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Mar 2021 Issueof Wine Business Monthly
Uber to Acquire Drizly Uber announced it is acquiring Drizly for $1.1 billion in stock and cash. Drizly is the leading on-demand alcohol marketplace in the U.S., operating in more than 1,400 cities. Drizly will be a subsidiary of Uber. Drizly’s marketplace will eventually be integrated with the Uber Eats app while maintaining a separate Drizly app. Uber’s acquisition of Drizly will create more competition in ecommerce, pressure for rivals, and scrutiny from regulators. It’s ...
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