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Associated Press
a day ago
- Business
- Associated Press
World's Premier AI Conference, World AI Show Indonesia 2025, Arrives in Jakarta to Power Southeast Asia's AI Revolution
JAKARTA, INDONESIA, June 30, 2025 / / -- Global business events and consulting giant, Trescon, is set to host the 45th global edition of the World AI Show on 8–9 July 2025 at the JW Marriott, Jakarta, marking a landmark platform for Indonesia's digital transformation journey. With less than two weeks to go, the summit is already shaping up to be a cornerstone moment in Southeast Asia's AI development, bringing together national leaders, global technology enterprises, emerging startups, and visionary thinkers who are collectively driving the future of artificial intelligence in the region. This edition is more than just a continuation of a prestigious global series—it is a pivotal opportunity for Indonesia. As national frameworks such as Stranas KA and Vision 2045 gain momentum, the World AI Show – Indonesia offers a strategic platform for dialogue, investment, and cross-sector partnerships aimed at enabling scalable, responsible AI adoption aligned with national goals. A Global Platform Backed by Industry Powerhouses The World AI Show Indonesia 2025 is backed by a powerful ecosystem of global and regional technology leaders, offering unparalleled networking opportunities for delegates and participants. The sponsor lineup is headlined by two of the world's largest cloud service providers: Gold Sponsors: – Alibaba Cloud|Blue Power Technology – Tencent Cloud – UCLOUD Global – ASIX Bronze Sponsor: – IDStar, a fast-growing IT solutions provider with strong regional expertise. The exhibition floor will showcase innovative solutions from Intiva, Kouventa, Fastra, Inoventi, Nusantech, Tictag, InsightGenie, and Mekari, offering cutting-edge technologies in AI, data intelligence, automation, enterprise transformation, smart cities, and digital infrastructure. These partnerships ensure that World AI Show delivers not only global visibility but also meaningful outcomes for sponsors, partners, and delegates through curated networking, media exposure, and access to decision-makers. Adding to the show's credibility are high-impact collaborations with influential national and international partners, including: BritCham Indonesia, KUMPUL, STARFINDO (Asosiasi StartUp for Industri Indonesia), APDI, APAII, and Tamilar startup. Together, they bring deep networks and strategic alignment to ensure this platform drives measurable progress across both public and private sectors. The two-day summit promises a high-value experience with a strong focus on collaboration, innovation, and impact. The agenda is thoughtfully curated to address both immediate industry needs and long-term strategic goals. Key themes include Strategic Focus on Indonesia's 2045 AI-Driven Digital Economy, scaling it to its 10x potential, covering all bases with strategic insights from Enterprise to Ecosystem, High collaborations, high-impact revolutionary and thought-provoking ideas within AI advancements. Each session is designed to offer practical insights, policy alignment, and real-world use cases to accelerate implementation across sectors. Attendees can expect a diverse range of sessions, including: Responsible AI and ethical deployment GenAI's role in enhancing enterprise productivity AI-powered financial services and fraud detection Cybersecurity and data privacy in the AI era Future of work and AI-led workforce transformation Distinguished Speakers Driving the Dialogue This year's speaker line-up features a strong representation from both the public and private sectors, including: Prof. Hammam Riza, President, KORIKA Madame Hj. Diana Dewi, SE, Chairwoman, The Jakarta Chamber of Commerce and Industry (KADIN Jakarta) Arif Ilham Adnan, Co-Chairman, APDI / KADIN Jakarta Vincent Henry Iswara, CEO, DANA Indonesia Restu Kresnadi, Chief Data Officer, Kalbe Farma Sonny Supriyadi, Chief Data Officer, Maybank Wilbertus Darmadi, CIO, Toyota Astra Motor Renaldi Tjahaya, Chief Digital Officer, Kawan Lama Group Yudhistira Nugraha, Head of Centre for Data & IT, Ministry of Education and Culture Anindio Daneswara, SVP of IT & Digital, PT Semen Indonesia (Persero) Tbk Leaders from PT Semen Indonesia, ID Food, Sinar Mas Land, Meratus, and more will also contribute to key sessions, ensuring deep cross-sector engagement. FutureTech World Cup: The Spotlight on Innovation A key highlight of the summit is the FutureTech World Cup, to be held on 9 July 2025 at the JW Marriott, Jakarta. This live pitch competition will feature ten high-potential startups from across Asia, each selected for their innovation, scalability, and impact in sectors such as: Artificial Intelligence Smart Cities & Urban Tech FinTech & Digital Infrastructure HealthTech & BioAI Climate Tech & Sustainability These startups will pitch before an elite jury of regional investment