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HWH International Inc. Launches Hapi Marketplace, a Global B2C Marketplace Platform

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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 Inc. (Nasdaq: HWH) ha lanciato Hapi Marketplace, una piattaforma B2C che offre prodotti in oltre 47 categorie, tra cui benessere, assistenza agli anziani e accessori per auto. Il marketplace presenta prodotti selezionati appositamente e offrirà vari livelli di abbonamento con accesso esclusivo a prodotti e servizi orientati al valore. Lanciato inizialmente negli Stati Uniti, la piattaforma prevede di espandersi in Corea del Sud, Hong Kong e altri mercati asiatici. L'azienda punta a fornire prezzi competitivi e un supporto clienti efficiente per migliorare la sua offerta di abbonamenti legati allo stile di vita.

HWH International Inc. (Nasdaq: HWH) ha lanzado Hapi Marketplace, una plataforma B2C que ofrece productos en más de 47 categorías, incluyendo bienestar, cuidado de ancianos y accesorios para automóviles. El marketplace cuenta con productos especialmente seleccionados y ofrecerá diferentes niveles de membresía con acceso exclusivo a productos y servicios enfocados en el valor. Inicialmente lanzado en los Estados Unidos, la plataforma planea expandirse a Corea del Sur, Hong Kong y otros mercados asiáticos. La compañía tiene como objetivo proporcionar precios competitivos y un soporte al cliente eficiente para mejorar su oferta de membresías de estilo de vida.

HWH International Inc. (Nasdaq: HWH)가 Hapi Marketplace를 출시했습니다. 이 B2C 플랫폼은 웰빙, 노인 돌봄, 자동차 액세서리 등을 포함하여 47개 이상의 카테고리에서 제품을 제공합니다. 이 마켓플레이스는 특별히 조달된 제품을 특징으로 하며, 가치 중심의 제품 및 서비스에 대한 독점 액세스를 제공하는 다양한 회원 등급을 제공합니다. 처음에는 미국에서 출시되며, 이 플랫폼은 한국, 홍콩 및 기타 아시아 시장으로 확장할 계획입니다. 이 회사는 경쟁력 있는 가격과 효율적인 고객 지원을 제공하여 라이프스타일 회원사 offering을 강화하는 것을 목표로 하고 있습니다.

HWH International Inc. (Nasdaq: HWH) a lancé Hapi Marketplace, une plateforme B2C offrant des produits dans plus de 47 catégories, y compris le bien-être, les soins aux personnes âgées et les accessoires auto. Le marché propose des produits spécialement sélectionnés et offrira divers niveaux d'adhésion avec un accès exclusif à des produits et services axés sur la valeur. Lancement initial aux États-Unis, la plateforme prévoit de s'étendre en Corée du Sud, à Hong Kong et dans d'autres marchés asiatiques. L'entreprise vise à fournir des prix compétitifs et un support client efficace pour améliorer son offre d'adhésion au style de vie.

HWH International Inc. (Nasdaq: HWH) hat Hapi Marketplace ins Leben gerufen, eine B2C-Plattform, die Produkte in über 47 Kategorien anbietet, darunter Wellness, Altenpflege und Autozubehör. Der Marktplatz bietet speziell ausgewählte Produkte und wird verschiedene Mitgliedschaftsstufen mit exklusivem Zugang zu wertorientierten Produkten und Dienstleistungen anbieten. Der Start erfolgt zunächst in den Vereinigten Staaten, mit Plänen zur Expansion nach Südkorea, Hongkong und anderen asiatischen Märkten. Das Unternehmen zielt darauf ab, wettbewerbsfähige Preise und effizienten Kundensupport bereitzustellen, um sein Lifestyle-Mitgliederangebot zu verbessern.

Positive
  • Launch of new B2C marketplace platform expanding product offering
  • Extensive product range across 47+ categories
  • Planned international expansion to Asian markets
  • Multiple membership tiers creating potential recurring revenue
Negative
  • None.

Insights

The launch of Hapi Marketplace represents a strategic move into the competitive e-commerce space, but faces significant challenges. With 47 product categories, the platform enters a saturated market dominated by established players like Amazon and Walmart. The membership-based model, while potentially creating recurring revenue, needs substantial value proposition to compete with existing free-to-use marketplaces.

The planned expansion into South Korea and Hong Kong indicates an Asian-focused strategy, leveraging potential regional advantages. However, with a market cap of just $16 million, HWH faces resource constraints in scaling operations and marketing effectively against larger competitors. The platform's success will heavily depend on its ability to differentiate through product curation and competitive pricing while managing operational costs efficiently.

Bethesda, MD, Nov. 04, 2024 (GLOBE NEWSWIRE) -- HWH International Inc. (Nasdaq: HWH) is pleased to announce the launch of its proprietary business-to-consumer marketplace, Hapi Marketplace, which aims to offer a diversity of high-quality yet price competitive products.

Hapi Marketplace features an extensive selection of over forty-seven product categories including wellness, elderly care, auto accessories and more. A special range of products are sourced by our team, allowing our customers to shop with confidence among a wide range of options.

What sets Hapi Marketplace apart is its commitment to offering innovative products and customer care. The platform seeks to allow users to enjoy a smoother, more efficient shopping journey. This serves as a valuable offering for our members, enhancing our lifestyle membership.

"Our mission is to empower users with a marketplace that delivers a comprehensive shopping experience, fulfilling their product needs at competitive prices" said Mr. Heng Fai Chan, Executive Chairman of HWH International Inc. "We are committed to providing prompt and efficient support, ensuring that our users enjoy a seamless and enjoyable shopping experience."

HWH International will be offering various membership levels, allowing customers to select a plan that best aligns with their lifestyle. Each membership level unlocks exclusive access to value-driven products and services.

Launching first in the United States, Hapi Marketplace will soon expand to South Korea and Hong Kong, followed by further expansion across Asia. For more information or to explore Hapi Marketplace, visit https://shop.hapi-marketplace.com/ and discover a world of products designed to enrich your lifestyle.

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: https://www.hwhintl.com/

Forward Looking Statement

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 filed by HWH with the Securities and Exchange Commission (the “SEC”) on October 10, 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

What is HWH International's new Hapi Marketplace?

Hapi Marketplace is HWH International's new B2C platform offering products across 47+ categories including wellness, elderly care, and auto accessories, with specially sourced products and membership-based services.

Which countries will HWH's Hapi Marketplace operate in?

Hapi Marketplace is launching first in the United States, with planned expansion to South Korea and Hong Kong, followed by other Asian markets.

What product categories does HWH's Hapi Marketplace offer?

Hapi Marketplace offers over 47 product categories, including wellness products, elderly care items, and auto accessories.

How does HWH's Hapi Marketplace membership system work?

Hapi Marketplace offers various membership levels, each providing exclusive access to value-driven products and services, allowing customers to choose plans that best fit their lifestyle.

HWH International Inc.

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