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SINGAPORE, SINGAPORE / ACCESSWIRE / January 13, 2025 / Ryde Group Ltd (NYSE:RYDE) ("Ryde'' or the "Company"), a leading technology platform for mobility and quick commerce in Singapore, announces a significant step forward in delivering exceptional rider experiences while upholding its strong commitment to supporting driver-partners. As part of its ongoing mission to empower driver-partners, Ryde continues to uphold its industry-leading 0% commission policy and 7 Driver Commitments, focused on transparency, fair rewards, and long-term support. The 0% commission policy is extended to all private-hire and taxi drivers on the platform.Platform Fee Adjustments to Enhance Fairness and Sustainab
SINGAPORE, SINGAPORE / ACCESSWIRE / January 8, 2025 / Ryde Group Ltd (NYSE:RYDE) ("Ryde'' or the "Company"), a technology company with a leading platform for mobility and quick commerce in Singapore, is excited to share its successful collaboration with Delivery Chinatown. This collaboration has transformed the local delivery landscape, empowering Chinatown's F&B merchants, creating meaningful opportunities for Ryde's driver-partners, and delivering authentic flavors and fresh produce to customers across Singapore. This partnership reflects Ryde's unwavering commitment to fostering innovation, strengthening communities, and bridging cultural heritage with modern logistics.Empowering Driv
SINGAPORE, SINGAPORE / ACCESSWIRE / December 30, 2024 / Ryde Group Ltd (NYSE:RYDE) ("Ryde'' or the "Company"), a technology company with a leading platform for mobility and quick commerce in Singapore, is accelerating the green mobility revolution in Singapore with its RydeGreen Program, a comprehensive initiative aimed at driving electric vehicle (EV) adoption, empowering driver-partners, and reducing carbon emissions.As part of this transformative initiative, Ryde is targeting to introduce an additional 1,200 EVs under its RydeGreen Program by 2027.This bold commitment, in partnership with Singapore Electric Vehicles (SEV), the largest EV leasing company in Singapore, offers driver-partner
SINGAPORE, SG / ACCESSWIRE / December 26, 2024 / Ryde Group Ltd (NYSE: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-ExperiencesSince 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 c
Ryde Group Ltd (NYSE: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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241220714780/en/(Photo: Business Wire) Transforming Mobility with Ryde+ Launched to meet rising demand for affordable and efficient transportation
Ryde Group Ltd (NYSE:RYDE) ("Ryde" or the "Company"), Ryde Group Ltd (NYSE: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 community bonds. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241129230613/en/(Photo: Business Wire) Supporting Driver-Partners & Local Businesses As part of this year's #MakanWithR
Ryde Group Ltd (NYSE: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 platform workers from January 1, 2025. This collaboration is a significant step in addressing the unique needs of our driver-partners. It provides driver-partners with financial security and peace of mind, ensuring they are protected aga
Ryde Group Ltd (NYSE: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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241101375134/en/(Photo: Business Wire) With Ryde, international travelers can now effortlessly navigate Singapore's bustling streets and its major tourist attractions at the click of a bu
Ryde Group Ltd (NYSE: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 January 2024 resulted in a temporary decline in revenue, we are confident that this strategic decision will drive significant long-term growth by attracting more drivers. This revenue structure was introduced to boost driver-partners satis
SINGAPORE, September 27, 2024 – Ryde Group Ltd (NYSE: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 exercise price of $0.85 per share, are exercisable immediately and will expire five years following the date of issuance. Gross proceeds from the Offering, before deducting the placement agent's fees and other offering expenses, are approxi