Doordash ceo Now, it's going public in an IPO that could value the food delivery service at up to $32 billion. Born in China and raised in the United States, Xu has led the company since its inception in 2013, Shortly after DoorDash's shares exploded on the New York Stock exchange — opening at $182, popping 78% — DoorDash founder CEO Tony Xu talked with Business Insider Senior Correspondent Candy Cheng. Most notable about DoorDash's compensation is the CEO pay. [2]DoorDash had its IPO in December 2020 [3] [4] making Tang's net worth an estimated $2. Four years ago today we officially launched DoorDash. Tony Xu, DoorDash CEO, joins 'Closing Bell Overtime' to talk consumer behavior trends, the impact of inflation on the app and more. After DoorDash Inc. That idea grew into DoorDash, a company that's now delivered over 100 million orders from over 200,000 restaurants across the country. , has been elected to the company's board of directors, effective January 19, 2022. income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. culture. 43K, comprised of 94. The Leadership 'Mad Money' host Jim Cramer goes one-on-one with DoorDash CEO Tony Xu to talk quarterly results, consumer behavior and more. 35, for a total transaction of $18,454,356. 67 years. Tony Xu is CEO/Co-Founder at DoorDash Inc. Rankings. (NYSE: DASH) announced today that Greg Peters, Chief Operating Officer and Chief Product Officer of Netflix, Inc. Ornis Mala • Founder and CEO “Our merchants wanted a white-label solution to get their customers to order from them and get fast and reliable delivery when needed. 68. Following the “1411” – Tony Xu, DoorDash CEO and co-founder of the largest food delivery service in America, makes his first appearance in the Tank as a guest Shark. Become a Partner. 2% bonuses, including company stock and options. , a transportation network company, from September 2015 to August 2018. They were founded on a mission to alleviate delivery orders for small Get delivery or takeout from CEO EATZ at 40375 Utica Road in Sterling Heights. Cofounders Andy Fang and Stanley Tang, who Xu Tony Xu is one of our co-founders and has served as our Chief Executive Officer and as one of our directors since May 2013. I’ve always thought it’s DoorDash cofounder and CEO Tony Xu is the son of Chinese immigrants who supported their family by working in restaurants. Ibotta (NYSE: IBTA), which operates the largest digital promotions network in North America, and DoorDash (NASDAQ: DASH), the local commerce platform, DoorDash CEO Tony Xu, right, and fellow cofounder Stanley Tang celebrate 1 million deliveries in 2015. , where he served as Director of Litigation from January 2016 to April 2016 and as Senior Counsel, Litigation from February 2015 to December 2015. They’ve both been forged in the systems and processes we’ve designed at DoorDash while serving as culture carriers to improve upon what they’ve DoorDash CEO Tony Xu on why profitability is his top priority. To be eligible to open a benefit account, drivers need to The delivery service DoorDash announced on Thursday that it’s expanding its offerings in select states to include hemp-derived THC and CBD products, including gummies and beverages. 2 percent stake. Analytics Culture Design Product Sales Strategy Operations. Personal Investments. The DoorDash management team includes Jessica Barry (Executive Business Partner to Chief Executive Officer and Chief People Officer and Head of Ebp Team), Mariana Garavaglia (Chief People Officer), and Jessica Finkelstein (Vice President, Deputy General Counsel). total yearly compensation is $316. How we’re celebrating Indigenous Heritage Month at DoorDash Prabir and Ravi both joined DoorDash during a pivotal time and over the years, helped us secure market leadership, grow sales 7x while improving our unit economics, and launch multiple businesses globally. Xu holds a B. , Mr. He earned degrees from the University of California, Berkeley and the Stanford Graduate See more Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. 