leaders: Navas Ebin Muhammed, MD & Head of APAC, Mars Growth Capital (Singapore) Wiljadi Tan, Managing Partner, Protemus Capital (Indonesia) Derisa Zahara, VP of Value Creation, AC Ventures (Indonesia) Agung Bezharie Hadinegoro, Partner, Antler (Indonesia) Eddy Gunawan, IT Security Expert, PT Pertamina (Persero) The competition provides not just visibility but a strategic entry point into Southeast Asia's innovation economy. The winning startup will also advance to the Grand Finale at the Dubai AI Festival 2026, giving them a truly global stage. Positioned at the crossroads of innovation, regulation, and industry transformation, World AI Show – Indonesia 2025 is not just a conference—it is a strategic catalyst for collaboration, policymaking, and technological progress in the ASEAN region. From building public-private partnerships to facilitating investor-ready pitches and enabling AI adoption across sectors, this summit is where Indonesia's AI future takes shape. 'Indonesia's AI journey demands both innovation and wisdom. Through KORIKA's leadership, we are shaping an ecosystem that reflects our national values while advancing technological progress. The World AI Show is a platform of both opportunity and responsibility—a chance to ensure our digital transformation is inclusive and impactful,' said Prof. Hammam Riza, President of KORIKA. Now is the time to position your organisation at the core of Indonesia's AI movement. Be part of the conversations—and the outcomes—that will define the region's digital economy for years to come. For complimentary delegate passes, click here. About Trescon Trescon is a global business events and consulting firm specializing in producing highly focused B2B events that connect businesses with opportunities through conferences, expos, investor connect, and consulting services. For more information, visit: For sponsorship opportunities, speaking slots, or delegate access, please contact: Shrikanth Prabhu Commercial Director [email protected] +91 86601 15892 Reeha Haris Trescon +91 88486 55312 [email protected] Visit us on social media: LinkedIn YouTube X Other Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Forbes
2 days ago
- Forbes
Potential Cyber Threat Emerges As MOVEit Scanning Accelerates
Scanning activity targeting MOVEit Transfer systems surges globally, raising fears of another ... More widespread exploitation campaign. Progress Software's MOVEit Transfer system is back in the cybersecurity spotlight — and not for good reasons. New telemetry from GreyNoise shows a sharp and sudden surge in scanning activity, raising fears that attackers may be preparing for a fresh wave of exploitation, echoing the mass compromise campaigns of 2023. A Sudden Shift That Demands Attention On May 27, GreyNoise recorded a striking jump in the number of unique IPs probing MOVEit Transfer systems. Scanning activity, previously hovering below 10 IPs per day, skyrocketed to over 100. The next day, it surged to 319. Since then, daily scans have remained high, fluctuating between 200 and 300 unique IPs — a pattern that GreyNoise calls a 'significant deviation' from baseline behavior. These aren't just idle scans. Nearly half of the probing IPs — 44% — are associated with Tencent Cloud. Others originate from Amazon AWS, Cloudflare, and Google Cloud, platforms often abused for mass-scale reconnaissance due to their ease of access and global reach. The scans are originating primarily from the United States, but also span Germany, Japan, Singapore, Brazil, and other countries. The targets are globally distributed, with GreyNoise noting attempted access across the UK, Germany, France, and Mexico. Echoes of 2023 MOVEit Transfer made headlines just a couple years ago when a critical SQL injection vulnerability (CVE-2023-34362) was exploited by the Cl0p ransomware group. That zero-day led to breaches at hundreds of organizations, including government agencies and major corporations. The attackers used automated scanning and mass exploitation to infiltrate unpatched instances at scale. The current surge raises concerns that we may be witnessing a similar prelude. Attackers are known to conduct broad reconnaissance to identify unpatched or misconfigured systems before launching widespread attacks. GreyNoise's detection of sustained scanning over multiple weeks — rather than a short spike — suggests that reconnaissance is ongoing, possibly automated, and potentially linked to active threat actors preparing an operation. But not all experts see this as a clear sign of an imminent threat. 'The increase in scanning activity targeting MOVEit Transfer systems is worth monitoring, but doesn't necessarily indicate imminent or widespread exploitation,' said Shane Barney, CISO at Keeper Security. 