Xu was born in Nanjing, situated in China. Xu keeps his position as CEO and claims about 5% of the organization. It was a different license, and we only had $250 in the bank, so we couldnt put her through school. [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. }); If you are a Model, Tiktoker, Instagram Influencer, Fashion Blogger, or any other Social Media Influencer, who is looking to get Amazing Collaborations. DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and dashers in the United States and internationally. He has an extremely effective life both in family and profession. But we are trying hard to collect all the information about him and will update you soon. Tony Xu's Phone Number and Email Last Update. Learn More on Tony Xu's salary. [5] As of December 31, 2020, the platform was used by 450,000 merchants, 20,000,000 consumers, and one million deliverers. My least favorite thing to do is the laundry, he tells lifehacker.com. Write Tony Xu' 1st recommendation. Xu, who was born in Nanjing, China, traveled to the United States of America with his family when he was five years old. [45] In June 2022, the company expanded into the Wellington Region of New Zealand. [5] Xu earned his Bachelor of Science degree in industrial engineering and operations research from Berkeley's College of Engineering[9] and his Master of Business Administration degree from Stanford's Graduate School of Business in 2013. In 1989 his parents emigrated to Champaign, Illinois, in the United States of America. So, naturally enough, he decided to . He eventually settled on Tony after actor Tony Danza, who at the time was starring in Xus favorite TV show, Whos the Boss?. Spotting a gap in the market, Xu and his fellow Stanford classmates, Stanley Tang, Andy Fang, and Evan Moore, set out to fill it. Tony Xu Sales Manager- Shanghai PYTES Energy Co., Ltd. . It was founded in 2012. But we are sure that it is not available and his spouses name is not available. 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Tony Xus Net Worth in 2022 Tony Xus total net worth is estimated to be approximately $2 billion as of June 2022. 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. Xu Wenwu was the legendary leader of the Ten Rings, named after his ancient weapons. But in 2020, he was one of the highest paid CEOs in the Silicon Valley, making about 414 million USD in total compensation. He depicts himself as an avid ball fan and lets his ability to teach English to the game and the media. The food delivery platform's initial public offering pushed Xu's net worth to approximately $3.1 . So, we started the company wanting to help people like her., When the idea for Doordash was still in its infancy, Xu and his fellow founders were eager to learn as much about the food delivery business as possible. [21][22][23][24], By June 2020, DoorDash had raised more than $2.5 billion over several financing rounds from investors including Y Combinator, Charles River Ventures, SV Angel, Khosla Ventures, Sequoia Capital, SoftBank Group,[25] GIC,[26] and Kleiner Perkins. Tony Xu. They have two children together. Save my name, email, and website in this browser for the next time I comment. He came with his parents from Nanjing, China, in 1989, when he was five, with only $300 in their pockets, but unlimited . Those who joined the platform after April 5, 2018, were unaffected by the breach. The project presents another step towards the reality of digital clothing interoperability across the metaverse. Dr. Tony Xu was a brilliant researcher who rose to prominence at the University of Hong Kong. He previously worked as a project manager for McKinsey & Company as well as a strategy implementation analyst for apps such as eBay and PayPal. The IPO of DoorDash in 2020 increased Tonys net worth to this level. [64] Under pressure, the company revised its policy. His testimony, including admissions that he stole money, is likely to hurt him in future trials. He is around35 years old [Not Confirmed] as of 2020. The result was DoorDash, a company thats grown from tiny beginnings into the USs leading third-party food delivery provider. Find out more as we take you through ten things you didn't know about Tony Xu. Xu was born in China and moved to the U.S. at age five. Stern, Joanna (December 13, 2019). This chart shows Tony Xu's buying and selling at DoorDash by year and by quarter. Twitter View on Twitter. [5][26], Xu enjoys running and used to participate in marathons. 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 . Xu appreciates running and has recently competed in endurance races. 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 Wife, marriage Tony Xu and his better half Patti Xu now live in San Francisco. [40], DoorDash began expanding into international markets in 2015, launching in Toronto, Canada. Tony Xu's largest sale order was 80,000 units, worth over . Learn More on Tony Xu's contact information. 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 Girlfriend/boyfriends name is Not Available. Tony Xu is focused on DoorDash's long-term vision. Tony Xu Biography and Net Worth. According to Chicago mayor Lori Lightfoot, the companies broke the law by using "unfair and deceptive tactics to take advantage of restaurants and consumers who were struggling to stay afloat [during the COVID-19 pandemic]. Tony Xu: Daily Routine. Born in Nanjing, China, Xu came to America with his parents and grew up working in a restaurant alongside his mom. (1 Vote) Very easy. 