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Uber Pays $1.1 Billion For Beer, Wine & Alcohol Delivery Group Drizly TheStreet 2/2/2021 © TheStreet Uber Pays $1.1 Billion For Beer, Wine & Alcohol Delivery Group Drizly
Uber Technologies Inc. said Tuesday that is has agreed to a $1.1 billion takeover of beer and wine delivery service Drizly as it continues to focus on turning a bottom line profit in 2021.
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Uber said the cash-and-stock deal will see Drizly and its 1,400 U.S. locations blended into its Uber Eats division, but will remain accessible to customers through the Drizly app. Wherever you want to go and whatever you need to get, our goal at Uber is to make people s lives a little bit easier. That s why we ve been branching into new categories like groceries, prescriptions and, now, alcohol, said Uber CEO Dara Khosrowshahi. Cory (Rellas) and his amazing team have built Drizly into an incredible success story, profitably growing gross bookings more than 300 percent year-over-year.
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