DoorDash shares surged to $251, Tony Xu sold $12.6 million in stock

DoorDash CEO Tony Xu sold 48,250 shares worth $12.6 million from September 2 to 3, 2025, under a pre-arranged trading plan. The transactions were executed at $238.85 to $251.11 per share, followed by the option exercise at $7.16 per share. Xu stressed the complexity of merger and acquisition execution at Fortune Brainstorm Technology Summit and stressed that shared values ​​are crucial, as DoorDash embodies when it acquired Wolt in 2021. The company reported an annual return of 98%, with revenue of $3.28 billion in the second quarter of 2025, a year-on-year increase of 25%, while the company is advancing a $3.9 billion Deliveroo acquisition, which is expected to be completed in the fourth quarter of 2025.