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Uber shuts down alcohol delivery service Drizly three years after acquiring it
Uber said it's closing Drizly's business and focusing on its core Uber Eats strategy.
In SEC's announcement of the acquisition, Drizly was described as a service that "works with thousands of local merchants to provide consumers with an incredible selection of beer, wine, and spirits with competitive, transparent pricing." After Uber's acquisition, the Federal Trade Commission found that Drizly CEO James Cory Rellas was alerted about the company's security issues way back in 2018. The agency determined that the delivery service failed to implement the proper safeguards to protect its users despite claiming it had done so and that its poor security practices made the data breach possible.
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