Drizly

Drizly

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$1.1b

Valuation: $1.1b

Acquisition
Total Funding000k

Recent News about Drizly

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Drizly was a startup that specialized in the delivery of alcoholic beverages. The company operated in the e-commerce and on-demand delivery market, providing a convenient way for customers to order alcohol online and have it delivered to their doorstep. Drizly primarily served individual consumers who wanted to purchase beer, wine, and spirits without having to visit a physical store.

The business model of Drizly was based on partnering with local liquor stores. When a customer placed an order through the Drizly app or website, the order was routed to a nearby partner store, which then handled the delivery. Drizly made money by charging these partner stores a fee for using its platform and by adding a delivery fee to the customer's order. This model allowed Drizly to offer a wide selection of products without holding any inventory itself.

Drizly operated in a competitive market that included other on-demand delivery services and traditional brick-and-mortar liquor stores. The company's value proposition was the convenience and speed of delivery, often promising delivery within an hour. This appealed to busy consumers and those looking for last-minute purchases.

However, Drizly is no longer in service. Customers looking for similar services are now directed to Uber Eats, which has taken over the alcohol delivery needs that Drizly once fulfilled.

Keywords: alcohol delivery, e-commerce, on-demand service, local liquor stores, consumer convenience, delivery fee, partner stores, competitive market, Drizly, Uber Eats.

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Investments by Drizly

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Buttery
ACQUISITION by Drizly Jul 2018