Singapore, October 8th / PRNewswire / -- YYForce Inc. (Nasdaq ticker: YFOR) ("YYForce" or "the Company") announced today that its subsidiary 24iFM has achieved commercial expansion through the "Service Market" (Services Marketplace) and "Lifestyle Advertising" (Lifestyle advertising) features (hereinafter referred to as "expansion"). This expansion integrates property management, on-demand domestic services, and merchant promotion into a single digital platform.

This expansion brings two potential sources of digital revenue to YYForce's existing IFM business: one is commissions or service fees from eligible market transactions, and the other is advertising and promotional income from participating merchants. The company states that revenue generation will depend on user adoption, completed transactions, and the commercial agreements reached with service providers and merchants.

Moving from Facility Management to the Digital Services Market

24iFM integrates functions that traditionally operate through different systems. The platform combines daily property and facility management functions—including facility reservation, visitor registration, digital forms, payment, and community communication—with the continuously expanding market for home services and property-related services.

Through the 24iFM service market, users can discover and book service providers to participate with. YYForce expects to participate by charging commissions or service fees for qualified service activities generated on the platform, but must comply with the applicable business arrangements.

Lifestyle features add digital advertising channels

In addition to the service market, YYForce is also expanding the lifestyle experience of 24iFM, connecting users with participating merchants and service providers, covering segments such as health, education, beauty, medical care, pet services, sports, and other areas of lifestyle.

This lifestyle feature is designed to create additional opportunities for advertising revenue. Potential advertising products include featured merchant displays, sponsored category placements, promotional activities, and other forms of paid digital exposure.

Two monetization channels in a digital ecosystem

In addition to YYForce's existing facilities management business, 24iFM's commercial expansion has introduced a complementary digital revenue framework. The service market is designed to support transaction-based commissions or service fees, while the lifestyle features are aimed at generating revenue from advertisements and promotions provided by participating merchants.

The company stated that these functions, when combined, aim to create opportunities for digital business activities within their service community and to extend the economic potential of their property relationships.

YYForce Chairman and CEO Mike Fu stated: "24iFM extends our relationship with properties beyond traditional facility management. By connecting property users with service providers and merchants through a digital platform, we are creating more opportunities for transactions and advertising revenue around our existing IFM business. As adoption rates increase, our goal is to increase the number of business interactions that can take place within the 24iFM ecosystem."

Background of the Singapore and Southeast Asian markets

Singapore has provided an initial market for property-connected digital services. According to data from the Singapore Statistic Agency, as of June 2026, there were a total of 381,996 apartments and other residential units in Singapore. The company notes that this housing stock is only used to illustrate the types of residential communities that 24iFM targets and does not represent the number of households or customers the company has already reached.

24iFM's expansion occurs against the backdrop of continuous growth in regional digitalization. According to the "e-Commerce 2025" report released by Google, Temasek, and Bain & Company, the total value of goods transactions in Southeast Asia's digital economy is expected to exceed $300 billion by 2025. The company states that this broader market data is merely used to illustrate the regional digital business environment and does not constitute an estimate of the serviceable market or expected revenue for 24iFM.

24iFM's business scope is based on its property-connected ecosystem. The platform's monetization potential will depend on the adoption rate of residential and commercial communities involved, the frequency of completed service bookings, the business agreements with service providers, and the demand for promoting paid merchants.

Expand the 24iFM ecosystem

YYForce intends to gradually expand the range of service providers, service categories, merchants, and commercial products that 24iFM can offer, based on market demand and the adoption situation of the platform.

As more properties, users, service providers, and merchants join this ecosystem, 24iFM aims to support a broader range of interactions, without the need for each new business opportunity to operate as a separate facility management contract.

The commercialization of 24iFM is part of a broader strategy by YYForce, which involves integrating its operational layout with technology, automation, and digital platforms. Within this ecosystem, 24iFM aims to serve as the digital interface that connects facility operations, daily services, and business activities.

Market data source

• Singapore Statistics Agency, "Residential Dwellings, Annual". Data as of the end of June 2026.
• Google, Temasek, and Bain & Company, "e- Conomy SEA 2025". The relevant data are forecast values released on November 11, 2025.

Regarding YYForce Inc.

YYForce Inc. (Nasdaq: YFOR) is a AI workforce management platform and comprehensive facilities management provider headquartered in Singapore with operations spanning Asia and other regions. The company's intelligent workforce solutions platform YY Circle helps customers in the hospitality, food and beverage, retail, and other service industries to predict, plan, and optimize workforce deployment. In the YYForce segment of its business, its 24iFM software platform and a complete portfolio of IFM subsidiaries provide support for customers in industries such as hospitality, transportation, banking, retail, and multi-purpose facilities.

With the expansion of its two business lines, the company is systematically integrating AI and automation capabilities—moving from intelligent decision support to a higher level of autonomous labor management—in order to enhance service quality, reduce deployment costs, and drive long-term profit margin growth. YYForce is listed on the NASDAQ capital market and is committed to infrastructure innovation, measurable customer outcomes, and long-term value creation.

Forward-looking Statements

This press release contains forward-looking statements as defined by Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The company makes these forward-looking statements based on information currently available to it regarding its expectations and projections for future events. You can identify forward-looking statements by their non-historical nature, particularly those that use terms such as “may”, “should”, “expect”, “anticipate”, “assume”, “estimate”, “believe”, “plan”, “project”, “potential”, or “hope”, or their negative forms or similar expressions. Forward-looking statements include statements regarding the expected development, adoption, commercialization, monetization, and expansion of 24iFM and its service market and lifestyle features. Such statements involve risks and uncertainties, and actual results may differ significantly from them. Factors that could cause significant differences in actual results include, but are not limited to: the company's ability to attract and retain users of the 24iFM platform, service providers, and merchants; the speed and extent of market adoption; reliance on third-party service providers and business arrangements; regulatory changes in the markets in which the company operates; competitive conditions; and the company's ability to implement its growth and monetization strategies. For a more detailed discussion of risk factors, please refer to the documents submitted by the company to the U.S. Securities and Exchange Commission, including the “Risk Factors” section of its most recent 20-F annual report (as amended). Except as required by law, the company has no obligation to publicly update or revise any forward-looking statements due to new information, future events, or other reasons.

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