RYDE GROUP LTD Stock Price, News & Analysis

Ryde (NYSE:RYDE) announced a strategic expansion into the electric vehicle (EV) rental market on December 10, 2025, targeting a fleet of up to 400 EVs over the next six months via a structured Call Option Agreement with Guan Chao Holdings and Singapore Electric Vehicles.

The initiative aims to leverage Ryde's existing driver base, fleet allocation and maintenance processes, and to comply with LTA and EV charging safety standards while pursuing scalable, capital-efficient rollout, priority EV supply, fleet-level pricing and flexible financing.

Ryde says the program will diversify revenue streams, improve driver economics with lower operating cost per km, enhance rider experience, and strengthen the company's ESG and clean-mobility position in Singapore.

Ryde (NYSE American: RYDE) announced on December 9, 2025 that the first cohort of driver-partners completed a Facilities and Security Management Programme delivered with Concorde International (NASDAQ: CIGL).

The training combined online modules, practical sessions and assessments, producing certified driver-partners who can now pursue on-demand assignments in building operations, event support and security services through Ryde's partner network. Ryde framed the initiative as part of its 7 Driver Commitments to expand income stability, upskilling and career flexibility for its driver community.

Ryde (NYSE American: RYDE) announced priced offerings totaling approximately US$14 million consisting of a US$12 million private placement of 33,334,000 Class A ordinary shares and a US$2 million registered direct offering of 5,556,000 Class A ordinary shares at US$0.36 per share.

The registered direct offering is being made under an effective Form F-3 shelf (File No. 333-288587) declared effective on September 2, 2025. The company said the offerings are expected to close on or about December 3, 2025 (registered direct) and December 9, 2025 (private placement), subject to customary conditions.

Ryde did not engage a placement agent and currently intends to use net proceeds for working capital and general corporate purposes. A prospectus supplement will be filed with the SEC and copies will be available at www.sec.gov.

Ryde (NYSE American: RYDE) and Tencent Cloud expanded their strategic partnership with the launch of a Weixin/WeChat Mini Program in Singapore on November 18, 2025. The Mini Program lets Chinese visitors book Ryde rides inside the Weixin/WeChat ecosystem without downloading a separate app, supports Simplified Chinese, displays fares in RMB, and accepts Weixin/WeChat Pay. This build follows an earlier integration of Tencent Cloud Real-Time Communication (TRTC) into Ryde's platform and aims to improve cross-border mobility, personalized user experience, and inbound tourism convenience for over 3 million annual Chinese visitors to Singapore.

Ryde (NYSE American: RYDE) announced a collaboration with Kris+ on November 6, 2025 that lets KrisFlyer members redeem miles for RydeCoins at discounted rates via the Kris+ app.

Members can redeem Ryde vouchers with up to 12% off, top up RydeCoins for use on any Ryde trip in Singapore, and earn 2 miles per SGD 1 when buying Ryde vouchers through Kris+.

The partnership highlights convenience, discounts, and Ryde's push for smarter, greener mobility in Singapore.

Ryde (NYSE:RYDE) announced on October 30, 2025 that its subsidiary RCSR Pte Ltd entered a Notes Subscription and Debenture Agreement to invest in Singapore Electric Vehicles Pte Ltd (SEV).

The move secures Ryde early access to SEV's fleet and charging infrastructure, supports the company's electrification roadmap, and aims to lower operating costs for drivers while advancing sustainability goals as Singapore transitions to EVs by 2030.

Key fact: SEV currently operates a fleet exceeding 200 electric vehicles.

Ryde Group (NYSE:RYDE) received a Warning Letter from NYSE American dated October 24, 2025 for failing to disclose a material transaction entered on October 6, 2025 (New York) prior to trading on October 7, 2025, in breach of Section 401(a) of the NYSE American Company Guide. NYSE Regulation noted an unusual price increase and volume on October 7, 2025 and said immediate disclosure was required under the Exchange's policy.

The company acknowledges the violation, says it will enhance procedures for disseminating material information, and is publicly disclosing the warning letter under Section 401(j) of the Company Guide.

Ryde (NYSE:RYDE) reported first-half 2025 results on October 24, 2025 showing revenue of S$5.7 million (US$4.5M), a 31% year‑on‑year increase from S$4.4 million. Adjusted EBITDA improved by 14%, narrowing the adjusted EBITDA deficit to S$2.9 million (US$2.3M) for 1H 2025. Operational changes cited include adjustments to platform fees while keeping a 0% commission policy for driver‑partners.

Key strategic moves in 1H 2025 included a 40% acquisition of Atoll Discovery (about 100 BYD electric vehicles), a partnership with Tencent Cloud for in‑app communications and WeChat Mini Program exploration, and a strengthened tie with Delivery Chinatown to boost last‑mile delivery.

Ryde Group (NYSE American: RYDE) signed a Memorandum of Understanding with HelloRide on October 15, 2025 to explore a strategic partnership linking first-/last-mile cycling with on‑demand rides in Singapore.

The MOU outlines pilot reciprocal promotions and product integrations to lower door‑to‑door travel costs and reduce user friction. HelloRide will launch a HelloRyde pass priced at S$22.90, which includes a 30‑day unlimited HelloRide pass plus S$20 in RydeCoins redeemable for Ryde trips in Singapore. Additional co‑marketing, in‑app placements, and product experiments are contemplated in later phases.

The companies say the collaboration aims to save commuters money and time while reducing carbon footprint by combining micromobility for short hops with ride‑hailing for longer legs.