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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.
Uber CEO Dara Khosrowshahi Mulls Acquiring the Company He Formerly Led for 12 Years Before taking the helm of Uber in 2017, Khosrowshahi was CEO of Expedia for 12 years.
It may just be speculation, but if Uber were to buy Expedia, it would be one of the biggest shakeups the travel industry has seen in years.
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 ...
Shares of Expedia Group Inc. rallied after the Financial Times on Wednesday reported that ride-hailing giant Uber Technologies Inc. had weighed a possible purchase of the travel-booking platform ...
Expedia stock jumped as much as 7% on Thursday, while Uber tumbled up to 3%, following a report the ride-hailing giant recently explored a takeover of the travel group.
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 ...
Shares of Expedia Group Inc. jumped more than 7% in after-hours trading Wednesday after the Financial Times reported Uber Technologies Inc. was considering a bid to buy the online travel company ...
Uber is reportedly exploring the idea of purchasing Expedia, one of the largest travel booking companies in the world, according to the Financial Times. Expedia, which is valued at $20 billion and ...
Uber considers possible takeover of Expedia to diversify business. Talks with advisers ongoing. Financial Times report.
Shares of Expedia Group Inc. rallied after the Financial Times on Wednesday reported that ride-hailing giant Uber Technologies Inc. had weighed a possible purchase of the travel-booking platform ...
To grow Expedia, they said, Uber would have to invest in it, making for a potentially costly "risk of distraction" and leaving less room for stock buybacks.
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