2013) Children: 2: Tony Xu, (born 1985 as Xu Xun) (Chinese: 徐迅), is a Chinese-American technology executive. The average tenure of the management team and the board of directors is 3. In a recent interview with Joy Huang, MBA class of 2021, Tony Xu, co-founder and CEO of DoorDash, shared insights and stories DoorDash CEO & Leadership Team Ratings. Tony Xu and the DoorDash leadership team are scored a "D" by 1943 employees placing it in the Bottom 15% of companies sized 5,001-10,000 Employees on Comparably. In March, we launched an enhanced effort to get feedback directly from Dashers on our pay model and how we can make DoorDash work better for Dashers overall. Adarkar served as Vice President of Finance (Head of Strategic Finance) at Uber Technologies, Inc. The chief technology officer is Andy Fang, while the chief product officer is Keith Yandell joined DoorDash in April 2016 as the General Counsel and has served as Chief Business and Legal Officer since October 2018. The shares were sold at an average price of $178. 194 to $181. Published: April 29, 2021. DoorDash’s journey offers valuable lessons for founders: DoorDash CEO Tony Xu says "operational excellence" rather than technology was the key. appointed DoorDash Inc. Xu has bachelor's degrees in DoorDash is asking its employees, all the way up the ranks to its CEO, to again make a delivery at least once a month. (Source: Bloomberg) Hi Tony, for the audience who may not be familiar with you, tell us who you are! I am the CEO and co-founder of DoorDash. 2 billion as of December 2020. Since January 2022, Mr. , listed the following CEO pay ratio data on its annual proxy statement to the SEC. What is your day-to-day like as a CEO at DoorDash? Facebook parent Meta Platforms Inc. 8% salary and 5. 67B. 7 billion. For its 2023 fiscal year, DoorDash, Inc. S. Today, DoorDash launched “Hay DoorDash En La Casa,” a national, multicultural campaign showing Hispanic Millennials and GenZers that with DoorDash you don’t always have to cook to enjoy a meal at home with your people. His mother was a doctor in China, and his father was working towards a Prabir Adarkar has served as our Chief Operating Officer and President since March 2023, and previously served as our Chief Financial Officer since August 2018. Following this transaction, Xu directly owns 1,500 shares of DoorDash. 069 per share. DoorDash reported fiscal year 2020 executive compensation information on April 29, 2021. Sign up and learn more about the Total Cash Compensation information is comprised of yearly Base Pay and Bonuses. Mr. According to the latest filings, Xu offloaded 54,166 shares of Class A Common From the article: “DoorDash’s CEO Tony Xu earns the distinction of being the biggest earner in the pandemic year, nabbing $413 million in compensation last year — nearly all of which were in the form of stock awards. Tony is followed by two additional co-founders. Here's what the $57. BY Polina Marinova. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. com/about/#allsubscribeCan the On-Demand marketplace stay afloat? Tony Xu, CEO and Co-founder of DoorDash, Inc. Learn More on Tony Xu's salary. 32% of the company’s shares, worth $1. directly owns 2. Noam Galai/Getty Images for TechCrunch. Age, Height, and As the co-founder and chief executive officer (CEO) of DoorDash Tony’s net worth in 2022 was $1. It went public in 2020 after an initial public offering. 0 (Source: Bloomberg) The delivery service DoorDash announced on Thursday that it’s expanding its offerings in select states to include hemp-derived THC and CBD products, including gummies and beverages. The fulfillment platform is partnering with Andy Fang (born 1992 [citation needed]) is an American billionaire tech entrepreneur. min read. If you Julia Boorstin reports on 'Closing Bell' that DoorDash CEO Tony Xu will be joining Meta's board. 00 per year. DoorDash CEO Tony Xu and co-founders Andy Fang and Stanley Tang have joined the billionaires club. [ DASH ] - Fo DoorDash co-founder and CEO Tony Xu led the company from a Stanford GSB project to the global leader in on-demand delivery, navigating intense competition, financial struggles, and pandemic-era disruption on the way. Tony Xu, co-founder and CEO of DoorDash, Inc. gave their longtime chief executives special stock awards worth hundreds of millions of dollars in 2020, two of the biggest compensation packages ever DoorDash CEO Tony Xu shared the layoff news in a memo to staff early Wednesday, calling it “the most difficult change to DoorDash that I’ve had to announce in our almost 10-year history. Xu was born in Nanjing and immigrated to the United States with his parents at the age of four. To enjoy unlimited access to our journalism The company says that 4,400 Pennsylvania Dashers signed up for the previous pilot program and nearly 90% said it was beneficial. com. Xu has served as CEO of DoorDash since 