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Pay vs Performance Disclosure - USD ($)

12 Months Ended

Dec. 31, 2024

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table

Pay-Versus-Performance Disclosure

As required by Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between what is defined under Item 402(v) of Regulation S-K as “compensation actually paid,” (“CAP”), to our Principal Executive Officer (“PEO”) and non-PEO NEOs and certain financial performance measures of the Company. The CAP amounts are calculated using a methodology prescribed by the SEC rules and differ significantly from the Summary Compensation Table (“SCT”) calculation of executive compensation. The CAP values do not represent amounts actually earned or paid to our NEOs, including with respect to RSUs and PSUs, which remain subject to forfeiture if the vesting conditions are not satisfied. Because CAP values are based on our stock price as of particular dates, the amounts shown in the tables below reflect the fluctuations in our stock price including our stock price at the time of our IPO and the volatility in our stock price since that time and could have been substantially different if other dates were chosen. The Compensation Committee does not utilize CAP as a basis for making compensation decisions. For further information concerning our overall compensation philosophy and how we align executive compensation with our performance, please refer to “Named Executive Officer Compensation - Compensation Discussion and Analysis - Objectives, Philosophy, and Elements of Executive Compensation.”

Pay-Versus-Performance Table

Year⁽¹⁾	SCT Total for PEO⁽²⁾	CAP to PEO⁽³⁾	Average SCT Total for Non-PEO NEOs⁽²⁾	Average CAP to Non- PEO NEOs⁽³⁾	Value of Initial Fixed $100 Investment Based On:		Net Income (Loss)⁽⁶⁾
Year⁽¹⁾	SCT Total for PEO⁽²⁾	CAP to PEO⁽³⁾	Average SCT Total for Non-PEO NEOs⁽²⁾	Average CAP to Non- PEO NEOs⁽³⁾	Total Stockholder Return⁽⁴⁾	Peer Group Total Stockholder Return⁽⁵⁾	Net Income (Loss)⁽⁶⁾
(a)	(b)	(c)	(d)	(e)	(f)	(g)	(h)
2024	$2,071,499	$2,400,459	$5,364,451	$10,076,759	$44.63	$152.10	$66,000,000
2023	$1,730,609	$2,557,529	$3,128,650	$4,710,326	$32.87	$114.25	$1,360,000,000
2022	$1,931,296	$(49,687,096)	$5,935,509	$(23,859,450)	$29.87	$80.23	$(92,042,000)
2021	$1,587,989	$684,330,158	$1,492,346	$46,444,743	$59.65	$122.09	$(1,542,590,000)

1.	Represents all years for which the Company is required to report under Item 402(v) of Regulation S-K. The Company first became a reporting company pursuant to Section 13(a) or Section 15(d) of the Exchange Act in 2021.

Represents total compensation reported for our PEO or the average total compensation reported for our non-PEO NEOs as a group, as applicable, for each corresponding year in the “Total” column of the SCT. Please refer to “Named Executive Officer Compensation - Compensation Tables - 2024 Summary Compensation Table.” The names of non-PEO NEOs included for purposes of calculating the average amounts of total compensation for both 2021 and 2022 are as follows: Gaurav Anand, our Chief Financial Officer; Harold Rogers, our General Counsel and Chief Administrative Officer; Hanseung Kang, our Representative Director, Business Management; and Thuan Pham, our former Chief Technology Officer. The names of non-PEO NEOs included for purposes of calculating the average amounts of total compensation for 2023 are as follows: Gaurav Anand, our Chief Financial Officer; Harold Rogers, our General Counsel and Chief Administrative Officer; Hanseung Kang, our Representative Director, Business Management; and Tae Jung Kim, our former Vice President of Digital Customer Experience. The names of non-PEO NEOs included for purposes of calculating the average amounts of total compensation for 2024 are as follows: Gaurav Anand, our Chief Financial Officer; Harold Rogers, our General Counsel and Chief Administrative Officer; Hanseung Kang, our Representative Director, Business Management; and Pranam Kolari, our Vice President of Search and Recommendations.

