Good morning. Tony Xu and three fellow Stanford students began developing the idea for DoorDash in late 2012 and officially launched the company in 2013. Twelve years after its founding, DoorDash is the clear U.S. market leader in restaurant delivery, with Xu as CEO leading a data- and tech-fueled, forward-looking trajectory.
DoorDash controls roughly 60% of the U.S. food-delivery market—more than twice the share of its closest rival, Uber Eats. A new Fortune feature by tech correspondent Jason Del Rey, “How DoorDash became a $85 billion behemoth and won the delivery wars,” offers a deep dive into the company.
