Lyft starts Canada service in first international foray

Facebook to book advertising revenue locally amid political pressure
December 12, 2017
Twitter to let users make tweet threads more easily
December 12, 2017
This post was originally published on this site

(Reuters) – U.S. ride-hailing firm Lyft Inc on Tuesday launched its service in Toronto, the first international market for the rival of much larger Uber Technologies Inc [UBER.UL].

FILE PHOTO: An illuminated sign appears in a Lyft ride-hailing car in Los Angeles, California, U.S. September 21, 2017. REUTERS/Chris Helgren/File Phot

Lyft is moving outside the United States as Uber faces investigations by governments around the world over its cover up of a massive 2016 data breach.

Lyft raised $1 billion in October, in a financing round led by CapitalG, the growth investment fund of Alphabet Inc and in September hired an initial public offering advisory firm.

Reporting by Alastair Sharp in Toronto; Editing by Jim Finkle and Susan Thomas

Our Standards:The Thomson Reuters Trust Principles.