6-K
Ryde Group Ltd (RYDE)
UNITEDSTATES
SECURITIESAND EXCHANGE COMMISSION
Washington,D.C. 20549
FORM6-K
REPORTOF FOREIGN PRIVATE ISSUER
PURSUANTTO RULE 13a-16 OR 15d-16
UNDERTHE SECURITIES EXCHANGE ACT OF 1934
Forthe month of October 2025
CommissionFile Number: 001-41950
RydeGroup Ltd
DuoTower, 3 Fraser Street, #08-21
Singapore189352
+65-9665-3216
(Addressof principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
On October 30, 2025, the Company wholly owned subsidiary, RCSR Pte. Ltd. (“RCSR”), has entered into a Notes Subscription and Debenture Agreement (the “Agreement”) with Singapore Electric Vehicles Pte Ltd (“SEV”). Pursuant to this Agreement, RCSR will subscribe for secured convertible notes issued by SEV with a principal amount of US$6.2 million (the “Notes”). The Notes have a tenor of twelve months and carry an interest rate of 8% per annum, payable semi-annually. The Notes are secured by a fixed charge over SEV’s assets. RCSR has the option to convert the outstanding notes into SEV equity at maturity. If RCSR chooses not to convert, SEV is obligated to repay the principal amount in full together with accrued interest.
A press release dated October 30, 2025 announcing the corporate updates included as Exhibit 99.1 of this Report.
EXHIBITINDEX
| Exhibit No. | Description |
|---|---|
| 99.1 | Press release |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Ryde Group Ltd | ||
|---|---|---|
| Date:<br> October 30, 2025 | By: | /s/ Zou Junming Terence |
| Name: | Zou<br> Junming Terence | |
| Title: | Chairman<br> of the Board of Directors and Chief Executive Officer |
Exhibit99.1
RydeAnnounces Strategic Investment in Singapore Electric Vehicles Pte Ltd to Accelerate Sustainable Mobility Growth
SINGAPORE,October 30, 2025 – Ryde Group Ltd (NYSE American: RYDE) (“Ryde” or the “Company”), a leading technology platform for mobility and quick commerce headquartered in Singapore, today announced that its wholly owned subsidiary, RCSR Pte Ltd, has entered into a Notes Subscription and Debenture Agreement with Singapore Electric Vehicles Pte Ltd(“SEV”), one of Singapore’s largest private EV fleet operators.
This strategic investment represents a key milestone in Ryde’s roadmap toward full electrification and reinforces its long-term commitment to building a cleaner, more efficient, and future-ready urban mobility ecosystem.
StrengtheningRyde’s Position in Singapore’s EV Revolution
Founded in 2022, SEV is a fast-growing innovator shaping Singapore’s EV landscape through a vertically integrated ecosystem of EV leasing,charging infrastructure, and smart mobility technologies. With a current fleet exceeding 200 electric vehicles, SEV has rapidly emerged as a leading private EV operator supporting both consumer and enterprise demand.
Through this investment, Ryde secures early access to a growing pool of electric vehicles, giving the Company a strategic advantagein driver acquisition, fleet optimization, and sustainability compliance as Singapore accelerates its nationwide transition to EVs by 2030.
UnlockingLong-Term Value and Sustainability
“This strategic partnership with SEV marks a pivotal step forward in Ryde’s journey toward sustainable growth,” said TerenceZou, Founder, Chairman and CEO of Ryde. “As EV adoption gathers pace in Singapore, our investment ensures that Ryde is not just participating in this transformation, we are shaping it. By expanding our access to EVs and charging infrastructure, we can lower operating costs for our drivers, enhance user experience, and unlock new avenues of long-term value creation for our shareholders.”
This investment aligns with Ryde’s broader sustainability strategy and positions the Company to capitalize on the rising demand forclean mobility, a market expected to grow substantially as governments and consumers shift toward green transportation alternatives.
AboutRyde Group Ltd
Ryde is a super mobility app founded in Singapore and recognised as the world’s FIRST on-demand carpooling app since 2014. As a publicly listed company on the NYSE American, Ryde is reimagining the way people and goods move around by offering a full suite of services, including carpooling, private hire, taxi, and delivery. What distinguishes Ryde is its commitment to empowering private-hire and taxi partners by taking 0% commission, ensuring that drivers retain more of their hard-earned earnings. For more information, please visit https://rydesharing.com/.
SafeHarbor Statement
This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement.
Forward-looking statements are only predictions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.
Contacts
ForMedia Relations:
Media Team
Ryde Group Ltd
Email: media@rydesharing.com
ForInvestor Relations:
Investor Relations Team
Ryde Group Ltd
Email: investor@rydesharing.com