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. [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. Tony Xu is a Chinese-American billionaire businessman, and the co-founder and chief executive officer of DoorDash. 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. [5] In 1989, his parents immigrated to Champaign, Illinois. His answer revealed the personal philosophy that drives his success. Xu was born in Nanjing, situated in China. Xu was born in Nanjing, China. He and his co-founders started DoorDash to help local businesses like that restaurant succeed. Without future ado, let's learn more about Tony Xu. Mr. Xu is currently 38 years old. 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. Additionally, Mr. Xu receives an annual salary of $300,300.00 as CEO at DoorDash. Getting to where he is currently was not a walk in the park. 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. Born prematurely in Nanjing, China, his parents decided to name him "Xun . He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. Learn how your comment data is processed. We have no more information about his spouse. But we are trying hard to collect all the information about him and will update you soon. 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. But it's too early to write off Klarna. He completed his BS at UC Berkeley in Industrial Engineering and Operations Research. 0. This net worth approximation does not reflect any other investments that Mr. Xu may own. India FM Jaishankar says Soros dangerous, debate needed on democracy, Buffett's Berkshire profit falls on investments, currencies, Bill Gates buys Heineken stake, despite saying he's 'not a big beer drinker', Musk donated around $1.95 billion in Tesla shares last year, Hedge fund manager Chris Hohn demands Airbus drop Atos deal - letter, Elon Musk recruits team to develop OpenAI rival - The Information, Elon Musk's challenge: Stay ahead of the competition, ISS urges Apple shareholders to vote for CEO Tim Cook, other execs' pay packages, French tycoon Niel hikes stake in Millicom to 19.6%, Elon Musk accuses media of racism after newspapers drop 'Dilbert' cartoon, Transcript : DoorDash, Inc., Q4 2022 Earnings Call, Feb 16, 2023, DoorDash's Slowing Core Order Growth in US 'Too Important to Ignore' as RBC Downgrades, Cuts Price Target, DoorDash Downgraded by RBC to Sector Perform From Outperform, Price Target Cut to $60 From $70 Amid Order Growth Concerns, DoorDash cuts 1,250 jobs to control ballooning costs, DoorDash Remains Focused on Long-Term Opportunity, Goldman Says After Quarterly Revenue Beat. [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. Very difficult. In the past Mr. Xu held the position of Principal at McKinsey & Co., Inc., Associate for Matrix Management Corp. and Principal at RedLaser. Xu keeps his position as CEO and claims about 5% of the organization. He is known for being the co-founder and chief executive officer (CEO) of his company DoorDash. Growing up, his mom worked as a server at a Chinese restaurant. [1][7] He has voting authority over all Class B shares, giving him control of DoorDash with 69 percent of the voting interest, as of December 2020. Its her story that provided the inspiration for Xus decision to launch DoorDash. 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 Xu has stated that the eating activities of his foreign guardians, especially his mothers, influenced the making of DoorDash. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. [28] That month, DoorDash became the fastest growing food delivery service. 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? DoorDash is America's largest food delivery service. Tony Xu returned to the governing body of Meta Platforms in January 2022. 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 . In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. He is also the CEO of a travel company called Hopper. Born in Nanjing, China, Xu came to America with his parents and grew up working . Xu was born in China and moved to the U.S. at age 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. Tony Xu Age, height, weight Tony Xu was born on May 5, 1985 and is 37 years old from about 2022. I run in the mornings two or three times during the week, and both days on the weekend, he tells sequoiacap.com. Meta Platforms, Inc. [74], On May 4, 2019, DoorDash confirmed 4.9 million customers, delivery workers and merchants had sensitive information stolen via a data breach. They sold a total of 800,309 shares worth more than $63,347,607.21. The corporate mailing address for Mr. Xu and other DoorDash executives is , , . He is Chinese by Nationality. [75], In July 2021, DoorDash drivers went on strike to protest lack of tip transparency and to ask for higher pay. To get the insight scoop, Xu decided to take a job as a delivery driver with Dominos Pizza. [11][12][13], In January 2013, they launched PaloAltoDelivery.com in Palo Alto, California. He was appointed board chair in November 2020. Tony Xu is focused on DoorDash's long-term vision. The Mandarin is just one of the . More at IMDbPro Contact Info: View agent, publicist, legal on IMDbPro. "As a recently IPOed company, DoorDash has failed to provide a governance . He was photographed at Monster Pho in Oakland. 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. Starting with restaurants, DoorDash is building the infrastructure and logistics platform to allow any local merchant to deliver. 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. Tony Xu at Bloomberg News "DoorDash: Tony Xu". [5] Xu continues to be CEO, and owns an approximately five percent stake in the company. Tony Xu's Phone Number and Email Last Update. [25] He and his wife Patti met at church while they were undergraduates at Berkeley and married in 2013; the couple have two children. DoorDash has 12 members of its Management Team, which are its top executives, including CEO Tony Xu. CEO of DoorDash. Cofounders Andy Fang and Stanley Tang, who Xu met while they . Name. Tony Xu Net Worth - DoorDash CEO Salary. 