Current:Home > MarketsUber shutting down alcohol delivery app Drizly after buying it for $1.1 billion -Trailblazer Capital Learning
Uber shutting down alcohol delivery app Drizly after buying it for $1.1 billion
View
Date:2025-04-13 11:39:14
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! (88)
Related
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- TikTokers Alexandra Madison and Jon Bouffard Share Miscarriage of Baby Boy
- Climate activists arrested for spray-painting private jets orange at London airport
- Prince William jumps for joy in birthday photo shot by Princess Kate
- Taylor Swift Eras Archive site launches on singer's 35th birthday. What is it?
- Bodies of Air Force colonel and Utah man are recovered after their plane crashed in an Alaska lake
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Straight A's
- Tax cuts, teacher raises and a few social issues in South Carolina budget compromise
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Prince William jumps for joy in birthday photo shot by Princess Kate
Ranking
- South Korean president's party divided over defiant martial law speech
- The Daily Money: Which candidate is better for the economy?
- Be in a biker gang with Tom Hardy? Heck yeah. 🏍️
- 3 kids 'found safe' after they never returned home from Colorado park, police say
- B.A. Parker is learning the banjo
- UK fans wonder if Taylor Swift will say ‘So long, London’ after Eras Tour
- Amtrak resumes service after disruptions along Northeast corridor amid severe heat wave
- Thunder to trade Josh Giddey to Bulls for Alex Caruso, per report
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
Former mayor of South Dakota town pleads not guilty in triple homicide case
Gene therapy may cure rare diseases. But drugmakers have few incentives, leaving families desperate
When does Sha'Carri Richardson run at US Olympic trials?
Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
Stanley Cup Final Game 6: Panthers vs. Oilers live stream, time, TV channel, odds
580,000 JoyJolt glass coffee mugs recalled over burn and cut risks
Nearly 600,000 portable chargers sold at Costco recalled for overheating, fire concerns