Uber IPO could put company value at $120 billion

Uber eyes bid for Expedia: reports

SAN FRANCISCO — Uber is eyeing a bid for Expedia, according to reports.

Consumer news sites including the Financial Times, CNBC and Bloomberg say Uber – the US$172 billion company that started with ride-hailing in 2009 and then expanded to food delivery, courier services and more – has not officially confirmed the reports.

Talks are said to be in preliminary stages.

Uber CEO Dara Khosrowshahi was CEO of Expedia from 2005 to 2017 and is also a non-executive member of Expedia’s board of directors.

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