# Tony Xu

> Tony Xu is the co-founder and CEO of DoorDash, the food delivery giant commanding roughly 60% of the U.S. market. Born Xu Xun in Nanjing, China, he immigrated to the United States at age four, grew up washing dishes alongside his mother, and turned that lived understanding of the service economy into a company now valued near $100 billion. He led DoorDash through its blockbuster 2020 IPO, the $8.1B acquisition of Wolt, and the $3.9B acquisition of Deliveroo, while also serving on Meta's board of directors.

- **Role:** Co-founder and CEO at DoorDash
- **Organizations:** DoorDash, Meta Platforms (board), Silicon Valley Chinese Association Foundation, TechNet
- **From:** Nanjing, China
- **Nationality:** American (Chinese-born)
- **Education:** BS, Industrial Engineering and Operations Research, UC Berkeley, MBA, Stanford Graduate School of Business
- **Known for:** Co-founded DoorDash, now commanding ~60% of U.S. food delivery market, Led DoorDash's December 2020 IPO, raising $3.4 billion, Became a billionaire at age 36

## Career timeline

- **1983-1984** — Born Xu Xun in Nanjing, China
- **~1988** — Immigrated to the United States at age four with parents
- **Early years** — Worked as dishwasher alongside his mother at a Chinese restaurant
- **~2005** — Graduated UC Berkeley with BS in Industrial Engineering
- **2005-2011** — Worked at McKinsey & Company, eBay, PayPal, Square, and RedLaser
- **2011** — Enrolled at Stanford Graduate School of Business
- **2012** — Co-founded PaloAltoDelivery.com with Stanford classmates Andy Fang, Evan Moore, Stanley Tang
- **2013** — Officially founded DoorDash; received MBA from Stanford
- **2016** — Navigated DoorDash through near-bankruptcy with less than one month of runway
- **2020** — Led DoorDash's IPO at $102/share, raising $3.4B; became billionaire at age 36
- **2020** — Named to Fortune's 40 Under 40
- **2022** — Joined Meta Platforms board of directors
- **2022** — DoorDash acquired Wolt for $8.1 billion
- **2025** — DoorDash acquired Deliveroo for $3.9 billion; achieved first full-year GAAP profitability ($935M net income)
- **2026** — Listed on Forbes 'Self-Made 250: The Greatest Living Self-Made Americans'

## Achievements

- Co-founded DoorDash, now commanding ~60% of U.S. food delivery market
- Led DoorDash's December 2020 IPO, raising $3.4 billion
- Became a billionaire at age 36
- Named to Fortune's 40 Under 40 (2020)
- Oversaw $8.1B acquisition of Wolt (2022) and $3.9B acquisition of Deliveroo (2025)
- Served on Meta Platforms board of directors
- DoorDash achieved first full-year GAAP profitability in 2025 ($935M net income)
- Signatory to the Giving Pledge with wife Patti
- Listed on Forbes 'Self-Made 250: The Greatest Living Self-Made Americans' (2026)
- Q2 2025 earnings: $3.28B revenue (up 25% YoY), 761M orders (up 20% YoY)

## Latest updates

- **2026-04** — Listed on Forbes 'Self-Made 250: The Greatest Living Self-Made Americans'
- **2025-08** — DoorDash reached $100B valuation; DoorDash acquired Deliveroo for $3.9B
- **2025-07** — DoorDash reported Q2 2025 revenue of $3.28B (+25% YoY) and 761M orders (+20% YoY)
- **2025-01** — DoorDash achieved first full-year GAAP profitability with $935M net income
- **2025-03** — Tony Xu appeared on Y Combinator podcast discussing DoorDash's origin and customer obsession
- **2025-09** — Tony Xu spoke at Fortune CFO event on M&A strategy

## Links

- LinkedIn: https://www.linkedin.com/in/xutony/
- Twitter/X: https://x.com/t_xu

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Profile page: https://yespress.io/tony-xu
Published by YesPress — https://yespress.io
Last updated: 2026-05-06