Ryde Group, Tencent Cloud Partner to Enhance In-App Communications, Drive Super-App Ambitions

Ryde Group Ltd. (NYSE:RYDE) is one of the best new tech stocks with huge upside potential. On June 20, Ryde Group announced a partnership with Tencent Cloud, which is the cloud division of Tencent Holding Ltd. (OTC:TCEHY), to enhance Ryde’s in-app communications in Southeast Asia by integrating Tencent’s Real-Time Communication/TRTC technology and WeChat Mini Program.

The move is expected to reduce operational costs, improve scalability, and strengthen user data privacy. TRTC is known for its ultra-low latency performance and carrier-grade stability, and is already powering major platforms such as PUBG, QQ, and Weixin.

Ryde Group, Tencent Cloud Partner to Enhance In-App Communications, Drive Super-App Ambitions

A fleet of buses and vans providing cost-efficient transportation services.

The final goal for Ryde is to become a super-app for Southeast Asia. Ryde plans to use these new tools to expand its services beyond ride-hailing into deliveries, digital payments, and sustainability-focused mobility.

Ryde Group Ltd. (NYSE:RYDE) provides mobility and quick commerce solutions in Singapore.

Tencent Holding Ltd. (OTC:TCEHY) is an investment holding company that provides value-added services, marketing services, fintech, and business services in Mainland China and internationally.

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Disclosure: None. This article is originally published at Insider Monkey.