Current:Home > MarketsUber shutting down alcohol delivery app Drizly after buying it for $1.1 billion -AssetVision
Uber shutting down alcohol delivery app Drizly after buying it for $1.1 billion
View
Date:2025-04-17 08:42:00
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! (57)
Related
- Global Warming Set the Stage for Los Angeles Fires
- Michael Imperioli says he forbids bigots and homophobes from watching his work after Supreme Court ruling
- Warm Arctic, Cold Continents? It Sounds Counterintuitive, but Research Suggests it’s a Thing
- The BET Award Nominations 2023 Are Finally Here: See the Full List
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Michael Imperioli says he forbids bigots and homophobes from watching his work after Supreme Court ruling
- Why Hailey Bieber Says Her Viral Glazed Donut Skin Will Never Go Out of Style
- Warming Trends: The ‘Cranky Uncle’ Game, Good News About Bowheads and Steps to a Speedier Energy Transition
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Man in bulletproof vest fatally shoots 5, injures 2 in Philadelphia; suspect in custody
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Top Oil Industry Group Disputes African-American Health Study, Cites Genetics
- U.S. Suspends More Oil and Gas Leases Over What Could Be a Widespread Problem
- Sarah-Jade Bleau Shares the One Long-Lasting Lipstick That Everyone Needs in Their Bag
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Man slips at Rocky Mountain waterfall, is pulled underwater and dies
- When Autumn Leaves Begin to Fall: As the Climate Warms, Leaves on Some Trees are Dying Earlier
- Activists sue Harvard over legacy admissions after affirmative action ruling
Recommendation
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
Elliot Page, Dylan Mulvaney and More Transgender Stars Who've Opened Up About Their Journeys
Entourage's Adrian Grenier Welcomes First Baby With Wife Jordan
Kim Zolciak Won't Be Tardy to Drop Biermann From Her Instagram Name
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
Alligator attacks and kills woman who was walking her dog in South Carolina
Proposed rule on PFAS forever chemicals could cost companies $1 billion, but health experts say it still falls short
Kendall Jenner and Bad Bunny’s Matching Moment Is So Good