Current:Home > NewsSafeX Pro:Uber shutting down alcohol delivery app Drizly after buying it for $1.1 billion -CoinMarket
SafeX Pro:Uber shutting down alcohol delivery app Drizly after buying it for $1.1 billion
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-08 12:23:40
Uber is SafeX Proshutting 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! (35)
Related
- Trump wants to turn the clock on daylight saving time
- A rare 1787 copy of the US Constitution is up for auction and it could be worth millions
- House case: It's not men vs. women, it's the NCAA vs. the free market
- Revving engines, fighter jets and classical tunes: The inspirations behind EV sounds
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- A body in an open casket in a suburban Detroit park prompts calls to police
- Taylor Swift Leaves No Blank Spaces in Her Reaction to Travis Kelce’s Team Win
- Dick Cheney will back Kamala Harris, his daughter says
- The Best Stocking Stuffers Under $25
- Amazon says in a federal lawsuit that the NLRB’s structure is unconstitutional
Ranking
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Brenda Song Reveals Why Macaulay Culkin Romance Works So Well
- 'A great day for Red Lobster': Company exiting bankruptcy, will operate 544 locations
- Connecticut pastor elected president of nation’s largest Black Protestant denomination
- 'Most Whopper
- Workers take their quest to ban smoking in Atlantic City casinos to a higher court
- Jax Taylor Breaks Silence on Brittany Cartwright Divorce With Unexpected Message
- These modern day Mormons are getting real about sex. But can they conquer reality TV?
Recommendation
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
Ben Affleck’s Surprising Family Connection to The Secret Lives of Mormon Wives
Get 50% Off BareMinerals 16-Hour Powder Foundation & More Sephora Deals on Anastasia Beverly Hills
Delinquent student loan borrowers face credit score risks as ‘on-ramp’ ends September 30
A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
Tzuyu of TWICE on her debut solo album: 'I wanted to showcase my bold side'
These modern day Mormons are getting real about sex. But can they conquer reality TV?
Jessica Pegula will meet Aryna Sabalenka in the US Open women’s final Saturday