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Expedia To Buy Airbnb Rival HomeAway For $3.9 Billion

HomeAway is the third travel brand Expedia has acquired in 2015.

Expedia is set to buy HomeAway, a competitor to Airbnb, for $3.9 billion following a two-year partnership. Unlike Airbnb, which allows people to rent out their homes on a short-term basis, HomeAway focuses on vacation rentals, charging property owners to list their rentals.

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