JAYRIDE GROUP LIMITED — Capital/Financing Update 2019

Jun 10, 2019

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ASX Announcement

11th June 2019

Jayride Continues Global Expansion – Now Live in China

Jayride Group Limited (ASX:JAY) (“​ Jayride”​ or the “​ Company”​ ) the travel marketplace where travellers compare and book airport transfers today announces that it has successfully launched in China and seven other countries including Russia, Colombia, Romania, Bulgaria, Tunisia, Latvia and Estonia.

Jayride now connects travellers with transport companies in 69 countries which service 77%+ of the world’s total airport passenger trips.

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In China, Jayride is now available for travellers to book airport transfers at 38 airports including every airport with greater than 25,000 international passengers per year.

Managing Director Rod Bishop says “Jayride is now live in China, including in Beijing and Shanghai which are in the world’s top-ten airports for passenger volume. We are very excited about the potential this market offers our business,” says Bishop, “these 38 airports serve over 8% of the world market with over 600 million annual passenger trips.”

In addition to the launch of China, Jayride is pleased to announce the launch of the following countries: Russia (65 airports), Columbia (9 airports), Romania (10 airports), Bulgaria (4 airports), Tunisia (5 airports), Latvia (1 airport), Estonia (1 airport).

Jayride Group Limited (ACN 155 285 528)

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These 133 new Jayride airports service 882 million passenger trips each year.

International roll-out nearly complete

Jayride’s initial international roll-out will be successfully completed once the company has launched airport coverage exceeding 85% of world airport passenger trips.

Once 85%+ is reached, Jayride will have become the first truly global airport transfer marketplace brand for travellers to compare and book their rides online around the world. The 85% threshold will give Jayride travellers the confidence to trust the Jayride brand to serve their ground transport needs wherever on earth they want to travel.

Jayride will cross the 85% threshold with the addition of Japan and ten other countries across Eastern Europe, Central America and the Middle East, and is expected to announce the completion of this roll-out, and the commencement of the next stage of the Company’s growth, within the next 30 days.

For more information please contact

Rod Bishop

Managing Director Email: corporate@jayride.com

About Jayride Group Limited

Jayride.com provides seamless transport experiences for travellers by allowing them to compare and book ground transfers around the world. With Jayride.com, travellers can compare and book with 3,000+ transport companies, servicing destinations including 1,500+ airports across North America, Europe, Middle East, Africa, Asia and the Pacific.

The Jayride.com platform aggregates ground transport companies and distributes them to travellers at Jayride.com; and via partnerships with other travel technology platforms, travel agencies and wholesalers. These partners implement Jayride.com APIs to sell ground transport and add new incremental ancillary revenue to their travel businesses.

Founded in 2012, Jayride.com is headquartered in Sydney, Australia.

Jayride Group Limited (ACN 155 285 528)

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For more information, please visit www.jayride.com

Forward-looking statements

This announcement contains forward-looking statements that involve risks and uncertainties. Indications of, and guidelines or outlook on, future earnings, distributions or financial position or performance and targets, estimates and assumptions in respect of production, prices, operating costs, results, capital expenditures, reserves and resources are also forward-looking statements. These statements are based on an assessment of present economic and operating conditions, and on a number of assumptions and estimates regarding future events and actions that, while considered reasonable as at the date of this announcement and are expected to take place, are inherently subject to significant technical, business, economic, competitive, political and social uncertainties and contingencies. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company, the directors and management. We cannot and do not give any assurance that the results, performance or achievements expressed or implied by the forward-looking statements contained in this announcement will actually occur and readers are cautioned not to place undue reliance on these forward-looking statements. These forward-looking statements are subject to various risk factors that could cause actual events or results to differ materially from the events or results estimated, expressed or anticipated in these statements.

Jayride Group Limited (ACN 155 285 528)

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