Ryde Group Ltd partners with Mobile-health Network Solutions

SINGAPORE--(BUSINESS WIRE)--Jun 27, 2024--

Ryde Group Ltd (NYSE American: RYDE) ("Ryde" or "the Company"), a leading technology platform for mobility and quick commerce, today announced a partnership with Mobile-health Network Solutions (Nasdaq: MNDR) ("MaNaDr"), the first US listed telehealth provider in Asia Pacific. Ryde and MaNaDr signed a definitive partnership agreement to further collaboration in the telehealth and quick commerce space.

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This collaboration aims to enhance the well-being of Ryde's driver-partners and their families by providing them with greater access to affordable healthcare services. It underscores our commitment for the driver-partners and their families to benefit from convenient telemedicine consultations, making healthcare readily available even while on the road. By allowing quick consultations for common illnesses or injuries, it minimizes downtime and maximizes earning potential, addressing a major concern for driver-partners.

Key Partnership Benefits:

Terence Zou, CEO and Founder of Ryde Group expressed, “We are committed to the well-being of our driver-partners. This business partnership gives them and their families convenient access to healthcare solutions, fostering a strong and loyal driver community for Ryde. We also believe this marketing collaboration strengthens Ryde's position as a super mobility app by tapping into MaNaDr's sizable user base.”

Dr. Siaw Tung Yeng, PBM, Senior Consultant Family Physician and MaNaDr co-CEO shared, “Ride-hailing drivers are recognized in Singapore as savvy consumers. Ryde's extensive network of driver-partners presents a valuable opportunity to raise awareness of the benefits of telehealth services across Singapore. We believe this would likely result in Mobile-health Network Solutions receiving a significant influx of new patients and contribute to the growth of the telehealth industry in Singapore.”

About Ryde Group Ltd

Ryde is a super mobility app founded in Singapore and also the world's FIRST on-demand carpooling app since 2014. As a publicly listed company on the NYSE American, FSE and XSTU stock exchange, we are reimagining the way people and goods move around. We offer a full suite of services, including carpooling, private hire, taxi, and delivery, but what truly sets us apart is our commitment to empower our private-hire and taxi partners. We take 0% commission, ensuring that more of every hard-earned dollar goes to drivers on our platform. For more information, please visit https://rydesharing.com/ to learn more.

About Mobile-health Network Solutions

Ranked #41 in Financial Times 2024 listing of 500 High-growth Asia-Pacific Companies, MNDR is the first telehealth provider from the Asia-Pacific region to be listed in the US. Through its MaNaDr platform, the Company offers personalized and reliable medical attention to users worldwide. This platform allows its community of healthcare providers to have a broader reach to users through virtual clinics without any start-up costs and the ability to connect to a global network of peer-to-peer support groups and partners. The Company’s range of seamless and hassle-free telehealth solutions includes teleconsultation services, prescription fulfillment and other personalized services such as weight management programs and gender-specific care. For more information, please visit https://investors.manadr.com/.

FORWARD-LOOKING STATEMENTS

Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the "Risk Factors" section of the preliminary prospectus filed with the SEC. Any forward-looking statements contained in this press release speak only as of the date hereof, and Ryde Group Ltd specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

(Left to right: Dr Rachel Teoh, Co-Founder and Co-CEO, Dr Siaw Tung Yeng, Co-Founder and Co-CEO, Mr. Terence Zou, Founder, Chairman, and CEO & Mr. Nitin Dolli, Chief Technology Officer of Ryde Group Ltd) (PHOTO: RYDE)

RED BANK, N.J. (AP) — President Joe Biden looked to recapture his mojo and reassured donors at a Saturday fundraiser that he is fully up to the challenge of beating Donald Trump.

“I didn’t have a great night, but I’m going to be fighting harder,” Biden told attendees at the home of New Jersey Gov. Phil Murphy. “Donald Trump is a genuine threat to the nation,” he emphasized, saying that his predecessor would undermine democracy if returned to the White House and his economic ideas would worsen inflation.