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. Its less than 10 seconds watch it here. Tony Xu, 33, is a co-founder and chief executive of the DoorDash on-demand food-delivery start-up. 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. Xu enjoys running and has previously competed in marathons. There are 6 older executives and no younger executives at DoorDash. What are the age, height, and weight of Tony Xu? He eventually settled on Tony after actor Tony Danza, who at the time was starring in Xus favorite TV show, Whos the Boss?. They have two children together. 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. [83], In terms of delivery, DoorDash has an algorithm that plans routes automatically and can choose a faster route. On this Wikipedia the language links are at the top of the page across from the article title. Career. Even more astonishingly, hes still only 35 years old. [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. Let's connect! 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 . Insiders at DoorDash own 12.1% of the company. 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 . 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]. 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. Among the questions asked was an inquiry into what advice hed offer young entrepreneurs looking to begin their own startups. Truth be told, I find it hard to blame them. 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. 2 /5. [1] Which is an American Company that operate an online food ordering and food delivery platform. He describes himself as an avid basketball fan and attributes his ability to learn English to the game and the media. His ethnicity is Asian. Learn More on Tony Xu's contact information. Before Starting DoorDash, Tony has worked in a few prominent companies like Product at Squareand McKinsey and Company. Last week, Murdaugh took the witness stand to deny he was the one to pull the trigger. The oldest executive at DoorDash is Mr. Christopher D. Payne, Pres & COO, who is 54 years old. Tony Leung Chiu Wai was born in Hong Kong on 27 June 1962. He started DoorDash to help small . Download it now on Amazon. His mother was the inspiration for DoorDash, 6. [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. We have no more Information about his Father; we will try to collect information and update soon. He continued from the University of California, Berkeley, and then concentrated on business at Stanford University Graduate School of Business. [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. The company is based in San Francisco, California. Liked by Tony Xu. 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). Across America, smaller cities and less-populated states are offering cash and perks to lure remote workers away from big metropolitan areas. $.post('https://www.wikifamouspeople.com/wp-admin/admin-ajax.php', {action: 'mts_view_count', id: '533655'}); [46], The company expanded its service offerings in 2020, adding grocery delivery initially in California and the Midwest in August 2020. October 26th, 2022, 2:06 PM PDT. The company also said it had changed the default drop-off option to contactless delivery. [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 Social Media Accounts; Tony Xu's net worth, wiki, bio, career, height, weight, pics, family, affairs, car, salary, age, facts, and other details in 2022. Tony Xu Biography and Net Worth. In 2013, he co-founded DoorDash, the on-demand food delivery company that on Wednesday announced it had filed for an IPO . So, naturally enough, he decided to change it. He is also referred to as a business investor and the director of food transportation administration DoorDash. About Tony Xu. His testimony, including admissions that he stole money, is likely to hurt him in future trials. It just means a really, really high standard. But later he immigrated to the United States with his parents when he was five years old. 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. DoorDash had its IPO in December 2020[2][3] making Xu's net worth an estimated $2.8 billion as of April 2021. [38], In August 2022, DoorDash announced it would end its partnership with Walmart in September, ending the companies' cooperation agreement from 2018. (Podcast). Xu married his wife Patti shortly after launching DoorDash. Stern, Joanna (December 13, 2019). Experience. One needs to be proactive before making investment decisions to avoid making a wrong decision. The Estimated Net worth is $80K USD $85k. BIOGRAPHY/Wiki. We started the company to really help small businesses, people like my mom, hes explained to vox.com. 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. Price Range (last 24 months) None Reported. Tony Xu, who was born on May 5, 1985, is 37 years old as of today, August 9, 2022. 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. He has voting rights over all Class B resources, giving Xu 69% democratic command over DoorDash as of December 2020. This chart shows Tony Xu's buying and selling at DoorDash by year and by quarter. Too much a liability for any self-respecting University, Xu was unemployable upon release. Bloomberg Daybreak, anchored from New York, Boston, Washington DC and San Francisco provides listeners with everything they need to know. In the last year, insiders at the sold shares 40 times. But in 2020, he was one of the highest paid CEOs in the Silicon Valley, making about 414 million USD in total compensation. DoorDash, which employs about 350 people, is based in San Francisco. January 11, 2022. Learn More on Tony Xu's trading history. [16][17][18], In January 2022, Tony Xu joined the board directors of Meta Platforms. Also, we have no idea about his brother and sister, and we dont know their names either. 