'This type of behavior often reflects opportunistic threat actors probing for unpatched systems – not necessarily a sophisticated adversary.' Still, Barney acknowledged the high stakes: 'The MOVEit vulnerabilities have a history of being exploited at scale, with significant consequences, so organizations must remain vigilant.' What to Do Now Security leaders should act now, not later. Here's what should be prioritized: Nivedita Murthy, senior staff consultant at Black Duck, emphasized that attackers are quick to capitalize on lapses in patching. 'Attackers are exploiting a vulnerability in outdated versions of MOVEit Transfer, emphasizing the importance of keeping software up-to-date with the latest patches,' she said. Murthy also noted the growing role of automation in these campaigns: 'With the help of AI, attackers can automate a lot of their tasks and run attacks faster while making them harder to detect.' She recommends a layered defense, starting with visibility: 'Security teams should inventory all instances of the software using SCA tools, implement additional controls such as authentication and authorization, and regularly scan their software inventory for risks.' Maintaining accurate Software Bills of Materials, she added, is also critical to managing risk and 'helps confidently unleash business innovation in an era of accelerating risk.' Cloud Platforms as Recon-as-a-Service There's also a broader trend at play: cloud infrastructure is now a top tool for adversaries. Spinning up virtual machines on public cloud services takes minutes and costs pennies. That makes them perfect for running scanning scripts or launching low-and-slow enumeration attacks while obscuring true attribution. Tencent Cloud's appearance in this story is notable, not because the company is complicit, but because of the volume. With nearly half of scanner IPs traced back to Tencent's ASN, it's clear adversaries see value in its global footprint and accessibility. This development calls for better coordination between cloud providers and the security community to detect, report, and tear down abuse infrastructure before it's weaponized. A Warning, Not Yet a Breach While the scanning activity may not yet point to a coordinated exploit campaign, the patterns are uncomfortably familiar. Last year's MOVEit breaches didn't start with explosions — they started with quiet reconnaissance. 'Ensuring patches are applied, systems aren't unnecessarily exposed, and privileged access is tightly controlled are all foundational steps that help reduce risk,' Barney advised. 'While cybercrime groups may attempt to speed up and scale campaigns with automation or AI, core defense strategies remain the same: establish a zero-trust architecture, manage privileged access, and use real-time threat detection.' This isn't cause for panic…yet. But it is a call to be prepared. Threat actors are scanning. Whether or not they act depends, in part, on whether defenders leave the door open.
Arabian Post
6 days ago
- Business
- Arabian Post
Palm-based Payments Gain Traction Across Poland and Thailand
Arabian Post Staff -Dubai Poland has become the first European country to pilot palm vein–based biometric payments, while Tencent is advancing similar technology in Thailand, setting the stage for a wider rollout across Southeast Asia. Autopay's HandGo system and Tencent's palm biometrics reflect a growing global interest in contactless and secure transaction methods. Autopay has initiated a pilot of HandGo by allowing customers at select venues—such as the Limitless sauna complex in Sopot—to make purchases by placing their palm on a scanner. Once a user links a payment card in the Autopay app, they register their palm vein pattern via QR-triggered enrolment. A digital hand token is then stored securely, enabling future transactions without a card, smartphone, or smartwatch. Autopay emphasises that no actual image of the hand is stored—only encrypted vein pattern data and a payment token meeting PCI‑DSS standards. Company executives describe the offering as a potential game‑changer for wellness and sports facilities, emphasising convenience and hygiene. ADVERTISEMENT Globally, competitors already include Amazon's Amazon One and Alipay's PL1 device. Autopay distinguishes itself in Poland by being the nation's first palm-auth payment provider, placing it alongside early vein‑scanning efforts by BPH bank and fintech Payvein. Another biometric contender, PayEye, combines iris and facial recognition for payment authorisation. Despite its versatility, PayEye requires merchants to deploy specialised terminals that support both biometric and traditional card payments, boosting acceptance rates. Meanwhile, Tencent Cloud is intensifying its push into palm biometrics in Thailand. Vice‑president Jimmy Chen told the Bangkok Post that the country, backed by its 'Cloud First' policy and digital transformation initiatives, makes an ideal launchpad. Tencent is collaborating with local technology firms such as MFEC and True IDC to test the system across multiple sectors, including convenience stores, retail, entertainment, education and finance. Early trials in venues like 