Expedia

Who is new Uber CEO Dara Khosrowshahi?

 Uber’s search for a replacement for its iconic former co-founder CEO Travis Kalanick looks to have reached its conclusion. Dara Khosrowshahi, the current CEO of Expedia, has been officially offered the job, multiple sources close to the company confirmed to TechCrunch. Unlike higher-profile Uber CEO candidates Meg Whitman of HP and Jeff Immelt of GE, Khosrowshahi is fairly under the radar. Read More

Expedia invests $350M in Traveloka to create Southeast Asia’s newest unicorn

 Expedia is deepening its focus on Southeast Asia after it invested $350 million in Traveloka, an online travel portal based out of Indonesia. A source close to the deal confirmed that the investment values Traveloka at more than $1 billion. That means the startup has joined the likes of Grab, Sea (formerly Garena), Go-Jek and Lazada in the region’s unicorn club. Expedia said it has picked… Read More

Former Expedia Employee Gets 15 Months in Prison for Insider Trading

Jonathan Ly netted $331,000 by stealing confidential information from senior executives' emails.