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Uber Reportedly Weighed Buying Expedia to Bolster Super App Status
UBERUber(UBER) PYMNTS.com·2024-10-17 10:55

Uber has reportedly considered acquiring Expedia to strengthen its ongoing diversification. That's according to a report Wednesday (Oct. 16) by the Financial Times (FT) which notes that purchasing the $19 billion travel booking website would mark Uber's largest acquisition ever. Sources told the FT that Uber had spoken to advisors about the feasibility of the deal recently after a third party had floated the idea of an Expedia acquisition. The discussions centered in part on Uber CEO Dara Khosrowshahi. He w ...