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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.
Yahoo
11-06-2025
- Business
- Yahoo
CHIC 2025 in Shanghai to focus on fashion innovations
The CHIC 2025 event in Shanghai is designed to facilitate business connections through a blend of creative trade show elements and experiential activities. Under the theme 'Fashion Picnic in Autumn,' CHIC 2025 (September) aims to focus on tapping into burgeoning markets, showcasing brands, leveraging digital tools, and fostering creative interactions. Scheduled to take place from 2-4 September 2025, the event will feature more than 800 exhibitors across nine designed thematic zones spanning an area of more than 50,000m2. The space hall will display Spring/Summer 2026 collections in various categories including women's, men's, and children's apparel, as well as accessories, shoes, and bags. Some highlights include CHIC Talk, CHIC Shows, and an integrated digital WeChat Mini Program. The aim is to foster dialogue, spur innovation, and streamline networking within the industry. CHIC Talk will feature a series of expert-led seminars and workshops offering a knowledge exchange platform. These sessions will bring together industry specialists and leading brands to discuss current trends in fashion. Runway shows at the event will highlight creative designs for the upcoming season from premium brands and collective presentations by prominent national fashion organisations. These runway events aim to showcase the style acumen and capabilities of the participating labels. The CHIC WeChat Mini programme will serve as a central digital tool for the fair, consolidating essential services such as visitor registration, business matching, and live stream broadcasting. This programme is extensively used by exhibitors, visitors, and partners as a crucial component of CHIC's digital infrastructure. To date, CHIC has facilitated more than 1,000 matchmaking sessions and connected more than 600,000 trade visitors. The spring edition of the fair in 2025, held from 11 to 13 March drew more than 1,175 exhibitors and a new high of over 165,000 visitors, with 55% attending CHIC for the first time. The upcoming autumn edition aims to continue this momentum by organising targeted matchmaking meetings to explore new buyer potential and is anticipated to attract over 60,000 visitors. "CHIC 2025 in Shanghai to focus on fashion innovations" was originally created and published by Just Style, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.