24/7 Market News Snapshot 10 December, 2024 – HWH International Inc. Common Stock (NASDAQ:HWH)

December 10, 2024

DENVER, Colo., 10 December, 2024 (247marketnews.com) – (NASDAQ:HWH) are discussed in this article.
HWH International Inc. has emerged as a focal point of investor interest, experiencing a rapid stock price increase reaching $1.293, a notable rise of 28.02% from the previous close of $1.010. The company saw substantial trading volume of 6.52 million shares, reflecting robust market enthusiasm and confidence in its future growth prospects. This upward movement in stock price positions HWH as a promising player in the current market landscape, capturing significant attention from investors keen to capitalize on its dynamic trajectory.

In conjunction with its market performance, HWH International has announced a strategic partnership with Guangzhou Inbot Technology Ltd., a frontrunner in robotics innovation. This collaboration, facilitated through HWH’s subsidiary Hapi iRobot Pte. Ltd., aims to enhance global access to advanced robotics solutions, thereby improving operational efficiency across various sectors. The partnership will integrate Inbot’s acclaimed suite of service robots, including its innovative Padbot brand, designed for diverse applications such as reception, delivery, security, cleaning, and table service.

In line with this initiative, Hapi iRobot will implement a Robot-as-a-Service (RaaS) model, which will provide businesses with access to cutting-edge robotics technology through a subscription-based service. This innovative approach will enable companies to enhance their operations with advanced automation without the financial burden typically associated with large capital investments.

Mr. Heng Fai Chan, Chairman of HWH International Inc., expressed his commitment to driving innovation, stating, “Our mission is to empower businesses by integrating advanced robotics into their operations.” As the global RaaS market is projected to surge significantly, reaching USD $63.24 billion by 2032, this partnership underscores the increasing reliance on robotics in sectors such as hospitality, healthcare, and retail, paving the way for transformative advancements in service delivery and operational efficiency.

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