Related-Party Transactions

12 Months Ended

Dec. 31, 2019

Related Party Transactions [Abstract]

Related Party Transactions

Related-Party Transactions

During each of the years ended December 31, 2019, 2018 and 2017, the Company purchased certain advertising-related and other services in the amount of $18.1 million, $92.4 million, and $74.4 million, respectively, from a company that is affiliated with a significant stockholder of the Company, which was recorded to cost of revenue and sales and marketing expenses in the consolidated statements of operations based on the nature of the services. This entity ceased to be a related party in April 2019.

During each of the years ended December 31, 2019, 2018 and 2017, the Company purchased certain marketing services in the amount of $1.9 million, $4.0 million and $0.8 million, respectively, from two companies owned by a significant stockholder of the Company.

As of December 31, 2019 and 2018, amounts due from and to these related parties as included in the consolidated balance sheets were immaterial.

During the years ended December 31, 2019, 2018 and 2017, the Company received cash proceeds from the issuance of redeemable convertible preferred stock to these related parties of $0, $0, and $400 million, respectively, which were included in the cash flows from financing activities in the consolidated statements of cash flows.

During each of the years ended December 31, 2019, 2018 and 2017, the Company recorded an immaterial amount of revenue from these related parties in the consolidated statements of operations.