Uber to acquire Drizly for $1.1 billion in stock, cash
Drizly maintains separate app, will integrate with Uber Eats app
San Francisco-based Uber Technologies Inc. and Drizly, Boston, announced that they have reached an agreement for Uber to acquire Drizly for approximately $1.1 billion in stock and cash.
Drizly is the leading on-demand alcohol marketplace in the United States, available and designed to be fully compliant with local regulations in more than 1,400 cities across a majority of U.S. states. Drizly works with thousands of local merchants to provide consumers with a vast selection of beer, wine and spirits with competitive, transparent pricing.