Geographical Information

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Geographical Information

NOTE 11. GEOGRAPHICAL INFORMATION

The Company believes it is relevant to disclose geographical revenue information on both a demand basis, determined by the ship-to address of the user, and on a supply basis, determined by the location of the merchants’ operations.

Core marketplace revenue by geographic area based on the ship-to address of the user is as follows:

	Three Months Ended								Six Months Ended
	June 30,								June 30,
	2022				2021				2022				2021
	(in millions)
Europe	$	18	33	%	$	178	47	%	$	52	36	%	$	413	48	%
North America(1)		28	52	%		149	39	%		71	49	%		335	39	%
South America		2	4	%		17	5	%		5	4	%		35	4	%
Other		6	11	%		34	9	%		16	11	%		72	9	%
Core marketplace revenue	$	54	100	%	$	378	100	%	$	144	100	%	$	855	100	%

(1)United States accounted for $22 million and $57 million of core marketplace revenue for the three and six months ended June 30, 2022, respectively and $124 million and $280 million for the three and six months ended June 30, 2021, respectively.

China accounted for substantially all of marketplace and logistics revenue during the three and six months ended June 30, 2022 and 2021 based on the location of the merchants’ operations.

The Company’s long-lived tangible assets, which consist of property and equipment, net and operating lease right-of-use assets, net, located in the United States were 85% of the total long-lived tangible assets as of June 30, 2022 and December 31, 2021. The long-lived tangible assets outside the United States were located in China, Canada and the Netherlands.