Ryde Partners with HelloRide to Launch First-/Last-Mile Mobility Perks in Singapore

Rhea-AI Summary

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.

SINGAPORE, SG / ACCESS Newswire / October 15, 2025 / Ryde Group Ltd (NYSE American:RYDE) ("Ryde" or the "Company"), a leading technology platform for mobility and quick commerce in Singapore, today announced the signing of a Memorandum of Understanding (MOU) with HelloRide, one of the world's largest platform to explore a strategic partnership that connects first-/last-mile cycling with on-demand rides, creating a more seamless, greener, and more affordable urban commute in Singapore.

Under the MOU, both companies will pilot reciprocal promotions and product integrations designed to lower door-to-door travel costs and reduce switching friction for users. As part of the collaboration, HelloRide will launch a new 'HelloRyde' pass priced at S$22.90. The pass includes a 30-day unlimited HelloRide pass and S$20 in RydeCoins, which can be redeemed to pay for trips booked through Ryde in Singapore. Additional co-marketing, in-app placements, and product experiments are contemplated in subsequent phases.

"This collaboration aligns with our mission to make everyday travel simpler and fairer," said Mike Liu, Business Development Manager of Ryde. "By pairing micromobility for short hops with ride-hailing for longer legs, commuters can save money, shave minutes off total journey time, and reduce their carbon footprint."

Hayden Choo, Managing Director of HelloRide, said: "We're excited to work with Ryde to bring a truly multimodal experience to users in Singapore. Our combined strengths make end-to-end urban trips more flexible and cost-effective, especially for first- and last-mile connections."

About Ryde Group Ltd

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 American, 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.

About HelloRide

HelloRide is a leading micromobility platform that helps commuters complete first- and last-mile trips with shared bicycles and e-bikes. Through an easy-to-use mobile app and a large network of vehicles, Hellobike supports convenient, affordable and sustainable urban travel across major cities.

Contacts

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

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.

SOURCE: Ryde Group

View the original press release on ACCESS Newswire

FAQ

What did Ryde (RYDE) announce in Singapore on October 15, 2025?

Ryde announced an MOU with HelloRide to pilot integrated first/last‑mile cycling and ride‑hailing services in Singapore.

What is included in the HelloRyde pass and how much does it cost?

The HelloRyde pass costs S$22.90 and includes a 30‑day unlimited HelloRide pass plus S$20 in RydeCoins redeemable for Ryde trips in Singapore.

How can RydeCoins from the HelloRyde pass be used for RYDE trips?

The press release says the S$20 in RydeCoins can be redeemed to pay for trips booked through Ryde in Singapore.

Will Ryde (RYDE) and HelloRide run joint promotions and in‑app integrations?

Yes; the MOU specifies pilot reciprocal promotions, product integrations, co‑marketing, and in‑app placements, with further experiments planned.

Does the announcement specify the pilot start date or expected financial impact for RYDE shareholders?

No; the MOU and release do not disclose a pilot start date or quantified financial impact for shareholders.