Expedia shares soared Thursday morning on news that Uber discussed a bid for the travel booking company that would race the company into a new market, according to reports.

Khosrowshahi has close ties to Expedia. Before joining Uber in 2017, he served as CEO of the travel booking site for 12 years. Before that, he served as chief financial officer of its parent ...

For Expedia, joining forces with Uber could provide access to a vast user base, helping to lower marketing expenses and improve competitiveness against rivals like Booking.com and Airbnb.

Shares of Expedia were up 4% on Thursday. Uber’s stock was down 1.9%. Expedia currently has a market value of $19.6 billion and would represent the biggest acquisition deal ever for Uber.

He's the son of an immigrant family who fled Tehran and the Iranian revolution. He's also the chief executive officer of Uber. He talks about the road to high-tech success, and about unsettling times ...

Expedia stock rose as much as 7% while Uber stock fell up to 3% on Thursday. Uber spoke with advisors about a potential takeover in recent months, The Financial Times reported.

After reports last month said that Uber (UBER) had talked to advisers in recent months about a potential bid for Expedia (EXPE), Expedia Chairman Barry Diller said no deal with Uber (UBER) is ...

Expedia stock surged 6% after reports that Uber is considering acquiring the company in a potential multi-billion-dollar deal. No formal offer yet, but discussions are in early stages, driven by ...

Prior to Gorin, Expedia Group's CEOs were Peter Kern (2020-2024), Mark Okerstrom (2017-2019), and current Uber CEO Dara Khosrowshahi (2005-2017). Diller said an Expedia-Uber merger makes sense "as ...

Why it matters: While Uber's balance sheet and cash-generation profile could arguably support a $20 billion acquisition, we don't see the strategic argument for the hypothetical Expedia takeover.

Expedia currently has a market value of $19.6 billion and would represent the biggest acquisition deal ever for Uber. Dara Khosrowshahi, Uber's chief executive, is also on Expedia's board of ...

The Ratings Game Uber reportedly weighed buying Expedia. Analysts have reservations. ‘We think it would be the furthest step out of Uber’s core area of competency via M&A for the business at ...