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Ryde Group Ltd. (Singapore)

Main Activities: All Other Business Support Services
Full name: Ryde Group Ltd. Profile Updated: July 09, 2024
Buy our report for this company USD 19.99 Most recent financial data: 2023 Available in: English Download a sample report

The Company s to become a “Super mobility app” where multiple mobility tools can be accessed and function seamlessly out of a single app, offering ultimate convenience and reliability for its customers
The Company s currently only operate in Singapore and have no business operations outside of Singapore.
2013 GoGoX is an on-demand logistics platform that was founded in Hong Kong in 2013. Deliveroo, headquartered in London, was founded in 2013 and In February 2013, Uber chose Singapore as the first country to introduce their Taxi ride services in the region of South East Asia.

2014 The brand expanded its operations to Singapore in 2014. The platform allows users to book delivery services through a mobile app or website, and the services offered include same-day delivery, scheduled deliveries, etc.
2015, Deliveroo launched in Singapore. It charges a simple, fixed fee per delivery.
2016 similarly, in May 2016, they chose Singapore again to launch the online food delivery Services of UberEats.
2018 Lalamove, a Hong kong-based logistics company, was founded in 2013, and began operations in Singapore in 2018. Since its launch, Lalamove has rapidly expanded its services in Singapore, and now operates in several key areas, including Changi, Woodlands, and Jurong, etc. The company has also expanded its service offerings to include courier services, same-day delivery, and last-mile delivery for e-commerce companies.
2023 The Company plan to list its ordinary shares on the NYSE American under the symbol “RYDE”.

Headquarters
Duo Tower, 3 Fraser Street
Singapore; Singapore; Postal Code: 189352

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Website: http://www.rydesharing.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2014
Key Executives
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Chairman
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Chief Financial Officer
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Director/Member of the Board
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Director/Member of the Board
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Outside Director
Ownership Details
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11.23%
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0.13%
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Subsidiaries
Meili Technologies (M) Sdn. Bhd. (Malaysia)
100%
Meili Technologies Pte. Ltd.
100%
Ryde Group (Bvi) Ltd (United Kingdom)
100%
Company Performance
Financial values in the chart are available after Ryde Group Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency SGD. Absolute financial data is included in the purchased report.
Net sales revenue
39.9%
Total operating revenue
31.97%
Operating profit (EBIT)
-1007.22%
EBITDA
-1237.69%
Net Profit (Loss) for the Period
-937.82%
Total assets
40.84%
Total equity
-171.47%
Operating Profit Margin (ROS)
-125.23%
Net Profit Margin
-128.46%
Return on Equity (ROE)
128.04%
Debt to Equity Ratio
34.78%
Quick Ratio
-0.16%
Cash Ratio
-0.27%

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