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February 3, 2021 10:58 am GMT

Uber To Acquire Alcohol Delivery Platform Drizly For $1.1 Billion

Ride-hailing giant Uber has agreed to acquire Boston-based on-demand alcohol delivery platform Drizly for $1.1 billion. More than 90-percent of the purchase will be made through Uber stock. The company will pay the remaining balance to Drizly stakeholders in cash. The two companies expect the deal to close in the first half of the year. [...]

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The post Uber To Acquire Alcohol Delivery Platform Drizly For $1.1 Billion appeared first on Android Headlines.


Original Link: https://www.androidheadlines.com/2021/02/uber-acquire-alcohol-delivery-platform-drizly.html

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