Current:Home > reviewsUber shutting down alcohol delivery app Drizly after buying it for $1.1 billion -Global Finance Compass
Uber shutting down alcohol delivery app Drizly after buying it for $1.1 billion
View
Date:2025-04-22 13:05:58
Uber is shutting down the alcohol delivery service Drizly just three years after it was acquired for $1.1 billion, the company has announced.
Drizly, which was acquired by Uber in 2021, announced on social media Monday that its services will be shutting down, with orders for alcohol delivery taken through the end of March.
The company boasted a large selection of beer, wine and liquor, which could be ordered from local retailers through the app and delivered to homes in states and cities where alcohol delivery was legal.
Drizly operated as a standalone app, but it will be integrated into its parent company's food delivery app, Uber Eats, which also offers alcohol, food from restaurants and grocery deliveries.
In a statement to Axios, which first reported on Drizly's closure, Pierre-Dimitri Gore-Coty, Uber's SVP of delivery, said it was time to "focus on our core Uber Eats strategy of helping consumers get almost anything − from food to groceries to alcohol − all on a single app."
"We're grateful to the Drizly team for their many contributions to the growth of the BevAlc delivery category as the original industry pioneer," Gore-Coty added in the statement.
Drizly is not the only delivery brand that Uber acquired. It launched its own food delivery competitor Uber Eats in 2015, then acquired Postmates in 2020, which also delivers food, alcohol and groceries.
veryGood! (85686)
Related
- Meta releases AI model to enhance Metaverse experience
- Luke Combs, Post Malone announced as 2024 IndyCar Race Weekend performers
- Body found in Kentucky lake by fishermen in 1999 identified as fugitive wanted by FBI
- Justice Sandra Day O'Connor honored as an American pioneer at funeral
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- How to help foreign-born employees improve their English skills? Ask HR
- More than 2,000 mine workers extend underground protest into second day in South Africa
- North Carolina’s 2024 election maps are racially biased, advocates say in lawsuit
- John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
- MLB mock draft 2024: Who will Cleveland Guardians take with No. 1 overall pick?
Ranking
- Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
- Want to buy an EV? Now is a good time. You can still get the full tax credit and selection
- More than 2,000 mine workers extend underground protest into second day in South Africa
- 'I don't think we're all committed enough': Jalen Hurts laments Eagles' third loss in a row
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Recalled applesauce pouches now linked to more than 200 lead poisoning cases in 33 states, CDC says
- ACLU of Montana challenges law defining the word ‘sex’ in state code as only male or female
- Proof Rihanna Already Has Baby No. 3 on the Brain Months After Welcoming Son Riot
Recommendation
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Cause remains unclear for Arizona house fire that left 5 people dead including 3 young children
Detroit officer accused of punching 71-year-old man is charged with manslaughter following his death
Victoria Beckham's Intimate Video of David Beckham's Workout Will Make You Sweat
The White House is cracking down on overdraft fees
Power outage maps: Over 500,000 customers without power in Maine, Massachusetts
Some of the biggest stars in MLB can't compete with the fame of their furry friends
Why Sydney Sweeney Wanted a Boob Job in High School