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Lyft to Open New Technology Hub in Toronto in H2 of 2026
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Lyft to Open New Technology Hub in Toronto in H2 of 2026
Oct 16, 2025 7:25 AM

10:13 AM EDT, 10/16/2025 (MT Newswires) -- Lyft ( LYFT ) said Thursday it is opening a new technology hub in downtown Toronto in H2 of 2026.

The new Toronto office will be Lyft's ( LYFT ) second North American technology hub and will employ several hundred team members, the ride hailing company said.

Lyft ( LYFT ) also said that rides in Canada have grown over 20% in H1 of 2025 compared with the same period last year.

Shares of the company were up nearly 1% in recent Thursday trading.

Price: 20.17, Change: +0.16, Percent Change: +0.82

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