Expedia stock jumps on report that Uber explored a takeover of the travel platform [Yahoo! Finance Canada]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: Yahoo! Finance Canada
Uber spoke with advisors about a potential takeover in recent months, The Financial Times reported. The ride-hailing company wants to become a "super app" offering much more than trips and food. Expedia stock jumped as much as 7% on Thursday, while Uber tumbled up to 3%, following a report the ride-hailing giant recently explored a takeover of the travel group. Uber met with advisors in recent months to discuss whether an Expedia acquisition would be feasible and how it might be structured, The Financial Times reported late Wednesday, citing three sources familiar with the talks. A third party raised the idea of buying Expedia to Uber, sources told the FT, adding that merger talks were nascent and a deal might not materialize. One source told the newspaper that Uber hasn't formally approached Expedia, and there were no ongoing discussions between the two companies. Expedia , which owns the eponymous travel-booking website as well as Hotels.com and Vrbo, would be Uber's bigg
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UBER
News
- Expedia stock jumps on report that Uber explored a takeover of the travel platform [Yahoo! Finance]Yahoo! Finance
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- Uber Technologies, Inc. (NYSE: UBER) had its "buy" rating re-affirmed by analysts at DA Davidson. They now have a $82.00 price target on the stock.MarketBeat
- Instacart hires Uber Delivery head of engineering as chief technology officer [Yahoo! Finance]Yahoo! Finance
- Uber Eyes Bold $20 Billion Expedia Takeover--A Game-Changing Move for the Travel Industry [Yahoo! Finance Canada]Yahoo! Finance Canada
UBER
Earnings
- 8/6/24 - Beat
UBER
Sec Filings
- 10/15/24 - Form 4
- 10/15/24 - Form 4
- 9/27/24 - Form 8-K
- UBER's page on the SEC website