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Fortune

Sheryl Estrada

DoorDash CEO Tony Xu: M&A is easy on paper— 'very hard to get right in practice'

Tony Xu DoorDash Fortune Fortune Brainstorm TECH Jason Del Rey Waffle House

Fortune tech correspondent Jason Del Rey (left) in conversation with DoorDash CEO and co-founder Tony Xu (right) at Fortune Brainstorm Tech on Sept. 8, 2025. (Credit: Fortune)

Good morning. Automation, AI agents, and M&A are top of mind for the on-demand delivery platform and tech company DoorDash.

During Fortune Brainstorm Tech, which kicked off on Monday in Park City, Utah, DoorDash CEO Tony Xu spoke with Fortune’s Jason Del Rey about M&A, noting he has learned the importance of partnering with operating teams that share DoorDash’s values.

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