7‑Eleven, Siam Commercial Bank, and The Mall Group underscore a focus on Thailand's tourism-driven retail sector, where international visitors may welcome a card- or cash-free experience. Tencent Cloud's palm recognition has already been implemented in China at Beijing Airport Express, Shenzhen University, and numerous 7‑Eleven outlets. The system uses infrared imaging to analyse both surface palm lines and the vein network beneath the skin. Data is encrypted and stored with irreversible transformation to safeguard privacy. The architecture integrates local data centres—in Thailand's case—with no cross-border transfers, aligning with regulatory frameworks. Analysts from GlobalData suggest that if the trials succeed, Thailand could become the gateway for adoption across Indonesia and Malaysia, offering scalability and enhanced security compared with fingerprint or facial recognition. The initiative follows earlier pilot projects: Tencent partnered with Visa in Singapore in November 2024 during the Fintech Festival, allowing DBS, OCBC and UOB cardholders to enrol palm biometrics at café POS terminals and make payments thereafter through voice‑free palm scans. Tencent's palm system, recognised with a Fintech Excellence Award in Singapore, reportedly supports transaction speeds within a second, even under poor lighting or wet conditions. In Southeast Asia, Alipay's PL1 palm scanner is already deployed across several markets. PL1 requires users to enrol their palm lines and vein data, then allows tap‑free transactions at metro gates, buses and retail outlets. The competitive landscape also includes Amazon's Whole Foods adoption of palm scan technology in the US and pilot programmes by J.P. Morgan and Mastercard for palm‑based checkout systems.
Korea Herald
20-06-2025
- Business
- Korea Herald
Tencent Cloud Empowers Ryde to Elevate In-App Communication in Southeast Asia
HONG KONG, June 20, 2025 /PRNewswire/ -- Tencent Cloud, the cloud business of global leading technology company Tencent, today announced a strategic partnership with Ryde Group Ltd (NYSE American: RYDE) ("Ryde" or the "Company"), a technology company with a leading platform for mobility and quick commerce in Singapore, to elevate in-app communication for ride-hailing services in Southeast Asia. By integrating Tencent Real-Time Communication (TRTC) technology powered by Tencent Cloud, along with WeChat Mini Program, Ryde is enhancing driver and rider interactions with ultra-low latency, secure, and seamless communication directly within its platform. As Ryde expanded its user base and platform capabilities, the limitations of traditional telecom-based communication systems have become evident. Reliance on third-party number masking added unnecessary complexity, increased operational costs, and failed to meet the expectations of a mobile-first, digitally savvy audience. To maintain its competitive edge, Ryde sought a cutting-edge, cloud-native solution to ensure secure, real-time communication, protect user privacy, and optimize operational efficiency. With its proven global leadership in real-time communication infrastructure, powering platforms like Weixin/WeChat, QQ, and PUBG, Tencent Cloud's ultra-low latency solution, carrier-grade stability, and seamless integration capabilities aligned perfectly with Ryde's vision of building a future-ready mobility platform. Enhancing Mobility with Tencent Cloud's Real-Time Technology As one of the powerful solutions under Communications Platform as a Service (CPaaS), TRTC is renowned for its carrier-grade stability, ultra-low latency architecture, and seamless integration into mobile-first environments. By leveraging this solution, Ryde can replace traditional telecom methods with a scalable, secure, and cost-effective in-app solution, ensuring seamless voice interactions between riders and driver-partners. Beyond core infrastructure, Ryde also benefited from Tencent Cloud's comprehensive offerings, including scalable support for user demand, robust security compliant with international standards, improved performance with minimized latency, and access to AI and analytics for smarter pricing and customer engagement. Driving Long-Term Digital Mobility Transformation in Southeast Asia The partnership between Ryde and Tencent Cloud marks a strategic alliance between two growth-oriented platforms committed to advancing high-impact digital infrastructure across Southeast Asia. This collaboration is grounded in a shared vision to unlock value in rapidly evolving sectors such as urban mobility, platform-as-a-service, and AI-powered digital solutions. For Tencent Cloud, this partnership aligns with its regional expansion goals and strengthens its role in enabling super-app ecosystems. By offering scalable, secure infrastructure and advanced solutions like TRTC, Tencent Cloud is deepening its presence in the fast-growing mobility sector, with Ryde as a key partner. For Ryde, the collaboration accelerates its