2013 and was appointed the As an entrepreneur turned angel investor, I’ve had the privilege of witnessing numerous success stories in the startup world. Tony Xu is cofounder and CEO of DoorDash, an on-demand food delivery service. Our original name was Palo Alto DoorDash Co-founder and CEO Tony Xu joins Jon Fortt on 'TechCheck' to break down the company's move to enable consumers to purchase and have alcohol delivere Ever heard of the Norwegian 4x4? Check out this in-depth discussion between DoorDash CEO Tony Xu and Nicolai Tangen, CEO of Norges Bank Investment Management. For access to live and exclusive video from CNBC subscribe t. 8 billion food-delivery firm's founders and executives DoorDash has 12 members of its Management Team, which are its top executives, including CEO Tony Xu. We are more energized than ever by our core mission and to redouble our commitment to empowering local economies and supporting the businesses. No delivery fee on your first order! Palantir Technologies Inc. Chief Executive Tony Xu to its board of directors, adding outside executive experience to a group that has been criticized for its lack CEO, DoorDash. Expanding our Dashers (which is what DoorDash calls its gig workers) who earn at least $1,000 in the first quarter of 2025, excluding tips, will be eligible to open a portable benefits savings account in April DoorDash, Inc. Find out what it is here. (NASDAQ:DASH - Get Free Report) CEO Tony Xu sold 108,332 shares of the company's stock in a transaction dated Thursday, January 2nd. 8 billion Series C financing and take-private of SP+ (SP Plus). Two of the other co-founders, Andy Fang and Stanley Tang are the Co-founder and CEO of DoorDash: Term: 2013–present: Spouse: Patti Xu (m. When compared against other CEOs, this is very low. Following the sale, the chief executive officer now owns 1,500 shares in the company, valued at $255,525. . Today, I couldn’t be prouder to share that we have officially closed our transformational DoorDash CEO Tony Xu shares his 3 pieces of advice for new graduates Melissa Puskar shares lessons learned in growing alongside the DashMart business DoorDash hosts an event to remember with our inaugural ERG Summit . There are 6 executives that earn more than Mr. Xu. Prabir and Ravi both joined DoorDash during a pivotal time and over the years, helped us secure market leadership, grow sales 7x while improving our unit economics, and launch multiple businesses globally. 20. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. From his childhood experiences to "We do have better margins [with DoorDash Marketplace] because our labor cost is already fixed and our rent is fixed. Tony attended University of California Berkeley and Stanford Graduate School of Business. As DoorDash pushes to grow its share of online grocery, Tony Xu, CEO of the San Francisco-based aggregator, is reportedly casting doubt on Instacart in the leadup to the rival’s planned initial DoorDash, Inc. DoorDash lets you order from nearby restaurants via its website or mobile app, and then “dashers” will bring your food to you by car, bike, foot Editor's note: Last month, the San Francisco Business Times named DoorDash CEO Tony Xu as its 2021 Executive of the Year. Everything you crave, delivered. The highest earning executive at DoorDash is Ms. This conversation covers DoorDash's DoorDash, Inc. IR contact. Xu earned about $300,000 in total compensation in 2019. 100 Best Companies; Fortune 500; Global 500; Fortune 500 Europe; Most Powerful Women; Future 50; Photo by Marques Thomas on Unsplash Lessons from DoorDash CEO Tony Xu. Tia Sherringham, General Counsel & Secretary, who commands a salary of $376,790. Tony gets his wealth from his work as a businessman who is the co-founder and chief DoorDash CEO Tony Xu speaks with Emily Chang in the latest episode of Studio 1. AOL co-founder and former CEO Steve Case joins Guy on the Advice Line, where 5 Facts About Tony Xu, DoorDash CEO and Guest Shark. He owns 4. Number of Investments 28. 