Ryde Group becomes first Singaporean ride-hailing start-up to IPO at NYSE

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pbThe group participated in the ringing of the closing bell at the NYSE on 4 April./b/p pRyde Group Ltd’s senior management team participated in the ringing of the closing bell in the New York Stock Exchange (NYSE) on 4 April 2024./p pThe company said in a statement that this was to celebrate its a href="https://sbr.com.

Ryde Group Ltd’s senior management team participated in the ringing of the closing bell in the New York Stock Exchange on 4 April 2024.Among those present were CEO and Founder Terence Zou, CFO Chen Fei Lang, and CTO Nitin Dolli.

Ryde Group’s IPO sold 3,000,000 Class A ordinary shares at $5.394 apiece for a total of $16.18m of gross proceeds. Zou said “a significant portion” of the proceeds will be used to bring the Ryde Group into new geographic markets and to invest in technological improvements. This will be vital in “accelerating the future revenue and operational growth” of the company, he noted....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

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