Company Announcements

SINGAPORE--(BUSINESS WIRE)--Nov. 1, 2024-- 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.

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With Ryde, international travelers can now effortlessly navigate Singapore's bustling streets and its major tourist attractions at the click of a button. The app's user-friendly interface, coupled with real-time tracking and multiple payment options, ensures a safe and hassle-free rider experience.

By opening its doors to international travelers, Ryde aims to drive growth and increase demand for its services.

James Tan, Director of Product at Ryde, shared, “We designed this app version with travelers in mind, prioritizing features like real-time tracking and global payment options. This launch not only broadens our user base but also strategically positions Ryde as the preferred choice for safe and convenient transport in Singapore’s growing tourism sector, unlocking substantial revenue potential.”

Our commitment to safety and quality service is unwavering. Our driver-partners follow a code of conduct that aligns with Ryde’s dedication to providing a secure and reliable ride-hailing experience. We work closely with our drivers to ensure that every ride meets the high standards of care and dependability our riders expect.

International travelers can now download the Ryde app from the App Store or Google Play Store.

About Ryde

Ryde, a homegrown super mobility app founded in Singapore, is the world's FIRST on-demand carpooling app since 2014! As a publicly listed company on the NYSE, we are reimagining the way people and goods move around. We offer a full suite of services, including carpooling, private hire, taxi, and delivery, but what truly sets us apart is our commitment to empower our private-hire and taxi partners. We take 0% commission, ensuring that more of every hard-earned dollar goes to drivers on our platform. For more information, please visit https://rydesharing.com/ to learn more.

FORWARD-LOOKING STATEMENTS

Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors . Any forward-looking statements contained in this press release speak only as of the date hereof, and Ryde Group Ltd specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

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For Media Relations:
Media Team
Ryde Group Ltd
Email: media@rydesharing.com

For Investor Relations:
Investor Relations Team
Ryde Group Ltd
Email: investor@rydesharing.com

Source: Ryde Group