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Ryde Group Ltd.

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Ryde Group: A Temporary Downtrend Presents a Long-Term ChanceRyde Group Ltd (NYSE: RYDE), a leading mobility and quick commerce platform from Singapore, has recently experienced a downtrend in its share price. While this might raise concerns, the current dip is best seen as temporary market volatility, not a reflection of the company’s fundamentals. With its recent expansion to serve international travellers, Ryde is positioned for growth, making this an opportunity for forward-looking investors. On November 1, 2024, Ryde announced its app’s availability for international travellers visiting Singapore, tapping into the city-state's booming tourism industry. This move aligns with the growing demand for convenient and reliable transport services among tourists. The app’s real-time tracking features and global payment options are tailored for travellers, aiming to provide a seamless user experience. Ryde stands out in the competitive ride-hailing sector with its 0% commission policy, which benefits its driver-partners and ensures a high-quality rider experience. This commitment to safety and fairness continues to attract both users and drivers, strengthening its market position. The recent decline in Ryde’s share price does not align with its strong fundamentals and growth trajectory. The company’s strategic expansion into tourism, coupled with its innovative business model, positions it for significant revenue growth. Singapore’s rebounding tourism market provides a clear avenue for Ryde to capitalise on increased demand. For investors, the current dip offers a chance to invest in a company poised for long-term success. As its initiatives gain traction, Ryde’s share price is likely to reflect the underlying growth in its business. Conclusion Ryde Group’s recent share price movement is a short-term fluctuation that doesn’t capture the company’s growth potential. With a clear strategy to expand into tourism and a robust operational model, Ryde is positioned for sustainable success. Investors looking for value in the mobility sector should consider this a timely opportunity to enter before the stock rebounds.
AMEX:RYDELong
by HASHInvests200
Ryde's Zero-Commission Model: A Disruptive Shift!!The e-hailing industry thrives on competition, but few have innovated as boldly as Ryde. Traditionally, e-hailing platforms operate by charging drivers a commission fee on each trip, often ranging from 10% to 25%. While this provides platforms with a steady revenue stream, it has long been criticised for cutting into drivers’ take-home pay. Ryde’s new model of zero-commission charged on drivers eliminates this commission structure entirely, ensuring they retain the full fare for every ride. To make this approach viable, Ryde has introduced a nominal platform fee for riders, charging S$0.55 for trips costing S$18 or less, and S$0.76 for rides above S$18. For non-cash payments, a small transaction fee of 1.9% plus S$0.24 is applied. This transparent pricing strategy balances affordability for riders and operational sustainability for the platform. By adopting this model, Ryde directly addresses a key pain point in the e-hailing industry: the financial strain faced by drivers. Empowering drivers to earn more from their rides not only increases their financial stability but also fosters greater loyalty to the platform. This innovative approach positions Ryde as a driver-friendly alternative, distinguishing it from competitors that rely heavily on commissions to generate revenue. For riders, the benefits are equally significant. Ryde’s pricing remains competitive despite the introduction of platform fees. Transparency in fare calculations builds trust among passengers, ensuring they know exactly what they are paying for. In an industry where fare structures are often complex and opaque, this clarity enhances the user experience and strengthens Ryde’s reputation as a reliable and ethical service provider. Now is the time to watch Ryde closely. Its innovative business model has already begun to draw attention, and the potential for growth is significant. The zero-commission structure is likely to increase driver participation, enabling Ryde to expand its services and reach. Furthermore, its ethical and transparent approach builds trust among both drivers and riders, laying a strong foundation for continued success. Ryde’s decision to embrace innovation and fairness demonstrates its adaptability in a rapidly evolving industry. This willingness to challenge the status quo makes it more than just another e-hailing platform. Ryde represents a shift towards a more equitable future in ride-hailing, one where drivers, riders, and the platform itself can thrive together. In an era where consumers and stakeholders value ethical practices, Ryde is not just a company to watch—it’s a company worth supporting.
