StockNews.AI
RYDE
StockNews.AI
105 days

Ryde Reaffirms Commitment to Gig Workers at NTUC May Day Rally, Supporting Inclusive Growth and Fair Work Practices

1. Ryde reaffirmed support for gig workers at May Day Rally 2025. 2. Prime Minister's address signals strong political backing for labor initiatives.

2m saved
Insight
Article

FAQ

Why Bullish?

Ryde's commitment to gig workers enhances brand reputation and may attract more users. Historical support for labor-related initiatives often precedes positive stock performance in relevant sectors.

How important is it?

The emphasis on gig worker support aligns with trends in labor rights, likely attracting investment. Positive public sentiment surrounding worker support can lead to increased consumer loyalty.

Why Short Term?

Immediate sentiment may shift due to public and investor perception regarding Ryde's commitment, similar to previous events where labor support led to short-term gains.

Related Companies

UBERLYFTDIDI
SINGAPORE, SINGAPORE / ACCESS Newswire / May 6, 2025 / Ryde Group Ltd (NYSE American:RYDE) ("Ryde'' or the "Company"), a technology company with a leading platform for mobility and quick commerce in Singapore, proudly reaffirmed its commitment to gig workers at the NTUC May Day Rally 2025, joining over 1,600 union leaders, tripartite partners, and fellow Singaporeans in support of a more inclusive, resilient workforce. Held at Downtown East, Singapore, the annual rally was marked by Prime Minister Lawrence Wong's first May Day address since taking office.

Related News