Ryde Group

The company aims to be a "super app for mobility," providing various transportation services in one application, ensuring a high level of convenience and reliability for customers. The primary market is Singapore.

In the mobility segment, the company offers car-sharing and transport-hailing services. Car-sharing connects passengers with drivers for rides in various vehicles, including through the RydePOOL service in the mobile app. RydePOOL allows booking rides in real-time and in advance, offering seats for only one passenger per request, while passengers may need to share rides with others. The transport-hailing services connect passengers with private taxi or car drivers. The company started with car-sharing services but later expanded its offerings to include transport-hailing services.
The Ryde Group also offers a parcel delivery booking service, allowing drivers to accept delivery orders through the app. The company collaborates with various partners, including drivers, motorcyclists, and pedestrians. E-commerce companies, catering businesses, and social sellers can also use these services to deliver to their customers.
 

Number of employees

25-50

Headquarters location

Duo Tower, 3 Fraser Street, #08-21 Singapore 189352

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Metrics

Revenue $7.83 million (for the last 12 months)

Net profit -$(4.61) million (for the last 12 months)

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Prospects

On February 20, 2023, the acquisition of Meili Technologies Pte. Ltd. (hereinafter referred to as "Meili"), a company specializing in last-mile logistics services in Singapore, was completed.
 

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