Lyft expands to Toronto, moving beyond U.S. for the first time

Lyft is growing beyond its home market of the USA, with a launch planned next month in Toronto, the largest city in Canada.

As if this Canadian expansion wasn't bad enough news for Uber atop its other woes, Bloomberg has also reported that Lyft is set to capture 1/3 of the US market by Christmas.

The company operates in hundreds of USA cities and Toronto will be its first global market. Several thousand drivers indicated an interest through Lyft's US website before recruiting started Monday, he added.

Previously, Lyft operated internationally through partnerships with local ride-sharing companies, like Grab in Southeast Asia and Didi in China.

"We see an opportunity for ourselves in providing a better experience for everyone involved", said Houghton, in a swipe at its largest rival. As of February, Lyft had a presence in 300 cities. The company is also beginning to sign up potential drivers now in advance of its rollout of its service.

The ride-hailing service announced Monday it will start offering service in Toronto by the holidays, though it didn't specify an exact date. The company is appealing London's decision to pull its license after the city's transport authority said Uber was not "fit and proper" to operate there.

Lyft will serve the Greater Toronto and Hamilton Area and plans to launch by the end of the year.

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