH) has launched Hapi Marketplace, a B2C platform offering products across 47+ categories including wellness, elderly care, and auto accessories. The marketplace features specially sourced products and will offer various membership levels with exclusive access to value-driven products and services. Initially launching in the United States, the platform plans to expand to South Korea, Hong Kong, and other Asian markets. The company aims to provide competitive pricing and efficient customer support to enhance its lifestyle membership offering.

HWH International (Nasdaq: HWH) announces the launch of Hapi Wealth, a comprehensive equity investment and wealth-building education program. The initiative begins with a soft launch in China and Asia in November 2024, followed by an official launch in January 2025. The company plans North American expansion in early 2025.

The program includes a new China headquarters facility offering in-person courses, workshops, and coaching sessions. According to Executive Chairman Heng Fai Chan, Hapi Wealth aims to empower individuals toward financial independence through a community-centric approach, aligning with HWH's mission as a lifestyle membership company.

HWH International Inc. has entered into a joint venture to expand its travel business in Asia. The joint venture, HapiTravel Holding Pte. , involves experienced entrepreneur Mr. Chen Ziping and HWH's Executive Chairman Mr. Chan Heng Fai Ambrose. HWHPL will own 19% of the joint venture, Mr. Chan 11%, and Mr. Chen 70%. The partnership aims to enhance market presence, explore new regions, and target specific hospitality segments.