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Uber to buy alcohol delivery startup Drizly for $1.1 billion

Uber Technologies Inc. agreed to acquire Drizly Inc., an on-demand alcohol delivery app, for $1.1 billion—a wager that demand for home delivery will persist after the coronavirus pandemic subsides. The deal is Uber’s biggest since July when it bought Postmates, a food delivery app. The Drizly purchase primarily consists of Uber stock, with less than […]

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