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.

Targets
Drizly Inc.
Sellers
Drizly stockholders
Industry
E-Commerce
Location
Massachusetts, United States
Transaction Type
Buyout

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