Current:Home > MarketsUber shutting down alcohol delivery app Drizly after buying it for $1.1 billion -Triumph Financial Guides
Uber shutting down alcohol delivery app Drizly after buying it for $1.1 billion
View
Date:2025-04-11 17:22:41
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! (75)
Related
- Questlove charts 50 years of SNL musical hits (and misses)
- A city proud of its role in facing down hatred confronts a new wave of violence
- DWTS Pro Ezra Sosa Shares Why Partner Anna Delvey Cried in the Bathroom After Premiere
- Brett Favre reveals Parkinson's diagnosis during congressional hearing
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Travis Kelce might have 'enormous' acting career after Ryan Murphy show 'Grotesquerie'
- David Sedaris is flummoxed by this American anomaly: 'It doesn't make sense to me'
- Carly Rae Jepsen is a fiancée! Singer announces engagement to Grammy-winning producer
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Jayden Daniels stats: Commanders QB sets rookie record in MNF upset of Bengals
Ranking
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Hurricane Helene: Tracking impact of potential major hurricane on college football
- Mariska Hargitay Says She Has Secondary Trauma From Law & Order: SVU
- Inmate who was beaten in back of patrol car in Arkansas has filed federal lawsuit
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Judge Judy's Nighttime Activity With Husband Jerry Sheindlin Is Very on Brand
- US appeals court says man can sue Pennsylvania over 26 years of solitary confinement
- O&C Investment Alliance: A Union of Wisdom and Love in Wealth Creation
Recommendation
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
The Ultimatum's Madlyn Ballatori & Colby Kissinger Expecting Baby No. 3
Video game actors’ union calls for strike against ‘League of Legends’
Johnny Cash becomes first musician honored with statue inside US Capitol
US appeals court rejects Nasdaq’s diversity rules for company boards
Johnny Depp Addresses Media Frenzy over His and Amber Heard's Legal Battle
Judge to approve auctions liquidating Alex Jones’ Infowars to help pay Sandy Hook families
Michael Strahan Wants to Replace “Grandpa” Title With This Unique Name