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. Recode. Tony Xu (born Xu Xun, 1983/1984) is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. Learn More on DoorDash's active insiders. [24], Xu lives in San Francisco. Dr. Tony Xu was a brilliant researcher who rose to prominence at the University of Hong Kong. Tony Xu's . The result was DoorDash, a company thats grown from tiny beginnings into the USs leading third-party food delivery provider. In 1989, his parents relocated to Champaign, Illinois, in the United States of America. The IPO of DoorDash in 2020 increased Tonys net worth to this level. He is around 35 years old [Not Confirmed] as of 2020. Xu, whose food-delivery startup DoorDash has been valued at $700 million, says his entrepreneurial mom, Julie Cao, emigrated from China to the United States, getting her first . As the CEO of DoorDash, Inc., Mr. Xu earned a total compensation package of $300,297.00 in 2021. History. [10][70][71][72][73] Although several preliminary documents in the case have now been filed, a trial date has not yet been set. Join Facebook to connect with Tony Xu and others you may know. So, whats his favorite way to clear his mind? As a first-generation American who grew up working in his mom's restaurant, Xu started DoorDash to help small business owners succeed. [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. Xu has crammed a lot into an incredibly short space of time. "Our new Managing Directors represent the best of our firm's dedication to excellence, leadership and client service, and . 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]. Xu Wenwu was the legendary leader of the Ten Rings, named after his ancient weapons. DoorDash can also be reached via phone at 650-487-3970 and via email at [emailprotected] Learn More on Tony Xu's contact information. "In the Elevator With DoorDash CEO Tony Xu". Tony Xu Biography Xu was born in the Chinese city of Nanjing on May 5, 1985. Notify me of follow-up comments by email. [14] In the summer of 2013, it received $120,000 in seed money from Y Combinator in exchange for a 7% stake. DoorDash, Inc. was incorporated in 2013 and is headquartered in San Francisco, California. It incorporated as DoorDash in June 2013. CEO Tony Xu told employees that 1,250 corporate workers would be let go as part of a broader cost-cutting initiative. [13][15], In December 2018, DoorDash overtook Uber Eats to hold the second position in total US food delivery sales, behind GrubHub. Exp Realty. He hails from Nanjing, China. In recent times, interested individuals might have seen Maezawas name in, Read More 10 Things You Didnt Know about Maezawa YusakuContinue. [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. [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. Tony worked in Product at Square, led special projects for the CEO and CFO at eBay, and began his career at McKinsey and Company. DoorDash CEO Tony Xu and co-founders Andy Fang and Stanley Tang have joined the billionaires club. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. Despite the pressure of running DoorDash, Xus priority is clearly his family. Hear the latest economic, business and market news, as well as global, national, and local news. He is around35 years old [Not Confirmed] as of 2020. DoorDash co-founder and CEO Tony Xu has joined Meta's board of directors, the Facebook parent company announced on Tuesday. Xu, who was born in Nanjing, China, traveled to the United States of America with his family when he was five years old. The experience proved invaluable, as he later discussed with davidsnotes.substack.com. [5][26], Xu enjoys running and used to participate in marathons. He joined Invisible to gain personal protection while continuing his research. Prior to the move, Xus mother had practiced medicine. Spotting a gap in the market, Xu and his fellow Stanford classmates, Stanley Tang, Andy Fang, and Evan Moore, set out to fill it. As of 2023, the estimated net worth of Tony Xu ranges between 1.5-2.5 billion USD. Changs China Bistro and Dunkin Donuts, while also championing corner restaurants like the one Xu grew up in. [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. He has a very business-oriented mindset and continues to make money using his knowledge and skillset. Tony Xu (DoorDash CEO) Wiki, Biography, Age, Family, Facts and More, Andrew Carnegie Wiki, Biography, Net Worth, Age, Family, Facts and More. [45] In June 2022, the company expanded into the Wellington Region of New Zealand. 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. They are in relation from previous few years of a strong relationship. 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. NPR. Tony Xu's Height, Weight & Body Measurement. [76][8], In August 2021, the city of Chicago sued DoorDash and GrubHub. 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. "[77] DoorDash and GrubHub denied the suit's merits. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of four. Shark Biography. Pulling on a pair of sneakers and hitting the pavements. 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 . Title. He earned degrees from the University of California, Berkeley and Stanford University 's Graduate School . Xu met his co-founders at Stanford. [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. "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? [42][43] In 2021, the company expanded its service area to Sendai, Japan in June[44] and Stuttgart, Germany in November. 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. This was to rein in expenses. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. The guest shark Tony Xu is a Chinese-American billionaire and a businessman, who was born in 1983. Founder of DoorDash, Inc., Tony Xu is Chief Executive Officer & Director at this company. Ill usually go to the Marin Headlands or somewhere in nature. Now, his relationship is perfect. 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