Uber Acquires Drizly for Approximately $1.1 Billion
October 13, 2021
Uber Technologies, Inc. has completed its acquisition of Drizly, the North American on-demand alcohol marketplace, for roughly $1.1 billion in stock and cash. Drizly will operate as a wholly owned subsidiary and its marketplace will be integrated into the Uber Eats app while maintaining a separate Drizly experience.
- Buyers
- Uber Technologies, Inc.
- Targets
- Drizly Inc.
- Sellers
- Drizly stockholders
- Industry
- E-Commerce
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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