Terence Zou is happy to be transforming the lives of millions through his carpooling app.

What’s your story?
Navy Commander. Harvard graduate. Private equity investor. Finance lecturer. Founder and CEO of RYDE – Singapore’s number one carpooling mobile app!

What excites you most about your industry?
We are transforming the lives of millions while saving the earth.

What’s your connection to Asia?
I grew up in Singapore, studied in the UK and US and worked in Hong Kong for a while. I travelled extensively throughout China doing deals in my finance days.

DSCF0628 Terence2

Favourite city in Asia for business and why?
Hong Kong. A very cosmopolitan, dynamic and free city. Lee Kuan Yew once said that Hong Kong people move around and do business with a certain “buzz.”  I totally agree.

What’s the best piece of advice you ever received?
My Navy commander once told me, “nothing is impossible. It’s all about working hard and having self belief.” I took his advice seriously.

Who inspires you?
Jack Ma. He grew Alibaba from an unknown internet company in Hangzhou to an NYSE listed firm and he did not even write a line of code.

What have you just learnt recently that blew you away?
Madonna’s performance during her Singapore Rebel Heart Tour certainly blew me away.

If you had your time again, what would you do differently?
I would not have done anything differently because life should be seen as a whole and not in parts. The sum of my experiences shaped my thoughts and convictions to step out to be an entrepreneur.

How do you unwind?
Listening to jazz with a glass of shiraz and some camembert on the side. Very therapeutic.

Favourite Asian destination for relaxation? Why?
Phuket. Been there many times. Beautiful beaches, weather and great food! Thai people are one of the most hospitable people around!

Everyone in business should read this book:
Zero to One. Peter Thiel talks about uncharted frontiers to explore and business innovation.

Shameless plug for your business:
RYDE is the future of mobility, transforming the way we move around.

How can people connect with you?
Visit our website at http://www.rydesharing.com/sg/home/ and like our Facebook page https://www.facebook.com/rydesharing/

Twitter handle?
@rydesharing for our Instagram and Twitter!

This interview was part of the Callum Connect’s column found on The Asian Entrepreneur:

CallumConnectsCallum Laing invests and buys small businesses in a range of industries around Asia.  He has previously started, built and sold half a dozen businesses and is the founder & owner of Fitness-Buffet a company delivering employee wellness solutions in 12 countries.  He is a Director of, amongst others, Key Person of Influence.  A 40 week training program for business owners and executives.

Take the ‘Key Person of Influence’ scorecard <http://www.keypersonofinfluence.com/scorecard/>

Connect with Callum here:
Get his free ‘Asia Snapshot’ report from www.callumlaing.com

Recently Published

Key Takeaway Vernacular art, a self-taught visual art genre, is dominated by African American, Appalachian, and working-class artists. It has gained recognition, with the Smithsonian Museum of American Art, American Visionary Art Museum, Atlanta’s High Museum, and Milwaukee Art Museum building significant collections. Vernacular art emphasizes the artist’s biography, providing meaning and value to collectors […]

Top Picks

Key Takeaway: Standards of beauty have been embedded in different cultures since time immemorial, often based on binary notions of idealised forms of femininity or masculinity. Eleanor Janega’s book explores medieval women’s social roles to consider the ways that women’s roles have and haven’t changed. Religious women in the middle ages used weaponised beauty to […]
Key Takeaway: Authenticity is important for both individuals and society, as it is a social glue that reinforces trust. People need to reexamine and recalibrate how authenticity is judged. Social science offers guidance on what makes something feel authentic. George Newman found three dimensions of authenticity: historical authenticity, categorical authenticity, and values and beliefs. Generative […]


I highly recommend reading the McKinsey Global Institute’s new report, “Reskilling China: Transforming The World’s Largest Workforce Into Lifelong Learners”, which focuses on the country’s biggest employment challenge, re-training its workforce and the adoption of practices such as lifelong learning to address the growing digital transformation of its productive fabric. How to transform the country […]

Join our Newsletter

Get our monthly recap with the latest news, articles and resources.


Welcome to Empirics

We are glad you have decided to join our mission of gathering the collective knowledge of Asia!
Join Empirics