100 Best Companies; Fortune 500 ; Global 500; Fortune 500 Europe; Most Powerful Women; Future 50; World DoorDash co-founder and CEO Tony Xu has joined Meta’s board of directors, the Facebook parent company announced on Tuesday. DoorDash CEO Tony Xu speaks with Emily Chang in the latest episode of Bloomberg’s Studio 1. Born to Chinese In a recent interview with Joy Huang, MBA class of 2021, Tony Xu, co-founder and CEO of DoorDash, shared insights and stories about his entrepreneurial journey. Tony Xu Net Worth | Net Worth 2023. Other executives include Prabir Adarkar, Chief Operating Officer and President; Keith Yandell, Chief Business Officer and 8 others. It also has 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 small businesses. DoorDash Chief Financial Officer Ravi Inukonda added that during the third quarter, DoorDash hit a new milestone of more than 18 million DashPass members. Today, that mission is focused around delivering food, but in the future, we hope to deliver from any local store in their city. 3 billion. Get the app. BY Danielle Abril. With an anthem film and three vibrant OOH ads, the campaign celebrates and inverts a common Hispanic experience: you’re out with your parent DoorDash is a technology company that connects people all over the world with thousands of restaurants, convenience stores, pet stores, and grocery stores. It probably goes without saying that the DoorDash leading up to June 2013 was very different from the DoorDash of today. Starting with restaurants, DoorDash is building the infrastructure and logistics platform to allow any local merchant to deliver. 9 years and CEO, DoorDash. ir@doordash. 75 MB. He is best known as the co-founder and Chief Technology Officer at DoorDash, [1] [2] which he started along with Stanley Tang, Tony Xu and Tony Xu is one of our co-founders and has served as our Chief Executive Officer and as one of our directors since May 2013. Founded in 2013, today, DoorDash is the largest food delivery app in the United States, with a market share over 50%. 徐迅（正式名字Tony Xu，1983年或1984年出生）是一位美籍华人 亿万富翁，美国外卖速递公司DoorDash的合伙创始人和首席执行官。 徐迅生于中国 南京，5岁时随父母移民美国。 他在美国加州大学伯克利分校和斯坦福大学商学院获得学位。 在他开始工作的时候，曾在美国的支付公司Square公司做过实习生 DoorDash CEO Tony Xu's 2020 pay jumps 137,670% to $414M DoorDash reports 2020 executive compensation. Tony Xu, the CEO, and co-founder of DoorDash, has significantly impacted small businesses and the local economy, especially during the pandemic. and DoorDash Inc. Our mission to make business better is fueled by readers like you. Xu has served on the board of Learn how Tony Xu, the co-founder and CEO of DoorDash, manages his time, recruits, and deals with the fast-growing company. The Facebook parent company revealed the news yesterday (11 January) and said the appointment is effective immediately. Some are not cheering the news. [4] Education. With such a large presence throughout It was a surreal sensation for Xu, but the founder and CEO of DoorDash intended to keep to his weekly routine as best he could. ” DoorDash Co-founder and CEO Tony Xu joins Jon Fortt on 'TechCheck' to break down the company's move to enable consumers to purchase and have alcohol delivered and its multitude of partners. No delivery fee on your first order! CEO, DoorDash. Tony Xu (born Xu Xun, 1983/1984) is a Chinese American billionaire businessman and the co-founder and CEO of DoorDash. He shares his background, favorite apps, reading list, and advice for aspiring entrepreneurs. The chief executive of food-delivery startup DoorDash said there could be disastrous consequences from a recently passed California bill designed to classify independent contractors as employees. DoorDash залучила понад 2,5 млрд доларів за кілька етапів фінансування від інвесторів, включаючи Y Combinator, Charles River Ventures, SV Angel, Khosla Ventures, Sequoia Capital, SoftBank, GIC та Kleiner Perkins. Tony Xu is a popular Chinese-American billionaire businessman who is the co-founder and chief executive officer (CEO) of DoorDash. 6% plus options. Following the sale, the chief executive officer now directly owns 1,500 shares in the company, valued at DoorDash is a high growth company with multiple business lines, operating in 27 countries today. This week, he was elected to Meta Platforms' Board of Directors, the DoorDash didn't turn a profit in the first nine months of 2020, but the company's CEO and first-generation American Tony Xu still managed to build his own net worth. Working at DoorDash is an exhilarating ride that’ll never be boring. 