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DoorDash
DoorDash, Inc. is an American company that operates an online food ordering and food delivery platform. The company is based in San Francisco, California. It went public in December 2020 on NYSE and trades under the symbol DASH. With a 56% market share, DoorDash is the largest food delivery company 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, 20,000,000 consumers, and one million deliverers. DoorDash has been criticized and sued for withholding tips, reducing tip transparency, antitrust price manipulation, listing restaurants without permission, and allegedly misclassifying workers. History In the fall of 2012, Stanford University students Tony Xu, Stanley Tang, Andy Fang and Evan Moore were getting feedback on a mobile app for small business owners when a macaroon store owner told them of her challenges meeting demand for deliveries. In January 2013, they launch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tony Xu
Tony Xu (born Xu Xun, 1983/1984) is a Chinese-American billionaire businessman, and the co-founder and chief executive officer (CEO) of DoorDash. Born in Nanjing, China, Xu immigrated to the United States with his parents at the age of five. He earned degrees from the University of California, Berkeley and Stanford University's Graduate School of Business. Earlier in his career, Xu interned at Square, Inc., and worked for McKinsey & Company, eBay, and PayPal. He was included in ''Fortune'' "40 Under 40" list 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, previously a doctor in China; she later opened acupuncture and medical clinics in Champaign and the San Francisco Bay Area. His father was a professor in China who studied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andy Fang
Andy Fang (born 1992) is a Chinese-American billionaire tech entrepreneur. He is best known as the co-founder and Chief Technology Officer at DoorDash, which he started along with Stanley Tang, Tony Xu and Evan Moore in 2013. DoorDash had its IPO in December 2020, making Fang's net worth an estimated $2.2 billion as of December 2020. Personal life and education Fang grew up in the San Francisco Bay Area where he attended The Harker School, graduating in 2010. Fang has a bachelor's degree in Computer Science from Stanford University Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is consider .... References 1992 births American billionaires American technology company founders Living people Stanford University alumni {{US-business-bio-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wolt
Wolt is a Finnish technology company known for its delivery platform for food and merchandise. On Wolt's apps (iOS and Android) or website, customers can order food and other items from the platform's restaurant and merchant partners, and either pick up their order or have it delivered by the platform's courier partners. In November 2021, DoorDash announced it would acquire Wolt. The deal was completed in June 2022. History Wolt was founded in 2014 by 6 founders, including Miki Kuusi, the former CEO of Slush and CEO of Wolt. It is headquartered in Helsinki, Finland. As of November 2022, Wolt operates in 23 countries and over 180 cities. Wolt has over 45,000 merchant partners, 90,000 courier partners and 12 million registered customers (June 2021 figures). Wolt has raised $856M in funding from investors. Wolt has over 4,000 employees across its offices in 23 countries. Wolt was ranked second in the 2020 edition of the FT:1000 Europe's Fastest Growing Companies 2020 published ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stanley Tang
Stanley Tang (born 1992) is a Hong Kong 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 and now resides in San Francisco, California San Francisco (; Spanish for " Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the fourth most populous in California and 17th .... References {{DEFAULTSORT:Tang, Stanley 1992 births Living people ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GrubHub
Grubhub Inc. is an American online and mobile prepared food ordering and delivery platform. The company is based in Chicago, Illinois. Founded in 2004, it is a subsidiary of the Dutch company Just Eat Takeaway since 2021. 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, the company had 19.9 million active users and 115,000 associated restaurants across 3,200 cities and all 50 states in the United 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 the University of Chicago Booth School of Business's Edward L. Kaplan New Venture Challenge with the business plan for Grubhub. In Nov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Food Delivery
Retail 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 through a restaurant or grocer's website or mobile app, or through a food ordering company. 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. Recently, online food delivery through third-party companies have 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 delivery fee is often charged with what the customer has bought. Sometimes no delivery fees are ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Food Delivery
