Ryde Group Ltd

Earnings data Q2 2024

Ryde Group Ltd. is an emerging growth company. It operates under the Mobility and Quick Commerce segments. The Mobility segment includes providing on-demand and scheduled carpooling and ride-hailing services, matching riders to driver partners. The Quick Commerce segment focuses on on-demand, scheduled, and multi-stop parcel delivery services. The company was founded on February 21, 2023 and is headquartered in Singapore.

SINGAPORE, SG / ACCESSWIRE / December 26, 2024 / Ryde Group Ltd (NYSE American:RYDE) ("Ryde" or the "Company"), a technology company with a leading platform for mobility and quick commerce in Singapore, is proud to announce that Ryde's licence has been renewed for 3 years under full ride-hail service operator license and carpool service operator license, reflecting its dedication to delivering exceptional and sustainable mobility solutions for Singapore. Empowering Driver-Partners and Enhancing Rider-Experiences Since its inception in 2014, Ryde has positioned itself as both a driver-first and rider-friendly platform, focused on empowering driver-partners and uplifting communities while enhancing commuter experiences.

Ryde Marks a Transformative Milestone in Singapore's Mobility Landscape

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd (NYSE American: RYDE) ("Ryde'' or the “Company"), a technology company with a leading platform for mobility and quick commerce in Singapore, has launched its Supersized Cashback Christmas Challenge, bringing unprecedented savings and benefits to Ryde+ subscription members this festive season. The campaign underscores Ryde's focus on strengthening rider loyalty, and showcasing the scalability of its subscription-based revenue model. Transforming Mobilit.

Ryde+ Launches Supersized Cashback Christmas Challenge with Unmatched Savings and Perks

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd (NYSE American: RYDE) ("Ryde" or the “Company"), Ryde Group Ltd (NYSE American: RYDE) ("Ryde" or the “Company"), a leading mobility and quick commerce platform in Singapore, is proud to announce the successful completion of its annual #MakanWithRyde initiative. This initiative underscores Ryde's unwavering commitment to its driver-partners—the backbone of the platform—and highlights the Company's dedication to supporting local businesses and fostering.

Ryde Celebrates Driver-Partners with Annual #MakanwithRyde Initiative

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd (NYSE American: RYDE) ("Ryde'' or the “Company"), a technology company with a leading platform for mobility and quick commerce in Singapore, extended it's strategic partnership with Singlife, a homegrown financial services company. Building on the RydeSafe initiative for riders, Ryde has today signed a Memorandum of Understanding (“MOU”) with Singlife and will be implementing a comprehensive Work Injury Compensation Act (“WICA”) Protection Plan for pla.

Ryde Extends Partnership with Singlife to Implement Work Injury Compensation Protection for Driver-Partners

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd (NYSE American: RYDE) ("Ryde'' or the “Company"), a home-grown technology company with a leading platform for mobility and quick commerce in Singapore, is excited to announce that our app is now accessible to international travelers visiting Singapore. This strategic move aims to provide a seamless, convenient and a trusted ride-hailing service for travelers that aligns with their travel needs. With Ryde, international travelers can now effortlessly na.

Ryde Opens Doors to International Travelers, Offering Seamless Mobility Solutions in Singapore

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd (NYSE American: RYDE) (“Ryde” or the “Company”), a leading technology platform for mobility and quick commerce headquartered in Singapore, today announced the financial results for the six months ended June 30, 2024 (“1H 2024”). Key Financial Highlights for First Half 2024: Revenue: The Company reported revenue of S$4.4 million (US$3.2 million), down from S$5.2 million (US$3.9 million) in 1H 2023. While the transition to the 0% commission model in Janu.

Ryde Reports First Half 2024 Results, Positions for Accelerate Growth

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd (NYSE American: RYDE) ("Ryde'' or the “Company"), a technology company with a leading platform for mobility and quick commerce in Singapore, is proud to announce the launch of Ryde Educational Merit Awards 2024 (“REMA 2024”), a continuation of its social initiative from 2020 to support the educational aspirations of the children of its dedicated driver-partners. Ryde Educational Merit Awards (“REMA”) was originally launched in response to the challenge.

Ryde Launches REMA 2024: A Commitment To Educational Excellence For Driver-Partners' Children

SINGAPORE--(BUSINESS WIRE)--SINGAPORE, September 27, 2024 – Ryde Group Ltd (NYSE American: RYDE) (“Ryde” or the “Company”), a leading technology platform for mobility and quick commerce headquartered in Singapore, today announced the closing of a public offering of an aggregate of 5,300,000 units (the “Units”), each unit consists of one Class A Ordinary Share, par value $0.0002 per share of Ryde, and one common warrant to purchase one Class A Ordinary Share. The common warrants will have an exe.

Ryde Announces Closing of $4.5 Million Public Offering

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd (NYSE American: RYDE) ("Ryde'' or the "Company"), a leading technology platform for mobility and quick commerce headquartered in Singapore, today announced the pricing of a public offering (the “Offering”) of 5,300,000 units, with each unit consisting of one Class A Ordinary Share (the “Ordinary Shares”) and one warrant each exercisable into one Ordinary Share, for gross proceeds of approximately $4.5 million. Each unit was sold at an effective public.

