HWH International Inc. and Guangzhou Inbot Technology Ltd Announce Strategic Partnership to Drive Global Robotics Expansion
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 (Nasdaq: HWH) ha annunciato una partnership strategica con Guangzhou Inbot Technology tramite la sua controllata Hapi iRobot Pte. (HIPL). La partnership integrerà la linea di prodotti Padbot Robot di Inbot nelle offerte di HIPL, fornendo robot di servizio per applicazioni di accoglienza, consegna, sicurezza, pulizia e servizio ai tavoli.
HIPL ha ottenuto i diritti di distribuzione per i prodotti Padbot in diversi mercati tra cui Singapore, Malesia, Hong Kong, Thailandia, Corea del Sud, Giappone, Stati Uniti e Canada. La partnership implementa un modello di Robot-as-a-Service (RaaS), offrendo soluzioni robotiche basate su abbonamento per vari settori, tra cui ospitalità, vendita al dettaglio, sanità e istruzione. Si prevede che il mercato RaaS cresca da 8,19 miliardi di dollari nel 2023 a 63,24 miliardi di dollari entro il 2032, con un CAGR del 25,5%.
HWH International (Nasdaq: HWH) ha anunciado una asociación estratégica con Guangzhou Inbot Technology a través de su filial Hapi iRobot Pte. (HIPL). La asociación integrará la línea de productos Padbot Robot de Inbot en las ofertas de HIPL, proporcionando robots de servicio para recepción, entrega, seguridad, limpieza y servicio de mesa.
HIPL ha asegurado los derechos de distribución de los productos de Padbot en múltiples mercados, incluidos Singapur, Malasia, Hong Kong, Tailandia, Corea del Sur, Japón, Estados Unidos y Canadá. La asociación implementa un modelo de Robot-as-a-Service (RaaS), ofreciendo soluciones robóticas basadas en suscripción para varias industrias, incluida la hospitalidad, el comercio minorista, la atención médica y la educación. Se proyecta que el mercado de RaaS crezca de 8.19 mil millones de dólares en 2023 a 63.24 mil millones de dólares para 2032, con una tasa compuesta anual del 25.5%.
HWH International (Nasdaq: HWH)는 그 자회사 Hapi iRobot Pte. (HIPL)를 통해 Guangzhou Inbot Technology와 전략적 파트너십을 발표했습니다. 이 파트너십은 Inbot의 Padbot 로봇 제품 라인을 HIPL의 서비스에 통합하여 접수, 배송, 보안, 청소 및 테이블 서비스 응용 프로그램을 위한 서비스 로봇을 제공합니다.
HIPL은 싱가포르, 말레이시아, 홍콩, 태국, 한국, 일본, 미국 및 캐나다를 포함한 여러 시장에서 Padbot 제품의 유통 권리를 확보했습니다. 이 파트너십은 Robot-as-a-Service (RaaS) 모델을 구현하여, 환대, 소매, 의료 및 교육 등 다양한 산업을 위한 구독 기반 로봇 솔루션을 제공합니다. RaaS 시장은 2023년 81.9억 달러에서 2032년에는 632.4억 달러로 성장할 것으로 예상되며, 연평균 25.5% 성장률을 기록할 것으로 보입니다.
HWH International (Nasdaq: HWH) a annoncé un partenariat stratégique avec Guangzhou Inbot Technology par le biais de sa filiale Hapi iRobot Pte. (HIPL). Ce partenariat intégrera la gamme de produits Padbot Robot d’Inbot dans les offres de HIPL, fournissant des robots de service pour des applications d’accueil, de livraison, de sécurité, de nettoyage et de service à table.
HIPL a obtenu les droits de distribution pour les produits de Padbot sur plusieurs marchés, y compris Singapour, Malaisie, Hong Kong, Thaïlande, Corée du Sud, Japon, États-Unis et Canada. Le partenariat met en œuvre un modèle de Robot-as-a-Service (RaaS), offrant des solutions robotiques basées sur un abonnement pour divers secteurs, y compris l'hôtellerie, le commerce de détail, la santé et l'éducation. Le marché RaaS devrait passer de 8,19 milliards de dollars en 2023 à 63,24 milliards de dollars d'ici 2032, avec un taux de croissance annuel composé de 25,5%.
