tony xu biography 21 Nov tony xu biography

All Rights Reserved. "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 is one of our co-founders and has served as our Chief Executive Officer and as one of our directors since May 2013. Price Range (last 24 months) None Reported. Xu was born in Nanjing, situated in China. 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? Xu has stated that the eating activities of his foreign guardians, especially his mothers, influenced the making of DoorDash. 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. It was founded in 2012. Since. Unfortunately, her medical license wasnt recognized in the US and she was forced to give up her career to work in a restaurant instead. He is also the CEO of a travel company called Hopper. [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. In 2021, Tony Xu earned a modest annual compensation of around 300,000 USD. [80] As of September 2021, Project DASH operated in more than 900 cities and had delivered more than 15 million meals. Tony Chiu-Wai Leung. It is a Platform where Influencers can meet up, Collaborate, Get Collaboration opportunities from Brands, and discuss common interests. DoorDash had its IPO in December 2020[2][3] making Xu's net worth an estimated $2.8 billion as of April 2021. CEO Tony Xu told employees that 1,250 corporate workers would be let go as part of a broader cost-cutting initiative. January 11, 2022. View the profiles of people named Tony Xu. It delivers meals and more from 390,000 restaurants and other merchants like CVS. [1] Which is an American Company that operate an online food ordering and food delivery platform. See full bio . We have no more information about his spouse. DoorDash has 12 members of its Management Team, which are its top executives, including CEO Tony Xu. 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. Insiders at DoorDash own 12.1% of the company. In 2013, Xu co-founded DoorDash with Stanford classmates Andy Fang, Evan Moore, and Stanley Tang. In February 2021, 55% of DoorDash's drivers were women. He is known for being the co-founder and chief executive officer (CEO) of his company DoorDash. Tony Xu: Daily Routine. Tony Xu Biography. NPR. Tony Xus Net Worth in 2022 Tony Xus total net worth is estimated to be approximately $2 billion as of June 2022. [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 1982, after passing the training courses of TVB, Tony became a TV actor and became famous for his comedy style in such TV shows as Tales of a Eunuch (1983) or The. [76][8], In August 2021, the city of Chicago sued DoorDash and GrubHub. 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. Also, we have no information about his son and daughter. In 2012, this meeting was the predecessor of the transport organization PaloAltoDelivery.com. [70][71][72][73] The lawsuit seeks treble damages, including for overcharges, since April 14, 2016 for dine-in and delivery customers in the United States at restaurants using the defendants delivery apps. Tony Xu, CEO of DoorDash, is the Business Times' 2021 Executive of the Year. Tony Xu is married and his wife is named Patti. Xu was born in Nanjing, China. [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. Xu enjoys running and has previously competed in marathons. Born prematurely in Nanjing, China, his parents decided to name him "Xun . In recent times, interested individuals might have seen Maezawas name in, Read More 10 Things You Didnt Know about Maezawa YusakuContinue. On this Wikipedia the language links are at the top of the page across from the article title. His real name is Xu Xun. Xu was born in China and moved to the U.S. at age five. In the last year, insiders at the sold shares 40 times. Wiki, Biography, Age, Spouse, Net Worth, Fast Facts. Recurring Shark. Mark Zuckerberg, founder and CEO of Meta, said, "Tony has built a great service for millions of people to get food and more from hundreds of thousands of restaurants and . There are 6 older executives and no younger executives at DoorDash. So, whats his favorite way to clear his mind? Fighting for the underdog is part of who I am and what we stand for as a company. My least favorite thing to do is the laundry, he tells lifehacker.com. He stands 1.69 m tall and weighs 72 kg. 2 /5. . As of 2020, it holds the largest market share in the USA. He eventually settled on Tony after actor Tony Danza, who at the time was starring in Xus favorite TV show, Whos the Boss?. When a customer added a tip, instead of going directly to the driver, it first went to the company to cover the guaranteed minimum. [14] In the summer of 2013, it received $120,000 in seed money from Y Combinator in exchange for a 7% stake. [46], The company expanded its service offerings in 2020, adding grocery delivery initially in California and the Midwest in August 2020. Former England defender Rio Ferdinand says not enough is being done to combat online abuse and hate speech. [25] He and his wife Patti met at church while they were undergraduates at Berkeley and married in 2013; the couple have two children. Leadership is all about finding the best talent and making an. Xu Wenwu was the legendary leader of the Ten Rings, named after his ancient weapons. Born in China, Tony came to America with his parents and grew up working in his mom's restaurant. But it's too early to write off Klarna. Mr. Xu earned a salary of $300,000.00, and other compensation of $297.00.There are 3 executives that earn more than Mr. Xu. Stern, Joanna (December 13, 2019). We learned a couple of interesting observations, he said. Get notified the next time Tony Xu buys or sells DoorDash stock. Tony Xu (born Xu Xun, 1983/1984) is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. Master of Business Administration, Stanford Graduate School of Business; Bachelor of Arts/Science, University of California, Berkeley. We have no information about his girlfriend/boyfriend. 