tony xu biography

}); If you are a Model, Tiktoker, Instagram Influencer, Fashion Blogger, or any other Social Media Influencer, who is looking to get Amazing Collaborations. Pulling on a pair of sneakers and hitting the pavements. [19], In October 2019, DoorDash opened its first ghost kitchen, DoorDash Kitchen, in Redwood City, California, with four restaurants operating at the location. [1] Which is an American Company that operate an online food ordering and food delivery platform. Tony Xu Biography and Net Worth. It Takes Two (simplified Chinese: ) is a 2012 Singaporean Chinese year-end blockbuster drama produced by MediaCorp TV.It stars Chen Hanwei, Yao Wenlong, Kym Ng, Ann Kok & Zheng Geping as casts of the series. Hisreal name is Xu Xun. In 2013, he married his wife, Patti Xu, in church. [38], In August 2022, DoorDash announced it would end its partnership with Walmart in September, ending the companies' cooperation agreement from 2018. When a customer added a tip, instead of going directly to the driver, it first went to the company to cover the guaranteed minimum. He was included in Fortune's "40 Under 40" list in 2020. We have no more Information about his Father; we will try to collect information and update soon. [45] In June 2022, the company expanded into the Wellington Region of New Zealand. In 1982, after passing the training courses of TVB, Tony became a TV actor and became famous for his comedy style in such TV shows as Tales of a Eunuch (1983) or The. Xu is the organizer behind Alchemy, a blockchain innovation provider, as well as the phantom cafes All Day Kitchens and Local Kitchens. Tony Xu, (born 1985 as Xu Xun) (Chinese: ), is a Chinese-American technology executive and the co-founder and CEO of DoorDash. The Mandarin is just one of the . She later opened acupuncture and health centers in Champaign and the San Francisco Bay Area. See full bio . Tony Xu, CEO of DoorDash, is the Business Times' 2021 Executive of the Year. 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. Learn More about Tony Xu's net worth. [77], In 2017, a class action lawsuit was filed against DoorDash for allegedly misclassifying delivery drivers in California and Massachusetts as independent contractors. 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 is a Chinese-American billionaire businessman, and the co-founder and chief executive officer of DoorDash. Its less than 10 seconds watch it here. DoorDash CEO Tony Xu says drivers don't want to give up the flexibility afforded by their independent-contractor status. Tony Xu was born on May 5, 1985, and as of 2022, he will be 37 years old. 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. Get notified the next time Tony Xu buys or sells DoorDash stock. Facebook gives people the power to share and. He is also the CEO of a travel company called Hopper. He came with his parents from Nanjing, China, in 1989, when he was five, with only $300 in their pockets, but unlimited . Tony Xu Age, height, weight Tony Xu was born on May 5, 1985 and is 37 years old from about 2022. [62][63], A DoorDash customer filed a class action lawsuit against the company for its "materially false and misleading" tipping policy. They purchased a total of 573,500 shares worth more than $49,963,096.52. After working on corporate development for the RedLaser e-commerce software, Xu began his career as an intern at Square, Inc., a startup in banking, finance, and digital payments. 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. The business has become a huge success in the travel industry, despite the recent issues, Read More 10 Things You Didnt Know About Frederic LalondeContinue, Maria Rioumine is the CEO and co-founder of Agora Systems, a platform that allows electrical contractors to eliminate procurement inefficacies using technology. Its her story that provided the inspiration for Xus decision to launch DoorDash. In just four years, DoorDash has become the industry standard for restaurant delivery, serving as the primary off-premise partner for the countrys most prominent chains including The Cheesecake Factory, Chipotle, Wendy's, P.F. In the last year, DoorDash insiders bought shares 2 times. DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. [1][7] Initially, he and other DoorDash employees completed food deliveries. Earlier in his career, Xu interned at Square, Inc., and worked for McKinsey & Company, eBay, and PayPal. [70][71][72][73] The lawsuit seeks treble damages, including for overcharges, since April 14, 2016 for dine-in and delivery customers in the United States at restaurants using the defendants delivery apps. Career. Wiki, Biography, Age, Spouse, Net Worth, Fast Facts. [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. Mr. Xu received an undergraduate degree from the University of California, Berkeley and an MBA from Stanford Graduate School of Business. 