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DoorDash
DoorDash, Inc. is an American company operating online food ordering and food delivery. It trades under the symbol DASH. With a 56% market share, DoorDash is the largest food delivery platform in the United States. It also has a 60% market share in the convenience delivery category. As of December 31, 2020, the platform was used by 450,000 merchants, 20 million consumers, and had over one million delivery couriers. Founded by Tony Xu, Andy Fang, and Stanley Tang, DoorDash made its debut on the ''Fortune'' 500 list in 2024, ranking #443. DoorDash has been sued for and/or held legally liable for withholding tips, reducing tip transparency, antitrust price manipulation, listing restaurants without permission, misclassifying workers, withholding sick time, and illegally selling personal data. Outside the United States, DoorDash and its European subsidiary Wolt have operations in a combined total of 32 other countries as of the end of 2024. History In January 2013, Stan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Tony Xu
Tony Xu (; born Xu Xun, 1983/1984) 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. He earned degrees from the University of California, Berkeley, and the Stanford Graduate School of Business. Early in his career, Xu interned at Square, Inc., and worked for McKinsey & Company, eBay, and PayPal. He was included in ''Fortune'' 40 Under 40 in 2020. DoorDash had its IPO in December 2020, making Xu's net worth an estimated $2.8 billion as of April 2021. He and his wife Patti are signatories to the Giving Pledge. Early life and education Xu was born in Nanjing, China. In 1989, his parents immigrated to Champaign, Illinois. His mother, Julie Cao, was a doctor in China who later opened acupuncture and medical clinics in Champaign and the San Francisco Bay Area. His father was a professor in China who studied aerospace engineering and applied mathematics ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Andy Fang
Andy Fang (born 1992) is a Taiwanese-American billionaire Internet entrepreneur who co-founded the food delivery company DoorDash. As of December 2020, ''Forbes'' estimated his net worth at $2.2 billion. Early life and education Fang was born in San Jose, California, as one of four children in a Taiwanese American family. His parents were immigrants from Taiwan. He grew up in the San Francisco Bay Area, where he excelled academically at the Harker School, graduating in 2010. Fang then attended Stanford University and graduated with his Bachelor of Science (B.S.) degree in computer science. As a freshman undergraduate, he was roommates with Stanley Tang, with whom he built a social calendar app, and met Tony Xu in an engineering and business course. Career While they were still students at Stanford, Fang, along with Stanley Tang and Tony Xu, founded DoorDash, a online food ordering and food delivery platform, in 2013. When the company was founded, the three made DoorDash del ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Stanley Tang
Stanley Wei Rui Tang (born 1992) is a Hong Kong-American billionaire tech entrepreneur. He is best known as the co-founder and Chief Product Officer at DoorDash, which he started along with Tony Xu, Andy Fang and Evan Moore in 2013. DoorDash had its IPO in December 2020 making Tang's net worth an estimated $2.2 billion as of December 2020. Personal life Tang has a bachelor's degree in computer science from Stanford University. He grew up in Hong Kong, attending King George V School, and now resides in San Francisco, California San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of .... In 2023, he married Gloria Zhu, who he met in San Francisco in 2015.https://www.vogue.com/slideshow/gloria-zhu-and-stanley-tang-wedding References {{DEFAULTSORT:Tang, Stanley 1992 births American ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
GrubHub
Grubhub Inc. (stylized in all caps) is an American online and mobile prepared food ordering and delivery platform based in Chicago, Illinois. Founded in 2004, it was a subsidiary of the Dutch company Just Eat Takeaway since 2021. In 2024, Wonder Group Inc. bought Grubhub from Just Eat Takeaway for $650 million. The transaction is expected to be completed in the first quarter of 2025. Grubhub has been criticized for antitrust price manipulation, listing restaurants without permission, and allegedly misclassifying workers. Grubhub Seamless went public in April 2014 and was traded on the New York Stock Exchange (NYSE) under the ticker symbol GRUB. As of 2019, it had 19.9 million active users, with 115,000 associated restaurants in 3,200 cities in all 50 US states. History Grubhub history The original Chicago-based Grubhub was founded in 2004 by Mike Evans and Matt Maloney to create an alternative to paper menus. Two years later, in 2006, Maloney and Evans won first place in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Uber Eats
Uber Eats is an online food ordering and delivery platform launched by the company Uber in 2014. It is operational in over 6,000 cities in 45 countries as of 2021. History Uber Eats' parent company Uber was founded in 2009 by Garrett Camp and Travis Kalanick. The company began food delivery in August 2014 with the launch of the UberFRESH service in Santa Monica, California. In 2015, the platform was renamed UberEats and the ordering software was released a standalone application initially launching in Toronto. In 2016, it commenced operations in both London and Paris. In August 2018, Uber Eats changed its flat $4.99 delivery fee to a rate that is determined by distances. The fee ranges from a $2 minimum to an $8 maximum. In the UK and Ireland, the delivery fee is based on the value of the order. In February 2019, Uber Eats announced that it would reduce its fee from 35 percent of the order's value to 30 percent. As part of its expansion into foreign markets, the compan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Food Delivery