6/24/16 3. is an American company operating online food ordering and food delivery. Whistleblower contact DoorDash, Inc. 25 is what they offered to drive 11 km. Story Continues “They're everywhere. Co-founders Andy Fang and Stanley Tang, whom Tony met while they were all studying at Stanford, One of DoorDash’s co-founders, Tony Xu, also serves as its CEO and holds a roughly five per cent stake in the company. Tony Xu Tony Xu is the co-founder and CEO of DoorDash. His unwavering determination, strategic vision, and ability to pivot during challenging times have made him a true Tony Xu is the co-founder and CEO of DoorDash, America's largest food delivery service. Prior to joining us, Mr. in Industrial Engineering and Operations Research from the University of California, Berkeley and an M. Grow Our Commitment to You . , a technology company. DoorDash's CEO and 10% owner, Tony Xu, sold 108,334 shares of Class A Common Stock on November 26, 2024, for a total of $19,507,595. He’s a successful businessman with great entrepreneurial skills, so it’s no wonder he’s the newest guest shark on ABC’s Shark Tank. " Jamie Schrotberger, CEO, Spread Bagelry DoorDash Announces Portable Benefits Savings Program For Dashers in Pennsylvania. 891 to $171. DoorDash | 1,318,251 followers on LinkedIn. The sales were executed at weighted average prices ranging from $176. (NYSE:NASDAQ: DASH) CEO Tony Xu has recently sold a significant portion of his holdings in the company. 74, for a total value of $19,363,261. 12/22/20. With a 5. So we are a big proponent of DoorDash. comRideshare Guy entrevistó a Tony Xu, CEO de doordash, con detenimiento escuch Facebook parent company Meta Platforms Inc. This means that change is the norm, and no matter what role you hold at DoorDash, you need to be an operator who can articulate a strategy in pursuit of a new area while diving into the lowest level of detail and back. (NASDAQ:DASH - Get Free Report) CEO Tony Xu sold 108,332 shares of the company's stock in a transaction that occurred on Monday, December 16th. According to a filing made public Stanley Wei Rui Tang (born 1992) is a Hong Kong-born American billionaire tech entrepreneur. DoorDash is a technology company that connects consumers with DoorDash 2021 ESG Report (opens in new window) 5. As soon as the television interviews, which Tony Xu, DoorDash CEO, joins 'Closing Bell: Overtime' to discuss the company's earnings beat, seeing stronger demand in labor market to be a 'dasher' and pla In October, we announced our $1. It priced its shares at $102 apiece, though trading opened at About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright Keith Yandell joined DoorDash in April 2016 as the General Counsel and has served as Chief Business and Legal Officer since October 2018. See Tony Xu's compensation, career history, education, & memberships. While the company has announced various members of that DoorDash founder Tony Xu, who is also the CEO, is the largest owner of the company with a 5. Following these transactions, Xu directly own DoorDash is asking its employees, all the way up the ranks to its CEO, to again make a delivery at least once a month. Email alerts. “Eligible customers can now order a variety of hemp-derived THC and CBD products from merchants like DashMart,” the company said. Read more. But, just who is the man behind one of the DoorDash’s value skyrocketed to US$32 billion after its IPO and in turn made its CEO, Chinese-American Tony Xu, a billionaire – but what was his backstory? Tony Xu found However, few have captivated me quite like the journey of Tony Xu, the co-founder and CEO of DoorDash. DoorDash AB 1305 Disclosure (opens in new window) 79 KB. 4. Adding 25% more revenue allows us to drive higher incremental margins for our business. Here’s what we know about the Chinese-born tech billionaire. company. The sales were executed at weighted average prices ranging from $168. Tony Xu, co-founder, and CEO. It trades under the symbol DASH. By ExecPay News. " Jamie Schrotberger, CEO, Spread Bagelry DoorDash CEO Tony Xu discusses fourth-quarter results, future growth drivers, and how the company views Bitcoin. He is the co-founder and CEO of DoorDash. , together with its subsidiaries, operates a commerce platform that connects merchants, consumers, and independent contractors in the United States and internationally. Tony’s mom was a small-business proprietor and the three of us bonded over our interest in using technology to help local FOR FULL SHOW NOTES, SUBSCRIBE TO: http://thisweekinstartups. , said, "Greg has an impressive track record of building and scaling products that delight DoorDash's CEO is Tony Xu, appointed in May 2013, has a tenure of 11. But, unlike traditional independent contractors, "Dashers" don't have the Tony xu brought in 412 million dollars last year being the 2nd highest paid ceo in America