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Uber has discussed a bid for travel booking company Expedia - TL;DR CNBC

Uber has discussed a bid for travel booking company Expedia

Publishing timestamp: 2024-10-17 13:30:24


Summary

Uber has discussed a potential acquisition of travel booking company Expedia, which could push the ride-hailing company into new markets beyond car travel and food delivery. Talks are in early stages and it's unclear if a deal will take place. Expedia is familiar territory for Uber CEO Dara Khosrowshahi, who previously served as CEO of the travel group. Acquisition of Expedia could be a major strategic move for Uber, according to analysts.


Sentiment: NEUTRAL

Tickers: UBER,  EXPE, 

Keywords: technology,  expedia group inc,  uber technologies inc,  enterprise,  internet,  business news,  travel,  breaking news: technology, 

Source: https://www.cnbc.com/2024/10/17/uber-discussed-a-bid-for-travel-booking-company-expedia.html


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