Lyft starts Canada service in first international foray

TransportationReuters

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 .

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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.

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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.

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