and that's just the ceo I haven't even mentioned the cfo cto , If any doordash customers are wondering why their food is taking longer to deliver its because doordash lowered the basepay. Now, as the co-founder and CEO of food delivery platform DoorDash, Xu’s net worth sits at over US$3 billion, according to Forbes – testament to the fact that hard work and DoorDash headquarters are located in San Francisco, California. If you are a Dasher, Consumer, or Merchant and need support, please contact: 1-855-431-0459. Solutions. CEO Name CEO Pay Median Employee Pay CEO Pay Ratio; Tony Xu: CEO Pay $316,431: Median Employee Pay $47,236: CEO Pay Ratio 7:1: Board of DoorDash CEO Tony Xu appeared on Tuesday's episode of "Mad Money" and explained how its plans to acquire Finland's Wolt will help accelerate international gr CEO and Co-founder at DoorDash The magic of DoorDash is our people, together making our ambitious goals attainable and driving us to greater heights. 0 -----Like this video? Subscribe to Bloomberg Technology on Yo Prabir and Ravi both joined DoorDash during a pivotal time and over the years, helped us secure market leadership, grow sales 7x while improving our unit economics, and launch multiple businesses globally. "We’ve long believed that people who earn with DoorDash shouldn DoorDash CEO and co-founder Tony Xu is joining Meta’s board of directors. Announcements Ordering through DoorDash. [4] With a 56% market share, DoorDash is the largest food delivery platform in the United States. named DoorDash Inc. Co-founders Andy Fang and Stanley Tang, whom Tony met while they were all studying at Stanford, DoorDash is launching a new pilot program in Georgia that will make some drivers eligible for benefits like health care and retirement. [3] Which is an American Company that operate an online food ordering and food delivery platform. Станом на червень 2020 Tony Xu founded DoorDash with his Stanford classmates. "Under the leadership of Miki Kuusi, Wolt has built a culture of optimism, operational rigor, and bias for action that matches our own. #doordash #deliverytv #deliveryenespanol Unete a la comunidad:www. DoorDash In the early days of DoorDash, the founders interviewed more DoorDash co-founder and CEO Tony Xu joins Deirdre Bosa on CNBC's TechCheck to discuss the company's fourth quarter results and full year guidance. 2 percent interest in DoorDash, CEO Tony Xu is the company's largest shareholder. Order online and track your order live. 's (NASDAQ:DASH) initial public offering (IPO), founder and CEO Tony Xu is living the American dream and shedding light on the lucrative world of startups. They can get as high as 55% on some of our busiest days. Investor advisory firm Glass Lewis urges DoorDash shareholders to vote 'no' on CEO Tony Xu's re-election to the board. At DoorDash, we have one goal: to get whatever people need in their hands as efficiently as possible. We’re committed Before DoorDash, Xu worked in consulting and product roles at McKinsey & Company, eBay, and Square, experiences that undoubtedly equipped him with invaluable insights for leading DoorDash. Xu earns $316,430. Xu has a $300,000 annual salary. Yandell was with Uber Technologies, Inc. He is best known as the co-founder and Chief Product Officer at DoorDash, [1] which he started along with Tony Xu, Andy Fang and Evan Moore in 2013. Tony Xu founded DoorDash with his Stanford classmates. Prior, Mr. 562 per share, under a Rule 10b5-1 trading plan adopted on March 8, 2024. Please join me in welcoming Mariana to the team! –Tony Xu, Co-Founder and CEO DoorDash CEO Tony Xu on why profitability is his top priority. You’ll have the opportunity to blaze a new path for industry-defining work, and the satisfaction of achieving goals Xu has been CEO of DoorDash since he founded it with a trio of Stanford classmates in 2013. As we have in the past, we wanted to reflect on the past few years and where we’re headed in the future. DoorDash's Co-Founder and Chief Executive Officer, Director is Tony Xu. The food delivery platform's initial public offering pushed Xu's net worth to approximately $3. While most of DoorDash's Get the best DoorDash experience Experience the best your neighborhood has to offer, all in one app. The weighted average sale price was $180. A. DoorDash. Edit Personal Investments Section. from the "We do have better margins [with DoorDash Marketplace] because our labor cost is already fixed and our rent is fixed. On Wednesday, DoorDash held its highly anticipated initial public offering (IPO), raising $3. Xu has served on the board of directors of Meta Platforms, Inc. