Uber reportedly considers acquiring Expedia as part of its strategy to become a "super-app".
Uber is reportedly considering a bid for travel booking platform Expedia as part of its strategy to evolve into a "super-app." CEO Dara Khosrowshahi, a former Expedia executive, has ties to the company, enhancing the acquisition's feasibility. While no formal negotiations have begun, Uber's interest could significantly broaden its service offerings. Following the news, Expedia's stock rose 7.2%, while Uber's fell 2.7%.
October 17, 2024
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