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Articles from Ryde Group

Ryde+ Launches Supersized Cashback Christmas Challenge with Unmatched Savings and Perks
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.
By Ryde Group · Via Business Wire · December 20, 2024
Ryde Celebrates Driver-Partners with Annual #MakanwithRyde Initiative
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 community bonds.
By Ryde Group · Via Business Wire · November 29, 2024
Ryde Extends Partnership with Singlife to Implement Work Injury Compensation Protection for Driver-Partners
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.
By Ryde Group · Via Business Wire · November 11, 2024
Ryde Opens Doors to International Travelers, Offering Seamless Mobility Solutions in Singapore
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.
By Ryde Group · Via Business Wire · November 1, 2024
Ryde Reports First Half 2024 Results, Positions for Accelerate Growth
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”).
By Ryde Group · Via Business Wire · October 23, 2024
Ryde Launches REMA 2024: A Commitment To Educational Excellence For Driver-Partners’ Children
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.
By Ryde Group · Via Business Wire · October 9, 2024
Ryde Announces Closing of $4.5 Million Public Offering
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 exercise price of $0.85 per share, are exercisable immediately and will expire five years following the date of issuance.
By Ryde Group · Via Business Wire · September 27, 2024
Ryde Announces Pricing of $4.5 Million Public Offering
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 offering price of $0.85. The warrants will be immediately exercisable at an exercise price of $0.85 and will expire five years from the date of issuance.
By Ryde Group · Via Business Wire · September 26, 2024
Ryde Group Ltd Addresses Share Price Volatility, Reaffirms Strong Business Fundamentals
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.
By Ryde Group · Via Business Wire · September 20, 2024
Ryde and Singlife Forge Strategic Partnership That Protects Passengers Beyond Rides
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.
By Ryde Group · Via Business Wire · August 13, 2024
Ryde Takes Center Court with Tennis Star Sarah Pang Joining Ryde Empowers!
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.
By Ryde Group · Via Business Wire · July 26, 2024
Ryde Unveils 7 Driver Commitments to Build a Fairer Platform
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.
By Ryde Group · Via Business Wire · July 17, 2024
Ryde Group Ltd partners with Mobile-health Network Solutions
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.
By Ryde Group · Via Business Wire · June 27, 2024
Ryde Group Ltd Listing on the Quotation Board of the Frankfurt and Stuttgart Stock Exchange
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.
By Ryde Group · Via Business Wire · June 7, 2024
Ryde Supercharges Mobility with AI-Driven App Revamp
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.
By Ryde Group · Via Business Wire · May 17, 2024
Ryde Group Ltd Rings the New York Stock Exchange (“NYSE”) Closing Bell on April 4, 2024
Ryde Group Ltd (“Ryde” or “the Company”) (NYSE American: RYDE), a technology company with a leading platform for mobility and quick commerce in Singapore, today announced that the Company’s senior management team, including CEO and Founder Terence Zou, CFO Chen Fei Lang and CTO Nitin Dolli, participated in the New York Stock Exchange closing bell ceremony in person on Thursday, April 4, 2024.
By Ryde Group · Via Business Wire · April 4, 2024
Ryde Makes History as Singapore's First Ride-Hailing Startup to IPO on NYSE
Singapore ride-hailing and carpooling company, Ryde, has listed on the NYSE American under the ticker symbol “RYDE”. Making history as the first Singapore ride-hailing startup to undergo an Initial Public Offering (IPO) on the New York Stock Exchange (NYSE), this milestone showcases Ryde's pioneering strides in the ride-hailing sector, rooted in its homegrown values and commitment to sustainability.
By Ryde Group · Via Business Wire · March 11, 2024
Ryde Group Ltd Announces Closing of Initial Public Offering
Ryde Group Ltd (“Ryde” or the “Company”) (NYSE American: RYDE), a technology company with a leading platform for mobility and quick commerce in Singapore, announced today the closing of its previously announced initial public offering of 3,000,000 Class A ordinary shares, at a price of US$4.00 per share to the public (the “Offering”), for a total of US$12,000,000 of gross proceeds to the Company, before deducting underwriting discounts and offering expenses. The shares began trading on the NYSE American on March 6, 2024 under the symbol "RYDE." In addition, the Company has granted the underwriters an option, exercisable within 45 days from the closing date of the Offering, to purchase up to an additional 450,000 Ordinary Shares at the public offering price, less underwriting discounts, to cover the over-allotment option, if any.
By Ryde Group · Via Business Wire · March 8, 2024
Ryde Group Ltd Announces Pricing of Initial Public Offering
Ryde Group Ltd (“Ryde” or the “Company”), a technology company with a leading platform for mobility and quick commerce in Singapore, announced today the pricing of its initial public offering (the “Offering”) of 3,000,000 Class A ordinary shares at a price of US$4.00 per share to the public, for a total of US$12,000,000 of gross proceeds to the Company, before deducting underwriting discounts and other offering expenses.
By Ryde Group · Via Business Wire · March 5, 2024