Current:Home > NewsUber shutting down alcohol delivery app Drizly after buying it for $1.1 billion -TrueNorth Capital Hub
Uber shutting down alcohol delivery app Drizly after buying it for $1.1 billion
Burley Garcia View
Date:2025-04-06 07:59:38
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! (41)
Related
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- New Mexico governor says two years after Roe was overturned that there are more abortions happening because more women are at risk
- Man dies after being struck by roller coaster in restricted area of Ohio theme park
- 'Coney Island stew': Mermaid Parade kicks off summer by embracing the weird
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Q&A: What’s in the Water of Alaska’s Rusting Rivers, and What’s Climate Change Got to Do With it?
- Mining the Sun: Some in the Wyoming Epicenter of the Coal Industry Hope to Sustain Its Economy With Renewables
- Groundbreaking for new structure replacing Pittsburgh synagogue targeted in 2018 mass shooting
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- The New Stanley Tumbler Heat Wave Collection Brings the Summer Vibes With Bold, Vibrant Colors
Ranking
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- What's the best temperature to set AC during a heat wave?
- Man dies after being struck by roller coaster in restricted area of Ohio theme park
- ‘Everything is at stake’ for reproductive rights in 2024, Harris says as Biden-Trump debate nears
- Former longtime South Carolina congressman John Spratt dies at 82
- 3 Alabama men die after becoming distressed while swimming at Florida beach
- Man accused of 'deliberately' trying to drown his two children at Connecticut beach: police
- College World Series 2024: How to watch Tennessee vs. Texas A&M game Saturday
Recommendation
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
New Mexico governor says two years after Roe was overturned that there are more abortions happening because more women are at risk
Former first lady Melania Trump stays out of the public eye as Donald Trump runs for president
Hawaii Five-0 actor Taylor Wily dead at 56
Pressure on a veteran and senator shows what’s next for those who oppose Trump
Taylor Wily, 'Hawaii Five-0' and 'Forgetting Sarah Marshall' actor, dies at 56
Joe Burrow walks runway at Vogue World Paris, gets out of his comfort zone
Yes, carrots are good for you. But there is one downside of overconsumption.