Taking a Closer Look at the Drizly Shutdown

Dear Client: At the end of last month, Uber officially shut down the Drizly app, just a few years after the tech giant acquired the platform for $1.1 billion [see WSD 01-17-2024]. Rabobank analyst Bourcard Nesin recently published a report breaking down the decision to decommission the Drizly platform. WSD caught up with Bourcard to get some more perspective on the billion-dollar shutdown. NOT A DATA PROBLEM. At the time of the announcement, there was speculation that Drizly's 2020 data