SINGAPORE’S LEADING CARPOOL APP, RYDE LAUNCHED IN KLANG VALLEY, PROMOTING CARPOOLING OPTION TO ENABLE MALAYSIANS TO SAVE COST & GO GREEN

Published by Lavinesh @ 16/12/2019

Ryde's App

Ryde, the number one carpool mobile app in Singapore, has launched into Malaysia. The move comes part of the company’s global expansion plans, with Ryde preparing to extend its services to Sydney, Australia by 2020, and later in Hong Kong.

Ryde, a start-up launched in Singapore, was founded by financier Terence Zou in 2015 with the aim to position carpooling as a viable transportation option, enabling commuters to save cost, go green, and create a community.

Terence Zou, Ryde’s founder and Chief Executive Officer

Using Ryde’s in-app request and matching technology, RydePool matches drivers driving on a particular route with commuters hoping to hitch a ride to their destination along the same route.

Both advanced and on-demand bookings are available for RydePool so that drivers and riders can plan their journey.

Ryde's App

RydePool will be launching in Klang Valley, with plans to roll out into other major cities in Malaysia like Johor, Penang and Malacca.

RydePool fares are based on a not-for-profit model where riders will pay the cost contribution of the trip, taking into account the distance travelled, petrol, toll and car depreciation costs.

Terence Zou, Ryde’s founder and Chief Executive Officer

Ryde is also offering drivers zero commission fares, meaning that the driver will be able to pocket 100% of their fares to offset their driving expenses.