Current:Home > NewsUber shutting down alcohol delivery app Drizly after buying it for $1.1 billion -ValueMetric
Uber shutting down alcohol delivery app Drizly after buying it for $1.1 billion
View
Date:2025-04-13 21:54:34
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! (36311)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Bomb targeting police assigned for anti-polio campaign kills 6 officers, wounds 10 in NW Pakistan
- North Korea’s Kim turns 40. But there are no public celebrations of his birthday
- Cher denied an immediate conservatorship over son's money
- JoJo Siwa reflects on Candace Cameron Bure feud: 'If I saw her, I would not say hi'
- Iowa’s Christian conservatives follow their faith when voting, and some say it leads them to Trump
- 'Society of the Snow': How to watch Netflix's survival film about doomed Flight 571
- Barack Obama and John Mulaney are among the winners at the Creative Arts Emmy Awards
- British golfer Charley Hull blames injury, not lack of cigarettes, for poor Olympic start
- Taylor Swift makes the whole place shimmer in sparkly green on the Globes red carpet
Ranking
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Atlanta Falcons fire coach Arthur Smith hours after season-ending loss to New Orleans Saints
- A new immigration policy that avoids a dangerous journey is working. But border crossings continue
- Tyre Nichols’ family to gather for vigil 1 year after police brutally beat him
- What polling shows about Minnesota Gov. Tim Walz, Harris’ new running mate
- New Zealand fisherman rescued after floating in ocean for 23 hours, surviving close encounter with shark
- Pope calls for universal ban on surrogacy in global roundup of threats to peace and human dignity
- Some 350,000 people applied for asylum in Germany in 2023, up 51% in a year
Recommendation
Chief beer officer for Yard House: A side gig that comes with a daily swig.
Bills vs. Dolphins Sunday Night Football: Odds, predictions, how to watch, playoff picture
Will TJ Watt play in wild-card game? JJ Watt says Steelers LB has Grade 2 MCL sprain
South Dakota State repeats as FCS champs with 29th consecutive win
Where will Elmo go? HBO moves away from 'Sesame Street'
4 children, 1 man die in West Virginia house fire, officials say
Golden State's Draymond Green back on the practice floor with Warriors after suspension
Jennifer Lopez and Ben Affleck's Date Night at Golden Globes 2024 Will Have You on the Floor