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 which reported its highest-ever annual revenue in 2023, will be the company’s biggest acquisition, if the deal does indeed push through. The Times says it’s very early days, however, and Uber hasn’t even made a formal offer for the travel company yet. It’s still in the process of studying the implications of acquiring Expedia and has, over the past months, worked with advisers to figure out whether the
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