Singapore, October 8 /PRNewswire/ -- YYForce Inc. (Nasdaq: YFOR) (“YYForce” or the “Company”) today announced the expansion of its 24iFM platform through the introduction of the Services Marketplace and Lifestyle Advertising features (collectively, the “Expansion”). This expansion integrates property management, on-demand home services, and merchant promotions into a single digital platform.
This expansion introduces two potential digital revenue streams for YYForce’s existing IFM business: commissions or service fees from eligible market transactions, and advertising and promotional revenue from participating merchants. The company states that revenue generation will depend on user adoption, completed transactions, and commercial agreements with service providers and merchants.
From facility management to the digital services market
24iFM integrates functions that were traditionally operated through separate systems. The platform combines everyday property and facility management tasks—including facility booking, visitor registration, digital forms, payments, and community communication—with an expanding marketplace for home and property-related services.
Through the 24iFM Service Marketplace, users can discover and book participating service providers. YYForce expects to participate by charging commissions or service fees on qualified service activities generated on the platform, subject to applicable commercial arrangements.
Lifestyle features expand digital advertising channels.
In addition to the service marketplace, YYForce is expanding its 24iFM lifestyle experience by connecting users with participating merchants and service providers across health, education, beauty, healthcare, pet services, sports, and other lifestyle segments.
This lifestyle feature is designed to create additional advertising revenue opportunities. Potential advertising products include featured merchant displays, sponsored category placements, promotional campaigns, and other forms of paid digital exposure.
Two revenue streams within a digital ecosystem
The business expansion of 24iFM introduces a complementary digital revenue architecture beyond YYForce’s existing facility management services. The service marketplace is designed to generate transaction-based commissions or service fees, while the lifestyle features aim to drive advertising and promotional revenue from participating merchants.
The company stated that, combined, these features aim to extend the economic potential of its property relationships by creating opportunities for digital commerce within its service community.
Mike Fu, Chairman and CEO of YYForce, said: “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 additional opportunities for transaction and advertising revenue around our existing IFM business. As adoption grows, our goal is to increase the number of commercial interactions enabled through the 24iFM ecosystem.”
Singapore and Southeast Asia market background
Singapore provides an initial market for property-linked digital services. According to data from the Singapore Department of Statistics, as of June 2026, Singapore had a total of 381,996 apartments and other residential units. The company states that this housing stock is provided solely to illustrate the type of residential communities targeted by 24iFM and does not represent the number of households or customers currently connected by the company.
The expansion of 24iFM occurs against the backdrop of continued growth in regional digital adoption. According to the e-Conomy SEA 2025 report by Google, Temasek, and Bain & Company, the Southeast Asian digital economy is projected to exceed $300 billion in gross merchandise value (GMV) by 2025. The company states that this broader market data is provided solely to illustrate the regional digital commerce environment and does not constitute an estimate of 24iFM’s addressable market or expected revenue.
The business scope of 24iFM is based on its property-connected ecosystem. The platform’s monetization potential will depend on the adoption by residential and commercial communities, the frequency of completed service bookings, commercial agreements with service providers, and demand for promoted listings by paying merchants.
Expand the 24iFM ecosystem
YYForce plans to gradually expand the range of participating service providers, service categories, merchants, and commercial products available on 24iFM, based on market demand and platform adoption.
As more properties, users, service providers, and merchants join the ecosystem, 24iFM aims to enable broader interactions without requiring each new business opportunity to operate as a separate facility management contract.
The commercialization of 24iFM is part of YYForce’s broader strategy to integrate its operational footprint with technology, automation, and digital platforms. Within this ecosystem, 24iFM aims to serve as the digital interaction layer connecting facility operations, daily services, and commercial activities.
Market data sources
- Singapore Department of Statistics, Residential Dwellings, Annual. Data as of end-June 2026.
- Google, Temasek, and Bain & Company, e-Conomy SEA 2025. The data provided are forecasts released on November 11, 2025.
About YYForce Inc.
YYForce Inc. (Nasdaq: YFOR) is a Singapore-based AI-powered workforce management platform and integrated facilities management (IFM) provider operating across Asia and beyond. The company’s intelligent workforce solutions platform, YY Circle, helps customers in the hospitality, food and beverage, retail, and other service industries forecast, plan, and optimize workforce deployment. Within YYForce’s IFM business, its 24iFM software platform and comprehensive portfolio of IFM subsidiaries support clients in hospitality, transportation, banking, retail, and mixed-use facilities.
As both business lines expand, the company is systematically integrating AI and automation capabilities—from intelligent decision support to higher levels of autonomous workforce management—to enhance service quality, reduce deployment costs, and drive long-term profit margin expansion. YYForce, listed on the Nasdaq Capital Market, 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 in 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 its current expectations and predictions regarding future events, using information currently available to it. You can identify forward-looking statements by their non-historical nature, particularly through the use of terms such as “may,” “should,” “expect,” “anticipate,” “intend,” “estimate,” “believe,” “plan,” “project,” “predict,” “potential,” or “hope,” or the negative forms of these terms or similar expressions. Forward-looking statements include statements regarding the anticipated development, adoption, commercialization, monetization, and expansion of 24iFM and its services, market, and lifestyle features. Such statements involve risks and uncertainties, and actual results may differ materially. Factors that could cause actual results to differ materially include, but are not limited to: the company’s ability to attract and retain users, service providers, and merchants on the 24iFM platform; the speed and extent of market adoption; dependence on third-party service providers and commercial arrangements; regulatory changes in the markets in which the company operates; competitive conditions; and the company’s ability to execute its growth and monetization strategies. For a more detailed discussion of risk factors, please refer to the company’s filings with the U.S. Securities and Exchange Commission, including the “Risk Factors” section in its most recent amended Annual Report on Form 20-F. Except as required by law, the company undertakes no obligation to publicly update or revise any forward-looking statements due to new information, future events, or other reasons.
Investor Relations
Jason Zhi Yong Phua, Chief Financial Officer
YYForce Inc.
[email protected]
Investor Relations Contact
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