Tony Xu, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. The company is based in San Francisco, California. It also generated $1 billion in losses last year. More at IMDbPro Contact Info: View agent, publicist, legal on IMDbPro. [36], In May 2021, DoorDash was criticized for unauthorized listings of restaurants who had not given permission to appear on the app. (Podcast). He is around35 years old [Not Confirmed] as of 2020. DoorDash CEO Tony Xu says drivers don't want to give up the flexibility afforded by their independent-contractor status. Tony Xu Biography. 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. Xu appreciates running and has recently competed in endurance races. DoorDash's fourth co-founder, however, is largely overlooked. [38], In August 2022, DoorDash announced it would end its partnership with Walmart in September, ending the companies' cooperation agreement from 2018. The One Ticker Retirement Plan Over the Shoulder Demo Now Available, Market Wizard Larry Benedict crushed the market in 2022. When DoorDash went public in early 2021, its valuation soared to US$32 billion. Its a company that focuses on direct to consumer delivery of modern furniture that is reasonably priced in original designs. "DoorDash, Inc. 2022 Annual Report (Form 10-K)", "Changes to the DoorDash Leadership Team", "DoorDash, the $13B on-demand food delivery startup, says it has confidentially filed for an IPO", "Which company is winning the restaurant food delivery war? 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. Earlier in his career, Xu interned at Square, Inc., and worked for . [29], In October 2020, the company launched its "Reopen for Delivery" program to have brick-and-mortar restaurants that have closed due to the COVID-19 pandemic partner with local ghost kitchen operators to offer food delivery- and pick-up-only service. In recent times, interested individuals might have seen Maezawas name in, Read More 10 Things You Didnt Know about Maezawa YusakuContinue. Tony Xu is the CEO and co-founder of DoorDash, a technology company passionate about transforming local businesses and dedicated to enabling new ways of working, earning, and living. Tony Xu Owner at Tony Xu & Associates Inc. Diamond Bar, CA. [47] DoorDash expanded the service offerings in 2021 to include DoubleDash, which allows for orders from multiple merchants, and alcohol delivery in 20 U.S. states, the District of Columbia, Canada, and Australia. Thanks, Mom", "DoorDash IPO Delivers Three Billionaires as Wall Street Ignores a Menu of Losses", "Meet DoorDash CEO Tony Xu, the 36-year-old food delivery app entrepreneur whose net worth soared to more than US$3 billion amid Covid-19", "How I Made It: DoorDash's Tony Xu finds uncertainty delivers growth", "DoorDash CEO Tony Xu on Why Obsession With Detail Matters", "DoorDash IPO Could Make CEO Tony Xu And Cofounders Billionaires", "DoorDash IPO turns CEO Tony Xu, co-founders Andy Fang, Stanley Tang into billionaires", "DoorDash Trio worth up to $2.7 billion each as IPO soars", "Asian-Americans aiming to make impact on Election Day", "Silicon Valley Chinese Association Foundation Board Directors", "Alchemy Adds Vikram Pandit, Jeffrey Katzenberg as New Investors", "S.F. Cofounders Andy Fang and Stanley Tang, who Xu met while they were all studying at Stanford, own about 4% each. He began his calling as an understudy at an organization called Square Inc. Xu recently worked as an employee for organizations such as McKinsey and Company, eBay and PayPal. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. Tony is followed by two additional co-founders. Tony Xu creative thinker, and he always lk fr opportunities t convert ideas n action, along with his brand of creativity nt vr aspect of important Life, nd develop strategies fr innovation. Getting to where he is currently was not a walk in the park. [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. Do Not Sell or Share My Personal Information. DoorDash's insider roster includes Prabir Adarkar (CFO), Shona Brown (Director), Andy Fang (Director), Gordon Lee (CAO), Alfred Lin (Director), Stanley Meresman (Director), Christopher Payne (COO), Tia Sherringham (General Counsel), Stanley Tang (Director), Tony Xu (CEO), and Keith Yandell (Insider). According to his colleagues, Xus leadership style can be ruthless although as ft.com notes, unlike certain other notorious disrupters in Silicon Valley, he never fails to be fair. The Estimated Net worth is $80K USD $85k. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()), Katya Adler Wiki, Biography, Age, Spouse, Net Worth, Fast Facts, What is Alessia Rovegnos age? At the time of the strike, and as of June 2022, DoorDash did not allow drivers to see the full tip amounts prior to accepting a delivery in the app. Difficult. Tony Leung Chiu Wai was born in Hong Kong on 27 June 1962. DoorDash CEO, Tony Xu, considers recruiting to be one of his "superpowers." Since 2013, when he founded the food-delivery service, the company has grown from a small team of Stanford University . On this Wikipedia the language links are at the top of the page across from the article title. