Paid articlePaywallHMRC demands £2.6bn from Uber:
Ride-hailing app to ‘vigorously defend’ its use of travel VAT exemption at a tribunal
telegraph.co.uk/business/2026/11/07/hmrc-demands-26bn-from-uber/
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peer-to-peer ridesharing, food delivery, and transportation network company headquartered in San Francisco, California
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Paid articlePaywall HMRC demands £2.6bn from Uber: Ride-hailing app to ‘vigorously defend’ its use of travel VAT exemption at a tribunal
telegraph.co.uk/business/2026/11/07/hmrc-demands-26bn-from-uber/
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Key FactsUber agrees to acquire Drizly for $1.1 billion
Feb 2, 2021 · Reading time: ~45 sec.
Summary created with AI assistance · Source: wsj.com
Summary created with AI assistance · Source: wsj.com
- Uber said the acquisition would expand its range of deliveries to consumers’ homes.
- According to the Wine & Spirits Wholesalers of America, the announced transaction is the largest deal so far in the U.S. online alcohol market.
- Uber said Drizly complied with local regulations in 1,400 U.S. cities, and its marketplace would eventually be integrated into the Uber Eats app.
- IWSR estimated that the value of U.S. online alcohol sales rose 80% in 2020 from the previous year, while 44% of e-commerce buyers began doing so only in 2020.
"Covid switched that overnight," he said, and online alcohol sales "hit a real inflection point."— Cory Rellas, Drizly Chief Executive, in a December interview about the impact of Covid on online alcohol sales.
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