HWH International (Nasdaq: HWH) hat eine strategische Partnerschaft mit Guangzhou Inbot Technology über seine Tochtergesellschaft Hapi iRobot Pte. (HIPL) angekündigt. Die Partnerschaft wird die Produktlinie der Inbot Padbot-Roboter in das Angebot von HIPL integrieren und Service-Roboter für Empfang, Lieferung, Sicherheit, Reinigung und Tischservice bereitstellen.
HIPL hat die Vertriebsrechte für die Produkte von Padbot in mehreren Märkten, einschließlich Singapur, Malaysia, Hongkong, Thailand, Südkorea, Japan, den Vereinigten Staaten und Kanada, gesichert. Die Partnerschaft implementiert ein Robot-as-a-Service (RaaS)-Modell, das abonnementbasierte Robotiklösungen für verschiedene Branchen, einschließlich Gastgewerbe, Einzelhandel, Gesundheitswesen und Bildung, anbietet. Der RaaS-Markt wird von 8,19 Milliarden Dollar im Jahr 2023 auf 63,24 Milliarden Dollar im Jahr 2032 mit einer jährlichen Wachstumsrate von 25,5% wachsen.
- Secured distribution rights across 8 major global markets
- Access to complete innovative robotics product line through partnership
- Entry into fast-growing RaaS market projected to reach $63.24B by 2032
- Implementation of subscription-based revenue model
- None.
Insights
BETHESDA, MD, Dec. 10, 2024 (GLOBE NEWSWIRE) -- HWH International Inc. (“HWH”) (Nasdaq: HWH) is proud to announce the signing of a strategic partnership agreement with Guangzhou Inbot Technology Ltd, a robotics company, through HWH’s wholly owned subsidiary, Hapi iRobot Pte. Ltd. (HIPL). This partnership represents a significant step in advancing global access to cutting-edge robotics solutions.
In collaboration with Inbot, a renowned service robot research and development company, HIPL will provide a comprehensive suite of service robots designed to enhance operational efficiency and customer engagement. This partnership combines Inbot’s innovative robotics technology with HIPL’s market reach across the United States and major Asian markets.
Under the partnership, HIPL will include Inbot’s entire innovative robotics product and service line into its offerings. Padbot Robot, a brand launched by Guangzhou Inbot Technology Ltd, specializes in state-of-the-art service robots offering solutions for reception, delivery, security, cleaning, and table service applications.
Distribution Rights Across Key Global Markets
Through this partnership, HIPL secures distribution rights for Padbot’s product line in Singapore, Malaysia, Hong Kong, Thailand, South Korea, Japan, the United States and Canada. This reflects the shared vision of both companies to deliver advanced robotics technologies to businesses worldwide.
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. “Our mission is to empower businesses by integrating advanced robotics into their operations,” 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. We are thrilled to partner with InBot to bring these solutions to market.”
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
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.com/.
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.com/
Forward Looking Statements
This press release contains, and certain oral statements made by representatives of HWH and its affiliates, from time to time may contain, “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. HWH’s actual results may differ from expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “might” and “continues,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding HWH’s continued growth and expansion and its ability to deliver value to customers and investors, along with those other risks described under the heading “Risk Factors” in the registration statement on Form S-1, filed by HWH with the Securities and Exchange Commission (the “SEC”) on December 3, 2024, and those that are included in any of HWH’s future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of HWH and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. HWH undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.
No Offer or Solicitation
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be deemed to be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.
For investor and media inquiries, please contact:
HWH International Inc.
4800 Montgomery Lane, Suite 210
Bethesda, MD 20814
301-971-3955
contact@hwhintl.com
FAQ
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