product development, enhances platform reliability, and drives operational efficiency—crucial factors as it expands into new areas including ride-hailing, deliveries, payments, and sustainable mobility. Tencent Cloud's robust ecosystem empowers Ryde to deliver exceptional user experiences while maintaining cost efficiency and technical agility. Kenneth Siow, Regional Director for Southeast Asia and General Manager for Singapore & Malaysia at Tencent Cloud International, said, "We are thrilled to partner with Ryde in transforming the ride-hailing communication experience across Southeast Asia. By integrating our Real-Time Communication (TRTC) technology, we enable seamless, secure, and ultra-low latency interactions within the Ryde platform. This collaboration underscores Tencent Cloud's commitment to empowering innovative companies with cutting-edge cloud solutions that enhance user experiences and drive operational efficiency. Together, we are establishing a long-term strategic foundation to capture emerging revenue opportunities, optimize margins through advanced infrastructure, and future-proof our platforms in Southeast Asia's rapidly evolving digital economy." Nitin Dolli, CTO at Ryde Group, said, "Our partnership with Tencent Cloud is more than a technological upgrade—it is a transformative step that accelerates Ryde's evolution beyond ride-hailing into a comprehensive regional super-app. Leveraging Tencent Cloud's robust TRTC technology, we have further enhanced the communication experience for both riders and driver-partners, while upholding the highest standards of privacy, security, and scalability. We believe this collaboration strengthens our competitive edge and reaffirms our commitment to delivering smarter, more seamless solutions for our users." In addition to TRTC implementation, Tencent Cloud and Ryde are jointly exploring new opportunities with WeChat Mini Program in areas such as AI-driven fleet optimization, intelligent dispatch systems, and green mobility analytics—initiatives designed to boost operational performance and support scalable, long-term growth. About Tencent Cloud: Tencent Cloud, one of the world's leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation. About Ryde Group Ltd: Ryde, a homegrown super mobility app founded in Singapore, is the world's FIRST on-demand carpooling app since 2014! As a publicly listed company on the NYSE, we are reimagining the way people and goods move around. We offer a full suite of services, including carpooling, private hire, taxi, and delivery, but what truly sets us apart is our commitment to empower our private-hire and taxi partners. We take 0% commission, ensuring that more of every hard-earned dollar goes to driver-partners on our platform. For more information, please visit to learn more. FORWARD-LOOKING STATEMENTS Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors. Any forward-looking statements contained in this press release speak only as of the date hereof, and Ryde Group Ltd specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
Associated Press
20-06-2025
- Business
- Associated Press
Tencent Cloud Empowers Ryde to Elevate In-App Communication in Southeast Asia
HONG KONG, CHINA / ACCESS Newswire / June 20, 2025 / Tencent Cloud,the cloud business of global leading technology company Tencent, today announced a strategic partnership with Ryde Group Ltd (NYSE American: RYDE) ('Ryde' or the 'Company'), a technology company with a leading platform for mobility and quick commerce in Singapore, to elevate in-app communication for ride-hailing services in Southeast Asia. By integrating Tencent Real-Time Communication (TRTC) technology powered by Tencent Cloud, along with WeChat Mini Program, Ryde is enhancing driver and rider interactions with ultra-low latency, secure, and seamless communication directly within its platform. As Ryde expanded its user base and platform capabilities, the limitations of traditional telecom-based communication systems have become evident. Reliance on third-party number masking added unnecessary complexity, increased operational costs, and failed to meet the expectations of a mobile-first, digitally savvy audience. To maintain its competitive edge, Ryde sought a cutting-edge, cloud-native solution to ensure secure, real-time communication, protect user privacy, and optimize operational efficiency. With its proven global leadership in real-time communication infrastructure, powering platforms like Weixin/WeChat, QQ, and PUBG, Tencent Cloud's ultra-low latency solution, carrier-grade stability, and seamless integration capabilities aligned perfectly with Ryde's vision of building a future-ready mobility platform. Enhancing Mobility with Tencent Cloud's Real-Time Technology As one of the powerful solutions under Communications Platform as a Service (CPaaS), TRTC is renowned for its carrier-grade stability, ultra-low latency architecture, and seamless integration into mobile-first environments. By