Current:Home > FinanceUber shutting down alcohol delivery app Drizly after buying it for $1.1 billion -MacroWatch
Uber shutting down alcohol delivery app Drizly after buying it for $1.1 billion
View
Date:2025-04-19 15:31:53
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! (6)
Related
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Police unions often defend their own. But not after the Sonya Massey shooting.
- ‘He had everyone fooled': Former FBI agent sentenced to life for child rape in Alabama
- Legislation will provide $100M in emergency aid to victims of wildfires and flooding in New Mexico
- Travis Hunter, the 2
- NBC defends performances of Peyton Manning, Kelly Clarkson on opening ceremony
- A first look at the 2025 Cadillac Escalade
- 26 people taken to hospital after ammonia leak at commercial building in Northern Virginia
- Stamford Road collision sends motorcyclist flying; driver arrested
- Biden’s new Title IX rules are all set to take effect. But not in these states.
Ranking
- Sam Taylor
- Olympic gymnastics live updates: Simone Biles wins gold medal in all-around
- Teen brother of Air Force airman who was killed by Florida deputy is shot to death near Atlanta
- Ballerina Farm Influencer Hannah Neeleman Slams “Attack on Her Family Lifestyle
- B.A. Parker is learning the banjo
- Team USA rowers earn first gold medal in men's four since 1960 Olympics
- Sonya Massey's mother called 911 day before shooting: 'I don't want you guys to hurt her'
- Horoscopes Today, August 1, 2024
Recommendation
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
Wisconsin judge refuses GOP request to pause absentee voting ruling sought by disabled people
Georgia coach Kirby Smart announces dismissal of wide receiver Rara Thomas following arrest
A woman is arrested in vandalism at museum officials’ homes during pro-Palestinian protests
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
Can dogs eat grapes? Know which human foods are safe, toxic for your furry friends.
Average rate on a 30-year mortgage falls to 6.73%, lowest level since early February
Prize money for track & field Olympic gold medalists is 'right thing to do'