Uber cuts off Drizly, the alcohol delivery app it bought for $1.1 billion three years ago
Uber is shutting down alcohol delivery app Drizly, the company confirmed this week, just under three years after acquiring the platform for $1.1 billion
By WYATTE GRANTHAM-PHILIPS
Published - Jan 16, 2024, 11:54 AM ET
Last Updated - Jan 16, 2024, 11:54 AM EST
NEW YORK (AP) — Uber is shutting down alcohol delivery app Drizly, the company confirmed, three years after acquiring the platform for $1.1 billion.
Drizly will officially shut down at the end of March, Uber told The Associated Press. That means orders are open until then, Drizly said in details posted on X, the platform formerly known as Twitter.
“We’ll be sure to let you know when it’s last call,” Drizly wrote in a post Monday.
In a prepared statement, Uber’s senior vice president of delivery Pierre Dimitri Gore-Coty said that the company decided to close Drizly's business and “focus on our core Uber Eats strategy of helping consumers get almost anything — from food to groceries to alcohol — all on a single app.”