Current:Home > NewsUber shutting down alcohol delivery app Drizly after buying it for $1.1 billion -TrueNorth Finance Path
Uber shutting down alcohol delivery app Drizly after buying it for $1.1 billion
View
Date:2025-04-13 05:51:45
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! (7)
Related
- Woman dies after Singapore family of 3 gets into accident in Taiwan
- Severe solar storm could stress power grids even more as US deals with major back-to-back hurricanes
- This weatherman cried on air talking about Hurricane Milton. Why it matters.
- Small plane crashes on Catalina Island, 5 people dead
- Trump invites nearly all federal workers to quit now, get paid through September
- Feeling stressed about the election? Here’s what some are doing and what they say you can do too
- Unmissable Prime Day Makeup Deals With Prices You Can’t Afford to Skip: Too Faced, Urban Decay & More
- Ed Wheeler, Law & Order Actor, Dead at 88
- Average rate on 30
- 'Saturday Night' review: Throwback comedy recaptures fabulous buzz of the first 'SNL'
Ranking
- Global Warming Set the Stage for Los Angeles Fires
- Johnny Manziel surprises Diego Pavia; says Vanderbilt's upset of Alabama 'feels like 2012'
- With new look, the 'Mountain' is back in new Mountain Dew logo
- 'Out of harm's way': Dozens of Florida Waffle Houses close ahead of Hurricane Milton
- In ‘Nickel Boys,’ striving for a new way to see
- Dylan Guenther scores first goal in Utah Hockey Club history
- Al Roker reveals when he learned of Hoda Kotb's 'Today' exit, reflects on life as a grandfather
- October Prime Day 2024: Score Up to 76% Off Top Earbuds & Headphones from Apple, Beats, Sony, Bose & More
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Patrick says Texas Legislature will review Deloitte’s contracts after public loan project scandal
Record-Breaking Heat Waves Add to Risks for Western Monarchs
Sophia Bush and Ashlyn Harris Enjoy Date Night at Glamour’s Women of the Year Ceremony
Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
The Daily Money: Lawmakers target shrinkflation
A plane crashes on Catalina Island off Southern California coast
Padres outlast Dodgers in raucous Game 3, leaving LA on verge of another October exit