Uber pays $1.1 billion for Drizly

On Tuesday, the company announced plans to acquire Drizly, a Boston-based maker of an alcohol delivery app, for about $1.1 billion in cash and stock.

Uber plans to integrate Drizly into its system, allowing Drizly to reach Uber’s customers while Uber, well, lists more alcohol. It’s worth noting that alcohol sales have boomed in the pandemic.




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