Tag

Business Acquisition

All articles tagged with #business acquisition

businesstech2 years ago

Uber Closes Drizly Alcohol Delivery Service

Uber is shutting down Drizly, its alcohol delivery service, after three years of operation. The service, which was acquired for $1.1 billion in 2021, faced challenges including a data breach and a settlement for failing to pay drivers tips and sales tax. Despite Drizly's closure, Uber will continue to offer alcohol delivery through its Uber Eats platform.