AMEX:RYDELong
by HASHInvests200
“How Short-Sellers Have Distorted Ryde Group's Share Price"Ryde Group Limited (NYSE) , a promising mobility solutions provider in Southeast Asia, has recently seen its stock price impacted by heightened short-selling activity. While the fundamentals of the company remain solid, the data suggests that aggressive shorting has created a misleading picture of its value, adding volatility and artificial downward pressure to its share price. As of November 15, 2024, Ryde had 232.67k shares sold short, representing 1.45% of its float of 11.8 million shares. Although the percentage may seem small, Ryde’s low float amplifies the impact of short-selling on price movements. A smaller float means fewer shares are available for trading, so even a modest short interest can disproportionately sway market sentiment, pushing prices lower than the company’s fundamentals would warrant. Interestingly, while the short interest decreased significantly from 443.39k shares in the prior month, the presence of short-sellers remains a factor in suppressing the stock’s performance. The current short ratio of 0.39 suggests that while some short positions are being covered, the lingering activity continues to weigh on investor confidence. This sustained pressure creates a negative feedback loop, where price declines caused by shorting further deter potential buyers, compounding the artificial undervaluation. Adding to the picture is Ryde’s low institutional ownership, which stands at only 1.06%. Institutions typically provide stability to a stock by holding significant positions and countering speculative trading activity. In Ryde’s case, the limited presence of institutional investors has left the company more vulnerable to short-seller tactics. However, this lack of institutional ownership contrasts sharply with the company’s 34.51% insider ownership, which demonstrates strong internal confidence in Ryde’s long-term growth potential. Such a high percentage of insider holdings suggests that those closest to the company—its executives and key stakeholders—firmly believe in its business model and future prospects. !The short information above was extracted from Yahoo Finance. The effects of this short-selling activity are especially concerning because they appear disconnected from Ryde’s underlying fundamentals. Short-sellers often exploit temporary market conditions or investor uncertainty, which can lead to exaggerated declines in stock prices. For a company like Ryde, whose operational and financial health remains stable, this downward pressure creates a misleading narrative that does not align with its true value. Such distortions make it challenging for the market to accurately price the company, potentially causing long-term investors to overlook its potential. In conclusion, while Ryde’s stock price has been affected by short-sellers, the company’s strong insider confidence and promising fundamentals suggest that its current valuation may not reflect its true worth. Investors who are willing to look beyond the short-term volatility caused by speculative trading may find an opportunity to capitalise on the eventual rebalancing of the market’s perception of Ryde Group Limited.
AMEX:RYDELong
by HASHInvests200
Ryde Group Limited (NYSE: RYDE): Signs of Stabilisation Recent observations indicate that Ryde Group Limited (NYSE: RYDE) is experiencing a slowdown in selling pressure, suggesting potential price stability. The stock has repeatedly tested the $0.40 support level, with technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) showing oversold conditions. This scenario presents a strategic opportunity for traders to consider accumulating the stock at current levels. Based on our analysis, the short-term target prices are set at $0.45 and $0.48, representing potential returns of 12.5% and 20%, respectively. These targets are supported by technical momentum and the observed resilience at the $0.40 support zone.
AMEX:RYDELong
by HASHInvests200
A Glimpse into My 2025 Stock Picks (US Edition)As we enter 2025, the U.S. stock market presents a landscape ripe with opportunities. The Federal Reserve's recent meeting minutes indicate a cautious yet optimistic approach, suggesting that while inflationary pressures are being monitored, the overall economic outlook remains positive. This balanced stance bodes well for investors seeking growth in the coming year. Janux Therapeutics Inc. (NASDAQ: JANX) Janux Therapeutics is a clinical-stage biopharmaceutical company specializing in the development of novel immunotherapies for cancer treatment. Leveraging its proprietary Tumor Activated T Cell Engager (TRACTr) and Tumor Activated Immunomodulator (TRACIr) platforms, Janux aims to create therapies that are both effective and safe. In the third quarter of 2024, the company reported financial results highlighting its ongoing commitment to advancing its pipeline, with significant investments in research and development. LandBridge Company LLC (NYSE: LB) LandBridge is a landowner in the oil-rich Permian Basin, focusing on leasing its extensive acreage to oil and natural gas producers. Since its IPO in mid-2024, where shares debuted at $19 each, the company has demonstrated robust revenue growth. In the third quarter of 2024, LandBridge reported a 60% year-over-year increase in revenues, reaching $28.5 million. This growth underscores the company's strategic positioning and the strong demand for its assets. Ryde Group Limited (NYSE: RYDE) Ryde Group is a transportation and mobility services provider, offering a range of solutions from ride-sharing to electric scooter rentals. In Singapore, the recent surge in Certificate of Entitlement (COE) prices has significantly increased the cost of car ownership, pushing consumers toward more affordable e-mobility options. Ryde, as a niche player in this industry, stands to benefit from this shift. Additionally, the company's current low valuation provides a safety net for investors, making it an attractive prospect in the evolving mobility landscape. In conclusion, the U.S. stock market in 2025 appears poised for continued growth, supported by a stable economic environment and strategic corporate advancements. Investors should consider companies like Janux Therapeutics, LandBridge Company, and Ryde Group, each offering unique value propositions in their respective sectors. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Investors should conduct their own research or consult with a financial advisor before making investment decisions.
