Current:Home > NewsUber shutting down alcohol delivery app Drizly after buying it for $1.1 billion -FutureFinance
Uber shutting down alcohol delivery app Drizly after buying it for $1.1 billion
View
Date:2025-04-16 16:00:11
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! (692)
Related
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Save $160 on Beats x Kim Kardashian Headphones—Limited Stock for Prime Day
- North Carolinians Eric Church, Luke Combs on hurricane relief concert: 'Going to be emotional'
- Tesla is unveiling its long-awaited robotaxi amid doubts about the technology it runs on
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Francisco Lindor’s grand slam sends Mets into NLCS with 4-1 win over Phillies in Game 4 of NLDS
- Peter Dodge's final flight: Hurricane scientist gets burial at sea into Milton's eye
- Uber, Lyft drivers fight for higher pay, better protections
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- New evidence emerges in Marilyn Manson case, Los Angeles DA says
Ranking
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Is this the era of narcissism? Watch out for these red flags while dating.
- Jennifer Lopez says divorce from Ben Affleck was 'probably the hardest time of my life'
- Sabrina Ionescu brought back her floater. It’s taken the Liberty to the WNBA Finals
- Federal hiring is about to get the Trump treatment
- 'Love Island USA' star Hannah Smith arrested at Atlanta concert, accused of threatening cop
- Erik Menendez's Attorney Speaks Out on Ryan Murphy's Monsters Show
- Phaedra Parks Slams “Ding-a-Ling” Gene Simmons Over Dancing With the Stars Low Score
Recommendation
Questlove charts 50 years of SNL musical hits (and misses)
Opinion: The quarterback transfer reality: You must win now in big-money college football world
Tennis legend Rafael Nadal announces he will retire after Davis Cup Finals
CBS' handling of contentious 'Mornings' segment with Ta-Nehisi Coates raises new questions
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
Powerball winning numbers for October 9 drawing: Jackpot up to $336 million
This Historic Ship Runs on Coal. Can It Find a New Way Forward?
JoJo Siwa Details Surprising Girlfriend Dakayla Wilson With $30,000 Birthday Trip