Ryde GroupRYDE
RYDE
About: 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.
0
Funds holding %
of 6,809 funds
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Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
167% more funds holding
Funds holding: 3 [Q2] → 8 (+5) [Q3]
0.96% more ownership
Funds ownership: 0.44% [Q2] → 1.39% (+0.96%) [Q3]
55% less capital invested
Capital invested by funds: $415K [Q2] → $186K (-$229K) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for RYDE.
Financial journalist opinion
Neutral
Business Wire
5 days ago
Ryde+ Launches Supersized Cashback Christmas Challenge with Unmatched Savings and Perks
SINGAPORE--(BUSINESS WIRE)--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. Transforming Mobilit.
Neutral
Business Wire
3 weeks ago
Ryde Celebrates Driver-Partners with Annual #MakanwithRyde Initiative
SINGAPORE--(BUSINESS WIRE)--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.
Neutral
Business Wire
1 month ago
Ryde Extends Partnership with Singlife to Implement Work Injury Compensation Protection for Driver-Partners
SINGAPORE--(BUSINESS WIRE)--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. 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 pla.
Neutral
Business Wire
1 month ago
Ryde Opens Doors to International Travelers, Offering Seamless Mobility Solutions in Singapore
SINGAPORE--(BUSINESS WIRE)--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. With Ryde, international travelers can now effortlessly na.
Neutral
Business Wire
2 months ago
Ryde Reports First Half 2024 Results, Positions for Accelerate Growth
SINGAPORE--(BUSINESS WIRE)--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”). 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 Janu.
Neutral
Business Wire
2 months ago
Ryde Launches REMA 2024: A Commitment To Educational Excellence For Driver-Partners' Children
SINGAPORE--(BUSINESS WIRE)--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. Ryde Educational Merit Awards (“REMA”) was originally launched in response to the challenge.
Neutral
Business Wire
2 months ago
Ryde Announces Closing of $4.5 Million Public Offering
SINGAPORE--(BUSINESS WIRE)--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 exe.
Neutral
Business Wire
2 months ago
Ryde Announces Pricing of $4.5 Million Public Offering
SINGAPORE--(BUSINESS WIRE)--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.
Neutral
Business Wire
3 months ago
Ryde Group Ltd Addresses Share Price Volatility, Reaffirms Strong Business Fundamentals
SINGAPORE--(BUSINESS WIRE)--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. Terence Zou, Group CEO & Founder of Ryde, stated, “Our fundam.
Neutral
Business Wire
4 months ago
Ryde and Singlife Forge Strategic Partnership That Protects Passengers Beyond Rides
SINGAPORE--(BUSINESS WIRE)--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. As a cornerstone of this partnership, RydeSafe, Ryde's flagsh.
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