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February 03, 2021
In just 9 years, Drizly turned its alcohol-delivery business from a startup into a 1,400-city giant built on a model that follows all local laws a necessity with the thicket of state regulations in the U.S.
On Tuesday it agreed to be purchased by Uber for $1.1 billion 90 percent in stock, and the rest in cash. It s an interesting cultural fit because Uber has built its business into a global colossus by flouting local laws whenever they are inconvenient.
The deal does immediately give Drizly global reach, but it also raises questions about whether compliance will still be important to it.