financeSkift··1 min·For: Owner, GM, Revenue, Investor
Expedia Eyes $350 Million Acquisition of CarTrawler
Expedia Group is in advanced discussions to acquire CarTrawler, an Irish B2B ground-transportation platform, for approximately $350 million. The move is part of a broader strategy to expand Expedia's B2B unit despite potential short-term pressure on profit margins.
Key Takeaways
- 1Monitor Expedia's potential $350 million acquisition of CarTrawler to bolster its B2B ground-transportation capabilities.
- 2Expect a short-term pressure on Expedia's margins as the company prioritizes aggressive investments in its B2B unit.
- 3Evaluate how expanded car-rental and ground-transportation integrations within Expedia's ecosystem may impact cross-selling opportunities for hotel partners.
Source: Skift
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