A few hours after the local ride-hailing firm Ryde announced its plans to launch RydeSend, LTA swooped in and issued a warning faster than you can say “What’s the Promo-Code”. In its warning, LTA stated that the peer-to-peer, on demand courier service would contravene rules that prohibits public service taxis and private-hire cars from solely conveying goods. Drivers caught doing so may have their vocational licenses revoked. LTA also made it clear that it was not consulted by Ryde prior to launching the service. In response, Ryde CEO Terrence Zou assured that Ryde, which uses its pool of 60,000 private hire and non-commercial drivers, would observe existing regulations, but will lobby their principle of leveraging their entire network by working with the authorities.
Written by Ashley Koh