Uber is Exploring an Acquisition of Expedia 🚗✈️

What we’re showing

This graphic shows key information regarding Uber's potential acquisition of Expedia. Market cap data is as of Oct. 17, 2024.

Key takeaway

After an impressive resurgence in 2023, Uber is looking to build on its momentum with a potential acquisition of Expedia (Note: Uber shares have rallied by more than 80% over the past 12 months).

If this merger were to happen, Uber’s portfolio of services would be greatly expanded, covering nearly everything related to tourism and transportation.

Dan Ives, Wedbush Securities managing partner, said in a talk with CNBC that the acquisition would be a “major strategic home run” for Uber. 

Uber's CEO has a history with Expedia

Uber's current CEO of 7 years, Dara Khosrowshahi, was formerly the CEO of Expedia from 2005 to 2017. His inside knowledge of Expedia's operations is likely a major factor in this potential acquisition.

In previous interviews, Khosrowshahi has stated his intent of turning Uber into an all-encompassing "super app".

"Anywhere that you want to go in your city and anything that you want to get, we want to empower you to do so."

- Dara Khosrowshahi