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>> All right.>> Lyft driving its business overseas with its first international foray. The ride hailing app launched its service in Toronto, Canada on Tuesday. Toronto Blue Jays pitcher, Marcus Stroman, hailed the first ride there to deliver toys to a local hospital. Reuters reporter Alastair Sharp was there.
>> The expansion outside of the US is a big step for Lyft and obviously puts it squarely into competition with Uber here in Toronto, which has been here for quite some time. Had some early tussles with city officials before regulations were built around its model.>> Lyft is presenting itself as a friendlier version of Uber, which has been in Canada for five years but faces investigations by governments around the world over its cover up of a massive 2016 data breach.
Uber has been criticized for a lax attitude to regulations and accused of trade secret theft.>> We've seen tremendous interest from drivers ahead of launch, and we're definitely very eager to compete on a number of levels to ensure that drivers wanna drive for Lyft. Pay is one of those.
Exceptional service and customer support is another.>> Lyft says more than 50,000 people in Toronto have downloaded the app this year, but aren't saying how many drivers have signed up except that the number was above 100. Uber says it has 32,000 drivers in Toronto who have made at least four trips in the last month and welcomes the competition.
Lyft raised $1 billion in October in a financing round led by CapitalG, the growth investment fund of Google's parent, Alphabet.