Ryde Group Shares Halted On Circuit Breaker To The Downside, Stock Now Down -36%
$RYDE
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Consumer Discretionary
Ryde Group Shares Halted On Circuit Breaker To The Downside, Stock Now Down -36%
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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
6-K - Ryde Group Ltd (0001971115) (Filer)
424B3 - Ryde Group Ltd (0001971115) (Filer)
6-K - Ryde Group Ltd (0001971115) (Filer)
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