AMEX:RYDELong
by HASHInvests200
Rising Costs Drive Singaporeans Away from Car OwnershipOwning a car in Singapore has long been associated with substantial financial commitments, but recent developments have further escalated these costs, making vehicle ownership increasingly prohibitive for many residents. A significant contributor to the rising expenses is the Certificate of Entitlement (COE), a mandatory permit required to own and operate a vehicle in Singapore. COE prices have surged dramatically; as of May 2024, premiums for smaller cars (Category A) reached S$92,700, while those for larger vehicles (Category B) climbed to S$105,689. These figures represent record highs, reflecting intensified competition for limited vehicle quotas. Beyond the COE, additional taxes such as the Additional Registration Fee (ARF) have been adjusted to further deter car ownership. The ARF is calculated as a percentage of the vehicle's Open Market Value (OMV), with rates escalating for higher-value cars. In February 2023, the government increased ARF rates for luxury vehicles, imposing a tax of up to 320% on cars with an OMV exceeding S$80,000. Operational costs have also risen. Fuel prices have been affected by global oil market fluctuations, leading to higher expenses at the pump. Additionally, Electronic Road Pricing (ERP) charges, which are levied to manage traffic congestion, have seen periodic adjustments, adding to the daily costs of driving. Parking fees, maintenance, and insurance premiums have similarly trended upwards, contributing to the overall financial burden of car ownership. These escalating costs have prompted a shift in consumer behaviour. Many Singaporeans are reconsidering the necessity of owning a personal vehicle, opting instead for alternative modes of transportation. Public transport systems, including buses and the Mass Rapid Transit (MRT), offer comprehensive coverage and are viewed as cost-effective alternatives. Additionally, the rise of ride-hailing services provides flexible and convenient options without the long-term financial commitments associated with car ownership. In this evolving landscape, companies like Ryde Group Limited stand to benefit. Established in 2014, Ryde is a Singapore-based technology company specialising in mobility and quick commerce solutions. Its services include on-demand and scheduled carpooling and ride-hailing options, connecting riders with a network of driver-partners. Additionally, Ryde offers real-time, on-demand, scheduled, and multi-stop parcel delivery services through its driver-partner app. In March 2024, Ryde became the first Singaporean ride-hailing startup to list on the New York Stock Exchange under the ticker symbol " RYDE ", raising US$12 million through its initial public offering. By providing cost-effective and convenient alternatives to car ownership, Ryde is well-positioned to cater to individuals seeking to navigate Singapore's transportation network without incurring substantial expenses.
AMEX:RYDELong
by HASHInvests200
Ryde Group Ltd (NYSE: RYDE), Powering Mobility Innovation throug​ Ryde Group Ltd, recently listed on the NYSE American as “ RYDE ,” is revolutionising the mobility landscape by transitioning to a platform-as-a-service (PaaS) model. No longer just a ride-hailing service, Ryde now offers businesses across sectors—from logistics to quick commerce, a robust suite of tools for fleet management, driver integration, last-mile delivery, and data-driven insights. Ryde’s shift to PaaS enables businesses to leverage its scalable, cloud-based infrastructure to streamline operations and respond to fluctuating urban demands. This modular platform provides critical flexibility, allowing companies to use Ryde’s AI-driven routing, hyperlocal delivery tracking, and advanced analytics to enhance operational efficiency. Ryde’s unique zero-commission model has also attracted a large driver network, adding value for partners without high fees. Financially, Ryde is well-positioned for growth. Though revenue saw a slight decline in H1 2024, primarily due to the zero-commission shift to enhance market share, the company improved its adjusted EBITDA by 20%, demonstrating a commitment to sustainable, profitable growth. With cash holdings of $3.19 million and a successful additional financing round in September 2024, Ryde is equipped to continue investing in its platform and expanding its market presence. As Ryde advances its mission to support businesses in the Asia-Pacific region, its PaaS model positions it as a key enabler in the future of urban mobility. By empowering companies with adaptable, efficient solutions, Ryde is not just keeping pace with market trends but actively shaping the future of transport and commerce. We remain positive on the future prospects of Ryde in 2025.
