Ryde Group Ltd is a company providing a super mobility app offering ultimate convenience and reliability for their customers through multiple mobility tools that can be accessed and function seamlessly out of a single app. The company operates in the following segments such as being mobility where it provides on-demand and scheduled carpooling and ride-hailing services, matching riders to driver partners; and quick commerce where it provides on-demand, scheduled, and multi-stop parcel delivery services.

Ryde Group Ltd.

At Ryde, we believe in sustainable travelling. We’re here to make the daily commute better for all, while promoting a green and car-lite society. Being a technology company with mobility at the core of our business, we reimagine the way we move around - where communities are brought closer and travelling made sustainable.

Ryde started as a ride-sharing platform that matched drivers with riders going the same way to share a ride (RydePool), but we haven’t stopped there. We have established extended product services to include an e-payment platform (RydePay), taxi booking and insurance purchase. We continue to build features that benefit everyone.

Founded in September 2014, Ryde is currently available in Singapore and have presence in Malaysia, Hong Kong and Australia.

If you are an innovative individual with a passion for problem-solving and want to work where you are inspired to explore your curiosity, nurture your talents and make an impact, drop us a message!

Ryde

Last week, Ryde hosted #MakanwithRyde where we gave out free Nasi Lemak to our Driver-partners to show our appreciation for their hard work and dedication. Our Driver-partners are the driving force behind our community, providing our passengers with safe, reliable, and comfortable rides.

Our CEO and Founder, Terence Zou, led the Ryde team in distributing 150 packets of Nasi Lemak from the historic Kampong Glam Cafe to every Driver-partner who took the time to stop by. Our team met with both new and long-time Driver-partners, gathered invaluable feedback and exchanged ideas on potential improvements we could make to our services and app.

We would also like to thank our partners, Shell and Lumens Pte Ltd, for supporting us in this giveaway and extending exclusive offers to our Driver-partners.

Read more about it here: https://lnkd.in/gZv45ZQF
Watch the TikTok of our giveaway here: https://lnkd.in/gw3TXkfV

#driverpartners #drivercommunity #drivewithryde #carpool #ridehailing #community #csr

Imagine never having to deal with awkward small talk again with our new driverless cars... Just kidding! We'll stick to the human touch. Happy April Fool's Day! 🤪

Ready to experience the future of transportation? Our new driverless cars are here and ready to take you on a ride.

Book now on the Ryde app and see for yourself! 🚗🤖

#rydesg #driverlesscars #newlaunch

Receive $40 RydeCoins when you sign up and make your first deposit with moomoo SG! 

Simply sign up for an account, complete your verification and make your first deposit. Just like that, you’ll receive $40 RydeCoins!

Click here for more details: https://bit.ly/3ES2U3o

*Offer ends on 31 March 2023.

#ryde #rydesg #moomoo

On 9 March, Ryde's CEO and Founder, Terence Zou had the pleasure of speaking with the The University of Hong Kong Masters students about the future of transportation. We also shared with the students some of the unique features of our product that differentiate us from our competitors. Professor Hai Wang hosted the session at SMU, and he shared many insightful concepts, frameworks, and research on ride-hailing. It was an exciting opportunity to share our company's vision and to hear the insightful perspectives of the next generation of transportation leaders. We believe that by working together, we can create a more sustainable, efficient, and convenient transportation system for all. Thank you, HKU, for inviting us to this enlightening discussion. #ryde #transportation #futureleaders #sustainability #innovation #ridehailing #carpooling

Happy International Women's Day! 💜

Today, we celebrate the strength, resilience and achievements of women everywhere. At Ryde, we're lucky to have inspiring female driver-partners who are breaking barriers and driving change in the transportation industry.
Last week, we spoke with two amazing female drivers who shared their experience driving with us.

Read the full article here on our blog: https://bit.ly/3ZoIbgw

Check us out on TikTok @rydesg for 3-part bite-sized clips of the interview!