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. 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. [5][26], Xu enjoys running and used to participate in marathons. Earlier in his career, Xu interned at Square, Inc., and worked for . 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. 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. [39], In late November 2022, DoorDash announced plans to layoff 1,250 corporate employees, or about six percent of their workforce. [36], In May 2021, DoorDash was criticized for unauthorized listings of restaurants who had not given permission to appear on the app. Before Starting DoorDash, Tony has worked in a few prominent companies like Product at Squareand McKinsey and Company. Tony Xu Biography and Net Worth. The friendship would later take on a professional bent when they joined forces to found DoorDash in 2013. (1 Vote) Very easy. 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. 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. DoorDash launched in Palo Alto and, as of May 2019, had expanded to more than 4,000 cities and offered a 340,000 selection of stores across the US and Canada. CtW Investment Group has written a letter to DoorDash shareholders asking them to reject the reelection of Tony Xu to the DoorDash board of directors.. Xu is the co-founder, chairman and CEO of DoorDash and the only board member up for reelection during the company's upcoming shareholder meeting, set for June 22. Its a company that focuses on direct to consumer delivery of modern furniture that is reasonably priced in original designs. Starting with restaurants, DoorDash is building the infrastructure and logistics platform to allow any local merchant to deliver. This week, food delivery giant DoorDash went public, seeing its share price skyrocket to $189 within days. Learn More on Tony Xu's trading history. 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 . When DoorDash went public in early 2021, its valuation soared to US$32 billion. What are the age, height, and weight of Tony Xu? 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It operates DoorDash marketplace, which provides an array of services that enable merchants to solve mission-critical challenges, such as customer acquisition, delivery, insights and analytics, merchandising, payment processing, and customer support; and offers DoorDash Drive, a white-label logistics service; DoorDash Storefront that enables merchants to offer consumers on-demand access to e-commerce. Xu keeps his position as CEO and claims about 5% of the organization. He was caught after one too many 'exploratory' trips into K&O servers, and spent time in a detention center as a result. Read More . Tony Xu hasn't provided a bio yet. [1][7] Initially, he and other DoorDash employees completed food deliveries. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. 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 . Hes been named to Fortunes 40 under 40, 7. According to a filing made public Monday, DoorDash plans to list 33 million shares, at a price range between $75 to $85 per share. DoorDash grew out of their conversations with merchants, asking what hurdles they faced in growing their own businesses. In the wake of watching the American TV series Whos the Boss?, in which Tony Danza takes on the role of Tony Micelli, he authoritatively changed his family name from Xu Xun to Tony Xu. 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. 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. On this Wikipedia the language links are at the top of the page across from the article title. DoorDash's initial public offering in 2020, which Xu has been credited for leading,[12] made him a billionaire at the age of 36. Meta Platforms, Facebook's freshly-minted parent company, named DoorDash co-founder and Chief Executive Officer Tony Xu to its board of directors on Tuesday. In 2013, he married his wife, Patti Xu, in church. Let's connect! Their hope is to make investments that will give dreamers and doers particularly those that are underfunded or are playing from behind the encouragement and luck necessary to maximize their potential and positively impact the world. [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. Tony Xu is focused on DoorDash's long-term vision. 