The 81-year-old's troubling performance at the first presidential debate Thursday rattled many Democrats, who see Trump as a continuing danger after the Jan. 6, 2021, insurrection. Biden's meandering answers and struggles to respond to Trump prompted The New York Times editorial board to declare Friday that he should exit the race and that staying in would be a “reckless gamble.”

A White House official said Saturday that Biden had preplanned time at Camp David on Sunday and Monday for a family photo, disputing the premise of an NBC News report suggesting that Biden would be discussing the future of his reelection campaign with his family. The official insisted on anonymity to discuss Biden family matters.

Biden and his wife, Jill, attended an afternoon campaign event in East Hampton, New York, the Long Island beach town where the real estate firm Zillow prices the median home at $1.9 million. Based on public records, the event that was closed to the news media was at the home of Avram Glazer, an owner of the Tampa Bay Buccaneers football team.

The couple then went to a second event in East Hampton at the home of investor Barry Rosenstein, whose wife, Lizanne, said the president was “a role model for what it is to get knocked down over and over and over again and get up.”

“We can waste time comparing debate nights,” she continued. “But you know what? It’s more meaningful to compare presidencies.”

Addressing the gathering, Biden tore into Trump over his presidential record including his treatment of veterans and pointed to Trump's own poor performance on Thursday night.

Biden contended that the polling he’s seen shows that Democrats moved up after the debate, saying of Trump: “The big takeaway was his lies."

In the aftermath of that debate, Biden flashed more vigor in speeches in North Carolina and New York on Friday, saying he believes with “all my heart and soul” that he can do the job of the presidency.

The Biden campaign said it has raised more than $27 million on Thursday and Friday, including $3 million at a New York City fundraiser focused on the LGBTQ+ community.

Jill Biden told supporters Friday that he said to her after the debate, “You know, Jill, I don’t know what happened. I didn’t feel that great.” The first lady then said she responded to him, “Look, Joe, we are not going to let 90 minutes define the four years that you’ve been president.”

The Democratic president still needs to allay the fears stirred by the debate as it seeped into the public conscience with clips and memes spreading on the internet and public pressure for him to bow out of the race.

Democratic donors across New York, Southern California and Silicon Valley privately expressed deep concerns about the viability of Biden’s campaign in the wake of his debate performance.

In a series of text message chains and private conversations, they discussed the short list of possible replacements, a group that included Michigan Gov. Gretchen Whitmer, California Gov. Gavin Newsom and Vice President Kamala Harris.

But on Friday, there was no formal push to pressure Biden to step aside and some suspected there never would be given the logistical challenges associated with replacing the presumptive nominee just four months before Election Day.

Some donors noted they were going to pause their personal giving. They said receipts from Biden’s weekend fundraiser would almost certainly be strong because the tickets were sold and paid for before the debate.

Peoples reported from New York.

President Joe Biden arrives on Marine One at East Hampton Airport, Saturday, June 29, 2024, in East Hampton, N.Y. (AP Photo/Evan Vucci)

President Joe Biden, center right, and first lady Jill Biden, right, arrive on Marine One with granddaughters Natalie Biden, from left, and Finnegan Biden, at East Hampton Airport, Saturday, June 29, 2024, in East Hampton, N.Y. (AP Photo/Evan Vucci)

President Joe Biden, left, and first lady Jill Biden arrive at Francis S. Gabreski Airport, Saturday, June 29, 2024, in Westhampton Beach, N.Y. (AP Photo/Evan Vucci)

President Joe Biden, right, and first lady Jill Biden board Marine One at Francis S. Gabreski Airport, Saturday, June 29, 2024, in Westhampton Beach, N.Y. (AP Photo/Evan Vucci)

President Joe Biden, left, and first lady Jill Biden arrive at East Hampton Airport, Saturday, June 29, 2024, in East Hampton, N.Y. (AP Photo/Evan Vucci)

President Joe Biden, left, and first lady Jill Biden arrive at Francis S. Gabreski Airport, Saturday, June 29, 2024, in Westhampton Beach, N.Y. (AP Photo/Evan Vucci)

President Joe Biden speaks at the grand opening ceremony for the Stonewall National Monument Visitor Center, Friday, June 28, 2024, in New York. (AP Photo/Evan Vucci)