BOOZE APP, WHAT COULD GO WRONG? –
Feb. 2, 2021 – Drizly will eventually integrate with the company’s Uber Eats app, but it will also maintain its own Drizly app, per the release. Drizly has been called the “Uber for alcohol delivery.”
Feb. 2, 2021 – “By bringing Drizly into the Uber family, we can accelerate that trajectory by exposing Drizly to the Uber audience and expanding its geographic presence into our global footprint in the years ahead,” Uber CEO Dara Khosrowshahi said in the press release.
The deal is expected to finalize by this summer, with more than 90% of the sum being paid to Drizly stockholders in the form of Uber common stock. The deal is “subject to regulatory approval,” per the release.
