RYDE GROUP LTD Stock Price, News & Analysis

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.

Ryde Group Ltd (NYSE: RYDE) has announced a strategic partnership with MooVita to launch an SAE Level 4 autonomous shuttle service in Punggol, Singapore. The companies have submitted a proposal to the Land Transport Authority (LTA) for implementation in Q4 2025.

The pilot program will connect Punggol residents to MRT stations and transport hubs through fully integrated autonomous shuttles accessible via the Ryde app. The service will initially operate with certified onboard safety officers for 12 months before transitioning to remote supervision and eventually fully autonomous operation.

Beyond the Punggol pilot, Ryde is developing an operator-agnostic AV platform designed to integrate multiple autonomous vehicle services, including fixed shuttles, robotaxis, and other mobility solutions, creating a unified marketplace for autonomous transportation in Singapore.

Ryde Group (NYSE American: RYDE), a Singapore-based mobility and quick commerce technology platform, has announced a registered direct offering of 6,422,000 Class A shares priced at $0.25 per share. The offering, conducted without a placement agent, is expected to raise gross proceeds of approximately $1.6 million.

The offering is being made under an effective shelf registration statement and is expected to close around September 10, 2025. The company plans to use the net proceeds for working capital and general corporate purposes. The offering is priced at-the-market under NYSE American rules.

Ryde (NYSE:RYDE) has announced a strategic partnership with Concorde International Group (NASDAQ:CIGL) to transform workforce opportunities in Singapore. The collaboration will enable Ryde's driver-partners to participate in security and facilities management services, creating a new revenue stream beyond traditional ride-hailing services.

Under the partnership, Ryde aims to onboard up to 5,000 driver-partners who will receive specialized security training from Concorde Security. The initiative, launching in October 2025, will utilize integrated technological solutions and AI-driven innovations for efficient task assignment and service delivery. The partnership aligns with Ryde's "7 Driver Commitments" initiative and aims to address Singapore's growing demand for manpower across various facilities sectors.

Ryde Group (NYSE American: RYDE) announced that NYSE American has accepted its compliance plan to address listing standard deficiencies. The company had received a notice on May 21, 2025 for non-compliance with Section 1003(a)(ii) of the NYSE American Company Guide due to stockholders' equity below $4.0 million and losses in three of its four most recent fiscal years.

NYSE American has granted Ryde until November 21, 2026 to regain compliance. During this period, RYDE shares will continue trading while the company undergoes quarterly monitoring. If Ryde fails to meet compliance requirements or show sufficient progress, NYSE American may initiate delisting proceedings.

Ryde Group Ltd (NYSE: RYDE) has successfully implemented its Singapore National Day driver engagement initiative, highlighting its strategic focus on driver retention in Singapore's competitive mobility market. The initiative, celebrating Singapore's 60th independence anniversary, included distributing limited-edition National Day T-shirts and decals to over 600 driver-partners.

Central to Ryde's competitive advantage is its unique 0% commission model, distinguishing it from competitors who charge over 20% commissions. The company's comprehensive approach includes various community engagement programs like Annual CNY Lunch, #RydeHongbao, and #MakanWithRyde, resulting in higher driver retention rates and increased platform advocacy.

Ryde Group (NYSE:RYDE) announced its strategic expansion into Singapore's ultra-premium EV market through the launch of RydeLUXE 6, following its acquisition of a 40% stake in Atoll Discovery. The partnership provides access to Atoll's GAC E9 PHEV fleet and high-value corporate clients.

The initiative targets Singapore's $6.4 billion mobility market opportunity, with premium services expected to contribute 10% of total revenue by 2027. The fleet expansion plan includes scaling to 100 GAC E9 units by end-2026. Driver-partners will benefit from preferential leasing rates of ~S$4,200/month and monthly bonus incentives up to S$300.

This strategic move aligns with Singapore's Green Plan 2030 and positions Ryde to capitalize on the growing luxury transport demand driven by 333,000+ millionaire households in Singapore.