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). In a news release, Mark Zuckerberg described Xu as "a great tech leader" who "has direct experience in both running a tech company and solving complex challenges in commerce." "Tony has built a great service for millions of . 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. Even more astonishingly, hes still only 35 years old. DoorDash co-founder and CEO Tony Xu has joined Meta's board of directors, the Facebook parent company announced on Tuesday. From . On this Wikipedia the language links are at the top of the page across from the article title. His family moved to USA in 1980s and his mother also started a Chinese Restaurant. In 2013, he married his wife, Patti Xu, in church. Prior to the move, Xus mother had practiced medicine. In 2013, he co-founded DoorDash, the on-demand food delivery company that on Wednesday announced it had filed for an IPO . We learned a couple of interesting observations, he said. His father was a Chinese educator who received a Ph.D. in aeronautical design and applied science from the University of Illinois at Urbana-Champaign in the United States of America. Cofounders Andy Fang and Stanley Tang, who Xu met while they were all studying at Stanford, own about 4% each. Tony Xu, also known as Xu Xun is an Entrepreneur. [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. 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. Cofounders Andy Fang and Stanley Tang, who Xu met while they . [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. Enter your email address below to get our daily insider buying and selling report. DoorDash. In 2012, this meeting was the predecessor of the transport organization PaloAltoDelivery.com. [70][71][72][73] The plaintiffs stated that this arrangement increases the cost for dine-in customers, as they are required to subsidize the cost of delivery; and that the apps charge exorbitant fees, which range from 13% to 40% of revenue, while the average restaurant's profit ranges from 3% to 9% of revenue. Wiki, Biography, Age, Spouse, Net Worth, Fast Facts. She later opened acupuncture and medical clinics in Champaign and the San Francisco Bay Area. Hes been named to Fortunes 40 under 40, 7. Why? His height is 1.69 m, and he weighs 72 kg. It would be the same household chore thats a bugbear for the rest of us. DoorDash's delivery system can learn on its own and change based on things like the number of delivery people, the time of day, and how much food is expected to be ordered.[84]. It went public in December 2020 on NYSE and trades under the symbol DASH. The Estimated Net worth is $80K USD $85k. NEW YORK, November 12, 2015 -- The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it has selected a new class of Managing Directors, effective from January 1, 2016, the start of the firm's next fiscal year. So, naturally enough, he decided to change it. It was really hard for a small business to know how many drivers they need. Hisreal name is Xu Xun. Recurring Shark. 1. He was caught after one too many 'exploratory' trips into K&O servers, and spent time in a detention center as a result. Tony Xu Biography. The guest shark Tony Xu is a Chinese-American billionaire and a businessman, who was born in 1983. With a 5.2 percent interest in DoorDash, CEO Tony Xu is the company's largest shareholder. "[77] DoorDash and GrubHub denied the suit's merits. Get notified the next time Tony Xu buys or sells DoorDash stock. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. 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. Tony Xu and his Husband, Patti Xu Xu, live in San Francisco. Mr. Xu owns 80,000 shares of DoorDash stock worth more than $4,372,800 as of February 28th. Before Starting DoorDash, Tony has worked in a few prominent companies like Product at Squareand McKinsey and Company. In 2013, Xu co-founded DoorDash with Stanford classmates Andy Fang, Evan Moore, and Stanley Tang. The partnership with the NUL includes $12 million in funding to assist drivers of color in building job skills and financial literacy. 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. 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It is a Platform where Influencers can meet up, Collaborate, Get Collaboration opportunities from Brands, and discuss common interests. In recent times, interested individuals might have seen Maezawas name in, Read More 10 Things You Didnt Know about Maezawa YusakuContinue. Tony Xu's Height, Weight & Body Measurement. Born in China, Tony came to America with his parents and grew up working in his mom's restaurant. The strike occurred after DoorDash rewrote its code to cut off access to Para, a third-party app that drivers had been using to see the full tip amounts. Tony Xu Age, height, weight Tony Xu was born on May 5, 1985 and is 37 years old from about 2022. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. Chinese and pizza restaurants could build it into their business models, but that was about the extent of it. 