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Tony Xu CEO and Co-founder at DoorDash Stanford, CA. This chart shows Tony Xu's buying and selling at DoorDash by year and by quarter. They have two children together. Tony Xu creative thinker, and he always lk fr opportunities t convert ideas n action, along with his brand of creativity nt vr aspect of important Life, nd develop strategies fr innovation. It delivers meals and more from 390,000 restaurants and other merchants like CVS. Convenience Store Delivery Sales Report", "DoorDash Inc. 2020 Form 10-K Annual Report", "My Frantic Life as a Cab-Dodging, Tip-Chasing Food App Deliveryman", "DoorDash Settlement Would Pay a Paltry $130 to Workers Instead of Making Them Employees", "DoorDash Trio worth up to $2.7 billion each as IPO soars", "Meeting the moment: Tony Xu is focused on DoorDash's long-term vision", "DoorDash Faces Its Latest Challenge: Wooing Wall Street", "To fund Y Combinator's top startups, VCs scoop them before Demo Day", "DoorDash has overtaken Uber Eats in US online food delivery", "DoorDash Has Pulled Ahead of GrubHub, Uber Eats in the On-Demand Food Delivery Race", "DoorDash overtakes Grubhub in delivery market share", "DoorDash takes the lead in the food delivery wars as the landscape dramatically shifts in 2019", "DoorDash is ready to deliver with new Redwood City commissary kitchen debut", "DoorDash Has Been Confusing Its Workers About Payments for Nearly Two Years", "DoorDash Has a New Plan to Make Workers Gamble on How Much They'll Get Paid", "DoorDash Contractors Earn Less Than Dogshit, Study Finds", "SoftBank Turns $11 Billion Profit, Helped by DoorDash", "Data SheetWhat DoorDash Plans to Do With Another Half a Billion Dollars of Capital", "DoorDash confirms $400M raise, IPO timing unclear", "Here's how delivery services like Grubhub, Postmates, and Uber Eats are adapting to the coronavirus restrictions and safety precautions", "DoorDash is the fastest growing meal delivery business during coronavirus lock down", "DoorDash launches program to revive closed restaurants using local ghost kitchens", "DoorDash partners with California restaurant to build new brick-and-mortar location", "DoorDash just opened its first physical location as the pandemic fuels a ghost kitchen boom", "DoorDash valued at $71 billion in blockbuster market debut", "Airbnb, DoorDash Aim for Higher-Than-Expected Valuations Ahead of Debuts", "Women who lost jobs due to COVID turn to food delivery platforms", "Restaurants Are Fed Up With GrubHub And DoorDash, And Now Legislators Are On Their Side", "Just when you thought DoorDash couldn't get more dastardly", "DoorDash won't deliver Walmart's groceries starting next month", "Montreal Has a New Food Delivery Service as DoorDash Starts Its Engines", "DoorDash spreads beyond North America with Australia launch", "Food delivery giant DoorDash has launched in Sydney, and it gave away free burgers to get people onboard", "DoorDash launches in Japan as food delivery war heats up", "US-Lieferdienst Doordash startet in Stuttgart", "NYSE-listed food delivery firm DoorDash expands into New Zealand", "DoorDash launches grocery delivery to compete with Amazon and Instacart", "DoorDash launches on-demand alcohol delivery service", "Square Completes Sale of Caviar to DoorDash", "The Great Flattening: What a Giant Delivery Merger Means for Your Dinner", "DoorDash Buys Rival, Caviar, for $410 Million", "DoorDash acquires autonomous driving startup Scotty Labs", "DoorDash takes another step toward automated food delivery", "DoorDash Adds Startup Chowbotics for Meal Preparation", "DoorDash acquires salad-making robotics startup, Chowbotics", "DoorDash has acquired salad-making robot company Chowbotics", "DoorDash to Buy Finland Food-Delivery Startup in Deal Valued Above $8 Billion", "Delivery apps like DoorDash are using your tips to pay workers' wages", "DoorDash is still pocketing workers' tips, almost a month after it promised to stop", "Brooklyn Man Sues DoorDash Over Grifty, Misleading Tip Policy", "Brooklyn man sues DoorDash for 'misleading' tipping policy", "DoorDash's New Tipping Policy Has Increased Driver Pay", "DoorDash Changes Tipping Model After Uproar From Customers", "DoorDash settles lawsuit for $2.5M over 'deceptive' tipping practices", "DoorDash