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Uber Buys Alcohol Delivery Startup Drizly for $1.1 Billion

Feb.02 — Drizly Inc. co-founder and CEO Cory Rellas says this was the right time to sell to Uber for $1.1 billion. The deal is Uber’s biggest since July when it bought Postmates, a food delivery app. Rellas speaks with Emily Chang on “Bloomberg Technology.”

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Feb.02 — Drizly Inc. co-founder and CEO Cory Rellas says this was the right time to sell to Uber for $1.1 billion. The deal is Uber’s biggest since July when it bought Postmates, a food delivery app. Rellas speaks with Emily Chang on “Bloomberg Technology.”

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5 Comments

5 Comments

  1. Kenneth Fax

    February 3, 2021 at 12:41 am

    How do you prevent Uber drivers from drinking your liquor?

    ????????????????????????

  2. T

    February 3, 2021 at 12:43 am

    Love Drizly

  3. Sir Derty

    February 3, 2021 at 12:46 am

    This was such a junk app in Oregon, I cannot believe it got bought. Seems like a very serious overhype buy yet again. I bet this is to wash some kind of money. Suspicious deal, for sure, at a overhyped price. It is basically the beer websites but on your phone too. Big deal? And like I said, i used this in 2020 after it came out in Oregon (huge wine and craft beer area) and yet they had high prices and low stock of quality local brands. It was pretty overpriced too. This is a fishy deal, for sure.

  4. Melvin Childs

    February 3, 2021 at 12:59 am

    Pinkdot before all this

  5. Melvin Childs

    February 3, 2021 at 1:01 am

    All bs

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Bloomberg Technology

SK Hynix Starts Trading on Nasdaq, Opens 14% Above Offer Price | Bloomberg Tech 7/10/2026

Ed Ludlow sits down for an interview with SK Group Chairman Chey Tae-won from the Nasdaq to discuss SK Hynix’s US listing, the biggest-ever by a foreign company. Meanwhile, Bloomberg’s David Gura takes a look at SK Hynix shares as they start trading on the Nasdaq, and dives deeper into the listing’s impact on the…

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Ed Ludlow sits down for an interview with SK Group Chairman Chey Tae-won from the Nasdaq to discuss SK Hynix’s US listing, the biggest-ever by a foreign company. Meanwhile, Bloomberg’s David Gura takes a look at SK Hynix shares as they start trading on the Nasdaq, and dives deeper into the listing’s impact on the rest of the US chip sector.
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SK Chairman Chey Tae-won on SK Hynix Debut, AI Demand and US Plans

Chey Tae-won, chairman of SK Hynix parent SK Group, says they waited a long time to list SK Hynix in the US and calls it a “dream come true.” The head of the South Korean chipmaker talks about raising $26.5 billion in the largest-ever US listing by a foreign company and also discusses the outlook…

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Chey Tae-won, chairman of SK Hynix parent SK Group, says they waited a long time to list SK Hynix in the US and calls it a “dream come true.” The head of the South Korean chipmaker talks about raising $26.5 billion in the largest-ever US listing by a foreign company and also discusses the outlook for AI demand and his US investment plans.
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SK Chairman Says He Has ‘Much, Much Bigger’ Plans for US

Chey Tae-won, chairman of SK Hynix parent SK Group, discusses his plan to invest more money in the US. He speaks with Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:   Get…

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Chey Tae-won, chairman of SK Hynix parent SK Group, discusses his plan to invest more money in the US. He speaks with Ed Ludlow on “Bloomberg Tech.”
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