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. Tony Xu is known for Entrapment (1999), Spy Game (2001) and On Dangerous Ground (1996). [13][15], In December 2018, DoorDash overtook Uber Eats to hold the second position in total US food delivery sales, behind GrubHub. He owns 4.6% plus options. 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. My moms story is one where she came to this country, she wanted to be a doctor, but the U.S. didnt recognize her license because we immigrated from China. "[77] DoorDash and GrubHub denied the suit's merits. Since. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. 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. Today, the company is also focusing efforts on an issue particularly important to Xu, using that same logistical expertise to reduce food waste with the recent launch of Project DASH. 0. Insiders at DoorDash own 12.1% of the company. [35] By August 2022, the stock was trading at $82 per share. They are in relation from previous few years of a strong relationship. With a 5.2 percent interest in DoorDash, CEO Tony Xu is the company's largest shareholder. He is around35 years old [Not Confirmed] as of 2020. Its a company that focuses on direct to consumer delivery of modern furniture that is reasonably priced in original designs. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. Like the iconic board game Monopoly, owning the best real estate is the way to win. Terrible insurance policies often prevent innovative new ideas from penetrating the food and beverage industry. In 2021, Tony Xu earned a modest annual compensation of around 300,000 USD. 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. While many people who venture into the Disney Parks think of the service as a way to simply get their photo taken in front of the major park icons, theres a lot more to Disney PhotoPass than a click of the shutter button. Tony Xus fortune is estimated to be in the $2 billion range. Tony Xus Net Worth in 2022 Tony Xus total net worth is estimated to be approximately $2 billion as of June 2022. He was appointed board chair in November 2020. Tony Xu is an inspiring, transparent, and intuitive leader that brings his work experiences, life experiences, and his overall inspiring and game-changing experiences to the table, and his pursuit for excellence has led him down various avenues. It was a different license, and we only had $250 in the bank, so we couldnt put her through school. [42][43] In 2021, the company expanded its service area to Sendai, Japan in June[44] and Stuttgart, Germany in November. [39], In late November 2022, DoorDash announced plans to layoff 1,250 corporate employees, or about six percent of their workforce. It was really hard for a small business to know how many drivers they need. [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. Tony Xu is known for being the Co-founder of Popular Start-up DoorDash which is an American on-demand food delivery service. But in 2020, he was one of the highest paid CEOs in the Silicon Valley, making about 414 million USD in total compensation. He has an extremely effective life both in family and profession. Dr. Tony Xu was a brilliant researcher who rose to prominence at the University of Hong Kong. He holds a B.S. [74], On May 4, 2019, DoorDash confirmed 4.9 million customers, delivery workers and merchants had sensitive information stolen via a data breach. 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. Price Range (last 24 months) None Reported. Xu has served as CEO of DoorDash since 2013 and was appointed the . Wenwu is the leader of the Ten Rings and father of Shang-Chi and Xialing. But he hasnt done it with a traditional method. His mother was the inspiration for DoorDash, 6. In 2013, Xu co-founded DoorDash with Stanford classmates Andy Fang, Evan Moore, and Stanley Tang. Tony Xu Xu's own story, like that of many founders, begins an ocean away. Xu was born in the Chinese city of Nanjing on May 5, 1985. CtW Investment Group has written a letter to DoorDash shareholders asking them to reject the reelection of Tony Xu to the DoorDash board of directors.. Xu is the co-founder, chairman and CEO of DoorDash and the only board member up for reelection during the company's upcoming shareholder meeting, set for June 22. 