Segments

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Segments

SegmentsWe have one operating and reportable segment. Our reportable segment is Marketplace, which includes our online marketplace located at www.ebay.com, its localized counterparts and the eBay suite of mobile apps. Our management and our CODM review financial information presented on a consolidated basis for purposes of allocating resources and evaluating performance and do not evaluate using asset information. During the first quarter of 2020, we classified the results of our previous StubHub segment as discontinued operations in our condensed consolidated statement of income for all prior periods presented. In addition, during the third quarter of 2020, we classified the results of our Classifieds segment as discontinued operations in our condensed consolidated statement of income for the periods presented. The accounting policies of our segment are the same as those described in “Note 1 – The Company and Summary of Significant Accounting Policies”. Prior period segment information has been reclassified to conform to the current period segment presentation.

The following table summarizes net revenues by type for the periods presented (in millions):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Net Revenues by Type
Net transaction revenues	$	2,355	$	1,829	$	6,702	$	5,601
Marketing services and other revenues	251		254		701		799
Total net revenues	2,606		2,083		7,403		6,400

The following table summarizes the allocation of net revenues based on geography (in millions):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
U.S.	$	1,078	$	804	$	2,986	$	2,466
United Kingdom	425		313		1,196		981
South Korea	350		288		996		885
Germany	265		248		795		796
Rest of world	488		430		1,430		1,272
Total net revenues	$	2,606	$	2,083	$	7,403	$	6,400

Net revenues, inclusive of the effects of foreign exchange during each period, are attributed to U.S. and international geographies primarily based upon the country in which the seller, platform that displays advertising, other service provider or customer, as the case may be, is located.