Current:Home > ScamsUber shutting down alcohol delivery app Drizly after buying it for $1.1 billion -Pinnacle Profit Strategies
Uber shutting down alcohol delivery app Drizly after buying it for $1.1 billion
View
Date:2025-04-14 07:28:17
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
- Retirement planning: 3 crucial moves everyone should make before 2025
- Why Kim Cattrall Says Getting Botox and Fillers Isn't a Vanity Thing
- Helping endangered sea turtles, by air
- Native American Tribe Gets Federal Funds to Flee Rising Seas
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Wisconsin Tribe Votes to Evict Oil Pipeline From Its Reservation
- How Solar Panels on a Church Rooftop Broke the Law in N.C.
- Minorities Targeted with Misinformation on Obama’s Clean Power Plan, Groups Say
- A White House order claims to end 'censorship.' What does that mean?
- AEP Cancels Nation’s Largest Wind Farm: 3 Challenges Wind Catcher Faced
Ranking
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Heather Rae El Moussa Claps Back at Critics Accusing Her of Favoring Son Tristan Over Stepkids
- Dakota Pipeline Fight Is Sioux Tribe’s Cry For Justice
- Michigan Tribe Aims to Block Enbridge Pipeline Spill Settlement
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- New York Assembly Approves Climate Bill That Would Cut Emissions to Zero
- 4 dead after small plane crashes near South Carolina golf course
- Police Treating Dakota Access Protesters ‘Like an Enemy on the Battlefield,’ Groups Say
Recommendation
Meta donates $1 million to Trump’s inauguration fund
No major flight disruptions from new 5G wireless signals around airports
Vanderpump Rules Reunion: Tom Sandoval and Raquel Leviss Confess They’re Still in Love
Lala Kent Reacts to Raquel Leviss' Tearful Confession on Vanderpump Rules Reunion
Grammy nominee Teddy Swims on love, growth and embracing change
Man recently released from Florida prison confesses to killing pregnant mother and her 6-year-old in 2002
Women face age bias at work no matter how old they are: No right age
How Much Damage are Trump’s Solar Tariffs Doing to the U.S. Industry?