Tony Xu news and trends

DoorDash Reports Record-High Orders as Consumers Seek Digital Solutions, Convenience
Earnings // May 01, 2024

DoorDash set new company records across several metrics in the first quarter as it continued to expand its services into new segments of the local retail economy. The on-demand delivery aggregator set new quarterly records for total orders, total dollar value of orders completed on its...

DoorDash Looks to Grow Beyond US and Beyond Restaurants
Delivery // January 02, 2024

DoorDash is reportedly aiming to diversify beyond meal deliveries to diners in the U.S. “The two largest areas of investment are expansion and penetration outside of the U.S., as well as the same outside of restaurants,” CEO Tony Xu said in an interview with the Financial Times (FT)...

DoorDash CEO Calls Out Instacart Amid Aggregator’s Own eGrocery Push
eCommerce // September 06, 2023

As DoorDash pushes to grow its share of online grocery, Tony Xu, CEO of the San Francisco-based aggregator, is reportedly casting doubt on Instacart in the leadup to the rival’s planned initial public offering (IPO). According to Barron’s, Xu said Tuesday (Sep. 5) at Goldman...

DoorDash Staff Cuts Underscore Consumer Delivery Pullback
Delivery // November 30, 2022

DoorDash is the latest casualty of surging costs and changing consumer tastes. As reported Wednesday (Nov. 30), the food delivery aggregator said it was laying off 1,250 staffers, which equates to about 14% of its worldwide roster. In the announcement posted on its site, CEO...

Quick Reads
DoorDash Hires Ex-Amazon Exec and Explores Digital Storefronts

July 28, 2024
DoorDash has reportedly hired an ex-Amazon executive to help its continued expansion beyond restaurant deliveries. Parisa Sadrzadeh, who has also worked as Flexport’s vice president for small and midsize business and omnichannel fulfillment, will be DoorDash’s new vice president of strategy and operations, The Information reported Friday (July 26), citing a company spokesperson. The report […]

DoorDash Reports Record-High Orders as Consumers Seek Digital Solutions, Convenience

May 01, 2024
DoorDash set new company records across several metrics in the first quarter as it continued to expand its services into new segments of the local retail economy. The on-demand delivery aggregator...

DoorDash Looks to Grow Beyond US and Beyond Restaurants

January 02, 2024
DoorDash is reportedly aiming to diversify beyond meal deliveries to diners in the U.S. “The two largest areas of investment are expansion and penetration outside of the U.S., as well as the...

Postmates And DoorDash Considering Teaming Together

April 09, 2018
Two of the largest restaurant delivery startups in the U.S. are considering a merger in an attempt to take on their biggest rivals. Multiple sources have told Recode that the...