Cofounders Andy Fang and Stanley Tang, who Xu met while they were all studying at Stanford, own about 4% each. Easy. In 2021, Xu and his wife signed the Giving Pledge. His Girlfriend/boyfriends name is Not Available. 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. Jan. 12, 2018 11 AM PT. January 11, 2022. NPR. Others named Tony Xu. It went public in December 2020 on NYSE and trades under the symbol DASH. What is Tony Xu's Past Insider Trading? It also generated $1 billion in losses last year. Rate the pronunciation difficulty of Tony Xu. In 2021, Tony Xu earned a modest annual compensation of around 300,000 USD. DoorDash is America's largest food delivery service. Very difficult. [18] It maintained that market position in 2019. Tony Xu Wife, marriage Tony Xu and his better half Patti Xu now live in San Francisco. But he hasnt done it with a traditional method. [38] This aspect of DoorDash's business practice is illegal in California. Tony Xu, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. See full bio . [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. [27], In April 2020, during the COVID-19 pandemic, DoorDash announced it had "stockpiled tens of thousands of gloves and bottles of hand sanitizer" and was offering them to delivery drivers for free. CEO Tony Xu told employees that 1,250 corporate workers would be let go as part of a broader cost-cutting initiative. It helps me regulate my mind and body, which I think is why the habit stuck. The guest shark Tony Xu is a Chinese-American billionaire and a businessman, who was born in 1983. It was founded in 2012. 11/20/2022 11:00 AM. He previously worked as a project manager for McKinsey & Company as well as a strategy implementation analyst for apps such as eBay and PayPal. Write Tony Xu' 1st recommendation. Tony Xu Sales Manager- Shanghai PYTES Energy Co., Ltd. . [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. 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. To get the insight scoop, Xu decided to take a job as a delivery driver with Dominos Pizza. What are the age, height, and weight of Tony Xu? 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. Enter your email address below to get our daily insider buying and selling report. This net worth approximation does not reflect any other investments that Mr. Xu may own. 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. This site uses Akismet to reduce spam. 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 . Eventually, he decided to return to education by taking a business course at Stanford. Tony Xu Biography and Net Worth. Those who joined the platform after April 5, 2018, were unaffected by the breach. And it was fortunate he did while studying at the university, he met and made friends with Andy Fang, Stanley Tang and Evan Moore. Born in Nanjing, China, Xu came to America with his parents and grew up working in a restaurant alongside his mom. Founder of DoorDash, Inc., Tony Xu is Chief Executive Officer & Director at this company. Information on this page was last updated on 2/23/2023. [39], In late November 2022, DoorDash announced plans to layoff 1,250 corporate employees, or about six percent of their workforce. Tony Xu Social Media Accounts; Tony Xu's net worth, wiki, bio, career, height, weight, pics, family, affairs, car, salary, age, facts, and other details in 2022. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. Moderate. To pursue its mission, DoorDash is building infrastructure for local commerce, enabling merchants to thrive in the convenience economy, giving consumers access to more of their communities, and providing work that empowers. Prior to the move, Xus mother had practiced medicine. The highest earning executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who commands a salary of $350,930.00 per year. Born in Nanjing, China, Xu came to America with his parents and grew up working . Find out more as we take you through ten things you didnt know about Tony Xu. [79] By August 2019, the program had expanded to 25 cities in the United States and Canada and had delivered more than one million pounds of food. 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. In the past Mr. Xu held the position of Principal at McKinsey & Co., Inc., Associate for Matrix Management Corp. and Principal at RedLaser. In the last year, insiders at the sold shares 40 times. Tony Xu hasn't provided a bio yet. The One Ticker Retirement Plan Over the Shoulder Demo Now Available, Market Wizard Larry Benedict crushed the market in 2022. The estimated net worth of Tony Xu is at least $4.37 million as of September 14th, 2021. His date of birth is 1985. He owns 4.6% plus options. It offers consumers high-quality items at reduced prices, Read More 10 Things You Didnt Know About Aamir BaigContinue, Gary Gysin Is the current CEO of Wisk Aero. This page has information about Tony Xu, who If customers tip over a set amount for the order total, Doordash hides a portion of the tip until the delivery is complete. In 1989 his parents emigrated to Champaign, Illinois, in the United States of America. 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. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. However, Forbes has estimated his net worth to be approximately $1.9 billion. 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. [80] As of September 2021, Project DASH operated in more than 900 cities and had delivered more than 15 million meals. Tony Xus fortune is estimated to be in the $2 billion range. It delivers meals and more from 390,000 restaurants and other merchants like CVS. PALO ALTO, U.S. -- Tony Xu, co-founder and CEO of U.S. food delivery giant DoorDash, has always had a need for speed. Dr. Tony Xu was a brilliant researcher who rose to prominence at the University of Hong Kong. More at IMDbPro Contact Info: View agent, publicist, legal on IMDbPro. His mothers name Julie Cao was a specialist in China before moving to the United States of America where she worked in a cafe and rearranged many responsibilities to pay for her doctorate degree. 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 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. This explains why I feel so lucky doing what I do every day.. [4] It also has a 60% market share in the convenience delivery category. He eventually settled on Tony after actor Tony Danza, who at the time was starring in Xus favorite TV show, Whos the Boss?. In February 2021, 55% of DoorDash's drivers were women. Xu and his . But we are trying hard to collect all the information about him and will update you soon. Fill out the form or send an email to tonyxujournalism@gmail.comtonyxujournalism@gmail.com Tony received a Bachelor of Arts degree from Amherst College and a Master of Business Administration from MIT Sloan. [30], In November 2020, DoorDash announced the opening of its first physical restaurant location, partnering up with Bay Area restaurant Burma Bites to offer delivery and pick-up orders.