• Home
  • Politics
  • News
  • Business
  • Health
  • Entertainment
  • Sports
  • Lifestyle
  • Education
  • Opinion
Saturday, 1 April, 2023
  • Login
topfmonline.com
 
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Health
  • Lifestyle
  • Sports
  • Education
  • Technology
  • Foreign
No Result
View All Result
topfmonline.com
No Result
View All Result
Home Technology

Facebook Parent Meta Names DoorDash CEO Tony Xu as a Director

TOPFM NEWS by TOPFM NEWS
January 12, 2022
in Technology
A A
0
Facebook Parent Meta Names DoorDash CEO Tony Xu as a Director
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Facebook parent company Meta Platforms Inc. named DoorDash Inc. Chief Executive Officer Tony Xu to its board, adding a technology-company founder with significant commerce experience to the group advising CEO Mark Zuckerberg. 

Xu’s appointment is effective immediately, according to a statement, bringing the number of Meta directors to 10. All existing board members will remain on the panel.

Meta has made commerce a business priority over the past two years, aiming to become a bigger force in online shopping as more and more transactions happen on the web. The company has built shopping features directly inside its apps in an effort to eliminate the need for consumers to leave Facebook or Instagram to make a purchase, and to increase sales opportunities for businesses. In some international markets, Meta also hopes users will turn to services like WhatsApp to buy physical goods from local retailers. 

Commerce will also play a significant role in the metaverse, a virtual platform for immersive digital services that Menlo Park, California-based Meta is working to develop.

“Tony has built a great service for millions of people to get food and more from hundreds of thousands of restaurants and small businesses,” Zuckerberg, 37, said in a statement. “I’ve always thought it’s important to have great tech leaders on our board, and Tony has direct experience both running a tech company and solving complex challenges in commerce. I look forward to learning from his perspective as we build towards the metaverse.”

San Francisco-based DoorDash has become the most significant player for U.S. food delivery, an industry that has boomed during the pandemic. After a successful IPO in December 2020 — the stock closed 86% higher than the listing price on the first day of trading — DoorDash’s shares have declined about 14% over the past year.

“Millions of local merchants use Meta’s tools to grow and run their businesses every month,” Xu, 37, said in a statement. “I look forward to working with the board as the company enters the next stage of its journey.”

Related Posts

TikTok launches an elections hub in Kenya ahead of General Elections

TikTok launches an elections hub in Kenya ahead of General Elections

July 15, 2022
10
Facebook to allow up to five profiles tied to one account

Facebook to allow up to five profiles tied to one account

July 15, 2022
4
Source: Kurt Wagner
Via: Bloomberg
Tags: facebookParent Metatech
Previous Post

Verizon, AT&T, and T-Mobile say they’re not blocking Apple’s iCloud Private Relay

Next Post

I Don’t Like Going To Church – Majid Michel Reveals

Related Posts

TikTok launches an elections hub in Kenya ahead of General Elections
Technology

TikTok launches an elections hub in Kenya ahead of General Elections

July 15, 2022
10
Facebook to allow up to five profiles tied to one account
Technology

Facebook to allow up to five profiles tied to one account

July 15, 2022
4
Microsoft releases tweet-size exploit for macOS sandbox escape bug
Technology

Microsoft releases tweet-size exploit for macOS sandbox escape bug

July 14, 2022
9
Final Android 13 beta arrives ahead of its official launch ‘in the weeks ahead’
Technology

Final Android 13 beta arrives ahead of its official launch ‘in the weeks ahead’

July 14, 2022
2
Ex-CIA engineer Joshua Schulte convicted over massive data leak
Technology

Ex-CIA engineer Joshua Schulte convicted over massive data leak

July 14, 2022
2
Samsung Galaxy Z Fold 4 with model name SM-F936U certified by FCC
Technology

Samsung Galaxy Z Fold 4 with model name SM-F936U certified by FCC

July 13, 2022
2
Next Post
I Don’t Like Going To Church – Majid Michel Reveals

I Don’t Like Going To Church – Majid Michel Reveals

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

BROWSE BY CATEGORIES

  • Business
  • Education
  • Entertainment
  • Foreign
  • Health
  • Lifestyle
  • News
  • Opinion
  • Politics
  • Sports
  • Technology
  • Uncategorized

BROWSE BY TOPICS

2022 Budget Afghanistan akufo addo Amazon Apiate explosion apple AT&T Black Stars covid COVID-19 COVID 19 E-Levy facebook Fuel Ghana Police Service Google Government health Intel iphone Mahama Majority Microsoft Minority momo NDC news NLC NPP Nvidia OMICRON Parliament police Russia security South Africa Taliban tech Tesla twitter US UTAG vaccine vaccines Xinjiang

Recent Posts

  • New revenue bills approval: Your walkout won’t affect us – Majority tells minority
  • Bawumia Must Win (BMW) Agenda Campaign Launched
  • Prove Seth Terkper’s authorisation for Letters of Credits – Judge tells Ato Forson
  • We’ll vote against govt’s new tax bills – Mahama Ayariga
  • ECG releases nationwide ‘Dumsor’ timetable

Recent Comments

No comments to show.

RECENT NEWS

  • New revenue bills approval: Your walkout won’t affect us – Majority tells minority March 31, 2023
  • Bawumia Must Win (BMW) Agenda Campaign Launched March 31, 2023
  • Prove Seth Terkper’s authorisation for Letters of Credits – Judge tells Ato Forson March 31, 2023
  • We’ll vote against govt’s new tax bills – Mahama Ayariga March 31, 2023

MAIN CATEGORIES

  • Business
  • Education
  • Entertainment
  • Foreign
  • Health
  • Lifestyle
  • News
  • Opinion
  • Politics
  • Sports
  • Technology
  • Uncategorized

Entertainment

US Veep Kamala Harris hails impact of medical drone delivery in Ghana
Health

US Veep Kamala Harris hails impact of medical drone delivery in Ghana

4 days ago
1
  • ABOUT US
  • CONTACT
  • ADVERTISE

© 2023 Top Media Group - Powered by BackUp Data Systems

No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Health
  • Entertainment
  • Sports
  • Lifestyle
  • Education
  • Opinion

© 2023 Top Media Group - Powered by BackUp Data Systems

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In