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Is uber technologies reportedly considering acquiring the travel website expedia to create a "super app"?
In recent years, uber technologies' business scope has expanded from taxi services to train and flight booking, food delivery, corporate logistics, advertising, etc., aiming to transform itself into a "super app" like WeChat. Acquiring expedia and its booking technology will greatly drive uber technologies to achieve its ambition.
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ThirtyOne : I haven’t. I also have never really considered or thought about it. I definitely need to add FedEx and UPS to my list.
MonkeyGee : This is a good one. wish I caught it earlier
SpyderCall OP ThirtyOne : there are a lot of transportation/shipping companies that are solid long-term investment choices. Especially FedEx. When you think about it, transportation companies are like the life blood of a growing economy. I mean, goods and services in an economy must be transported from point A to point B. So following transportation companies are a good gauge into the health of an economy. That is why the dow jones transportation average is a good indicator of the health of the US economy.
SpyderCall OP MonkeyGee : I think there is still more time for this trade to play out.
ThirtyOne SpyderCall OP : I completely agree 100%. Definitely something I will add to my long term accounts at the right time. I’m about to look at these charts now.
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