Mobility and Quick Commerce
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Ryde Officially Recognises NPHVA to represent Platform Workers to Strengthen Representation and Long-Term Support for Driver-Partners
Accessnewswire· 2026-02-10 11:00
Core Viewpoint - Ryde Group Ltd has signed a Memorandum of Understanding with the National Private Hire Vehicles Association to enhance the welfare and work prospects of its driver-partners, indicating a commitment to collaboration within Singapore's platform work ecosystem [1] Group 1 - The partnership aims to support the welfare and well-being of Ryde driver-partners [1] - This collaboration is seen as a significant step in fostering constructive engagement in the evolving platform work sector in Singapore [1]
Ryde Unveils Refreshed Brand Visual Identity to Strengthen Human-Centred Mobility Experience
Accessnewswire· 2026-01-13 11:00
Core Insights - Ryde Group Ltd has launched a refreshed visual identity aimed at enhancing product clarity, usability, and human connection throughout the ride journey [1][2] - The new design language emphasizes warmth, imagination, and intuitive guidance for users, reflecting Ryde's commitment to reliable and efficient mobility [2][3] Design and User Experience - The refreshed visual identity features soft gradients, expressive illustrations, and clearer visual cues to reduce friction and improve user experiences [2][4] - Incremental product enhancements accompany the new brand identity, including improved in-app user flow and clearer messaging to reduce booking errors [3][4] Cashback and Rewards - Ryde has improved the presentation of cashback and rewards within the app, making it easier for users to understand their earnings at a glance [4] - These updates are being rolled out progressively to ensure platform stability while enhancing overall user experience [4] Commitment to Community and Sustainability - The new visual language is inspired by Singapore's urban landscape, reflecting community moments and eco-conscious mobility [7] - Ryde's commitment to sustainability and community-driven mobility is reinforced through its design approach [7] Business Principles - Despite the visual refresh, Ryde's operating principles remain unchanged, prioritizing sustainable unit economics and a 0% commission model for driver partners [8][9] - The refreshed identity communicates Ryde's values without altering its core business model or platform fundamentals [9]
Ryde Accelerates Growth with Strategic Expansion into Electric Vehicle Rental Market
Accessnewswire· 2025-12-10 11:00
Core Viewpoint - Ryde Group Ltd is expanding into the electric vehicle rental market to enhance its sustainable mobility initiatives and meet the growing demand for eco-friendly transportation in Singapore [1] Company Summary - Ryde Group Ltd is a leading technology platform for mobility and quick commerce in Singapore [1] - The company's strategic initiative aims to capitalize on supportive government policies and corporate ESG priorities [1] - The expansion is expected to align with the rapid consumer adoption of electric vehicles in the region [1]
Ryde Announces Pricing of US$14 Million Offerings - Comprising US$12 Million Private Placement and US$2 Million Registered Direct Offering
Accessnewswire· 2025-12-03 10:45
Core Points - Ryde Group Ltd has announced a private placement of 33,334,000 Class A ordinary shares and a registered direct offering of 5,556,000 Class A ordinary shares at an offering price of US$0.36 per share, totaling approximately US$14 million in gross proceeds before expenses [1] Group 1 - The company is a leading technology platform for mobility and quick commerce headquartered in Singapore [1] - The offerings did not involve any placement agent [1]
Tencent Cloud and Ryde Strengthen Partnership with New Weixin/WeChat Mini Program Launch in Singapore to Enhance Visitors' Tourism and Mobility Experience
Accessnewswire· 2025-11-18 10:00
Core Insights - Tencent Cloud has expanded its strategic partnership with Ryde Group Ltd to enhance the tourism and mobility experience for Chinese visitors in Singapore [1] - The new phase includes the launch of the Weixin Mini Program in Singapore, building on previous integrations of Tencent Cloud's Real-Time Communication technology within the Ryde platform [1] Company Developments - The partnership aims to leverage Tencent's technology to improve in-app communications and overall user experience on the Ryde platform [1] - The introduction of the Weixin Mini Program is expected to facilitate better connectivity and services for Chinese tourists, aligning with Singapore's tourism strategies [1] Industry Impact - This collaboration highlights the growing trend of integrating technology solutions to enhance mobility services in urban environments [1] - The initiative reflects the increasing importance of catering to the needs of international visitors, particularly from China, in the competitive tourism market of Singapore [1]
Ryde Partners with Kris+ to Let Members Redeem Miles for Everyday Rides
Accessnewswire· 2025-11-06 10:00
Core Insights - Ryde Group Ltd has announced a collaboration with Kris+, the lifestyle rewards app of Singapore Airlines, allowing KrisFlyer members to redeem miles for RydeCoins at exclusive discounted rates [1] Company Summary - Ryde Group Ltd is a leading technology platform for mobility and quick commerce in Singapore [1] - The collaboration with Kris+ enhances the value proposition for Ryde's services by integrating with a major airline's rewards program [1] Industry Summary - The partnership reflects a growing trend in the mobility and quick commerce sectors to leverage loyalty programs, providing consumers with more flexible and valuable options for their rewards [1]
Ryde Receives a Warning Letter from NYSE American LLC
Accessnewswire· 2025-10-27 10:00
Core Viewpoint - Ryde Group Ltd has received a warning letter from NYSE American regarding compliance issues related to its stock price and trading volume [1] Summary by Relevant Sections - **Compliance Issue**: The warning letter from NYSE American LLC was dated October 24, 2025, indicating concerns about the Company's adherence to Section 401(a) of the NYSE American Company Guide [1] - **Stock Performance**: On October 7, 2025, NYSE Regulation staff observed a significant increase in Ryde's stock price along with an unusually large volume of trading activity [1]
Ryde Reports 31% Revenue Growth and Improved Adjusted EBITDA in First Half of 2025
Accessnewswire· 2025-10-24 10:00
Core Viewpoint - Ryde Group Ltd reported a significant increase in revenue for the first half of 2025, indicating strong growth in its mobility and quick commerce technology platform [1]. Financial Performance - Revenue for the first half of 2025 reached S$5.7 million (US$4.5 million), representing an increase from S$4.4 million (US$3.2 million) in the same period of 2024 [1].
Ryde Announces Pricing of US$1.6 million Registered Direct Offering Priced at-the-Market Under NYSE American Rules
Accessnewswire· 2025-09-10 09:59
Core Viewpoint - Ryde Group Ltd has announced a securities purchase agreement to raise approximately US$1.6 million through the sale of Class A shares at US$0.25 each [1] Group 1: Company Overview - Ryde Group Ltd is a leading technology platform for mobility and quick commerce, headquartered in Singapore [1] - The company is listed on NYSE American under the ticker symbol RYDE [1] Group 2: Financial Details - The offering consists of 6,422,000 Class A shares [1] - The gross proceeds from the offering are approximately US$1.6 million before deducting offering expenses [1] - The offering is a registered direct offering priced at-the-market under NYSE American rules [1] Group 3: Offering Structure - The company did not engage any placement agent for the offering [1]