Lyft announces plan to launch in Toronto in December

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

The ride-hailing war between Uber and Lyft is moving global for the first time, with Lyft soon offering rides in Toronto, its expansion outside the US.

'Before you know it, Lyft will be coming to you live in Toronto, ' the company said in a blogpost, without giving a launch date.

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

Lyft is in 300-odd cities across the U.S. but has so far shied away from taking on its biggest rival elsewhere, and other upstarts outside its home market.

Last week, Lyft's rival Uber revealed competition between the two firms is driving losses in the US.

On Thursday, he described progress in talks with regulators in London, who in September refused to renew Uber's operating license. It has partnerships with Ford and General Motors, as well as global ride-hailing apps, such as India's Ola.

Lyft announced last month a $1 billion investment led by the venture arm of Google parent Alphabet, to help ramp up its challenge to market leader Uber.

Toronto city council introduced rules to allow the service to operate legally a year ago. The company says it is now worth $11bn.

In Britain and Brazil, prospects are brightening.

Khosrowshahi was also upbeat about Brazil, where Uber has joined forces with other ride-services companies to block regulations.

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