Uber's Big Travel Move: Talking About Buying Expedia

Imagine Uber, the ride-hailing giant, making a big splash in the travel world. That's right, they've been chatting about buying Expedia, a company worth a whopping $20 billion! This deal could take Uber beyond cars and food delivery, opening up a whole new world of flights, hotels, and activities. But don't get too excited just yet, because these talks are still in the early stages and nothing is set in stone. Uber's CEO, Dara Khosrowshahi, knows Expedia well - he used to be their boss! In fact, he's still on their board. Expedia is a big deal, with websites like Hotels.com and Vrbo under its belt. They made a massive $28.8 billion in bookings in just one quarter! Experts think this could be a big win for Uber. Dan Ives from Wedbush Securities says it's like a "major strategic home run." He thinks Uber is looking for new ways to make money and this could be a step towards becoming a "super app." The news got Expedia's shares jumping, up by more than 6% on Thursday. But Uber didn't have much to say about it all when asked.

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