leveraging this solution, Ryde can replace traditional telecom methods with a scalable, secure, and cost-effective in-app solution, ensuring seamless voice interactions between riders and driver-partners. Beyond core infrastructure, Ryde also benefited from Tencent Cloud's comprehensive offerings, including scalable support for user demand, robust security compliant with international standards, improved performance with minimized latency, and access to AI and analytics for smarter pricing and customer engagement. Driving Long-Term Digital Mobility Transformation in Southeast Asia The partnership between Ryde and Tencent Cloud marks a strategic alliance between two growth-oriented platforms committed to advancing high-impact digital infrastructure across Southeast Asia. This collaboration is grounded in a shared vision to unlock value in rapidly evolving sectors such as urban mobility, platform-as-a-service, and AI-powered digital solutions. For Tencent Cloud, this partnership aligns with its regional expansion goals and strengthens its role in enabling super-app ecosystems. By offering scalable, secure infrastructure and advanced solutions like TRTC, Tencent Cloud is deepening its presence in the fast-growing mobility sector, with Ryde as a key partner. For Ryde, the collaboration accelerates its product development, enhances platform reliability, and drives operational efficiency-crucial factors as it expands into new areas including ride-hailing, deliveries, payments, and sustainable mobility. Tencent Cloud's robust ecosystem empowers Ryde to deliver exceptional user experiences while maintaining cost efficiency and technical agility. Kenneth Siow, Regional Director for Southeast Asia and General Manager for Singapore & Malaysia at Tencent Cloud International, said, 'We are thrilled to partner with Ryde in transforming the ride-hailing communication experience across Southeast Asia. By integrating our Real-Time Communication (TRTC) technology, we enable seamless, secure, and ultra-low latency interactions within the Ryde platform. This collaboration underscores Tencent Cloud's commitment to empowering innovative companies with cutting-edge cloud solutions that enhance user experiences and drive operational efficiency. Together, we are establishing a long-term strategic foundation to capture emerging revenue opportunities, optimize margins through advanced infrastructure, and future-proof our platforms in Southeast Asia's rapidly evolving digital economy.' Nitin Dolli, CTO at Ryde Group, said, 'Our partnership with Tencent Cloud is more than a technological upgrade-it is a transformative step that accelerates Ryde's evolution beyond ride-hailing into a comprehensive regional super-app. Leveraging Tencent Cloud's robust TRTC technology, we have further enhanced the communication experience for both riders and driver-partners, while upholding the highest standards of privacy, security, and scalability. We believe this collaboration strengthens our competitive edge and reaffirms our commitment to delivering smarter, more seamless solutions for our users.' In addition to TRTC implementation, Tencent Cloud and Rydeare jointly exploring new opportunities with WeChat Mini Program in areas such as AI-driven fleet optimization, intelligent dispatch systems, and green mobility analytics-initiatives designed to boost operational performance and support scalable, long-term growth. About Tencent Cloud: Tencent Cloud, one of the world's leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation. About Ryde Group Ltd: Ryde, a homegrown super mobility app founded in Singapore, is the world's FIRST on-demand carpooling app since 2014! As a publicly listed company on the NYSE American, we are reimagining the way people and goods move around. We offer a full suite of services, including carpooling, private hire, taxi, and delivery, but what truly sets us apart is our commitment to empower our private-hire and taxi partners. We take 0% commission, ensuring that more of every hard-earned dollar goes to driver-partners on our platform. For more information, please visit to learn more. Media Contact Melody Huang Tencent Cloud [email protected] Andy Miu Current Global [email protected] +852 2533 9908 Media Team Ryde Group Ltd [email protected] Investor Relations Ryde Group Ltd [email protected] FORWARD-LOOKING STATEMENTS Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute 'forward-looking statements' within the meaning of The Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words 'anticipate,' 'believe,' 'continue,' 'could,' 'estimate,' 'expect,' 'intend,' 'may,' 'plan,' 'potential,' 'predict,' 'project,' 'should,' 'target,' 'will,' 'would' and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors. Any forward-looking statements contained in this press release speak only as of the date hereof, and Ryde Group Ltd specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. SOURCE: Ryde Group press release
