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---
description: Find out why DoorDash was selected for the inaugural list
title: TIME100 Most Influential Companies 2021: DoorDash
image: https://static.time.com/v3/assets/bltea6093859af6183b/blta9046f61c84760d1/698a18e0929fad21edbf7483/doordash-time100-companies.jpg?branch=production&amp;width=3840&amp;quality=75&amp;auto=webp&amp;crop=16:9
---

Apr 26, 2021

# DoorDash

Giving restaurants a lift

by 

[Don Steinberg](/author/don-steinberg/)


## Don Steinberg


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![DoorDash CEO Tony Xu at the company's headquarters in San Francisco on Jan. 16, 2020. ](https://static.time.com/v3/assets/bltea6093859af6183b/blta9046f61c84760d1/698a18e0929fad21edbf7483/doordash-time100-companies.jpg?branch=production&width=3840&quality=75&auto=webp&crop=4:5)

DoorDash CEO Tony Xu at the company's headquarters in San Francisco on Jan. 16, 2020.

DoorDash CEO Tony Xu at the company's headquarters in San Francisco on Jan. 16, 2020.Jim Mcauley—The New York Times/Redux

In 2020, as restaurants suspended indoor dining, customers went online to order takeout from hard-hit eateries. DoorDash—the U.S.’s [most popular meal-delivery app](https://time.com/5836868/gig-economy-coronavirus/ "undefined"), helmed by CEO Tony Xu—offered restaurants temporary reductions or exemptions from its commission fees as they adjusted. Sales surged, and a December IPO valued the company at over $70 billion on the day of its debut. Despite Wall Street’s buy-in, DoorDash is unprofitable, and in November, without admitting liability, it agreed to a $2.5 million settlement over claims that it misled consumers by keeping some of the tips intended for its delivery drivers. Now the company is evolving to deliver goods from stores like 7-Eleven and Wawa.


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