Terence Zou, RYDE

Terence Zou, RYDE

19 April 2021
Singapore mobility app Ryde announces plans for S$200 million SGX IPO
Just recently, Ryde, a Singapore-based mobility app, formally announced its plans for a S$200 million Initial Public Offering (IPO) on the Singapore Exchange (SGX) and has appointed SAC Capital as its financial adviser. Terence Zou, CEO, and Founder, Ryde shares their decision to go for a traditional IPO listing and not a SPAC listing, and the importance of giving back to their drivers.

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17 March 2020
The impact of COVID-19 on ride hailing operators
The Singapore government has introduced a S$77 million package to help embattled taxi and private-hire drivers. On top of that, ComfortDelGro Taxi also said that they will be providing cabbies with rental rebates until the end of April 2020, which will cost the company S$10 million. Terence Zou, CEO and Founder, RYDE gives an analysis on their precautionary measures Ryde has rolled out for their fleet of drivers and passengers.

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