Ryde Group Ltd Addresses Share Price Volatility, Reaffirms Strong Business Fundamentals
Ryde Group Ltd. (RYDE)
Company Research
Source: Business Wire
SINGAPORE--(BUSINESS WIRE)--Ryde Group Ltd (NYSE American: RYDE) ("Ryde" or the “Company"), a leading technology platform for mobility and quick commerce, today said the Company is not aware of any operational developments or other material events that may have caused the volatility in the Company’s recent share price. The Company remains focused on executing its long-term growth strategy and delivering value to our shareholders.Terence Zou, Group CEO & Founder of Ryde, stated, “Our fundamentals are strong, and we remain committed to sustainable growth. The recent share price fluctuations do not reflect the progress we have made since our NYSE listing in March 2024. The key management and shareholders have not divested any of their shares and remain confident in the Company’s future.Key developments include:1. AI-powered app redesignIn May 2024, we made significant improvements to enhance user interface by focusing on current design trends, language, and the use of AI with a more
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RYDE
News
- Ryde Announces Closing of $4.5 Million Public OfferingBusiness Wire
- Ryde Announces Pricing of $4.5 Million Public Offering [Yahoo! Finance]Yahoo! Finance
- Ryde Announces Pricing of $4.5 Million Public OfferingBusiness Wire
- Ryde and Singlife Forge Strategic Partnership That Protects Passengers Beyond RidesBusiness Wire
- Ryde Takes Center Court with Tennis Star Sarah Pang Joining Ryde Empowers! [Yahoo! Finance]Yahoo! Finance
RYDE
Sec Filings
- 9/27/24 - Form 6-K
- 9/27/24 - Form 424B4
- 9/26/24 - Form EFFECT
- RYDE's page on the SEC website