RydeSG TikTok Interview Part 1: https://lnkd.in/garzy_Vj
RydeSG TikTok Interview Part 2: https://lnkd.in/gkHi89fU
RydeSG TikTok Interview Part 3: https://lnkd.in/gAvCP3t6

#InternationalWomensDay #IWD2023 #RydeSG #WomenInTransportation 💪

Ryde has recently launched support for motorcyclists and walkers to become delivery partners for RydeSEND, our on-demand delivery service. 

Read more about how Ryde is bringing value to the community here: https://lnkd.in/gyNdtTne

Just last week, we held our annual Chinese New Year lunch some of our driver-partners where we also had the opportunity to engage in meaningful conversations with them. 

Read all about it on our site: https://lnkd.in/gGif3pyS

#driverpartners #drivercommunity #drivewithryde #chinesenewyear

	Jun '22	Dec '22	Jun '23	Dec '23	Jun '24
net income	-1.99M -	-1.58M 20.60%	-2.97M 87.75%	-6.56M 120.94%	-10.04M 53.06%
depreciation and amortization	95.23K -	122.79K 28.94%	135.44K 10.31%	163.71K 20.87%	183.36K 12.00%
deferred income tax
stock based compensation
change in working capital	187.52K -	399.86K 113.23%	440.01K 10.04%	1.62M 268.21%	-4.60M 384.22%
accounts receivables	-32.96K -	-9.40K 71.47%	50.88K 641.15%	-12.36K 124.30%	-5.20K 57.97%
inventory
accounts payables	152.36K -	234.68K 54.03%	578.45K 146.48%	825.35K 42.68%	-1.23M 248.76%
other working capital	68.12K -	174.59K 156.28%	-189.32K 208.44%	807.14K 526.33%	-3.37M 517.73%
other non cash items	78.38K -	23.82K 69.61%	149.66K 528.36%	4.98M 3,230.74%	7.40M 48.38%
net cash provided by operating activities	-1.70M -	-1.06M 37.98%	-1.89M 78.69%	692.34K 136.70%	-7.07M 1,120.96%
investments in property plant and equipment	-181.66K -	-164.45K 9.48%	-188.57K 14.67%	-170.71K 9.47%	4.45 100.00%
acquisitions net			47.14K -	-473.91 101.01%
purchases of investments
sales maturities of investments
other investing activites
net cash used for investing activites	-181.66K -	-164.45K 9.48%	-141.43K 14.00%	-171.18K 21.04%	-195.24K 14.05%
debt repayment	-3.44M -	-67.88K 98.03%	-1.50M 2,104.78%	-614.63K 58.93%	-3.58M 482.40%
common stock issued					11.80M -
common stock repurchased
dividends paid
other financing activites				-1.54M -
net cash used provided by financing activities	3.44M -	-67.88K 101.97%	1.50M 2,304.78%	-962.51K 164.31%	8.22M 953.54%
effect of forex changes on cash
net change in cash	1.56M -	-1.29M 182.63%	-544.75K 57.71%	-413.06K 24.17%	911.70K 320.72%
cash at beginning of period		3.53M -	2.24M 36.49%	1.70M 24.30%	1.28M 24.34%
cash at end of period	1.56M -	2.24M 43.83%	1.70M 24.30%	1.28M 24.34%	2.20M 70.99%
operating cash flow	-1.70M -	-1.06M 37.98%	-1.89M 78.69%	692.34K 136.70%	-7.07M 1,120.96%
capital expenditure	-181.66K -	-164.45K 9.48%	-188.57K 14.67%	-170.71K 9.47%	4.45 100.00%
free cash flow	-1.88M -	-1.22M 35.23%	-2.08M 70.06%	521.63K 125.14%	-7.07M 1,455.08%

RYDE

COM:RYDESHARING

RydeSharing Inc.

Last Close

0.41

22/11 21:00

Market Cap

8.31M

Beta: -

Volume Today

178.96K

Avg: -

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