By WYATTE GRANTHAM-PHILIPS (AP Business Writer)
NEW YORK (AP) — Uber is shutting down alcohol supply app Drizly, the corporate confirmed, three years after buying the platform for $1.1 billion.
Drizly will formally shut down on the finish of March, Uber advised The Associated Press. That means orders are open till then, Drizly mentioned in particulars posted on X, the platform previously referred to as Twitter.
“We’ll be sure to let you know when it’s last call,” Drizly wrote in a put up Monday.
In a ready assertion, Uber’s senior vp of supply Pierre Dimitri Gore-Coty mentioned that the corporate determined to shut Drizly’s enterprise and “focus on our core Uber Eats strategy of helping consumers get almost anything — from food to groceries to alcohol — all on a single app.”
Uber bought Drizly in a cash-and-stock deal again in 2021. The Boston-based subsidiary continued to function as a standalone app, with its market additionally built-in into the Uber Eats platform.
Drizly presently delivers beer, wine and spirits in states the place it’s authorized, and companions with retailers throughout North America.
Regulators accused the alcohol supply app of safety failures a number of years in the past that uncovered private info of some 2.5 million prospects. To resolve these allegations, Drizly later agreed to tighten safety and restrict knowledge assortment.
Axios first reported on Uber’s resolution to shutter Drizly Monday.
In a Tuesday e mail to The AP, Uber mentioned it plans to be taught from Drizly’s time within the trade as the corporate continues to develop its personal “BevAlc” choices, that are presently out there in 35 U.S. states and 25 nations worldwide. The San Francisco firm added that almost all of present Drizly prospects even have Uber accounts.