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flag Ryde Group's revenue rose 31% in H1 2025, driven by stronger demand and efficiency, while cutting costs and expanding green tech and delivery partnerships.

flag Ryde Group Ltd, a Singapore-based mobility and quick commerce platform, reported a 31% year-on-year revenue rise to S$5.7 million ($4.5 million) in the first half of 2025, driven by stronger supply and demand, improved engagement, and better platform efficiency. flag Adjusted EBITDA narrowed to S$2.9 million ($2.3 million), reflecting cost optimizations through revised driver incentives and rider expenses. flag The company maintained its zero-commission policy for drivers, partnered with Delivery Chinatown for last-mile delivery, launched an education award for drivers’ children, acquired a 40% stake in EV rental firm Atoll Discovery, and teamed with Tencent Cloud to enhance in-app communication and explore WeChat Mini Program integration across Southeast Asia. flag Ryde, listed on the NYSE American, emphasized sustainable growth, green mobility, and technology innovation under CEO Terence Zou.

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