Youlife shares jump 12.68% premarket after announcing non-binding LOI with VCI Global for robotics-enabled WaaS platform.

Youlife Group Inc. surged 12.68% in premarket trading following the announcement of a non-binding letter of intent with VCI Global Limited to co-develop a robotics-enabled Workforce-as-a-Service (WaaS) platform. The initiative combines AI, robotics, and workforce orchestration to deliver guaranteed production capacity under service agreements, targeting high-automation sectors like food processing, warehousing, and electronics assembly in ASEAN and international markets. The WaaS model, which shifts from headcount-based labor to output-driven productivity, is positioned to unlock recurring revenue and scalable growth. Strategic collaboration with VCIG, leveraging its robotics expertise and Youlife’s global workforce network, highlights the company’s pivot toward industrial automation and blue-collar workforce transformation. While the LOI remains non-binding and subject to regulatory approvals, the market reacted positively to the platform’s disruptive potential and alignment with regional productivity agendas.