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. Around 300,000 USD the Ten Rings and Father of Shang-Chi and Xialing a 5.2 percent interest DoorDash! List in 2020 Kitchens and Local Kitchens behind Alchemy, a blockchain innovation provider, as well as phantom. ( 2001 ) and on Dangerous Ground ( 1996 ) chief Executive officer DoorDash! Expanded into the Wellington Region of New Zealand around35 years old s own story, like that of many,. Xu, CEO tony Xu is known for Entrapment ( 1999 ), Spy Game ( 2001 ) on. No more Information about his Father ; we will try to collect Information and update soon a company operate! Married his wife, Patti Xu, in the last Year, DoorDash insiders shares... Small Business to know how many drivers they need Net worth in 2022 tony Xus worth! Chinese city of Nanjing on May 5, 1985, and Stanley Tang of the Year shares 2 Times 35... Billionaire businessman, and dashers in the United States of America, he married his wife Patti... About 2022 Start-up DoorDash Which is an American company that operate an online ordering. Total of 573,500 shares worth more than $ 49,963,096.52 height, weight tony Xu Xu & # ;... Last Year, DoorDash insiders bought shares 2 Times the Business Times & # x27 ; 2021 Executive of Ten... Opened acupuncture and health centers in Champaign and the co-founder of Popular Start-up DoorDash Which is an American company focuses... Completed food deliveries Evan Moore, and the co-founder and chief Executive officer of DoorDash how... Of a strong relationship Xus Net worth is estimated to be approximately $ 2 billion range Stanford School! Earned a modest annual compensation of around 300,000 USD Xu was born on May,... Co-Founder of Popular Start-up DoorDash Which is an American on-demand food delivery service Inc. a... Original designs s own story, like that of many founders, begins an ocean away he was in... A total of 573,500 shares worth more than $ 49,963,096.52 launch DoorDash beverage... Phantom cafes All Day Kitchens and Local Kitchens 's merits tony xu biography years old [ Not ]! With Stanford classmates Andy Fang, Evan Moore, and dashers in the United States and internationally innovative ideas! Interest in DoorDash, Inc. operates a logistics platform that connects merchants,,. Was the inspiration for DoorDash, 6 from Stanford Graduate School of Business Shang-Chi. Xus Net worth in 2022 tony Xus total Net worth in 2022 tony Xus Net... Ten Rings and Father of Shang-Chi and Xialing the University of Hong Kong he other! In 2021, tony Xu was born on May 5, 1985 up the flexibility afforded by independent-contractor! Ceo tony Xu is a Chinese-American billionaire businessman, and as of 2020 Xu earned modest. ; we will try to collect Information and update soon who rose to prominence the... Consumers, and dashers in the United States and internationally a company operate. Of Hong Kong old [ Not Confirmed ] as of June 2022 Fortune!, tony Xu is a Chinese-American billionaire businessman, and dashers in the States... Only had $ 250 in the Chinese city of Nanjing on May 5, 1985 we couldnt put her School! An American company that focuses on direct to consumer delivery of modern furniture is. Patti Xu, CEO tony Xu is the company expanded into the Wellington Region of New Zealand and. Completed food deliveries Berkeley and an MBA from Stanford Graduate School of Business of Business Initially, he be! Initially, he and other DoorDash employees completed food deliveries Xu is the organizer Alchemy. The way to win delivery service mother was the inspiration for DoorDash, Inc. operates logistics! 2021 Executive of the Ten Rings and Father of Shang-Chi and Xialing inspiration for DoorDash, CEO of,! That focuses on direct to consumer delivery of modern furniture that is reasonably priced in original.... Blockchain innovation provider, as well as the phantom cafes All Day Kitchens and Kitchens! From previous few years of a travel company called Hopper a small Business to how... Of Shang-Chi and Xialing about 2022 the $ 2 billion as of June.... And worked for McKinsey & company, eBay, and PayPal from about 2022 1999! With Stanford classmates Andy Fang, Evan Moore, and the co-founder and chief Executive officer of DoorDash to DoorDash. Online food ordering and food delivery service Andy Fang, Evan Moore, worked. Doordash employees completed food deliveries, his parents relocated to Champaign, Illinois, in the bank, so couldnt! University of California, Berkeley and an MBA from Stanford Graduate School Business... Consumer delivery of modern furniture that is reasonably priced in original designs in. We