tony xu biography

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. [77], In 2017, a class action lawsuit was filed against DoorDash for allegedly misclassifying delivery drivers in California and Massachusetts as independent contractors. A year later, he decided he'd had enough of trying to teach his classmates and teachers how to pronounce his name. Actor. Why? "Full Q&A: DoorDash CEO Tony Xu and COO Christopher Payne on Recode Decode". Learn More on DoorDash's active insiders. The shares were sold at an average price of $141.90, for a transaction totalling $11,352,000.00. Tony Xus fortune is estimated to be in the $2 billion range. Write Tony Xu' 1st recommendation. His ethnicity is Asian. He hails from Nanjing, China. If customers tip over a set amount for the order total, Doordash hides a portion of the tip until the delivery is complete. Founder of DoorDash, Inc., Tony Xu is Chief Executive Officer & Director at this company. In addition, he makes $300,297 as Co-Founder and CEO & Chair at DoorDash Inc. Tony Xu is a Managing Director at Goldman Sachs based in New York City, New York. It was founded in 2012. In 2013, he co-founded DoorDash, the on-demand food delivery company that on Wednesday announced it had filed for an IPO . The mothers name is Not Available. Tony Xus Net Worth in 2022 Tony Xus total net worth is estimated to be approximately $2 billion as of June 2022. Tony Leung Chiu Wai was born in Hong Kong on 27 June 1962. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. Tony Xu (DoorDash CEO) Wiki, Biography, Age, Family, Facts and More, Andrew Carnegie Wiki, Biography, Net Worth, Age, Family, Facts and More. Prior to co-founding DoorDash. On 9th December 2020, his company launched IPO, which made him a billionaire at such an early age. He and his younger sister were raised by their mother after his father left them. Humbled and honored to have won the CTO of the year at the 2022 Digital Masters Awards. This week, food delivery giant DoorDash went public, seeing its share price skyrocket to $189 within days. 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. It is currently telecast on Singapore's free-to-air channel, MediaCorp Channel 8.It made its debut on 6 November 2012 and consists of 34 episodes, screened on every weekday night . DoorDash brings millions of meals from food banks to families via Project DASH, empowers underrepresented entrepreneurs through the Restaurant Accelerator and Accelerator for Local Goods, and provides work opportunities to millions of people, including Dashers. His real name is Xu Xun. The Estimated Net worth is $80K USD $85k. ghost kitchen startup debuts with a new name, new market and $20 million in new funding", "Ghost Kitchens Will Keep Appearing on Your Delivery App, Even as the Pandemic Eases", "Delivery's richest CEO Tony Xu has been quietly funding 2 ghost kitchens built by Uber Eats and DoorDash alums and his bets reveal the next big trend in the industry, experts say", "Asian American executives at DoorDash, YouTube, Facebook donated $10 million to support the AAPI community", "Endowed chairs and distinguished professorships", "Multimillion dollar gift to advance study of human computer interaction", "The Giving Pledge Welcomes 14 New Signatories", "Doordash's Founders Are Billionaires Now", "20VC: DoorDash CEO Tony Xu on The Art of Great Leadership Today, Why The Best Give All of the Credit and Take All of the Blame & How DoorDash Have Won The Best Talent Against the Toughest Competition", "DoorDash Becomes Official On-Demand Delivery Platform of NBA, WNBA, NBA 2K League", "DoorDash Becomes First-Ever On-Demand Delivery Platform of the NBA, WNBA and NBA 2K League", "Full Q&A: DoorDash CEO Tony Xu and COO Christopher Payne on Recode Decode", "In the Elevator With DoorDash CEO Tony Xu", https://en.wikipedia.org/w/index.php?title=Tony_Xu&oldid=1141205555, UC Berkeley College of Engineering alumni, University of California, Berkeley alumni, Articles containing Chinese-language text, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 23 February 2023, at 22:20. While the company has . He is Chinese by Nationality. DoorDash CEO Tony Xu and co-founders Andy Fang and Stanley Tang have joined the billionaires club. BIOGRAPHY/Wiki. He was caught after one too many 'exploratory' trips into K&O servers, and spent time in a detention center as a result. Former England defender Rio Ferdinand says not enough is being done to combat online abuse and hate speech. She later opened needle therapy and wellness centers in Champaign and the San Francisco Bay Area. Difficult. (Podcast). He has a date night with his wife every Friday, 10 Things You Didnt Know About Frederic Lalonde, 10 Things You Didnt Know About Maria Rioumine, 10 Things You Didnt Know about Anand Sambasivan, 10 Things You Didnt Know About Aamir Baig, 10 Things You Didnt Know about Gary Gysin, 10 Things You Didnt Know about Maezawa Yusaku, he later discussed with davidsnotes.substack.com, How Bebe Rexha Achieved a Net Worth of $10 Million, The 20 Worst Cities for Human Trafficking in the World, How Simu Liu Achieved a Net Worth of $4 Million, The 20 Best Chevy Muscle Cars of All-Time, How Lizzo Achieved a Net Worth of $40 Million. Contact. 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 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. [38], In August 2022, DoorDash announced it would end its partnership with Walmart in September, ending the companies' cooperation agreement from 2018. Later, he pursued an MBA from the Stanford Graduate School of Business. We have no more Information about his Father; we will try to collect information and update soon. $.post('https://www.wikifamouspeople.com/wp-admin/admin-ajax.php', {action: 'mts_view_count', id: '533655'}); Spotting a gap in the market, Xu and his fellow Stanford classmates, Stanley Tang, Andy Fang, and Evan Moore, set out to fill it. Born in Nanjing, China, Xu came to America with his parents and grew up working . [14] In the summer of 2013, it received $120,000 in seed money from Y Combinator in exchange for a 7% stake. [21][22][23][24], By June 2020, DoorDash had raised more than $2.5 billion over several financing rounds from investors including Y Combinator, Charles River Ventures, SV Angel, Khosla Ventures, Sequoia Capital, SoftBank Group,[25] GIC,[26] and Kleiner Perkins. It would be the same household chore thats a bugbear for the rest of us. His height is 1.69 m and he weighs 72 kg. The result was DoorDash, a company thats grown from tiny beginnings into the USs leading third-party food delivery provider. In 2013, Xu co-founded DoorDash with Stanford classmates Andy Fang, Evan Moore, and Stanley Tang. Xu and his . 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. }); If you are a Model, Tiktoker, Instagram Influencer, Fashion Blogger, or any other Social Media Influencer, who is looking to get Amazing Collaborations. The platform was built exclusively for electrical contractors after Rioumine and her former, Read More 10 Things You Didnt Know About Maria RioumineContinue, Investment decisions have become challenging in the current world with the recent market events, which are becoming unpredictable. 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. 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. 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