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Posted on 2984 Uber Technologies, Inc. (NYSE: UBER) and Drizly reported an agreement where Uber will acquire Drizly for USD 1.1 Billion in stock and cash. Drizly is an on-demand alcohol marketplace within the United Startes that is available and fully compliant with local regulations in over 1,400 cities across the United States. The company works with thousands of local merchants to provide consumers with selection of beer, wine and spirits. After the acquisition, Drizly will become a wholly owned subsidiary of Uber as its marketplace will be integrated with the Uber Eats app while it maintains a separate Drizly app. Drizly will utilize this opportunity to innovate and expand with access to the mobile marketplace technologies of the Uber and Uber Eats app. ....