Ever wondered about the financial muscle behind your favorite food delivery app? Doordash's journey from a startup to a global giant is a compelling story of growth and valuation.
Let's delve into the financial performance and market capitalization of Doordash (DASH), alongside a glimpse into the fortunes of its founders. As of May 12, 2025, Doordash boasts a market cap or net worth of $81.40 billion. This represents a significant increase of 58.95% over the past year, showcasing the companys robust growth trajectory. However, just days earlier, on Wednesday, May 7, 2025, the market cap stood at $75.424 billion, reflecting a 7.96% increase over the preceding 30 days and a 59.61% surge over the previous 12 months. The fluctuations highlight the dynamic nature of the stock market and the ever-evolving perception of the company's value. Further data indicates that as of May 2025, the market cap was $77.76 billion USD, positioning Doordash as the 247th most valuable company globally. Another valuation puts the market cap at $77.77 billion, with an enterprise value of $71.63 billion, as measured reflecting the change since 5 pm ET of the prior trading day.
Tony Xu, one of the key figures behind Doordash, co-founded the restaurant delivery service in 2013 alongside Andy Fang, Stanley Tang, and Evan Moore. Xu's entrepreneurial journey reached a significant milestone after the company's IPO in 2020, transforming him into a billionaire. He holds a substantial stake in the company, owning 4.6% plus options. His net worth, like the company's valuation, has seen its share of volatility, mirroring the tech industry's inherent dynamism and stock market fluctuations. The food delivery platform's initial IPO catapulted Xu's net worth to approximately $3.1 billion. Explore tony xu net worth in 2025, exploring his financial standing, overall wealth, and monthly income.
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Stanley Tang, another co-founder, has also witnessed a substantial boost in his net worth due to Doordash's success. As of 2023, his estimated net worth stood at $1.57 billion, primarily attributed to his 4% ownership in the company, which went public in December 2020. The estimated net worth of stanley tang is at least $3.31 million as of April 1st, 2025. Tang owns 18,285 shares of doordash stock worth more than $3,306,477 as of May 9th. This net worth approximation does not reflect any other investments that mr. Tang receives a salary of $327,070.00 as director at doordash. Tang holds a degree in electrical engineering and computer science from UC Berkeley with a net worth exceeding $2.2 billion as of 2024. Following the IPO in December 2020, Tang's net worth was estimated at $2.2 billion. Fang and Tang's net worths each now sit at $2.8 billion based on ownership percentages.
In terms of financial performance, Doordash reported revenue of $2.3 billion and a net revenue margin of 13.1% in Q4 2023. For the full year 2023, the marketplace GOV (Gross Order Value) was $17.6 billion, with revenue also at $2.3 billion. The company also provided its outlook and highlighted its performance and innovation in local commerce. Doordash annual net income for 2024 was $0.123b , a 122.04% decline from 2023. GAAP net income (loss) attributable to Doordash, Inc. common stockholders was $141 million compared to $(154) million in Q4 2023, and adjusted EBITDA increased to. In Q3 2024, the company continued to drive strong growth in total orders, marketplace GOV, and revenue, while generating positive GAAP net income for the first time as a public company. Their goal is to build a large and durable business that helps local merchants succeed and expands the companys reach. Doordash users numbered 32 million users in 2022 and the majority of them were from the US. Doordash total orders were 36 million as of Q2 2022.
Further insights into the company's valuation can be gleaned from different data points. By one measure, Doordash has a net worth of approximately $4.67 billion. On May 1, 2023, Doordash's net worth was $23.99 billion. The company's total assets in 2024 were US$12.8 billion, with a net income of US$123 million. (Dash) today announced its financial results for the quarter ended September 30, 2024. In a deal worth over eight billion U.S. dollars. Doordash, Inc. is an American company operating online food ordering and food delivery.
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