Building on the Ryde 2.0 transformation plan previously announced by the Company, Ryde is advancing its strategy from its foundations across ride-hailing, electric vehicles, fleet services, autonomous mobility initiatives and digital assets toward a more integrated technology-enabled mobility ecosystem.

The next phase is intended to bring these capabilities together across a common technology platform, with the objective of improving marketplace efficiency, vehicle utilization, driver productivity, rider experience and capital efficiency while creating opportunities for new products, services and recurring revenue streams.

Over the next 12 months, Ryde intends to assess, prioritize and test these opportunities, advance selected initiatives into pilots and, where they demonstrate clear operational and commercial value, consider broader deployment.