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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

Apple Forecasts Sales Growth Amid Memory Shortage | Bloomberg Tech 5/1/2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Apple’s strong outlook amid the continued memory supply crunch. Plus, Roblox CEO Dave Baszucki discusses the gaming platform’s “aggressive push to enhance safety” that tempered user growth. And, Bloomberg spoke with OpenAI CFO Sarah Friar who pushes back on a report that the AI leader is missing its…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss Apple’s strong outlook amid the continued memory supply crunch. Plus, Roblox CEO Dave Baszucki discusses the gaming platform’s “aggressive push to enhance safety” that tempered user growth. And, Bloomberg spoke with OpenAI CFO Sarah Friar who pushes back on a report that the AI leader is missing its own targets.

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00:00:00 – Intro
00:10:44 – OpenAI CFO Sees ‘Vertical Wall of Demand’
00:17:41 – Twilio CEO Khozema Shipchandler
00:26:50 – Roblox CEO David Baszucki
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Roblox Shares Dive on Slower User Growth

Roblox stock plummeted after the company slashed its full-year bookings forecast, admitting that new age-verification and child-safety features are creating major short-term friction for user growth. Roblox CEO Dave Baszucki joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes…

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Roblox stock plummeted after the company slashed its full-year bookings forecast, admitting that new age-verification and child-safety features are creating major short-term friction for user growth. Roblox CEO Dave Baszucki joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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Twilio CEO on Its ‘Milestone Quarter’

Twilio reported its fastest revenue growth in over three years, fueled by a massive surge in AI-driven demand. Twilio CEO Khozema Shipchandler discussed what he called a “milestone quarter” with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of…

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Twilio reported its fastest revenue growth in over three years, fueled by a massive surge in AI-driven demand. Twilio CEO Khozema Shipchandler discussed what he called a “milestone quarter” with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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