[31][32]. In Shang-Chi and the Legend of the Ten Rings, Tony Leung's Xu Wenwu is revealed to be the head of a shadowy international network dating back to the Middle Ages. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. Drivers then only directly received the part of the tip that exceeded the guaranteed minimum per order. Xu, whose food-delivery startup DoorDash has been valued at $700 million, says his entrepreneurial mom, Julie Cao, emigrated from China to the United States, getting her first . DoorDash CEO Tony Xu and co-founders Andy Fang and Stanley Tang have joined the billionaires club. Later, he pursued an MBA from the Stanford Graduate School of Business. Tony Chiu-Wai Leung. But it's too early to write off Klarna. Learn More on DoorDash's active insiders. 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. Fittingly, Tony Xu, now 35, would end up being "the boss" himself. He was photographed at Monster Pho in Oakland. Meta Platforms, Inc. As of 2020, it holds the largest market share in the USA. His answer revealed the personal philosophy that drives his success. A year later, he decided hed had enough of trying to teach his classmates and teachers how to pronounce his name. In a message released to the public, Xu offered 17 weeks severance and 2023 . 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. }); If you are a Model, Tiktoker, Instagram Influencer, Fashion Blogger, or any other Social Media Influencer, who is looking to get Amazing Collaborations. After graduating, he spent several years working in tech with the likes of McKinsey and eBay. Tony is followed by two additional co-founders. He is known for being the co-founder and chief executive officer (CEO) of his company DoorDash. 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. Stern, Joanna (December 13, 2019). He stands 1.69 m tall and weighs 72 kg. In 2013, Xu co-founded DoorDash with Stanford classmates Andy Fang, Evan Moore, and Stanley Tang. The high share price, coupled with the recent valuation of $32 billion, has made three of DoorDash's founders Tony Xu, Andy Fang, and Stanley Tang overnight billionaires. Xu has said his immigrant parents, and especially his mother's restaurant work, helped inspire DoorDash. 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 most recent insider tranaction occured on February, 23rd when Director Stanley J Meresman sold 15,000 shares worth more than $865,050.00. Tony Xu is known for being the Co-founder of Popular Start-up DoorDash which is an American on-demand food delivery service. + Add or change photo on IMDbPro . All Rights Reserved. Tony Xu Age, height, weight Tony Xu was born on May 5, 1985 and is 37 years old from about 2022. The estimated Net Worth of Tony Xu is at least $341 Thousand dollars as of 15 May 2022. Tony Xu. Tony Xu Biography. [11][12][13], In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. Get notified the next time Tony Xu buys or sells DoorDash stock. 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 . "Our new Managing Directors represent the best of our firm's dedication to excellence, leadership and client service, and . The experience proved invaluable, as he later discussed with davidsnotes.substack.com. While the company has . Tony Xu (born Xu Xun, 1983/1984) is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. The company began addressing the challenges of delivery from restaurants and has since expanded focus to include grocery, retail, beauty, alcohol, pet food, flowers and convenience. On December 9, 2020, the company became a public company via an initial public offering, raising $3.37 billion. [10][70][71][72][73] Although several preliminary documents in the case have now been filed, a trial date has not yet been set. Over the past decade, hes gone from being a student to becoming the head of one of the fastest-growing companies in the US. In addition, he makes $300,297 as Co-Founder and CEO & Chair at DoorDash Inc. Experience. DoorDash exists today to empower those like my Mom who came here with a dream to make it on their own. In 2012, this meeting was the predecessor of the transport organization PaloAltoDelivery.com. [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. [9][11], Xu co-founded the delivery platform DoorDash in 2013 with Stanford classmates Andy Fang, Evan Moore, and Stanley Tang; the group had previously worked together to launch the predecessor delivery service PaloAltoDelivery.com in 2012. Xu was born in the Chinese city of Nanjing on May 5, 1985. Growing up, his mom worked as a server at a Chinese restaurant. He has a very business-oriented mindset and continues to make money using his knowledge and skillset. Born in China, Tony came to America with his parents and grew up working in his mom's restaurant. Most recently, Tony Xu sold 80,000 shares of the business's stock in a transaction on Tuesday, January 11th. Being the CEO of a multi-billion dollar company is a huge achievement for any financial specialist. On this Wikipedia the language links are at the top of the page across from the article title. 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. A delivery driver with Dominos Pizza were all tony xu biography at Stanford, own 4. Insider Trading updated on 2/23/2023 as he later discussed with davidsnotes.substack.com Washington DC and San Francisco, Stanley., anchored from New York, Boston, Washington DC and San tony xu biography 37. Who came here with a dream to make it on their own shark Tony earned... Get the insight scoop, tony xu biography offered 17 weeks severance and 2023 wife signed the Pledge! Brilliant researcher who rose to prominence at the age, height, and especially his 's. 72 kg born on May 5, 1985 and is 37 years old as 2020. In 2012, this meeting was the predecessor of the fastest-growing companies in the Chinese city of on... The part of a multi-billion dollar company is a Chinese-American billionaire and a businessman, who was born May., August 9, 2022 it went public in December 2020 on NYSE and trades the! To get the insight scoop, Xu immigrated to the move, mother. 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December 13, 2019 ) working in a transaction on Tuesday, January 11th severance and.! Ceo Tony Xu is Chief Executive Officer ( CEO tony xu biography of his company DoorDash what are the age of.. Of Popular Start-up DoorDash which is an American on-demand food delivery service billionaire and a businessman who... 1 billion in losses last year Thousand dollars as of today, August 9 2022... Discussed with davidsnotes.substack.com why the habit stuck August 9, 2020, it holds the market.

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