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. Jan. 12, 2018 11 AM PT. Fill out the form or send an email to tonyxujournalism@gmail.comtonyxujournalism@gmail.com This net worth approximation does not reflect any other investments that Mr. Xu may own. Tony Xu's . 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 . Tony Xu (born Xu Xun, 1983/1984) is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. This page has information about Tony Xu, who in Industrial Engineering and Operations Research from the University of California, Berkeley and an M.B.A. from the Stanford Graduate School of Business. 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. Price Range (last 24 months) None Reported. Recode. Xu is the organizer behind Alchemy, a blockchain innovation provider, as well as the phantom cafes All Day Kitchens and Local Kitchens. His exact net worth is unknown. 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. Read More . What are the age, height, and weight of Tony Xu? He is known for being the co-founder and chief executive officer (CEO) of his company DoorDash. 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. [4] It also has a 60% market share in the convenience delivery category. The experience proved invaluable, as he later discussed with davidsnotes.substack.com. [33][3][34] The price has seesawed from initial opening of $182[33] to a low of $112 in May 2021, a high of $257 in November 2021, to a new low of $58 in June 2022. [16][17][18], In January 2022, Tony Xu joined the board directors of Meta Platforms. Mr. Xu received an undergraduate degree from the University of California, Berkeley and an MBA from Stanford Graduate School of Business. Facebook gives people the power to share and. 4. [35] By August 2022, the stock was trading at $82 per share. 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. For most establishments, the costs of delivering food from their door to the customers made it unviable. [62][63] The case was referred to arbitration in August 2020. [46], The company expanded its service offerings in 2020, adding grocery delivery initially in California and the Midwest in August 2020. Contact. Additionally, Mr. Xu receives an annual salary of $300,300.00 as CEO at DoorDash. [65][66] The company settled a lawsuit with District of Columbia Attorney General Karl Racine for $2.5million, with funds going to deliverers, the government, and to charity. We started the company to really help small businesses, people like my mom, hes explained to vox.com. [67][68][69], In April 2020, in the case of Davitashvili v. GrubHub Inc. DoorDash, Grubhub, Postmates, and Uber Eats were accused of monopolistic power by only listing restaurants on their apps if the restaurant owners signed contracts which include clauses that require prices be the same for dine-in customers as for customers receiving delivery. 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. Drivers then only directly received the part of the tip that exceeded the guaranteed minimum per order. He owns 4.6% plus options. What is Tony Xu's Past Insider Trading? [10][70][71][72][73] Although several preliminary documents in the case have now been filed, a trial date has not yet been set. DoorDash CEO Tony Xu speaks with Emily Chang in the latest episode of Bloomberg's Studio 1.0 (Source: Bloomberg) Hear the latest economic, business and market news, as well as global, national, and local news. [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. [20], In January 2020, it was reported that DoorDash had lied about skimming tips from its drivers, causing them to earn an average of $1.45 an hour after expenses, and that after the company had allegedly overhauled its tipping system, DoorDash was still manipulating per-delivery payouts at the expense of drivers. Frederic Lalonde is a North American businessman and entrepreneur. Tony Xu. Insiders at DoorDash own 12.1% of the company. Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. In February 2021, 55% of DoorDash's drivers were women. The couple, who met in church, share a two-year-old daughter named Olivia. The highest earning executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who commands a salary of $350,930.00 per year. Career. This week, food delivery giant DoorDash went public, seeing its share price skyrocket to $189 within days. 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. Xu was born in the Chinese city of Nanjing on May 5, 1985. If customers tip over a set amount for the order total, Doordash hides a portion of the tip until the delivery is complete. He is also referred to as a business investor and the director of food transportation administration DoorDash. Mr. Xu holds a B.S. . [5] In 1989, his parents immigrated to Champaign, Illinois. [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. Learn More on DoorDash's active insiders. According to a filing made public Monday, DoorDash plans to list 33 million shares, at a price range between $75 to $85 per share. Shark Biography. Last week, Murdaugh took the witness stand to deny he was the one to pull the trigger. 11/20/2022 11:00 AM. Learn More on DoorDash's active insiders. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. In 2013, Xu helped found DoorDash with Stanford classmates Andy Fang, Evan Moore and Stanley Tang. Tony Xu is a Managing Director at Goldman Sachs based in New York City, New York. Exp Realty. 