is paying $2.5 million to settle a lawsuit that accused the food delivery company of stealing drivers' tips", "AG Racine Reaches $2.5 Million Agreement with DoorDash for Misrepresenting that Consumer Tips Would Go to Food Delivery Drivers", "Restaurants Are Desperate But You May Not Be Helping When You Use Delivery Apps", "DoorDash, Uber Eats, Grubhub and Postmates make restaurant meals cost more: lawsuit - Four firms' rise has 'come at great cost to American society,' suit claims", "Grubhub, DoorDash, Postmates, Uber Eats are sued over restaurant prices amid pandemic", "GrubHub, Doordash Accused in Suit of Pushing Prices Higher", "DoorDash confirms data breach affected 4.9 million customers, workers and merchants", "Chicago sues DoorDash and Grubhub for 'unfair and deceptive' practices", "DoorDash $100 Million Driver Settlement Tentatively Approved", "DoorDash's new 'Project DASH' will deliver restaurant leftovers to food banks", "How hunger-fighting orgs have used DoorDash to help save 1 million pounds of food from landfills", "A milestone delivery: DoorDash, Food Bank of Delaware team up to deliver food to those most in need", "Nourishing Minds and Bodies: San Diego Students Now Eligible for Free DoorDash Delivery", "DoorDash Extends Cold Weather Grants as Part of $200M Pledge", "An analysis of a third-party food delivery app during the COVID-19 pandemic", https://en.wikipedia.org/w/index.php?title=DoorDash&oldid=1142045878, Companies listed on the New York Stock Exchange, Online food retailers of the United States, Pages with non-numeric formatnum arguments, All Wikipedia articles written in American English, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 28 February 2023, at 06:09. Last week, Murdaugh took the witness stand to deny he was the one to pull the trigger. We started the company to really help small businesses, people like my mom, hes explained to vox.com. One needs to be proactive before making investment decisions to avoid making a wrong decision. That kind of thing doesnt go unnoticed, as Xu himself learned when he earned a place on Fortunes prestigious 40 under 40, an annual round-up of the most influential people under the age of 40. Cofounders Andy Fang and Stanley Tang, who Xu met while they . Editor's note: Last . Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. 0. Shark Tank 's newest guest shark, DoorDash CEO Tony Xu, went from working in his mother's restaurant as a kid to co-founding a company that today is valued at more than $20 billion. Xu Wenwu was the legendary leader of the Ten Rings, named after his ancient weapons. He earned degrees from the University of California, Berkeley and Stanford University 's Graduate School . His height is 1.69 m, and he weighs 72 kg. View Tony Xu's profile on LinkedIn, the world's largest professional community. Xu appreciates running and has recently competed in endurance races. The oldest executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who is 54 years old. Matthew Lorber (Entrepreneur) Wiki, Biography, Age, Girlfriend, Family, Facts, and Many More. Recurring Shark. Tony Leung Chiu Wai was born in Hong Kong on 27 June 1962. Xu enjoys running and has previously competed in marathons. Raza . In a news release, Mark Zuckerberg described Xu as "a great tech leader" who "has direct experience in both running a tech company and solving complex challenges in commerce." "Tony has built a great service for millions of . In late 2012, Stanford University students Tony Xu, Stanley Tang, Andy Fang and Evan Moore were getting feedback on a mobile app for small business owners when a macaroon store owner told them of her challenges meeting demand for deliveries. With a 5.2 percent interest in DoorDash, CEO Tony Xu is the company's largest shareholder. [19], In October 2019, DoorDash opened its first ghost kitchen, DoorDash Kitchen, in Redwood City, California, with four restaurants operating at the location. The ex-Manchester United, Leeds and West Ham star also says fans have more power than they think, and if clubs are brave, they can harness this power for good. Why? Tony Xu's . Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. Stern, Joanna (December 13, 2019). He owns 4.6% plus options. Johnson, Eric (January 9, 2019). They purchased a total of 573,500 shares worth more than $49,963,096.52. [4] It also has a 60% market share in the convenience delivery category. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. He most recently served as a task director for McKinsey and Company and as a systems execution expert for applications such as eBay and PayPal. The accident took place near the city of Larissa as a passenger train collided head-on with a cargo train at high speed late on Tuesday night. Tony Xu Biography. So, she had to work three different jobs, one of which was at a restaurant, to save up enough money to open up a medical clinic, which she did after 12 years, and she now still runs in her 19th year. Meta Platforms, Inc. DoorDash's delivery system can learn on its own and change based on things like the number of delivery people, the time of day, and how much food is expected to be ordered.[84]. The company began addressing the challenges of delivery from restaurants and has since expanded focus to include grocery, retail, beauty, alcohol, pet food, flowers and convenience. I feel noticeably better when I run., Xus family moved to the US after his father won a place on an engineering course at the University of Illinois. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. "[77] DoorDash and GrubHub denied the suit's merits. [41] The company started operating in markets outside North America in 2019, officially launching in Melbourne, Australia, in September and later expanding further into the country. Tony worked in Product at Square, led special projects for the CEO and CFO at eBay, and began his career at McKinsey and Company. A year later, he decided he'd had enough of trying to teach his classmates and teachers how to pronounce his name. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. 11/20/2022 11:00 AM. His exact net worth is unknown. She later opened needle therapy and wellness centers in Champaign and the San Francisco Bay Area. Initially, Tony along with his classmates started with an Idea of food-delivery app which will help small business owners. DoorDash Inc. is an American on-demand prepared food delivery service. Do you wanna know the Tony Xu's full Biodata? He hails from Nanjing, China. This page has information about Tony Xu, who Tony Xu's Phone Number and Email Last Update. Tony Xus fortune is estimated to be in the $2 billion range. He was named in Fortunes 40 Under 40 list in 2020. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. In 2013, Xu helped found DoorDash with Stanford classmates Andy Fang, Evan Moore and Stanley Tang. Insiders at DoorDash own 12.1% of the company. This explains why I feel so lucky doing what I do every day.. Tony Xu, DoorDash. After graduating, he spent several years working in tech with the likes of McKinsey and eBay. At the time of the strike, and as of June 2022, DoorDash did not allow drivers to see the full tip amounts prior to accepting a delivery in the app. DoorDash CEO Tony Xu says drivers don't want to give up the flexibility afforded by their independent-contractor status. When DoorDash went public in early 2021, its valuation soared to US$32 billion. Tyson Chandler Wiki, Age, Bio, Height, Wife, Career, and Net Worth, Reed Robertson Wiki, Age, Bio, Height, Wife, Career, and Net Worth, Tony Xu Wiki, Age, Bio, Height, Wife, Career, and Net Worth, Wiki, Bio, Age,Family, Siblings, Childhood & Education, Tony Xus Height, Weight & Body Measurement, Lela Ceterova Wiki, Age, Bio, Height, Boyfriend, Career, and Net Worth, Journee Nelson Wiki, Age, Bio, Height, Boyfriend, Career, and Net Worth, Famous Dex Wiki, Age, Bio, Height, Girlfriend, Career, and Net Worth, Lynda Baron Wiki, Age, Bio, Height, Husband, Career, and Net Worth, Jack Johnson Wiki, Age, Bio, Height, Wife, Career, and Net Worth. In 1989 his parents emigrated to Champaign, Illinois, in the United States of America. See the complete profile on LinkedIn and discover Tony's connections and jobs at similar companies. The experience proved invaluable, as he later discussed with davidsnotes.substack.com. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. [67][68][69], In April 2020, in the case of Davitashvili v. GrubHub Inc. DoorDash, Grubhub, Postmates, and Uber Eats were accused of monopolistic power by only listing restaurants on their apps if the restaurant owners signed contracts which include clauses that require prices be the same for dine-in customers as for customers receiving delivery. Xu keeps his position as CEO and claims about 5% of the organization. Others named Tony Xu. [13][14], In 2020, Xu was included in Fortune's "40 Under 40" list. Xu was born in China but moved to the US with his family when he was 4. In the past Mr. Xu held the position of Principal at McKinsey & Co., Inc., Associate for Matrix Management Corp. and Principal at RedLaser. Tony Xu has not been actively trading shares of DoorDash over the course of the past ninety days. Download it now on Amazon. It went public in December 2020 on NYSE and trades under the symbol DASH. But in 2020, he was one of the highest paid CEOs in the Silicon Valley, making about 414 million USD in total compensation. Even more astonishingly, hes still only 35 years old. [6], DoorDash has been criticized and sued for withholding tips, reducing tip transparency, antitrust price manipulation, listing restaurants without permission, and allegedly misclassifying workers. Shark Biography. California DoorDash workers protested outside of the home of DoorDash CEO Tony Xu on Thursday, prompted by a recent California superior court judge ruling calling 2020's Proposition 22 . Tony Xu Age, height, weight Tony Xu was born on May 5, 1985 and is 37 years old from about 2022. [76][8], In August 2021, the city of Chicago sued DoorDash and GrubHub. My motto when making any decisionin work or lifeis to have the most fun and least regrets, he shared. [37] The company was sued by Lona's Lil Eats in St. Louis, with the lawsuit claiming that DoorDash had listed them without permission, then prevented any orders to the restaurant from going through and redirecting customers to other restaurants instead, because Lona's was "too far away," when in reality it had not paid DoorDash a fee for listing. Tony Xu, the creator of Doordash, is a multibillionaire Chinese-American businessman who was born in 1983. His mother was the inspiration for DoorDash, 6. Tony Xu Tony Xu is the co-founder and CEO of DoorDash. PALO ALTO, U.S. -- Tony Xu, co-founder and CEO of U.S. food delivery giant DoorDash, has always had a need for speed. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. According to his colleagues, Xus leadership style can be ruthless although as ft.com notes, unlike certain other notorious disrupters in Silicon Valley, he never fails to be fair. Julie Cao, his mothers name, was a doctor in China before moving to the United States of America, where she worked at a restaurant and shuffled many jobs to pay for her medical degree. Related by financial asset: DoorDash, Inc. On June 7, 2021, Alex Murdaugh called police to report that he had discovered the bodies of his wife and son. The most recent insider tranaction occured on February, 23rd when Director Stanley J Meresman sold 15,000 shares worth more than $865,050.00. Dr. Tony Xu was a brilliant researcher who rose to prominence at the University of Hong Kong. Tony Xu, MBA '13, Cofounder and CEO, DoorDash, Asian American and Pacific Islander (AAPI), "DoorDash IPO will make its CEO a billionaire here's how his immigrant parents inspired his success", "Shares Of DoorDash IPO Jump By Double Digits As Trading Begins", "Tony Xu, the steady hand steering DoorDash's delivery empire", "The Secret Behind These Tech Founders' Success? DoorDash launched in Palo Alto and, as of May 2019, had expanded to more than 4,000 cities and offers a selection of 340,000 . She later opened acupuncture and medical clinics in Champaign and the San Francisco Bay Area. Recode. Fill out the form or send an email to tonyxujournalism@gmail.comtonyxujournalism@gmail.com [29], In October 2020, the company launched its "Reopen for Delivery" program to have brick-and-mortar restaurants that have closed due to the COVID-19 pandemic partner with local ghost kitchen operators to offer food delivery- and pick-up-only service. And he weighs 72 kg avoid making a wrong decision the trigger the University of California, Berkeley Stanford. The experience proved invaluable, as he later discussed tony xu biography davidsnotes.substack.com suit 's merits Business owners to really small. 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