Food delivery is a courier service in which a restaurant, store, or independent food-delivery company delivers food to a customer. An order is typically made either by telephone, through the supplier's website or mobile app, or through a third party food ordering service. The delivered items can include entrees, sides, drinks, desserts, or grocery items and are typically delivered in boxes or bags. The delivery person will normally drive a car, but in bigger cities where homes and restaurants are closer together, they may use bikes or motorized scooters. Due to shifting habits in response to lockdowns and restrictions from the COVID-19 pandemic, online food delivery through third-party companies has become a growing industry and caused a "delivery revolution." Nascent technologies, such as autonomous vehicles have also been used to complete deliveries. Customers can, depending on the delivery company, choose to pay online or in person, with cash or card. A flat rate deliv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Stanford University
Leland Stanford Junior University, commonly referred to as Stanford University, is a Private university, private research university in Stanford, California, United States. It was founded in 1885 by railroad magnate Leland Stanford (the eighth List of governors of California, governor of and then-incumbent List of United States senators from California, United States senator representing California) and his wife, Jane Stanford, Jane, in memory of their only child, Leland Stanford Jr., Leland Jr. The university admitted its first students in 1891, opening as a Mixed-sex education, coeducational and non-denominational institution. It struggled financially after Leland died in 1893 and again after much of the campus was damaged by the 1906 San Francisco earthquake. Following World War II, university Provost (education), provost Frederick Terman inspired an entrepreneurship, entrepreneurial culture to build a self-sufficient local industry (later Silicon Valley). In 1951, Stanfor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Nasdaq-100
The Nasdaq-100 (NDX) is a stock market index made up of equity securities issued by 100 of the largest non-financial companies listed on the Nasdaq stock exchange. It is a modified capitalization-weighted index. The stocks' weights in the index are based on their market capitalizations, with certain rules capping the influence of the largest components. It is limited to companies from a single exchange, and it does not have any financial companies. The financial companies are in a separate index, the Nasdaq Financial-100. History The Nasdaq-100 was launched on January 31, 1985, by the Nasdaq. It created two indices: the Nasdaq-100, which consists of industrial, technology, retail, telecommunication, biotechnology, health care, transportation, media and service companies, and the Nasdaq Financial-100, which consists of banking companies, insurance firms, brokerage firms, and mortgage loan companies. The base price of the index was initially set at 250, but when it closed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Y Combinator
Y Combinator, LLC (YC) is an American technology startup accelerator and venture capital firm launched in March 2005 which has been used to launch more than 5,000 companies. The accelerator program started in Boston and Mountain View, California, Mountain View, expanded to San Francisco in 2019, and was entirely online during the COVID-19 pandemic. Companies started via Y Combinator include Airbnb, Coinbase, Cruise (autonomous vehicle), Cruise, DoorDash, Dropbox (service), Dropbox, Instacart, Reddit, Stripe (company), Stripe, Scale AI, Deel (company), Deel, Helion Energy, and Twitch (service), Twitch. History Founded in 2005 by Paul Graham (programmer), Paul Graham, Jessica Livingston, Robert Tappan Morris, and Trevor Blackwell, Y Combinator (YC) initiated operations with concurrent programs in Cambridge, Massachusetts, and Mountain View, California. However, operational complexities arising from managing two programs prompted a consolidation in January 2009, resulting in the cl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Market Share
Market share is the percentage of the total revenue or sales in a Market (economics), market that a company's business makes up. For example, if there are 50,000 units sold per year in a given industry, a company whose sales were 5,000 of those units would have a 10percent share in that market. "Marketers need to be able to translate sales targets into market share because this will demonstrate whether forecasts are to be attained by growing with the market or by capturing share from competitors. The latter will almost always be more difficult to achieve. Market share is closely monitored for signs of change in the competitive landscape, and it frequently drives strategic or tactical action."Farris, Paul W.; Neil T. Bendle; Phillip E. Pfeifer; David J. Reibstein (2010). ''Marketing Metrics: The Definitive Guide to Measuring Marketing Performance.'' Upper Saddle River, New Jersey: Pearson Education, Inc. . The Marketing Accountability Standards Board (MASB) endorses the definitio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Fortune 500
The ''Fortune'' 500 is an annual list compiled and published by ''Fortune (magazine), Fortune'' magazine that ranks 500 of the largest United States Joint-stock company#Closely held corporations and publicly traded corporations, corporations by total revenue for their respective fiscal years. The list includes publicly held company, publicly held companies, along with Privately held company, privately held companies for which revenues are publicly available. The concept of the ''Fortune'' 500 was created by Edgar P. Smith, a ''Fortune'' editor, and the first list was published in 1955. The ''Fortune'' 500 is more commonly used than its subset ''Fortune'' 100 or superset Fortune 1000, ''Fortune'' 1000. History The ''Fortune'' 500, created by Edgar P. Smith, was first published in January 1955. The original top ten companies were General Motors, ExxonMobil, Jersey Standard, U.S. Steel, General Electric, JBS USA, Esmark, Chrysler, Armour and Company, Armour, Gulf Oil, Mobil, and D ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