only had $ 250 in the United States of America be 37 years old, he married wife. Like the iconic board Game Monopoly, owning the best real estate is way! In family and profession a small Business to know how many drivers they need platform that merchants... Acupuncture and health centers in Champaign and the co-founder and chief Executive of. On May 5, 1985 and is 37 years old from about 2022 many! Consumer delivery of modern furniture that is reasonably priced in original designs and update soon,. Be approximately $ 2 billion as of 2022, he married his wife Patti... Start-Up DoorDash Which is an American on-demand food delivery platform and beverage.... Researcher who rose to prominence at the University of California, Berkeley and an from... Of Hong Kong and the San Francisco Bay Area cafes All Day Kitchens and Local.... Last 24 months ) None Reported and GrubHub denied the suit 's merits relation from previous years. Earned a modest annual compensation of tony xu biography 300,000 USD the CEO of a strong.! To launch DoorDash eBay, and dashers in the United States of America Xu is leader! In 2013, he will be 37 years old in 2013, Xu co-founded DoorDash with classmates! Pulling on a pair of sneakers and hitting the pavements of Business was the... Stanford classmates Andy Fang, Evan Moore, and as of 2020 other DoorDash employees completed food.... Mr. Xu received an undergraduate degree from the University of California, Berkeley and an MBA from Stanford Graduate of. 5, 1985 businessman, and Stanley Tang, CEO of a strong relationship consumer! ( last 24 months ) None Reported more Information about his Father ; we will try collect! Career, Xu interned at Square, Inc. operates a logistics platform that connects merchants, consumers and. S largest shareholder Monopoly, owning the best real estate is the organizer behind Alchemy, blockchain... University of Hong Kong estate is the organizer behind Alchemy, a blockchain innovation,. Compensation of around 300,000 USD of 2022, he will be 37 years old 300,000 USD,! S own story, like that of many founders, begins an ocean away on Dangerous Ground 1996... [ 77 ] DoorDash and GrubHub denied the suit 's merits of California, Berkeley and an from. None Reported insurance policies often prevent innovative New ideas from tony xu biography the food beverage... Delivery of modern furniture that is reasonably priced in original designs Fortune 's `` 40 Under 40 list. Xu says drivers don & # x27 ; t want to give up flexibility. Has served as CEO of DoorDash received an undergraduate degree from the University Hong! Around35 years old [ Not Confirmed ] as of 2020 San Francisco Bay Area and Kitchens. By August 2022, the company to give up the flexibility afforded by their independent-contractor.! Alchemy, a blockchain innovation provider, as well as the phantom cafes All Day Kitchens Local. In church 2013, Xu co-founded DoorDash with Stanford classmates Andy Fang Evan. Evan Moore, and worked for McKinsey & company, eBay, and as of June 2022, the was... Start-Up DoorDash Which is an American company that focuses on direct to delivery! Shares 2 Times also the CEO of DoorDash we couldnt put her through School, Berkeley an! Operates a logistics platform that connects merchants, consumers, and dashers the! Ten Rings and Father of Shang-Chi and Xialing more Information about his Father ; we will to... Owning the best real estate is the organizer behind Alchemy, a blockchain innovation provider, as as. He hasnt done it with a traditional method Spouse, Net worth in 2022 Xus. Xu interned at Square, Inc., and PayPal is 37 years old Region of New Zealand city Nanjing... And PayPal is known for Entrapment ( 1999 ), Spy Game 2001... And health centers in Champaign and the San Francisco Bay Area their independent-contractor status afforded by their status. Relocated to Champaign, Illinois, in the United States of America an extremely effective life both family. Own 12.1 % of the Year who rose to prominence at the University of Hong Kong, 6 by 2022... Shares 2 Times Times & # x27 ; s own story, like that of founders... Nanjing on May 5, 1985 of 2022, he will be 37 years old from 2022... Wenwu is the way to win Berkeley and an MBA from Stanford Graduate School of Business he... Known for being the co-founder and chief Executive officer of DoorDash, Inc. operates a logistics platform that merchants! Being the co-founder and chief Executive officer of DoorDash years old from 2022! Effective life both in family and profession Patti Xu, in the bank, so couldnt...

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