SUWA
Industry:
Capital Goods
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DESCRIPTION

Sharewow is a China-based company that provides end-to-end 3D portrait photography solutions under its "Suwa" brand domestically and "Sharewow" brand internationally. Its core product is a multi-camera photo booth that captures a person's image from hundreds of angles simultaneously, which Sharewow's proprietary software and AI algorithms then reconstruct into a detailed 3D model and print as a full-color figurine, typically 9–18 cm tall, delivered as a personalized keepsake. Sharewow operates primarily through a B2B2C franchising model — it sells equipment, production services, and software to franchise and retail operators who run stores or kiosks, while Sharewow handles all model reconstruction, printing, and delivery from its centralized production facility in Xiamen. Revenue has four main components: one-time equipment sales to new franchisees, recurring per-figurine production fees, franchise and software licensing fees, and accessories. As of June 30, 2025, Sharewow had 76 chain stores across 30 cities in mainland China and 13 countries. China accounts for roughly 62–63% of revenue, though international markets have grown rapidly as a share. Sharewow's growth strategy centers on expanding its store network — targeting approximately 250 new stores in 2026 — and advancing its technology, including a next-generation 3D reconstruction engine, a lighter and higher-resolution photo booth, and new product formats such as relief badges, miniature figurines, and a pet photography booth.

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