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Goodwill and Intangible Assets, Net (Tables)
9 Months Ended
Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Goodwill Activity
The following table presents goodwill activity (in thousands):
December 31, 2020$249,773 
Goodwill acquired776,147 
Foreign currency translation(28,259)
September 30, 2021$997,661 
Summary of Intangible Assets Acquired, Net
Intangible assets, net consisted of the following (in thousands):
 Weighted-
Average
Remaining
Useful Life
(Years)
As of September 30, 2021As of December 31, 2020
 Gross
Carrying
Value
Accumulated
Amortization
Net Book
Value
Gross
Carrying
Value
Accumulated
Amortization
Net Book
Value
 
 
Long-lived intangible assets:
Apps4.9$1,905,750 $(439,885)$1,465,865 $1,222,417 $(232,832)$989,585 
Customer Relationships11.6149,389 (5,533)143,856 — — — 
User base4.568,817 (24,931)43,886 68,817 (17,617)51,200 
License asset0.228,551 (24,107)4,444 28,551 (10,918)17,633 
Developed technology5.489,532 (17,645)71,887 14,946 (8,489)6,457 
Other6.333,868 (5,010)28,858 23,321 (1,864)21,457 
Total long-lived intangible assets2,275,907 (517,111)1,758,796 1,358,052 (271,720)1,086,332 
Short-lived intangible assets:
Apps0.438,779 (36,886)1,893 29,869 (25,599)4,270 
Total intangible assets$2,314,686 $(553,997)$1,760,689 $1,387,921 $(297,319)$1,090,602 
Summary of Finite-Lived Intangible Assets, Amortization Expenses
The Company recorded amortization expenses related to acquired intangible assets as follows (in thousands):
Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
Cost of revenue$96,059 $65,535 $273,444 $137,673 
Sales and marketing6,765 3,050 16,008 8,470 
Total$102,824 $68,585 $289,452 $146,143