Ryde gets ride-hailing, carpool service licences in S'pore

22 Oct 2021

Article featured Amos Tan, assistant director of SP’s School of Business who opined that the announcement by the Land Transport Authority to grant ride-hailing company Ryde a full ride-hail and carpool service operator licence for three years, could increase brand awareness among consumers about Ryde's services. He added that having multiple operators is good news for consumers as it means they have more options and the adding of a fifth ride-sharing operator in Singapore also addresses their concerns about a monopoly in the market and potential increase in prices.

[The Straits Times]


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