Uber Explores Potential $20 Billion Acquisition of Expedia

The ride-hailing giant considers a move to expand its services into travel booking, aiming to create a comprehensive 'super app'.

Uber's discussions about acquiring Expedia are in preliminary stages, with no formal offer made yet.
The acquisition would be Uber's largest to date, aligning with its strategy to diversify beyond ride-hailing.
Uber CEO Dara Khosrowshahi, a former Expedia CEO, remains a non-executive board member of the travel company.
Expedia shares rose significantly following the news, while Uber's stock saw a slight decline.
Analysts suggest the merger could significantly bolster Uber's ambitions to become a multi-service platform.