Uber to close Drizly in March
Evercore ISI Senior Managing Director Mark Mahaney shares his outlook on Netflix and Uber stocks. Uber plans to stop operating Dosley. The move, first reported by Axios, comes nearly three years after the ride-hailing giant first moved to acquire the alcohol delivery platform and turn it into a subsidiary. The deal was valued at approximately […]
Uber to shut down booze app Drizly after buying it for $1.1B
Uber is shutting down alcohol delivery app Drizly, just three years after acquiring it for $1.1 billion. The service has grown rapidly during the pandemic, with San Francisco-based Uber inking a multibillion-dollar deal with DryZly in 2021, agreeing to operate it as a standalone app and within the Uber Eats interface. As of now, it […]