Uber to acquire alcohol delivery service Drizzly for $1.1 billion

  • Uber is ramping up its delivery business by purchasing Drizzly for a large sum in cash and stock.
  • Ulta Beauty plans to use funds to double Black-owned brands in stores and feature more Black women in advertisements by the end of 2021.
  • Bumble is likely to go public under the ticker symbol ‘BMBL’ by mid-2021.