Ryde Announces Pricing of $4.5 Million Public Offering

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd (NYSE American: RYDE) ("Ryde" or the “Company"), a leading technology platform for mobility and quick commerce, today said the Company is not aware of any operational developments or other material events that may have caused the volatility in the Company's recent share price. The Company remains focused on executing its long-term growth strategy and delivering value to our shareholders. Terence Zou, Group CEO & Founder of Ryde, stated, “Our fundam.

Ryde Group Ltd Addresses Share Price Volatility, Reaffirms Strong Business Fundamentals

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd (NYSE American: RYDE) ("Ryde'' or the “Company"), a technology company with a leading platform for mobility and quick commerce in Singapore, announced a strategic partnership with Singlife, a homegrown financial services company. This collaboration aims to redefine ride-sharing safety and provide unparalleled protection across different insurance services for both riders and driver-partners. As a cornerstone of this partnership, RydeSafe, Ryde's flagsh.

Ryde and Singlife Forge Strategic Partnership That Protects Passengers Beyond Rides

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd (NYSE American: RYDE) ("Ryde" or the “Company"), a technology company with a leading platform for mobility and quick commerce in Singapore, is proud to announce Ryde Empowers, a groundbreaking initiative designed to nurture and support local talent in Singapore. This initiative is aligned with the UN Sustainable Development Goals to promote good health and well-being and reduced inequalities. Ryde Empowers is dedicated to nurturing Singaporean talent a.

Ryde Takes Center Court with Tennis Star Sarah Pang Joining Ryde Empowers!

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd (NYSE American: RYDE) ("Ryde" or "the Company"), a leading technology platform for mobility and quick commerce, today introduced its 7 Driver Commitments initiative, designed to elevate the experience of its driver-partners. These commitments, driven by our belief that driver-partners are the backbone of our business, outline Ryde's guiding principles and initiatives designed to empower and support its valued driver community. 0% Commission, Building A.

Ryde Unveils 7 Driver Commitments to Build a Fairer Platform

Mobile-Health Network Solutions

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd (NYSE American: RYDE) ("Ryde" or "the Company"), a leading technology platform for mobility and quick commerce, today announced a partnership with Mobile-health Network Solutions (Nasdaq: MNDR) ("MaNaDr"), the first US listed telehealth provider in Asia Pacific. Ryde and MaNaDr signed a definitive partnership agreement to further collaboration in the telehealth and quick commerce space. This collaboration aims to enhance the well-being of Ryde's driver.

Ryde Group Ltd partners with Mobile-health Network Solutions

MINNEAPOLIS--(BUSINESS WIRE)--NOG Announces Joint Acquisition with SM Energy; Entering Uinta Basin with Largest Transaction in NOG History;Highly Accretive to Key Financial Metrics.

NOG Announces Joint Acquisition with SM Energy; Entering the Uinta Basin with the Largest Transaction in Company History; Highly Accretive to Key Financial Metrics

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd (NYSE American: RYDE) ("Ryde" or the “Company"), a leading technology platform for mobility and quick commerce headquartered in Singapore, is pleased to announce a secondary listing on the Frankfurt (FSE) and Stuttgart (XSTU) Stock Exchanges under the symbol D0S. This strategic expansion enhances trading opportunities for European investors while maintaining Ryde's primary listing on the NYSE American under the ticker “RYDE”. The secondary listing allo.

Ryde Group Ltd Listing on the Quotation Board of the Frankfurt and Stuttgart Stock Exchange

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd (“Ryde” or “the Company”) (NYSE American: RYDE), a leading technology company in Singapore offering super mobility and quick commerce solutions, is pleased to announce the update and redesign of its rider app to enhance user experience. The redesigned Ryde app features significant improvements, including an enhanced user interface, seamless booking experience, and personalized trip recommendations driven by AI. Leveraging advanced algorithms, the app o.

Ryde Supercharges Mobility with AI-Driven App Revamp

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd today announced that its senior management team and guests participated in the New York Stock Exchange closing bell ceremony in person.

Ryde Group Ltd Rings the New York Stock Exchange (“NYSE”) Closing Bell on April 4, 2024

SINGAPORE--(BUSINESS WIRE)--Ryde, a leading technology platform for mobility and quick commerce, makes history as Singapore's First Ride-Hailing Startup to IPO on NYSE.

Ryde Makes History as Singapore's First Ride-Hailing Startup to IPO on NYSE

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd, a leading technology platform for mobility and quick commerce, announced today the closing of its initial public offering.

Ryde Group Ltd Announces Closing of Initial Public Offering

SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd, a leading technology platform for mobility and quick commerce, announced today the pricing of its initial public offering.

Ryde Group Ltd Announces Pricing of Initial Public Offering

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Ryde Group Ltd. has plans to raise $10.125 million in an IPO for its car-pooling and ride-hailing service platform in Singapore. The company's financial performance shows growing revenue from a small base, positive gross profit, and a swing to operating profit. However, the firm's small size, thin capitalization, and high valuation expectations make it a high-risk investment.

Ryde Group Readies $10 Million U.S. Micro-IPO

Singapore-based Ryde Group has filed to list 2.25 million Class A shares on the NYSE at an indicated price range of $4-5 per share. The company plans to use the proceeds to shore up working capital, develop a super app to expand its offerings and conquer additional markets. Ryde is financially strapped, lacks operating experience outside of its home market, and faces mounting competition.

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