Lyft announced on October 16, 2025, its plans to open a new technology hub in downtown Toronto in the second half of next year. This facility will become the company's second-largest tech center globally, after its San Francisco headquarters.
The establishment of the Toronto tech hub signifies a strategic investment in research and development and talent acquisition outside the United States. This move underscores Lyft's commitment to international growth, particularly in Canada where it has experienced robust ride volume growth.
This operational milestone is expected to foster innovation and support the development of new features and services for Lyft's platform. Expanding its tech footprint in a key international market can enhance its competitive capabilities and drive future growth.
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