His real name is Xu Xun. [2] 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 . 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). Fill out the form or send an email to tonyxujournalism@gmail.comtonyxujournalism@gmail.com Xu was born in Nanjing, China. Do you wanna know the Tony Xu's full Biodata? Mr. Xu holds a B.S. The estimated net worth of Tony Xu is at least $4.37 million as of September 14th, 2021. Pronunciation of Tony Xu with 1 audio pronunciations. Xu owns 4.6% of the delivery giant while cofounders Andy Fang, 28 . [80] As of September 2021, Project DASH operated in more than 900 cities and had delivered more than 15 million meals. It is currently telecast on Singapore's free-to-air channel, MediaCorp Channel 8.It made its debut on 6 November 2012 and consists of 34 episodes, screened on every weekday night . [25] He and his wife Patti met at church while they were undergraduates at Berkeley and married in 2013; the couple have two children. In the last year, insiders at the sold shares 40 times. [5] In 1989, his parents immigrated to Champaign, Illinois. He was named in Fortunes 40 Under 40 list in 2020. 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 . [77], In 2017, a class action lawsuit was filed against DoorDash for allegedly misclassifying delivery drivers in California and Massachusetts as independent contractors. After finishing high school, Xu studied industrial engineering at UC Berkeley. 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. Like the iconic board game Monopoly, owning the best real estate is the way to win. So, she had to work three different jobs, one of which was at a restaurant, to save up enough money to open up a medical clinic, which she did after 12 years, and she now still runs in her 19th year. They have two children together. Born in Nanjing, China, Xu moved with his family to America at the age of five. They are in relation from previous few years of a strong relationship. Notify me of follow-up comments by email. 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. 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. His answer revealed the personal philosophy that drives his success. In 2021, Xu and his wife signed the Giving Pledge. [4] It also has a 60% market share in the convenience delivery category. He is also the CEO of a travel company called Hopper. On this Wikipedia the language links are at the top of the page across from the article title. He is around35 years old [Not Confirmed] as of 2020. In 2022, a tentative settlement was reached in which DoorDash would pay $100 million total, with $61 million going to over 900,000 drivers, paying out just over $130 per driver, and $28 million for the lawyers. Tony Xu: Daily Routine. More at IMDbPro Contact Info: View agent, publicist, legal on IMDbPro. Without future ado, let's learn more about Tony Xu. 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. He depicts himself as an avid ball fan and lets his ability to teach English to the game and the media. A year later, he decided he'd had enough of trying to teach his classmates and teachers how to pronounce his name. [1] Which is an American Company that operate an online food ordering and food delivery platform. Chart Data in Insider Trading History Table. Xu was born in China but moved to the US with his family when he was 4. Tony Xu has not been actively trading shares of DoorDash over the course of the past ninety days. In the past Mr. Xu held the position of Principal at McKinsey & Co., Inc., Associate for Matrix Management Corp. and Principal at RedLaser. 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 stands 1.69 m tall and weighs 72 kg. The IPO of DoorDash in 2020 increased Tonys net worth to this level. Xu enjoys running and has previously competed in marathons. Tony Xu is married and his wife is named Patti. 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. 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. He has an extremely effective life both in family and profession. History. Do Not Sell or Share My Personal Information. [28] That month, DoorDash became the fastest growing food delivery service. Starting with restaurants, DoorDash is building the infrastructure and logistics platform to allow any local merchant to deliver. But he hasnt done it with a traditional method. [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. Tony Xu (born Xu Xun, 1983/1984) is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. 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. The company was formerly known as Palo Alto Delivery Inc. and changed its name to DoorDash, Inc. in 2015. He came with his parents from Nanjing, China, in 1989, when he was five, with only $300 in their pockets, but unlimited . [11][12][13], In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. Ill usually go to the Marin Headlands or somewhere in nature. [40], DoorDash began expanding into international markets in 2015, launching in Toronto, Canada. . "[77] DoorDash and GrubHub denied the suit's merits. Actor: In the Mood for Love. 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 . He is Chinese by Nationality. His height is 1.69 m, and he weighs 72 kg. [45] In June 2022, the company expanded into the Wellington Region of New Zealand. The shares were sold at an average price of $141.90, for a transaction totalling $11,352,000.00. NPR. [37] The company was sued by Lona's Lil Eats in St. Louis, with the lawsuit claiming that DoorDash had listed them without permission, then prevented any orders to the restaurant from going through and redirecting customers to other restaurants instead, because Lona's was "too far away," when in reality it had not paid DoorDash a fee for listing. January 11, 2022. Mr. Xu is currently 38 years old. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. [76][8], In August 2021, the city of Chicago sued DoorDash and GrubHub. Cofounders Andy Fang and Stanley Tang, who Xu met while they . Truth be told, I find it hard to blame them. "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? Tony Xu, DoorDash. He started DoorDash to help small . Rate the pronunciation difficulty of Tony Xu. 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. 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. Tony Xu is known for Entrapment (1999), Spy Game (2001) and On Dangerous Ground (1996). Fittingly, Tony Xu, now 35, would end up being "the boss" himself. 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. . "Full Q&A: DoorDash CEO Tony Xu and COO Christopher Payne on Recode Decode". DoorDash, Inc. was incorporated in 2013 and is headquartered in San Francisco, California. Xu has crammed a lot into an incredibly short space of time. Very difficult. Before Starting DoorDash, Tony has worked in a few prominent companies like Product at Squareand McKinsey and Company. If you know some information, please comment below. DoorDash exists today to empower those like my Mom who came here with a dream to make it on their own. [62][63], A DoorDash customer filed a class action lawsuit against the company for its "materially false and misleading" tipping policy. Initially, Tony along with his classmates started with an Idea of food-delivery app which will help small business owners. October 26th, 2022, 2:06 PM PDT. His father was a Chinese teacher who earned a Ph.D. in aeronautical engineering and applied mathematics from the University of Illinois at Urbana-Champaign in the United States of America. ", "2021 Edison Trends U.S. He is around 35 years old [Not Confirmed] as of 2020. Tony Xu CEO & Co-Founder. January 31, 2021. He was named to Fortunes 40 Under 40 rundown in 2020. His family moved to USA in 1980s and his mother also started a Chinese Restaurant. So, naturally enough, he decided to change it. Mr. Xu owns 80,000 shares of DoorDash stock worth more than $4,372,800 as of February 28th. Most recently, Tony Xu sold 80,000 shares of the business's stock in a transaction on Tuesday, January 11th. He and his co-founders started DoorDash to help local businesses like that restaurant succeed. He was interviewed by Joy Huang, MBA '21, on February 9, 2021 as part of the View From The Top speake. 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. Getting to where he is currently was not a walk in the park. A year later, he decided hed had enough of trying to teach his classmates and teachers how to pronounce his name. 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