Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 3,911	$ 4,019
Restricted cash	2,750	190
Short-term marketable securities	1,088	1,322
Funds held at payment processors	322	436
Accounts receivable, net	840	732
Prepaid expenses and other current assets	824	687
Total current assets	9,735	7,386
Long-term marketable securities	725	835
Operating lease right-of-use assets	391	389
Property and equipment, net	906	778
Intangible assets, net	890	510
Goodwill	3,529	2,315
Other assets	774	632
Total assets	16,950	12,845
Current liabilities:
Accounts payable	345	321
Operating lease liabilities	78	68
Accrued expenses and other current liabilities	4,273	4,049
Total current liabilities	4,696	4,438
Operating lease liabilities	452	468
Convertible notes, net	2,721	0
Other liabilities	153	129
Total liabilities	8,022	5,035
Commitments and contingencies (Note 9)
Redeemable non-controlling interests	5	7
Stockholders’ equity:
Common stock, par value, Class A, Class B and Class C shares authorized, issued and outstanding	0	0
Additional paid-in capital	13,439	13,165
Accumulated other comprehensive income (loss)	261	(107)
Accumulated deficit	(4,777)	(5,255)
Total stockholders’ equity	8,923	7,803
Total liabilities, redeemable non-controlling interests and stockholders’ equity	$ 16,950	$ 12,845