Photographer: Brent Lewin/Bloomberg

Ex-Citigroup Banker Wants to Take His Ryde App to Hong Kong

  • Startup now in talks to raise S$10 million in latest round
  • Ryde taking on GrabTaxi in some of Asia's costliest cities

Ex-Citigroup Inc. banker Terence Zou started a carpooling app in Singapore to help cut road congestion, pollution and commuting costs. Now he’s in talks to raise money so he can bring that model to another crowded city -- Hong Kong.

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