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Drivers then only directly received the part of the tip that exceeded the guaranteed minimum per order. [66] [67] A DoorDash customer filed a class action lawsuit against the company for its "materially false and misleading" tipping policy. [66] [67] The case was referred to arbitration in August 2020. [68] Under pressure, the company revised ...
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DoorDash's initial public offering in 2020, which Xu has been credited for leading, [12] made him a billionaire at the age of 36. [1] [7] He has voting authority over all Class B shares, giving him control of DoorDash with 69 percent of the voting interest, as of December 2020. [13] [14] In 2020, Xu was included in Fortune 's "40 Under 40" list ...