Uber has decided to shutter Drizly, an alcohol delivery service it bought three years ago for $1.1 billion, Axios has learned.
The big picture: Drizly was always a bit of an odd match for Uber, in that it didn't hire or contract its own delivery workers. Instead, Drizly provided backend tech that let local liquor stores provide their own deliveries.
- The bigger issue, however, might have been cybersecurity. Drizly in 2020 confirmed a hack that exposed information on around 2.5 million customers.
- What it didn't say, however, was that the company had been aware of the security flaw for two years without fixing it.
- That information was discovered by the Federal Trade Commission, after Uber's acquisition of Drizly, and led to an FTC order that restricted the types of customer information that Drizly could collect and retain.
Source: https://www.axios.com/2024/01/15/uber-drizly-acquisition-shutters
Apparently I signed up for Drizly at some point in the past (don't recall doing that), as I received an email about Drizly shutting its doors. It's an interesting move by Uber, given how much money they spent on purchasing this company just a couple years ago.







