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+20.30%
Close of 9 Nov 2026, in USD
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About Ryde Group
Its shares trade under the ticker RYDE. It has been listed since 6 March 2024. In the fiscal year to 31 December 2025, it reported revenue of SGD 12.5m and a net loss of SGD 17.7m. At that date it held total assets of SGD 38.3m and shareholders' equity of SGD 31.8m.
Ryde Group Ltd is a SG-based company operating in Ground Transportation industry. The company employs 34 full-time employees The company went IPO on 2024-03-06. Ryde Group Ltd is an investment holding company. The firm through its subsidiaries provide mobility and quick commerce solutions to its consumers. The company is a technology-driven platform that offers mobility and quick commerce solutions to its consumers. The Company’s core business is divided into two categories: mobility and quick commerce. Its mobility business segment provides flexible and scheduled carpooling and ride-hailing services, matching riders with its network of driver partners. Its ride-hailing services allow riders to determine the number of seats they require for the trip, and offers real-time, on-demand bookings as well as advance bookings and multi-stop options. Its different service offerings include RydeX, RydeXL, RydeLUXE, RydeFLASH, RydePET, RydeHIRE, and RydeTAXI services. Its quick commerce business segment is a package delivery booking service, which enables driver partners to accept bookings for package delivery services through its driver partner app.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Industrials
- Industry
- Ground Transportation
- Listed since
- 6 Mar 2024
- Employees
- 34
- Head office
- DUO TOWER, FRASER STREET, #08-21, SINGAPORE, U0, 189352
- Incorporated in
- E9
- Classification
- Services-Business Services, NEC
- Filer status
- Non-accelerated filer<br>Emerging growth company
Leadership
Pay as last reported
- Mr. Junming Terence ZouChairman of the Board, Chief Executive Officer, since 2014
- Mr. Chen Fei LangChief Financial Officer
- Mr. Ting Yong TanNon-Executive Director
- Ms. Su Nee KhooIndependent Non-executive Director
- Mr. Wai Hong PoonIndependent Non-executive Director
- Mr. Venkata SreenivasanIndependent Non-executive Director
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Ryde Group Ltd employs 34 full-time employees in Singapore for mobility and quick commerce solutions.
- Ryde Group Ltd offers diverse services including RydeX, RydeXL, and RydeLUXE for carpooling and ride-hailing.
- Ryde Group Ltd's technology-driven platform provides real-time on-demand bookings and multi-stop options for riders.
Weaknesses
- Ryde Group Ltd has only 34 employees which may limit scalability in the Ground Transportation industry.
- Ryde Group Ltd's IPO on 6 March 2024 indicates recent market entry with limited operational history.
- Ryde Group Ltd's focus on Singapore may restrict immediate international expansion opportunities.
Opportunities
- Ryde Group Ltd can expand its quick commerce segment to meet growing demand for package delivery services in Singapore.
- Ryde Group Ltd can leverage its technology platform to introduce new mobility services in the Road & Rail sector.
- Ryde Group Ltd can partner with local businesses to enhance its package delivery network in Singapore.
Threats
- Ryde Group Ltd faces competition from established ride-hailing services in Singapore's Ground Transportation market.
- Ryde Group Ltd's reliance on driver partners could lead to service disruptions during peak demand periods.
- Ryde Group Ltd's recent IPO may expose it to market volatility in the Industrials sector.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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