Ryde Group Ltd (NYSE: RYDE) traded Friday much higherThe technology company with a leading platform for mobility and quick commerce in Singapore, is proud to announce Ryde Empowers, a groundbreaking initiative designed to nurture and support local talent in Singapore. This initiative is aligned with the UN Sustainable Development Goals to promote good health and well-being and reduced inequalities.
Ryde Empowers is dedicated to nurturing Singaporean talent and contributing to building a stronger, more vibrant community. Our goal is to provide comprehensive support that enables Singaporean athletes, community service leaders, artists, and musicians to excel both nationally and internationally.
“By focusing on three key pillars,” read this morning’s news release, “we aim to create a robust support system: to raise public awareness and foster community appreciation; connecting talents with a wider audience to celebrate their achievements and contributions; to offer a platform for sharing personal journeys and triumphs, helping talents connect with potential sponsors to receive direct support; and to provide financial support to encourage talents to pursue excellence progressively, allowing them to focus on their growth and international exposure.”
Ryde also enthused over its support of Singaporean professional tennis player Sarah Pang as the first champion of the Ryde Empowers’ program.
“Sarah's journey exemplifies the unwavering spirit of excellence Ryde Empowers celebrates,” the release concludes “Despite skepticism and funding obstacles, Sarah’s journey has consistently defied the odds.”
RYDE shares rode higher 44 cents, or 6.6%, to $7.07.
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