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The latest announcement is out from Jayride Group Ltd. ( (AU:JAY) ).
Jayride Group Ltd. has been suspended from trading on the ASX due to financial condition concerns but remains operationally stable with ongoing support from investors. The company is actively working towards reinstatement by strengthening its balance sheet and has made significant strategic progress with new SaaS deployments in Thailand, highlighting its commitment to growth and financial stability.
More about Jayride Group Ltd.
Jayride Group Ltd. operates in the transportation industry, focusing on Software-as-a-Service (SaaS) solutions for airport transfers and peer-to-peer car-sharing platforms. The company is expanding its market presence in Thailand through partnerships with GB Limousine and Drivemate.
Technical Sentiment Signal: Sell
Current Market Cap: A$8.69M
Find detailed analytics on JAY stock on TipRanks’ Stock Analysis page.