Current:Home > ContactUber shutting down alcohol delivery app Drizly after buying it for $1.1 billion -Legacy Profit Partners
Uber shutting down alcohol delivery app Drizly after buying it for $1.1 billion
View
Date:2025-04-15 15:29:19
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! (934)
Related
- The White House is cracking down on overdraft fees
- A new Spanish law strengthens animal rights but exempts bullfights and hunting with dogs
- GameStop appoints Chewy founder Ryan Cohen as chief executive
- GOP senators sharply question Pentagon nominee about Biden administration’s foreign policies
- A South Texas lawmaker’s 15
- ‘It’s hell out here’: Why one teacher’s bold admission opened a floodgate
- Trump says Mar-a-Lago is worth $1.8 billion. Not long ago, his own company thought that was over $1.7 billion too high.
- A North Carolina woman was killed and left along the highway. 33 years later, she's been IDed
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- AP Week in Pictures: Asia
Ranking
- New data highlights 'achievement gap' for students in the US
- 2 bodies found in search for pilot instructor and student in Kentucky plane crash
- Meet Golden Bachelor Gerry Turner's First Impression Rose Winner
- The Ryder Cup is finally here. US skipper Zach Johnson says it’s time to let the thoroughbreds loose
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- British Museum asks public to help recover stolen gems and jewelry
- AP Week in Pictures: Latin America and Caribbean
- Canelo Álvarez can 'control his hand 100%' ahead of Jermell Charlo battle of undisputeds
Recommendation
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
After pharmacists walk out, CVS vows to improve working conditions
Team USA & Team Europe announce golfer pairings for Day 1 of Ryder Cup 2023
Slovakia election pits a pro-Russia former prime minister against a liberal pro-West newcomer
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
Truck gets wedged in tunnel between Manhattan and Brooklyn after ignoring warnings
Trump won’t try to move Georgia case to federal court after judge rejected similar bid by Meadows
Higher gas prices lift Fed’s preferred inflation gauge but underlying price pressures remain mild