Gain (Loss) on Equity Investments and Warrant, Net and Interest Income and Other, Net

12 Months Ended

Dec. 31, 2024

Nonoperating Income (Expense) [Abstract]

Gain (Loss) on Equity Investments and Warrant, Net and Interest Income and Other, Net

Gain (Loss) on Equity Investments and Warrant, Net and Interest Income and Other, Net

The following table presents components of “Gain (loss) on equity investments and warrant, net” for the periods indicated (in millions):

	Year Ended December 31,
	2024		2023		2022
Unrealized change in fair value of equity investment in Adevinta	$	(234)	$	1,782	$	(2,693)
Realized change in fair value of shares sold in Adevinta	78		—		2
Unrealized change in fair value of equity investment in Adyen	—		—		(118)
Realized change in fair value of shares sold in Adyen	(57)		—		(143)
Realized change in fair value of shares sold in Aurelia	(11)		—		—
Unrealized change in fair value of equity investment in Gmarket	(12)		(96)		(294)
Realized change in fair value of shares sold in Gmarket	(1)		—		—
Unrealized change in fair value of equity investment in KakaoBank	—		(11)		(218)
Realized change in fair value of shares sold in KakaoBank	—		13		(75)
Gain (loss) on other investments	3		(6)		(17)
Change in fair value of warrant	158		150		(230)
Total gain (loss) on equity investments and warrant, net	$	(76)	$	1,832	$	(3,786)

The following table presents components of “Interest income and other, net” for the periods indicated (in millions):

	Year Ended December 31,
	2024		2023		2022
Interest income	$	272	$	204	$	73
Foreign exchange and other	23		(7)		(3)
Total interest income and other, net	$	295	$	197	$	70