Lyft is growing beyond its home market of the US, with a launch planned next month in Toronto, the largest city in Canada.
In 2017, Lyft expanded to cover around 94 percent of US residents, up from around 60 percent at the start of the year, with multiple new markets added across the country.
"Lyft has grown considerably this past year, and Toronto was a no brainer for the company's first global launch". The news follows an earlier report that Lyft was poised to grab a third of the ride-hailing market in the USA in the latest sign that the company was continuing to profit off Uber's stumbles earlier in the year.
"There is some pretty high, positive sentiment with Lyft", he added. As of February, Lyft had a presence in 300 cities. Potential drivers must also pass DMV and background checks, both of which are free and conducted online.
The ride-hailing service announced Monday it will start offering service in Toronto by the holidays, though it didn't specify an exact date.
Uber arrived in Canada several years ago and has fought an uphill regulatory battle ever since, leaving it banned or pushed out of some Canadian cities as the taxi cab industry dug in its heels against new competition from unlicensed platforms.
The city is four months late in reporting back on the first year of new ride-hailing rules introduced by Toronto city council.
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