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz live from New York, bringing insight on global markets and the top business stories of the day. California DoorDash workers protested outside of the home of DoorDash CEO Tony Xu on Thursday, prompted by a recent California superior court judge ruling calling 2020's Proposition 22 . [76][8], In August 2021, the city of Chicago sued DoorDash and GrubHub. Fittingly, Tony Xu, now 35, would end up being "the boss" himself. This explains why I feel so lucky doing what I do every day.. View the profiles of people named Tony Xu. 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. [16][17][18], In January 2022, Tony Xu joined the board directors of Meta Platforms. [1][7] Initially, he and other DoorDash employees completed food deliveries. 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. Find out more as we take you through ten things you didn't know about Tony Xu. 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. [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. DoorDash CEO Tony Xu speaks with Emily Chang in the latest episode of Bloomberg's Studio 1.0 (Source: Bloomberg) [1][10], Early in his career, Xu interned at the financial services and digital payments company Square, Inc. and completed business development work for the e-commerce app RedLaser. His height is 1.69 m and he weighs 72 kg. His mother's 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 . Exp Realty. Born in Nanjing, China, Xu moved with his family to America at the age of five. 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. His exact net worth is unknown. The estimated Net Worth of Tony Xu is at least $341 Thousand dollars as of 15 May 2022. Its less than 10 seconds watch it here. [7] His father was a professor in China who studied aerospace engineering and applied mathematics at the University of Illinois Urbana-Champaign,[1] where he earned his Ph.D.[7], Xu began working at an early age, at times washing dishes at the same restaurant where his mother worked. [13][14], In 2020, Xu was included in Fortune's "40 Under 40" list. Do you wanna know the Tony Xu's full Biodata? He and his younger sister were raised by their mother after his father left them. Tony Xu, also known as Xu Xun is an Entrepreneur. 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. Former England defender Rio Ferdinand says not enough is being done to combat online abuse and hate speech. 2 /5. Stern, Joanna (December 13, 2019). [62][63] The case was referred to arbitration in August 2020. BREAKING: Tiny biotech successfully treats blindness. Facebook gives people the power to share and. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. Tony Xus fortune is estimated to be in the $2 billion range. The Wall Street Journal Growing up, his mom worked as a server at a Chinese restaurant. [78][9] Gizmodo criticized the settlement, noting that the $413 million that DoorDash CEO Tony Xu received the previous year was one of the largest CEO compensation packages of all time. To get the insight scoop, Xu decided to take a job as a delivery driver with Dominos Pizza. 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 mothers name is Not Available. Recurring Shark. DoorDash launched in Palo Alto and, as of May 2019, had expanded to more than 4,000 cities and offers a selection of 340,000 . [7][60][61][62] Drivers receive a guaranteed minimum per order that is paid by DoorDash by default. It was a different license, and we only had $250 in the bank, so we couldnt put her through school. His mother was the inspiration for DoorDash, 6. Initially, he and other DoorDash employees were transporting food. It was really hard for a small business to know how many drivers they need. Not much is known about his family and his personal Life. Hisreal name is Xu Xun. His ethnicity is Asian. The result was DoorDash, a company thats grown from tiny beginnings into the USs leading third-party food delivery provider. Like the iconic board game Monopoly, owning the best real estate is the way to win. The life of a CEO might be a constant whirlwind of meetings and conference calls, but Xu makes sure to schedule some regular downtime to relax. In 2013, he married his wife, Patti Xu, in church. DoorDash had its IPO in December 2020[2][3] making Xu's net worth an estimated $2.8 billion as of April 2021. Pronunciation of Tony Xu with 1 audio pronunciations. 4. . Written by hao. This net worth approximation does not reflect any other investments that Mr. Xu may own. For most establishments, the costs of delivering food from their door to the customers made it unviable. It is essential to recognize that the creative process still stems from the human mind, and AI should simply serve as a tool to flesh out and refine one's preliminary ideas. 63 ] the case was referred to arbitration in August 2021, valuation! Mother after his father left them 17 ] [ 18 ], in August 2021, the of... So lucky doing what I do every day.. View the profiles people! About his family to America at the age of five his height is 1.69 m and he weighs 72.... That is reasonably priced in original designs [ 1 ] [ 63 ] the case was referred arbitration! 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