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In November 2020, DoorDash announced the opening of its first physical restaurant location, partnering up with Bay Area restaurant Burma Bites to offer delivery and pick-up orders. [32] [33] On December 9, 2020, the company became a public company via an initial public offering, raising $3.37 billion. [34] [4] [35]
Tony Xu (born Xu Xun, 1983/1984) [1] is a Chinese American billionaire businessman and the co-founder and CEO of DoorDash.Xu was born in Nanjing and immigrated to the United States with his parents at the age of four.
Andy Fang (born 1992 [citation needed]) is an American billionaire tech entrepreneur.He is best known as the co-founder and Chief Technology Officer at DoorDash, [1] [2] which he started along with Stanley Tang, Tony Xu and Evan Moore in 2013.
Stanley Wei Rui Tang (born 1992) is a Hong Kong-born American billionaire tech entrepreneur. He is best known as the co-founder and Chief Product Officer at DoorDash, [1] which he started along with Tony Xu, Andy Fang and Evan Moore in 2013.
In April 2020, a group of New Yorkers sued DoorDash, GrubHub, Postmates, and Uber Eats, accusing them of using their market power monopolistically by only listing restaurants on their apps if the restaurant owners signed contracts that include clauses that require prices to be the same for dine-in customers as for customers receiving delivery.
Every investor in DoorDash, Inc. ( NYSE:DASH ) should be aware of the most powerful shareholder groups. Insiders often...
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