AMEX:RYDELong
by HASHInvests200
Why We Think Ryde Group Ltd. (NYSE: RYDE) is InterestingSingapore's mobility is now en-route for multi decade growth, and this company, Ryde Group Limited (NYSE: RYDE) could be a multi bagger gem. Here's why: As Singapore’s population grows, reaching over 6 million in 2024, the demand for smarter, greener, and more efficient mobility solutions has never been greater. Singapore is on a mission to become a ‘45-minute city’ by 2030, where everyone can reach key destinations within 45 minutes. This ambition drives innovation in public transportation, shared mobility, and electric vehicle adoption. Enter Ryde Group Limited, a leader in carpooling, private hire, taxi services, and even delivery. As demand for flexible transport options grows, Ryde stands poised to benefit. With Singapore’s focus on sustainable transit, Ryde’s services align perfectly with the city’s vision for reduced emissions and more With a diverse suite of offerings, Ryde meets the needs of commuters looking to save time, cut costs, and reduce their carbon footprint—all while enhancing convenience in Singapore’s fast-paced environment.” Listed on the New York Stock Exchange, Ryde is ready to be a game-changer, bringing Singapore’s vision of seamless mobility closer to reality. #RYDE #NYSE #FINANCE #INVESTMENT #STOCKS
AMEX:RYDELong
by HASHInvests200
Ryde Group Ltd. (NYSE: RYDE) - Testing Support LevelsSingapore-based mobility and quick commerce solutions provided Ryde Group Ltd. is seeing a test on the key support level of $0.450 over the shorter term period. The RSI indicator however, is showing an indication of the stock being oversold, which gives out a potential buy-at-low opportunity. Based on our understanding, a recent research report by Maxim Group had given a target price of $2.00 to the company, giving the company a significant potential upside ahead. We kept a BUY rating for Ryde Group for the next 12 months.
AMEX:RYDELong
by HASHInvests200
Transforming Urban Mobility Through Innovation (MUST READ)In the early 21st century, urban transportation underwent a significant transformation, largely due to the innovative approaches of Uber, Grab, and Ryde. These companies not only redefined ride-hailing but also expanded into comprehensive platforms offering diverse services. Uber – From a Simple Idea to a Global Phenomenon Uber's inception traces back to 2008 in Paris, where co-founders Travis Kalanick and Garrett Camp, after facing difficulties in hailing a cab, envisioned a service that allowed users to request rides via a mobile application. This concept materialised in 2009 with the launch of UberCab in San Francisco, providing a platform that connected passengers with drivers of luxury vehicles. The service quickly gained popularity for its convenience and efficiency. By 2010, Uber had officially launched in San Francisco, and in 2011, it expanded to New York City, marking the beginning of its rapid global growth. The introduction of UberX in 2012, which allowed non-professional drivers to offer rides, significantly reduced costs and broadened the user base. Despite facing regulatory challenges and competition, Uber continued to innovate, introducing services like UberEats for food delivery and Uber Freight for logistics. In 2019, Uber went public, solidifying its position as a leader in the ride-hailing industry. As of November 2024, Uber's market capitalisation stands at approximately $154.24 billion, reflecting its substantial growth and influence in the global market. Grab – Southeast Asia's Super-App Evolution In Southeast Asia, Grab's journey began in 2012 when Anthony Tan and Tan Hooi Ling, inspired by the challenges of the local taxi industry, launched MyTeksi in Malaysia. The app aimed to improve safety and efficiency in taxi services. Recognising the diverse needs of Southeast Asian consumers, Grab expanded its services beyond ride-hailing. It introduced GrabBike for motorcycle taxis, GrabFood for food delivery, and GrabPay for digital payments, evolving into a comprehensive super-app. A significant milestone was reached in 2018 when Grab acquired Uber's Southeast Asian operations, solidifying its dominance in the region. In 2021, Grab went public through a merger with a special purpose acquisition company (SPAC), marking one of the largest SPAC deals at the time. As of November 2024, Grab's market capitalisation is approximately $16.12 billion, underscoring its significant presence in the Southeast Asian market. Ryde – Singapore's Emerging Contender Founded in 2014 by Terence Zou, Ryde began as a carpooling platform in Singapore, aiming to offer a cost-effective and eco-friendly alternative to traditional ride-hailing services. Over the years, Ryde expanded its offerings to include private-hire car services, catering to a broader customer base. In March 2024, Ryde made history by becoming Singapore's first ride-hailing startup to list on the New York Stock Exchange under the ticker symbol "RYDE." Despite its smaller scale compared to industry giants Uber and Grab, Ryde has shown potential for growth. As of November 2024, Ryde's market capitalisation stands at approximately $15 million. The company's focus on niche markets and commitment to innovation position it as a promising player in the ride-hailing industry. Ryde still has a huge room to grow, as compared to its other peers.