9 months. Tony Xu (I) Tony Xu. Editor's note: Last . He has an extremely effective life both in family and profession. The guest shark Tony Xu is a Chinese-American billionaire and a businessman, who was born in 1983. He holds a B.S. Tony Xu's . Mr. Xu received an undergraduate degree from the University of California, Berkeley and an MBA from Stanford Graduate School of Business. 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. She later opened acupuncture and health centers in Champaign and the San Francisco Bay Area. But later he immigrated to the United States with his parents when he was five years old. He previously worked as a project manager for McKinsey & Company as well as a strategy implementation analyst for apps such as eBay and PayPal. Spoken Languages. On Daily Routines, we profile successful leaders, entrepreneurs, artists, executives and athletes to explore their routines, schedules, habits . 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. As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. Tony Xu. Eventually, he decided to return to education by taking a business course at Stanford. January 31, 2021. Frederic Lalonde is a North American businessman and entrepreneur. 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. 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. Tony Xu Net Worth - DoorDash CEO Salary. Tony Xu at Bloomberg News "DoorDash: Tony Xu". Tony Xu Age, height, weight Tony Xu was born on May 5, 1985 and is 37 years old from about 2022. Tony Xu is known for Entrapment (1999), Spy Game (2001) and On Dangerous Ground (1996). Born in Nanjing, China, Xu came to America with his parents and grew up working in a restaurant alongside his mom. DoorDash co-founder and CEO Tony Xu has joined Meta's board of directors, the Facebook parent company announced on Tuesday. Johnson, Eric (January 9, 2019). It helps me regulate my mind and body, which I think is why the habit stuck. 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. Do you wanna know the Tony Xu's full Biodata? After graduating, he spent several years working in tech with the likes of McKinsey and eBay. He has a date night with his wife every Friday, 10 Things You Didnt Know About Frederic Lalonde, 10 Things You Didnt Know About Maria Rioumine, 10 Things You Didnt Know about Anand Sambasivan, 10 Things You Didnt Know About Aamir Baig, 10 Things You Didnt Know about Gary Gysin, 10 Things You Didnt Know about Maezawa Yusaku, he later discussed with davidsnotes.substack.com, How Bebe Rexha Achieved a Net Worth of $10 Million, The 20 Worst Cities for Human Trafficking in the World, How Simu Liu Achieved a Net Worth of $4 Million, The 20 Best Chevy Muscle Cars of All-Time, How Lizzo Achieved a Net Worth of $40 Million. Xu was born in the Chinese city of Nanjing on May 5, 1985. The company is based in San Francisco, California. [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. 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 . DoorDash is America's largest food delivery service. DoorDash CEO Tony Xu says drivers don't want to give up the flexibility afforded by their independent-contractor status. The One Ticker Retirement Plan Over the Shoulder Demo Now Available, Market Wizard Larry Benedict crushed the market in 2022. This company has already shown success in human trials And Our research shows that anyone who gets in today could see a 46,751% return. He was photographed at Monster Pho in Oakland. It would be the same household chore thats a bugbear for the rest of us. DoorDash can also be reached via phone at 650-487-3970 and via email at [emailprotected] Learn More on Tony Xu's contact information. They are in relation from previous few years of a strong relationship. Tony Xu. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. founded by Stanford students Tony Xu, Stanley Tang, Andy Fang and Evan Moore. He joined Invisible to gain personal protection while continuing his research. In the summer of 2013, it received $120,000 in seed money from Y . For most establishments, the costs of delivering food from their door to the customers made it unviable. October 26th, 2022, 2:06 PM PDT. 2023 Forbes Media LLC. Actor: In the Mood for Love. 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. He is around35 years old [Not Confirmed] as of 2020. Name. We cant say their name. Rate the pronunciation difficulty of Tony Xu. 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. Others named Tony Xu. 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. Drivers then only directly received the part of the tip that exceeded the guaranteed minimum per order. His Girlfriend/boyfriends name is Not Available. Back in 2018, Xu took part in a question/ answer session at Quora (https://www.quora.com/profile/Tony-Xu). [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. Written by hao. ", "2021 Edison Trends U.S. Market in 2022 in family and profession Xu earned a modest annual compensation around. His foreign guardians, especially his mothers, influenced the making of,! 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A modest annual compensation of $ 297.00.There are 3 executives that earn more 15..., Joanna ( December 13, 2019 ) Larry Benedict crushed the market in 2022 Available, Wizard...

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