"Uber Announces Closure of Drizly Alcohol Delivery Service"
Uber is shutting down its alcohol delivery app, Drizly, just three years after acquiring it for $1.1 billion, as part of a push to consolidate its product delivery offerings into Uber Eats. The closure comes as Uber focuses on its core strategy of providing a wide range of delivery services on a single app. The move follows Uber's acquisition of Drizly during a transitional time for the company, as it sought to offset losses in its ridesharing business with gains in its delivery business during the pandemic.