AMEX:RYDELong
by HASHInvests200
Selling Pressure is Over: Ryde Group Ltd. (NYSE: RYDE)Our analysis indicates that the recent selling pressure on Ryde Group Ltd. (NYSE: RYDE) appears to have stabilised. This could signal a potential trend reversal, as evidenced by a flattening Relative Strength Index (RSI), suggesting diminished bearish momentum. Additionally, the Moving Average Convergence Divergence (MACD) is approaching a potential golden cross, further supporting the likelihood of a bullish shift. If RYDE’s share price holds steady within the $0.600 - $0.620 range, we anticipate a possible rebound towards the resistance levels at $0.650 - $0.700. A successful breach of these levels could close the gap from previous price movements, marking a significant step in the stock’s recovery trajectory.
AMEX:RYDELong
by HASHInvests200
Ryde Group Limited: A Look at Singapore’s Super Mobility AppRyde Group Limited (NASDAQ: RYDE) , a Singaporean tech company founded in 2014, has set its sights on becoming a “super mobility app,” integrating ride-hailing, carpooling, and parcel delivery under one platform. It aims to simplify urban transportation and logistics, catering to both individual users and businesses. Ryde’s business operates in two key segments. First, the mobility services segment, which started with carpooling and later expanded to ride-hailing options like RydeX, RydeXL, and RydeLUXE. This segment also includes tailored services like RydeFLASH for fast rides and RydePET for pet transport, demonstrating the company’s flexibility in meeting diverse user needs. The second segment is quick commerce, which focuses on parcel delivery through RydeSEND, catering to e-commerce and F&B businesses. The acquisition of Meili Technologies Pte. Ltd. in early 2023 boosted Ryde’s capabilities in this space. The market potential for Ryde is strong. Singapore’s mobility market, expected to grow at a CAGR of 26.7% and reach USD 6 billion by 2027, offers a significant opportunity. Likewise, the quick commerce sector is projected to grow from USD 6.4 billion in 2022 to USD 13.5 billion by 2027, driven by digital adoption and convenience-focused consumer behaviour. Ryde’s approach of integrating these services positions it well for growth. Financially, Ryde has shown promising revenue growth, increasing from S$6.2 million in 2021 to S$8.8 million in 2022, with further growth in the first half of 2023 to S$5.2 million. However, profitability remains elusive, with net losses widening from S$1.2 million in 2021 to S$5 million in 2022, continuing into 2023 with a S$4 million loss in the first half. These losses are primarily due to increased spending on incentives, tech development, and expansion efforts. The balance sheet shows a need for more capital, with liabilities reaching S$12.9 million by mid-2023 and limited cash reserves of S$2.3 million. Ryde’s strategic plans include diversifying services and improving user experience. The acquisition of Meili reflects its ambitions for growth, and future strategies may involve more partnerships, joint ventures, or acquisitions. While its vision aligns well with market trends, achieving profitability will require disciplined cost management, and strong user engagement. In summary, Ryde offers exciting growth potential as it seeks to redefine urban transportation and logistics. It has the ingredients to become a strong player in Southeast Asia, but success will depend on its ability to execute strategically while managing costs and securing sufficient capital to support its expansion plans.
AMEX:RYDELong
by HASHInvests200