Singapore-based ride-hailing app Ryde is planning a $200 million listing on the Singapore Exchange (SGX) Catalist board in 2022, announced the company on March 8.

The announcement comes on the back of Ryde turning profitable in 4QFY2020 as Gross Transaction Value (GTV) increased four times during the pandemic, says the company. Ryde also saw its user count grow 30% y-o-y in this time. 

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