Xu Xialing - Daughter. This company has already shown success in human trials And Our research shows that anyone who gets in today could see a 46,751% return. He is known for being the co-founder and chief executive officer (CEO) of his company DoorDash. His mother was the inspiration for DoorDash, 6. Moderate. Too much a liability for any self-respecting University, Xu was unemployable upon release. Tony Xu, 33, is a co-founder and chief executive of the DoorDash on-demand food-delivery start-up. Xu is the CEO. Prior to the move, Xus mother had practiced medicine. Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. But later he immigrated to the United States with his parents when he was five years old. [70][71][72][73] The plaintiffs stated that this arrangement increases the cost for dine-in customers, as they are required to subsidize the cost of delivery; and that the apps charge exorbitant fees, which range from 13% to 40% of revenue, while the average restaurant's profit ranges from 3% to 9% of revenue. 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. We connect brands with social media talent to create quality sponsored content. His Girlfriend/boyfriends name is Not Available. PALO ALTO, U.S. -- Tony Xu, co-founder and CEO of U.S. food delivery giant DoorDash, has always had a need for speed. 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? He has voting rights over all Class B resources, giving Xu 69% democratic command over DoorDash as of December 2020. Julie Cao, his mother's 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 . Spoken Languages. For most establishments, the costs of delivering food from their door to the customers made it unviable. [80] As of September 2021, Project DASH operated in more than 900 cities and had delivered more than 15 million meals. 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. He hails from Nanjing, China. Tony Xu, DoorDash. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. This site uses Akismet to reduce spam. Tony is followed by two additional co-founders. I run in the mornings two or three times during the week, and both days on the weekend, he tells sequoiacap.com. [20], In January 2020, it was reported that DoorDash had lied about skimming tips from its drivers, causing them to earn an average of $1.45 an hour after expenses, and that after the company had allegedly overhauled its tipping system, DoorDash was still manipulating per-delivery payouts at the expense of drivers. Mark Zuckerberg, founder and CEO of Meta, said, "Tony has built a great service for millions of people to get food and more from hundreds of thousands of restaurants and . If customers tip over a set amount for the order total, Doordash hides a portion of the tip until the delivery is complete. The mothers name is Not Available. Despite the pressure of running DoorDash, Xus priority is clearly his family. Tony has 2 jobs listed on their profile. A year later, he decided hed had enough of trying to teach his classmates and teachers how to pronounce his name. [13][14], In 2020, Xu was included in Fortune's "40 Under 40" list. Find out more as we take you through ten things you didn't know about Tony Xu. Tony Xu Tony Xu is the co-founder and CEO of DoorDash. Tony worked in Product at Square, led special projects for the CEO and CFO at eBay, and began his career at McKinsey and Company. The corporate mailing address for Mr. Xu and other DoorDash executives is , , . Tony Xu CEO & Co-Founder. It operates DoorDash marketplace, which provides an array of services that enable merchants to solve mission-critical challenges, such as customer acquisition, delivery, insights and analytics, merchandising, payment processing, and customer support; and offers DoorDash Drive, a white-label logistics service; DoorDash Storefront that enables merchants to offer consumers on-demand access to e-commerce. The U.S. airline industry today consists of four huge carriers plus a host of lower-cost airlines. CEO Tony Xu told employees that 1,250 corporate workers would be let go as part of a broader cost-cutting initiative. Dr. Tony Xu was a brilliant researcher who rose to prominence at the University of Hong Kong. He owns 4.6% plus options. [11], In addition to DoorDash's board of directors,[15] Xu is a board member of the Silicon Valley Chinese Association Foundation and an executive council member of TechNet. Tony Chiu-Wai Leung. [7] His father was a professor in China who studied aerospace engineering and applied mathematics at the University of Illinois Urbana-Champaign,[1] where he earned his Ph.D.[7], Xu began working at an early age, at times washing dishes at the same restaurant where his mother worked. BREAKING: Tiny biotech successfully treats blindness. As a first-generation American who grew up working in his moms restaurant, Tony started DoorDash to help small business owners succeed. [28] That month, DoorDash became the fastest growing food delivery service. [45] In June 2022, the company expanded into the Wellington Region of New Zealand. The strike occurred after DoorDash rewrote its code to cut off access to Para, a third-party app that drivers had been using to see the full tip amounts. Born in Nanjing, China, Xu came to America with his parents and grew up working in a restaurant alongside his mom. Jackson Norriss told Trevor Slattery that the real Mandarin wasn't happy that he appropriated his name and Slattery was to be taken to him to face his punishment. The food delivery platform's initial public offering pushed Xu's net worth to approximately $3.1 . Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer of DoorDash. Xu was born in China and moved to the U.S. at age five. He was interviewed by Joy Huang, MBA '21, on February 9, 2021 as part of the View From The Top speake. Mr Xu owns over 577 units of DoorDash Inc stock worth over $40,701 and over the last 2 years he sold DASH stock worth over $0. Insiders at DoorDash own 12.1% of the company. Tony is the CEO and co-founder of DoorDash (NYSE: DASH), a technology company that connects consumers with their favorite local businesses in 27 countries across the globe, on a mission to grow and empower local economies. Aanika Biosciences has married the worlds of synbio and insurance to provide companies security to innovate freely. They are in relation from previous few years of a strong relationship. 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. Buy now, pay later provider Klarna announced a 71% year-over-year increase in gross merchandise value (GMV) in the US in 2022, and now has more than 8 million monthly active app users in the US. He and his co-founders started DoorDash to help local businesses like that restaurant succeed. [2] January 11, 2022. Xu Wenwu was the legendary leader of the Ten Rings, named after his ancient weapons. We have no more Information about his Father; we will try to collect information and update soon. Hes been named to Fortunes 40 under 40, 7. Xu married his wife Patti shortly after launching DoorDash. [42][43] In 2021, the company expanded its service area to Sendai, Japan in June[44] and Stuttgart, Germany in November. 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 . Xu met his co-founders at Stanford. Born in Nanjing, China, Xu came to America with his parents and grew up working . Tony Xu had a strong work ethic from an early age, but it wasn't until he met DoorDash's co-founders - and became a Domino's Pizza delivery driver to test out their theories - that it . Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. Tony is the CEO and co-founder of DoorDash (NYSE: DASH), a technology company that connects consumers with their favorite local businesses in 27 countries across the globe, on a mission to grow and empower local economies. The One Ticker Retirement Plan Over the Shoulder Demo Now Available, Market Wizard Larry Benedict crushed the market in 2022. Mr. Xu earned a salary of $300,000.00, and other compensation of $297.00.There are 3 executives that earn more than Mr. Xu. 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 . He describes himself as an avid basketball fan and attributes his ability to learn English to the game and the media. Notify me of follow-up comments by email. Tony Xu is the CEO and co-founder of DoorDash, a technology company passionate about transforming local businesses and dedicated to enabling new ways of working, earning, and living. History. [11][12][13], In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. Tony Xu (born Xu Xun, 1983/1984) is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. 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One needs to be proactive before making investment decisions to avoid making a wrong decision. [35] By August 2022, the stock was trading at $82 per share. It is a Platform where Influencers can meet up, Collaborate, Get Collaboration opportunities from Brands, and discuss common interests. [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. [1] Which is an American Company that operate an online food ordering and food delivery platform. Do Not Sell or Share My Personal Information. Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. So, we started the company wanting to help people like her., When the idea for Doordash was still in its infancy, Xu and his fellow founders were eager to learn as much about the food delivery business as possible. Tony Xu's Phone Number and Email Last Update. View the profiles of people named Tony Xu. Tony Xu Biography. Their hope is to make investments that will give dreamers and doers particularly those that are underfunded or are playing from behind the encouragement and luck necessary to maximize their potential and positively impact the world. [1][8][9] He legally changed his name from Xu Xun to Tony Xu, inspired by his favorite television series Who's the Boss?, in which Tony Danza plays Tony Micelli. Xu enjoys running and has previously competed in marathons. [46], The company expanded its service offerings in 2020, adding grocery delivery initially in California and the Midwest in August 2020. His height is 1.69 m, and he weighs 72 kg. Xu owns 4.6% of the delivery giant while cofounders Andy Fang, 28 . It was founded in 2012. Learn More on DoorDash's active insiders. So, naturally enough, he decided to change it. Also, we have no information about his son and daughter. Learn More about insider trades at DoorDash. Born in China, Tony came to America with his parents and grew up working in his mom's restaurant. Tony Xu is the CEO and co-founder of DoorDash, a technology company passionate about transforming local businesses and dedicated to enabling new ways of working, earning, and living. Tony Leung Chiu Wai was born in Hong Kong on 27 June 1962. . DoorDash CEO Tony Xu and co-founders Andy Fang and Stanley Tang have joined the billionaires club. The guest shark Tony Xu is a Chinese-American billionaire and a businessman, who was born in 1983. Liked by Tony Xu. What are the age, height, and weight of Tony Xu? They have two children together. DoorDash can also be reached via phone at 650-487-3970 and via email at [emailprotected] Learn More on Tony Xu's contact information. It is one of several technology companies.It uses logistics services to offer food deliveries from restaurants on-demand. The oldest executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who is 54 years old. Learn how your comment data is processed. Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. He has done a lot of things and held numerous positions in a, Read More 10 Things You Didnt Know about Gary GysinContinue, Maezawa Yusaku is a Japanese businessman. His ethnicity is Asian. Tony Xu says AB5 would have disastrous results if implemented. DoorDash co-founder and CEO Tony Xu has joined Meta's board of directors, the Facebook parent company announced on Tuesday. Ardeshir Godrej Wiki, Biography, Net Worth, Age, Family, Facts and More, Philip Schulte (Entrepreneur) Wiki, Biography, Age, Girlfriends, Family, Facts and More, Shawn Cotton Wiki, Biography, Net Worth, Age, Family, Facts and More, Whoxver (Tiktok Star) Wiki, Biography, Age, Boyfriend,, Spence Taylor (TikTok star) Wiki, Biography, Age,, Oti Mabuse (Dancer) Wiki, Biography, Age, Boyfriend,, Dora Moono Nyambe(Tiktok Star) Wiki, Biography, Age,, The year he married is the same year he started his Successful start Up, He has also sponsored various New Projects as well. This article maps the current industry onto a traditional Monopoly board. Fighting for the underdog is part of who I am and what we stand for as a company. His date of birth is 1985. . [18] It maintained that market position in 2019. NPR. In 2013, Xu co-founded DoorDash with Stanford classmates Andy Fang, Evan Moore, and Stanley Tang. [7][8][9][10], 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. [9], In 2018, DoorDash launched Project DASH, a partnership with local food security organizations to deliver donations to those in need. 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. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. Email. Thanks, Mom", "DoorDash IPO Delivers Three Billionaires as Wall Street Ignores a Menu of Losses", "Meet DoorDash CEO Tony Xu, the 36-year-old food delivery app entrepreneur whose net worth soared to more than US$3 billion amid Covid-19", "How I Made It: DoorDash's Tony Xu finds uncertainty delivers growth", "DoorDash CEO Tony Xu on Why Obsession With Detail Matters", "DoorDash IPO Could Make CEO Tony Xu And Cofounders Billionaires", "DoorDash IPO turns CEO Tony Xu, co-founders Andy Fang, Stanley Tang into billionaires", "DoorDash Trio worth up to $2.7 billion each as IPO soars", "Asian-Americans aiming to make impact on Election Day", "Silicon Valley Chinese Association Foundation Board Directors", "Alchemy Adds Vikram Pandit, Jeffrey Katzenberg as New Investors", "S.F. Tony Xu is CEO/Co-Founder at DoorDash Inc. See Tony Xu's compensation, career history, education, & memberships. "Our new Managing Directors represent the best of our firm's dedication to excellence, leadership and client service, and . Stern, Joanna (December 13, 2019). Title. He joined Invisible to gain personal protection while continuing his research. Learn More on Tony Xu's salary. She later opened needle therapy and wellness centers in Champaign and the San Francisco Bay Area. [3], With a 56% market share, DoorDash is the largest food delivery company in the United States. She later opened acupuncture and medical clinics in Champaign and the San Francisco Bay Area. Cofounders Andy Fang and Stanley Tang, who Xu met while they were all studying at Stanford, own about 4% each. 9 months. Tony Xu, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. Ruthless doesnt mean demeaning people or disrespecting them, says Andrew Munday, one of DoorDashs first full-time employees. Others named Tony Xu. There's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. More at IMDbPro Contact Info: View agent, publicist, legal on IMDbPro. Shark Biography. Before Starting DoorDash, Tony has worked in a few prominent companies like Product at Squareand McKinsey and Company. [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. She later opened acupuncture and health centers in Champaign and the San Francisco Bay Area. Johnson, Eric (January 9, 2019). "DoorDash, Inc. 2022 Annual Report (Form 10-K)", "Changes to the DoorDash Leadership Team", "DoorDash, the $13B on-demand food delivery startup, says it has confidentially filed for an IPO", "Which company is winning the restaurant food delivery war? Information on this page was last updated on 2/23/2023. "[77] DoorDash and GrubHub denied the suit's merits. They sold a total of 800,309 shares worth more than $63,347,607.21. Tony Xu at Bloomberg News "DoorDash: Tony Xu". Learn More on Tony Xu's trading history. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. [48][49], In July 2019, the company's tipping policy was criticized by The New York Times, and later The Verge and Vox and Gothamist. He was included in Fortune's "40 Under 40" list in 2020. [1] He also worked as a business analyst for the management consulting firm McKinsey & Company, and as a corporate strategy consultant for eBay and PayPal. Tony received a Bachelor of Arts degree from Amherst College and a Master of Business Administration from MIT Sloan. [77], In 2017, a class action lawsuit was filed against DoorDash for allegedly misclassifying delivery drivers in California and Massachusetts as independent contractors. with high honors in Industrial Engineering and Operations Research from UC Berkeley and an MBA from Stanford Graduate School of Business, where he was an Arjay Miller Scholar. The Wall Street Journal Tony Xu is married and his wife is named Patti. Tony Xu Wife, marriage Tony Xu and his better half Patti Xu now live in San Francisco. [16] By March 2019, it had exceeded GrubHub in total sales, at 27.6% of the on-demand delivery market. Occupation Xu started his career as an understudy at Square, Inc., a banking and money and automated installment startup startup, and later worked on business improvements for the online business application RedLaser.

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