Current:Home > InvestUber shutting down alcohol delivery app Drizly after buying it for $1.1 billion -TradeGrid
Uber shutting down alcohol delivery app Drizly after buying it for $1.1 billion
View
Date:2025-04-25 00:11:30
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! (712)
Related
- Grammy nominee Teddy Swims on love, growth and embracing change
- Mark Estes and the Montana Boyz Will Be “Looking for Love” in New Show After Kristin Cavallari Split
- Garth Brooks Speaks Out on Rape Allegation From His and Trisha Yearwood's Makeup Artist
- Caitlin Clark wins WNBA Rookie of the Year after historic debut with Fever
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Indiana Fever star Caitlin Clark a near-unanimous choice as WNBA’s Rookie of the Year
- 'Nation has your back,' President Biden says to Hurricane Helene victims | The Excerpt
- SEC, Big Ten moving closer to taking their college football ball home and making billions
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Eminem's daughter Hailie Jade reveals pregnancy in 'Temporary' music video
Ranking
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- A deadly hurricane is the latest disruption for young athletes who already have endured a pandemic
- Amazon hiring 250,000 seasonal workers before holiday season: What to know about roles, pay
- Sarah Paulson Reveals Whether She Gets Advice From Holland Taylor—And Her Answer Is Priceless
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Jurors in trial of Salman Rushdie’s attacker likely won’t hear about his motive
- Newsom wants a do-over on the lemon car law he just signed. Will it hurt buyers?
- Greening of Antarctica is Another Sign of Significant Climate Shift on the Frozen Continent
Recommendation
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Subway rider shot in the head by police files claim accusing officers of recklessly opening fire
Dockworkers’ union suspends strike until Jan. 15 to allow time to negotiate new contract
The Latest: Harris to visit Michigan while Trump heads to Georgia
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Alleged Kim Porter memoir pulled from Amazon after children slam book
Newsom wants a do-over on the lemon car law he just signed. Will it hurt buyers?
Ohio girl concedes cutting off tanker that spilled chemical last year in Illinois, killing 5