Lyft Expands Global Presence with New Toronto Tech Hub, Canadian Growth Strategy
Lyft is establishing a major technology hub in downtown Toronto, positioning the city as its second-largest tech center globally. The expansion comes as the company reports strong Canadian ridership growth and continues its international acquisition strategy. This move represents Lyft’s broader push to diversify beyond its core U.S. market.
Lyft’s Strategic Canadian Expansion
Ride-sharing giant Lyft has announced plans to open a significant new technology hub in downtown Toronto during the second half of 2025, according to company reports released Thursday. Sources indicate this will become Lyft’s second-largest technology center worldwide, trailing only its San Francisco headquarters in scale and importance.