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. 336 per share. DoorDash CEO Tony Xu on the company’s long-awaited IPO. However, few have captivated me quite like the journey of Tony Xu, the co-founder and CEO of DoorDash, Inc. However, few have captivated me quite like the journey of Tony Xu, the co-founder and CEO of DoorDash has seen its orders triple during the pandemic, That reality was highlighted in a powerful way by an email from DoorDash’s CEO, Tony Xu, the day of the IPO. They’ve both been forged in the systems and processes we’ve designed at DoorDash while serving as culture carriers to improve upon what they’ve DoorDash CEO Tony Xu speaks with Emily Chang in the latest episode of Bloomberg’s Studio 1. In it, Xu told the story But DoorDash CEO Tony Xu says he's not thinking much about how the pandemic is affecting his own company's business, at least from a sales and bottom-line standpoint. DoorDash for Merchants. Your favorite local restaurants Get a slice of pizza or the whole pie delivered, or pick up As we continue to grow DoorDash’s businesses beyond restaurants, particularly in new categories like convenience, grocery, and retail, I have no doubt that she will make an excellent and impactful addition to our company and People leadership. 1 DoorDash went public Wednesday at an opening price of $182, making CEO Tony Xu's stake in the company worth $2. delivery-tv. The shares were sold at an average price of $170. The company operates DoorDash Marketplace and Wolt Marketplace, which provide various services, such as customer acquisition, demand generation, order fulfillment, At DoorDash, we promise to treat your data with respect and will not share your information with any third party. Chief Executive Tony Xu to its board of directors, adding outside executive experience to a group that has been criticized for its lack DoorDash co-founder and CEO Tony Xu has joined Meta’s board of directors, the Facebook parent company announced on Tuesday. At DoorDash, our mission to empower local economies shapes how our team members move quickly and always learn and reiterate to support merchants As the Co-Founder, CEO and Director of DoorDash, Inc. See the full leadership team at Craft. B. DoorDash employs 62,740 employees. And that's actually where we met Tony [Xu, DoorDash CEO and co-founder]. 1) Tony Xu was born in Nanjing, China and came to the USA with his parents at age 5. Chief Executive Officer Tony Xu to its board, adding a technology-company founder with significant commerce experience to the group "DoorDash and Wolt share a vision to build a global platform for local commerce that empowers the communities we operate in," said Tony Xu, Co-founder and CEO of DoorDash. By Tony Xu, CEO and Co-Founder. First into the Tank is an entrepreneur from San Francisco who presents her clean beauty brand alternative aimed at protecting you while in the great outdoors. $2. 0 -----Like this video? Subscribe to Bloomberg Technology on YouTube:https: DoorDash, like most other gig economy companies, is reliant on a business model whereby workers are categorized as independent contractors instead of as employees. DoorDash's CEO and 10% owner, Tony Xu, sold 209,566 shares of Class A Common Stock across six transactions on December 16 and 17, 2024, totaling $37,657,624. 4 billion for the seven-year-old company. The fulfillment platform is partnering with DoorDash's CEO and 10% owner, Tony Xu, sold 108,332 shares of Class A Common Stock on January 2, 2025, for a total of $18,454,303. Tony Xu is the CEO and co-founder of DoorDash. SEC Filing: DoorDash, Inc. DoorDash, Inc. He speaks with Bloomberg’s Emily Chang. CEO and Co-Founder. First-of-its-kind pilot program — launched with the support of Governor Josh Shapiro — will give eligible Pennsylvania Dashers DoorDash CEO Tony Xu discusses fourth-quarter results, future growth drivers, and how the company views Bitcoin. DoorDash launched in Palo Alto and, as of May Tony Xu is the CEO and co-founder of DoorDash. DoorDash CEO and co-founder Tony Xu said California voters' approval of a ballot measure that would identify rideshare workers as independent contractors is a win for Get delivery or takeout from Sombrero Mexican Food at 6178 Mission Gorge Road in San Diego. aqua bkzalsy zqsk djnzyb vkiuw nst tjd hwfsl ujji orn