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Finance & Markets

S’pore ride-hailing platform Ryde faces legal trouble in the US and Cayman Islands

It faces pump-and-dump allegations and disgruntled shareholders.

straitstimes.com ·

Singapore-based ride-hailing company Ryde is facing legal troubles in the United States and the Cayman Islands. The firm is named in two lawsuits, one class action lawsuit in the US and a petition in the Cayman Islands, alleging false or misleading statements about its business and questionable corporate governance.

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