SINGAPORE, SG / ACCESS Newswire / February 10, 2026 / Ryde Group Ltd (NYSE American:RYDE) (“Ryde” or the “Firm”), a number one know-how platform for mobility and fast commerce in Singapore, in the present day signed a Memorandum of Understanding (“MOU”) with the Nationwide Personal Rent Autos Affiliation (“NPHVA”), reaffirming a shared dedication to supporting the welfare, well-being, and work prospects of Ryde driver-partners.
This partnership marks an vital step in strengthening constructive collaboration and structured engagement inside Singapore’s platform work ecosystem, because the sector continues to evolve.
As a part of this partnership, Ryde will formally recognise NPHVA to signify its platform staff underneath the Platform Staff Act. This recognition permits NPHVA to signify and negotiate on behalf of Ryde’s driver-partners on work-related issues, together with earnings, working circumstances, and dispute decision.
A Framework for Collaboration and Engagement
The MOU establishes a standard framework for ongoing dialogue and cooperation between Ryde and NPHVA on issues referring to driver-partners, together with:
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Common engagement and session on partner-related developments
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Strengthening channels for suggestions and communication
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Supporting truthful and sustainable practices that improve associate welfare
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Exploring initiatives that enhance security, safety, and well-being
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Encouraging suggestions from driver-partners on their day-to-day platform expertise
As a part of the partnership, NPHVA will signify the collective pursuits and voice of Ryde driver-partners inside the scope of this engagement framework.
Constructing In direction of Lengthy-Time period Partnership
Ryde and NPHVA will proceed working carefully to foster a robust labour-management relationship, and to assist initiatives that profit driver-partners whereas making certain enterprise sustainability and regulatory compliance.
Each events additionally share the intention to construct in the direction of longer-term collaborative agreements that stay sensible and aligned with Singapore’s platform work atmosphere.
Statements from the Events
Subashini Thanakodi, Affiliate Director (Operations) of Ryde, mentioned: Our driver-partners are the spine of Ryde, and their well-being guides how we form our platform. This MOU with NPHVA displays our dedication to open dialogue, truthful practices, and a sustainable platform the place drivers can thrive. By working carefully with NPHVA, we intention to take heed to driver suggestions, strengthen assist constructions, and guarantee our platform continues to evolve in a manner that advantages driver-partners, the affiliation, and the broader neighborhood alike”
Lee Hsing Han Raven, Govt Secretary of NPHVA, mentioned: “This partnership is a crucial step in strengthening assist constructions for personal rent and platform drivers. By way of ongoing engagement and collaboration, we intention to reinforce the welfare and prospects of Ryde driver-partners.”
About Ryde Group Ltd
Ryde, a homegrown tremendous mobility app based in Singapore, is the world’s FIRST on-demand carpooling app since 2014! As a publicly listed firm on the NYSE American, we’re reimagining the way in which individuals and items transfer round. We provide a full suite of companies, together with carpooling, personal rent, taxi, and supply, however what actually units us aside is our dedication to empower our private-hire and taxi companions. We take 0% fee, making certain that extra of each hard-earned greenback goes to drivers on our platform. For extra info, please go to https://rydesharing.com/ to study extra.
In regards to the Nationwide Personal Rent Autos Affiliation (NPHVA)
The Nationwide Personal Rent Autos Affiliation is the consultant physique for personal rent and platform drivers in Singapore, advocating for improved welfare, safety, and truthful working circumstances for platform staff.
Contacts
For Media Relations:
Media Crew
Ryde Group Ltd
Electronic mail: [email protected]
For Investor Relations:
Investor Relations Crew
Ryde Group Ltd
Electronic mail: [email protected]
FORWARD-LOOKING STATEMENTS
Statements on this press launch about future expectations, plans and prospects, in addition to some other statements concerning issues that aren’t historic details, might represent “forward-looking statements” inside the that means of The Personal Securities Litigation Reform Act of 1995. These statements embrace, however are usually not restricted to, statements referring to the anticipated buying and selling graduation and shutting dates. The phrases “anticipate,” “imagine,” “proceed,” “may,” “estimate,” “anticipate,” “intend,” “might,” “plan,” “potential,” “predict,” “challenge,” “ought to,” “goal,” “will,” “would” and comparable expressions are supposed to determine forward-looking statements, though not all forward-looking statements include these figuring out phrases. Precise outcomes might differ materially from these indicated by such forward-looking statements on account of numerous vital elements . Any forward-looking statements contained on this press launch converse solely as of the date hereof, and Ryde Group Ltd particularly disclaims any obligation to replace any forward-looking assertion, whether or not on account of new info, future occasions or in any other case, besides as required by regulation.
SOURCE: Ryde Group
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