Ryde reports first half 2024 results, positions for accelerate growth

Singapore--(business wire)--ryde group ltd (nyse american: ryde) (“ryde” or the “company”), a leading technology platform for mobility and quick commerce headquartered in singapore, today announced the financial results for the six months ended june 30, 2024 (“1h 2024”). key financial highlights for first half 2024: revenue: the company reported revenue of s$4.4 million (us$3.2 million), down from s$5.2 million (us$3.9 million) in 1h 2023. while the transition to the 0% commission model in janu.
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