Uber “Doubling Down” on Alcohol Delivery, Buying Drizly for $1.1 Billion

Dear Client:   Uber announced today that it is acquiring bev alc e-commerce platform Drizly for $1.1 billion in stocks and cash (about 90% in stock). Drizly will operate as a wholly owned subsidiary of Uber and its marketplace will be integrated with the Uber Eats app. The company will keep the standalone Drizly app … Continue reading "Uber “Doubling Down” on Alcohol Delivery, Buying Drizly for $1.1 Billion"

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