Lyft expands to Toronto, moving beyond USA for the first time

Dara Khosrowshahi made the comments at the New York Times Deal Book conference in New York

Competition coming for Uber as Lyft expands to Toronto

Toronto Lyft riders will be able to enjoy the new service before the year's end.

In an email sent to CP24, Lyft spokesperson Daniel Moulton said the expansion will be bringing a "new affordable transportation option" to Toronto consumers.

"We've been a business for five year and have been focused entirely on the United States, so we were very deliberate when making a decision to launch in Toronto as our first global market ..." "We've had incredible interest from both drivers and passengers in Toronto".

In an effort to entice drivers, Lyft is offering a 25 percent bonus for the first 3,000 drivers who are approved and who complete 20 rides a week during the company's first three months of operation in Toronto.

Previously, Lyft operated internationally through partnerships with local ride-sharing companies, like Grab in Southeast Asia and Didi in China. We see it as a world-class city. Uber, by comparison, was in more than 450 cities across the globe at the time.

In September, the province announced it would renew a pilot project agreement for one more year, but added new provisions that included 35 hours of mandatory training, police background checks and a vehicle inspection every year.

The ride-hailing service says it's recruiting drivers starting Monday in Canada's largest city and expects to begin service sometime in December.

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