HomeAbout

TL;DR CNBC


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: UBEREXPE

Keywords: technologyexpedia group incuber technologies incenterpriseinternetbusiness newstravelbreaking news: technology

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


Developed by Leo Phan