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. If you dont know your numbers, hes going to ask you the same question five times in a row., If Xu was forced to name his least favorite thing, it wouldnt be boring meetings or never-ending conference calls. Fathers name is Not Available. Over the past decade, hes gone from being a student to becoming the head of one of the fastest-growing companies in the US. [74], On May 4, 2019, DoorDash confirmed 4.9 million customers, delivery workers and merchants had sensitive information stolen via a data breach. Growing up, his mom worked as a server at a Chinese restaurant. Johnson, Eric (January 9, 2019). This explains why I feel so lucky doing what I do every day.. He was photographed at Monster Pho in Oakland. See the complete profile on LinkedIn and discover Tony's connections and jobs at similar companies. Despite the pressure of running DoorDash, Xus priority is clearly his family. Tony, 36, became a billionaire as a result of the profitable public sale, and he now owns over 5% of the firm, according to CNBC. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. "As a recently IPOed company, DoorDash has failed to provide a governance . [21][22][23], Signatories to the Giving Pledge, he and his wife Patti have made significant donations in support of Berkeley, Northwestern, and the Asian American and Pacific Islander (AAPI) community. Tony Xu, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. In 2013, he married his better half, Patti Xu, in the chapel. Tony Leung Chiu Wai was born in Hong Kong on 27 June 1962. 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. 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. DoorDash, which employs about 350 people, is based in San Francisco. Tony Xu, MBA '13, is the cofounder and CEO of DoorDash. On this Wikipedia the language links are at the top of the page across from the article title. Then you can join our Facebook Group named Influencers Meet Brands. 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. Since. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. [13][15], In December 2018, DoorDash overtook Uber Eats to hold the second position in total US food delivery sales, behind GrubHub. November 12, 2018. Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. Tony Xu, DoorDash. Others named Tony Xu. As a first-generation American who grew up working in his mom's restaurant, Tony started DoorDash to help small . Without future ado, let's learn more about Tony Xu. This was to rein in expenses. Too much a liability for any self-respecting University, Xu was unemployable upon release. The corporate mailing address for Mr. Xu and other DoorDash executives is , , . Being the CEO of a multi-billion dollar company is a huge achievement for any financial specialist. His ethnicity is Asian. 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 started DoorDash to help small businesses, people like my mom, hes explained vox.com. And his Husband, Patti Xu, live in San Francisco third-party food delivery provider another... Better half Patti Xu Xu, live in San Francisco Bay Area he later discussed with davidsnotes.substack.com Husband. 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On this Wikipedia the language links are at the top of the transport organization.... Into their business models, but that was about the extent of it the trigger [ 64 ] pressure... In December 2020 on NYSE and trades under the symbol DASH 24 months ) None Reported IPOed! At a Chinese restaurant and changed its name to DoorDash, Xus is! A first-generation American who grew up working in a few prominent companies like Product Squareand... In this browser for the order total, DoorDash hides a portion the. The metaverse Hong Kong on 27 June 1962 the costs of delivering food from door! At the University of California, Berkeley and Stanford University & # x27 ; s Past insider trading so naturally..., share a two-year-old daughter named Olivia [ 62 ] [ 63 ] the case was to! Researcher who rose to prominence at the University of California, Berkeley and an MBA from Stanford Graduate School business. Mom worked as a server at a Chinese restaurant those who joined board. Legendary leader of the Ten Rings, named after his ancient weapons been named Fortunes., Eric ( January 9, 2019 ) Wikipedia the language links are at the top of the until! Announced it had filed for an IPO directors of Meta Platforms digital clothing interoperability across the metaverse my name email... Similar companies Net worth to this level the cofounder and CEO of a multi-billion dollar company is a platform Influencers!, age, Spouse, Net worth to this level started a Chinese restaurant minimum per.... On NYSE and trades under the symbol DASH DoorDash and GrubHub denied the suit 's.! 350 people, is 37 years old [ not Confirmed ] as today... Spouse, Net worth is $ 80K USD $ 85k last update of June 2022, company. Delivery company that on Wednesday announced it had filed for an IPO before Starting DoorDash, Tony worked! Funding to assist drivers of color in building job skills and financial literacy the company was formerly known as Alto! Degrees from the University of Hong Kong on 27 June 1962 s restaurant in.
tony xu biography
tony xu biography
