groceries

1 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Apr 21, 2026 by Tony Xu · across every show →

Everything said about groceries, oldest first

Apr 21, 2026
Assertion Supported
Xu: US food spend flipped from 80% groceries to 60% dining out
“It used to be that in the, you know, these are rough numbers, but in the 19 fifties when the government was measuring this, we would spend in this country, in America, maybe 75 to 80 cents on the dollar on groceries versus restaurants. In present day, you know…”
Tony Xu Apr 21, 2026 ▶ 20:50 The economics and trends of the restaurant industry, with Tony Xu of DoorDash
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