Ryde launches luxury ride hailing service

RydeLUXE aims to cater to high net-worth clientele.

Expecting an uptick in tourist, business and convention demand, ride-share app Ryde has launched a service for the super-wealthy.

In a statement, Ryde announced the launch of RydeLUXE, a premium version of its ride-hailing service, that would match riders with professional drivers and luxury vehicles.

“The launch of RydeLUXE reflects our belief and commitment to introduce innovative features for the ride-hailing market. It also marks a significant milestone for us, as we enter the ultra-
luxury market and cater to a different clientele.” said Ryde Technologies Founder and CEO Terence Zou.

Ryde expects demand to come from Downtown, and from multinational corporations, small businesses, hotels and restaurants.

Projected rates off-peak hours are $25 from Tanglin to Bugis, and $50 from Bugis to Changi Business Park.

Charging a 10% service fee for driver partners, RydeLUXE would allow them to take more money home for each ride.

Currently RydeLUXE only allows 6-seater Toyota Alphard and Vellfire as car models.

The service will be launched on April 29. Beta trials are ongoing.