Retail 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 through a restaurant or grocer's website or mobile app, or through a food ordering company. 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. Recently, online food delivery through third-party companies have 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 delivery fee is often charged with what the customer has bought. Sometimes no delivery fees are ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Uber Eats
Uber Eats is an online food ordering and delivery platform launched by Uber in 2014. Meals are delivered by couriers using cars, scooters, bikes, or on foot. It is operational in over 6,000 cities across 45 countries as of 2021. The process of delivering food is still carried out by Uber drivers, who often only need a few minutes to finish a single service. In places where UberEats is offered, Uber will collaborate with multiple restaurants every day to serve meals to its passengers. The company is facing a lawsuit for antitrust price manipulation, from forcing restaurants to charge the same price for delivery as for dine-in if the restaurant wants to be listed on UberEats' app, along with charging fees of 13–40% of revenue. 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 to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Online Food Ordering
Online food ordering is the process of ordering food, for Food delivery, delivery or pickup, from a website or other application. The product can be either ready-to-eat food (e.g., direct from a home-kitchen, restaurant, or a virtual restaurant) or food that has not been specially prepared for direct consumption (e.g., vegetables direct from a farm/garden, fruits, frozen meats. etc). Online food ordering/delivery through third-party companies have emerged as a global industry, leading to a "delivery revolution." From 2018 to 2021, global revenues for the online food delivery sector rose from $90 billion to $294 billion. History The first online Food delivery, food order was a pizza from Pizza Hut in 1994. The online food ordering market has increased in the U.S with 40 percent of U.S adults having ordered their food online once. The online food ordering market includes foods prepared by restaurants, prepared by independent people, and groceries being ordered online and then pick ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ghost Kitchen
A virtual restaurant (also known as a ghost kitchen or dark kitchen) is a food service business that serves customers exclusively by delivery and pick up based on phone and online ordering. It is a separate food vendor entity that operates out of an existing restaurant's kitchen. By not having a full-service restaurant premise with a storefront and dining room, virtual restaurants can economize by occupying cheaper real estate. The reduced space lowers overall overhead and operational costs, thus yielding higher profit margins without reducing the price of the food provided. The ghost kitchen's lack of a retail presence allows for multiple restaurants and brands to buy into it. Background Virtual restaurants gained significant cultural and economic currency during the COVID-19 pandemic in 2020, when many restaurants were either completely idled due to restrictions on public dining, or curtailed significantly as very low numbers of patrons were permitted to be served on-premises e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Online Food Ordering
Online food ordering is the process of ordering food, for Food delivery, delivery or pickup, from a website or other application. The product can be either ready-to-eat food (e.g., direct from a home-kitchen, restaurant, or a virtual restaurant) or food that has not been specially prepared for direct consumption (e.g., vegetables direct from a farm/garden, fruits, frozen meats. etc). Online food ordering/delivery through third-party companies have emerged as a global industry, leading to a "delivery revolution." From 2018 to 2021, global revenues for the online food delivery sector rose from $90 billion to $294 billion. History The first online Food delivery, food order was a pizza from Pizza Hut in 1994. The online food ordering market has increased in the U.S with 40 percent of U.S adults having ordered their food online once. The online food ordering market includes foods prepared by restaurants, prepared by independent people, and groceries being ordered online and then pick ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Y Combinator
Y Combinator (YC) is an American technology startup accelerator launched in March 2005. It has been used to launch more than 3,000 companies, including Airbnb, Coinbase, Cruise, DoorDash, Dropbox, Instacart, Quora, PagerDuty, Reddit, Stripe and Twitch. The combined valuation of the top YC companies was more than $300 billion by January 2021. The company's accelerator program started in Boston and Mountain View, expanded to San Francisco in 2019, and has been entirely online since the start of the COVID-19 pandemic. ''Forbes'' characterized the company in 2012 as one of the most successful startup accelerators in Silicon Valley. History Y Combinator was founded in 2005 by Paul Graham, Jessica Livingston, Robert Tappan Morris, and Trevor Blackwell. From 2005 to 2008, one program was in Cambridge, Massachusetts, and one was in Mountain View, California. As Y Combinator grew to 40 investments per year, running two programs became too much. In January 2009, Y Combinator an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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