Tony Xu, co-founder and CEO of Doordash, has joined the board of directors of Meta. The company's board chair is Xu, who has been CEO of Doordash for the past four years. The appointment of Xu is effective immediately. Meta has 10 people on its board of directors.
Millions of merchants use Meta's tools to grow and run their businesses. I look forward to working with the board as the company enters the next stage of its journey, according to the press release.
Meta has been heavily focused on commerce over the past few years, as the company has introduced numerous shopping features across its apps. The company has been focused on making it harder for users to leave its apps.
Meta CEO Mark Zuckerberg stated that the company will leverage the expertise of Xu as it creates the Metaverse, and that he has experience in solving complex challenges in commerce. The metaverse shows that commerce will play a major role, which means that the board will likely be advised on such matters by Xu.
In a statement, Facebook's founder said that Tony has built a great service for millions of people to get food and more from hundreds of thousands of restaurants and small businesses. Tony has experience both running a tech company and solving complex challenges in commerce, so he is a great addition to our board. I look forward to learning from his point of view.
Meta has a board of directors that includes Mark Zuckerberg, Drew Houston, and Nancy Killefer.
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