This was to rein in expenses. 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. Moderate. [18] It maintained that market position in 2019. 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. [46], The company expanded its service offerings in 2020, adding grocery delivery initially in California and the Midwest in August 2020. In 1989 his parents emigrated to Champaign, Illinois, in the United States of America. Getting to where he is currently was not a walk in the park. Editor's note: Last . A year later, he decided hed had enough of trying to teach his classmates and teachers how to pronounce his name. DoorDash Inc. is an American on-demand prepared food delivery service. 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. Get notified the next time Tony Xu buys or sells DoorDash stock. [3], With a 56% market share, DoorDash is the largest food delivery company in the United States. 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. (1 Vote) Very easy. He was photographed at Monster Pho in Oakland. It went public in December 2020 on NYSE and trades under the symbol DASH. [1] He also worked as a business analyst for the management consulting firm McKinsey & Company, and as a corporate strategy consultant for eBay and PayPal. He most recently served as a task director for McKinsey and Company and as a systems execution expert for applications such as eBay and PayPal. 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Last week, Murdaugh took the witness stand to deny he was the one to pull the trigger. Easy. He hails from Nanjing, China. As a first-generation American who grew up working in his moms restaurant, Tony started DoorDash to help small business owners succeed. 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. [17] By early 2019, DoorDash was the largest food delivery provider in the U.S., as measured by consumer spending. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. 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. He is around35 years old [Not Confirmed] as of 2020. He stands 1.69 m tall and weighs 72 kg. Fittingly, Tony Xu, now 35, would end up being "the boss" himself. Being the CEO of a multi-billion dollar company is a huge achievement for any financial specialist. It would be the same household chore thats a bugbear for the rest of us. According to a filing made public Monday, DoorDash plans to list 33 million shares, at a price range between $75 to $85 per share. Initially, he and other DoorDash employees were transporting food. 9 months. Cofounders Andy Fang and Stanley Tang, who Xu met while they . DoorDash co-founder and CEO Tony Xu has joined Meta's board of directors, the Facebook parent company announced on Tuesday. [1][7] Initially, he and other DoorDash employees completed food deliveries. Actor: In the Mood for Love. In 2013, Xu accepted his four-year college degree in modern design and activity research from the University of California, Berkeley, and his graduate degree in business organization from Stanford Universitys Graduate School of Business. Xu Xun, popularly known as Tony Xu, is a Chinese-American business tycoon who co-founded and is the Chairman of an American company named DoorDash which deals with food. Xu has crammed a lot into an incredibly short space of time. Hisreal name is Xu Xun. Former England defender Rio Ferdinand says not enough is being done to combat online abuse and hate speech. DoorDash exists today to empower those like my Mom who came here with a dream to make it on their own. But later he immigrated to the United States with his parents when he was five years old. Xu began his career as an intern at Square, Inc., a banking and finance and digital payments startup, and later worked on corporate development for the RedLaser e-commerce app. [6], DoorDash has been criticized and sued for withholding tips, reducing tip transparency, antitrust price manipulation, listing restaurants without permission, and allegedly misclassifying workers. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. He joined Invisible to gain personal protection while continuing his research. On December 9, 2020, the company became a public company via an initial public offering, raising $3.37 billion. Tony Xu, the creator of Doordash, is a multibillionaire Chinese-American businessman who was born in 1983. Do Not Sell or Share My Personal Information. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. They are in relation from previous few years of a strong relationship. Tony Xu hasn't provided a bio yet. Born in China, Tony came to America with his parents and grew up working in his mom's restaurant. If you know some information, please comment below. He hails from Nanjing, China. Others named Tony Xu. Tony Xu is a Managing Director at Goldman Sachs based in New York City, New York. Tony Xu, 33, is a co-founder and chief executive of the DoorDash on-demand food-delivery start-up. 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. Mr. Xu is currently 38 years old. DoorDash is focused on being the restaurant industrys last-mile solution and has grown into a $700 million leader in the on-demand space. Tony received a Bachelor of Arts degree from Amherst College and a Master of Business Administration from MIT Sloan. 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. He owns 4.6% plus options. The partnership with the NUL includes $12 million in funding to assist drivers of color in building job skills and financial literacy. Tony Xu and his Husband, Patti Xu Xu, live in San Francisco. Tony Xu is married and his wife is named Patti. 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. Current positions of Tony Xu. Career. We connect brands with social media talent to create quality sponsored content. Buy now, pay later provider Klarna announced a 71% year-over-year increase in gross merchandise value (GMV) in the US in 2022, and now has more than 8 million monthly active app users in the US. A year later, he decided he'd had enough of trying to teach his classmates and teachers how to pronounce his name. Tony Xu cofounded restaurant delivery service DoorDash in 2013 and became a billionaire after its 2020 IPO. From . The friendship would later take on a professional bent when they joined forces to found DoorDash in 2013. 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. Xu married his wife Patti shortly after launching DoorDash. [39], In late November 2022, DoorDash announced plans to layoff 1,250 corporate employees, or about six percent of their workforce. Tony Xu, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. He depicts himself as an avid ball fan and lets his ability to teach English to the game and the media. Tony Xu (I) Tony Xu. [2] DoorDash can also be reached via phone at 650-487-3970 and via email at [emailprotected] Learn More on Tony Xu's contact information. Xu enjoys running and has previously competed in marathons. Related by financial asset: DoorDash, Inc. On June 7, 2021, Alex Murdaugh called police to report that he had discovered the bodies of his wife and son. [80] As of September 2021, Project DASH operated in more than 900 cities and had delivered more than 15 million meals. The IPO of DoorDash in 2020 increased Tonys net worth to this level. In the summer of 2013, it received $120,000 in seed money from Y . [38], In August 2022, DoorDash announced it would end its partnership with Walmart in September, ending the companies' cooperation agreement from 2018. His height is 1.69 m and he weighs 72 kg. Xu has served as CEO of DoorDash since 2013 and was appointed the . [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]. Changs China Bistro and Dunkin Donuts, while also championing corner restaurants like the one Xu grew up in. Also, we have no information about his son and daughter. 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. Chinese and pizza restaurants could build it into their business models, but that was about the extent of it. That kind of thing doesnt go unnoticed, as Xu himself learned when he earned a place on Fortunes prestigious 40 under 40, an annual round-up of the most influential people under the age of 40. 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. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language. Tony Xu's Phone Number and Email Last Update. The result was DoorDash, a company thats grown from tiny beginnings into the USs leading third-party food delivery provider. Learn More on DoorDash's active insiders. "[77] DoorDash and GrubHub denied the suit's merits. DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. Tony Xu, MBA '13, is the cofounder and CEO of DoorDash. Also, we have no idea about his brother and sister, and we dont know their names either. jQuery(document).ready(function($) { Tony Xu has been getting a lot of attention lately from virtual entertainment venues such as Facebook, Instagram, Twitter and YouTube where he has a large following of supporters. The Wall Street Journal [14] In the summer of 2013, it received $120,000 in seed money from Y Combinator in exchange for a 7% stake. Learn More on Tony Xu's salary. 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