Jayride Group (ASX:JAY) launched its new software-as-a-service (SaaS) mobility platform and started the onboarding of the first 500 vehicles in Thailand, according to a Monday filing with the Australian bourse.
The company released its first Jayride-branded application in TestFlight and a closed beta release on Google Play, both available exclusively in Thailand, the filing said.
The 500-vehicle onboarding will guide platform improvements for expansion into Malaysia and Australia later this year, according to the filing.
Shares rose 13% in midday trade on Monday.