The amounts in these columns are computed in accordance with Item 402(v) of Regulation S-K and do not represent amounts earned or realized by, or paid to, the NEO during the applicable year. The CAP amounts for 2021 include, among other awards, several equity grants that were awarded separately over various years since our incorporation prior to our IPO but vested at the same time at our IPO in accordance with their terms. The CAP amounts for such awards have since significantly decreased, as shown in columns (f) and (g). The following detailed breakdown tables describe the adjustments, each of which is prescribed by SEC rule, to calculate the CAP amounts from the related SCT amounts. The CAP and SCT amounts do not reflect the actual amount of compensation earned or realized by, or paid to, the applicable NEO during the applicable year, but rather are amounts determined in accordance with SEC rules contained in Item 402 of Regulation S-K:

PEO SCT to CAP Reconciliation:
Year	Reported SCT Total for PEO	Reported Value of Equity Awards	Equity Award Adjustments*	CAP to PEO
2024	$2,071,499	$0	$328,960	$2,400,459

* PEO Equity Award Adjustment Reconciliation:
Year	Year End Fair Value of Equity Awards Granted in the Year and Unvested at Year End	Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards	Fair Value as of Vesting Date of Equity Awards Granted and Vested in Year	Change in Fair Value from the Prior Year End to the Vesting Date of Equity Awards Granted in Prior Years that Vested in Year	Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in Year	Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Reflected in Fair Value or Total Compensation	Total Equity Award Adjustments
2024	$0	$0	$0	$328,960	$0	—	$328,960

Average Non-PEO NEO SCT to CAP Reconciliation:
Year	Average Reported SCT Total for Non-PEO NEOs	Average Reported Value of Equity Awards	Equity Award Adjustments**	Average CAP to Non-PEO NEOs
2024	$5,364,451	$(4,092,821)	$8,805,129	$10,076,759

** Average Non-PEO NEO Equity Award Adjustment Reconciliation:
Year	Average Year End Fair Value of Equity Awards Granted in the Year and Unvested at Year End	Year over Year Average Change in Fair Value of Outstanding and Unvested Equity Awards	Average Fair Value as of Vesting Date of Equity Awards Granted and Vested in Year	Average Change in Fair Value from the Prior Year End to the Vesting Date of Equity Awards Granted in Prior Years that Vested in the Year	Average Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year	Average Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Reflected in Fair Value or Total Compensation	Total Average Equity Award Adjustments
2024	$4,903,013	$2,199,168	$41,261	$1,661,688	$0	—	$8,805,129

Cumulative total stockholder return (“TSR”) is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between the price of our Class A common stock at the end and the beginning of the measurement period by our share price at the beginning of the measurement period. The beginning of the measurement period was March 11, 2021, the date our Class A common stock began trading on the NYSE.

5.	Reflects the cumulative TSR on our Class A common stock relative to that of the Standard & Poor’s 500 Consumer Discretionary Distribution & Retail Index (the “S&P 500 Consumer Discretionary Distribution & Retail”), which is the index included in our Performance Graph in our 2024 Annual Report.

6.	Represents the amount of net income (loss) reflected in our audited financial statements for each applicable year.

Company Selected Measure Name

we have not included a “Company-Selected Measure”

Named Executive Officers, Footnote

Peer Group Issuers, Footnote

5.	Reflects the cumulative TSR on our Class A common stock relative to that of the Standard & Poor’s 500 Consumer Discretionary Distribution & Retail Index (the “S&P 500 Consumer Discretionary Distribution & Retail”), which is the index included in our Performance Graph in our 2024 Annual Report.

PEO Total Compensation Amount

$ 2,071,499

$ 1,730,609

$ 1,931,296

$ 1,587,989

PEO Actually Paid Compensation Amount

$ 2,400,459

2,557,529

(49,687,096)

684,330,158

Adjustment To PEO Compensation, Footnote

PEO SCT to CAP Reconciliation:
Year	Reported SCT Total for PEO	Reported Value of Equity Awards	Equity Award Adjustments*	CAP to PEO
2024	$2,071,499	$0	$328,960	$2,400,459

* PEO Equity Award Adjustment Reconciliation:
Year	Year End Fair Value of Equity Awards Granted in the Year and Unvested at Year End	Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards	Fair Value as of Vesting Date of Equity Awards Granted and Vested in Year	Change in Fair Value from the Prior Year End to the Vesting Date of Equity Awards Granted in Prior Years that Vested in Year	Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in Year	Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Reflected in Fair Value or Total Compensation	Total Equity Award Adjustments
2024	$0	$0	$0	$328,960	$0	—	$328,960

Non-PEO NEO Average Total Compensation Amount

$ 5,364,451

3,128,650

5,935,509

1,492,346

Non-PEO NEO Average Compensation Actually Paid Amount

$ 10,076,759

4,710,326

(23,859,450)

46,444,743

Adjustment to Non-PEO NEO Compensation Footnote

Average Non-PEO NEO SCT to CAP Reconciliation:
Year	Average Reported SCT Total for Non-PEO NEOs	Average Reported Value of Equity Awards	Equity Award Adjustments**	Average CAP to Non-PEO NEOs
2024	$5,364,451	$(4,092,821)	$8,805,129	$10,076,759

** Average Non-PEO NEO Equity Award Adjustment Reconciliation:
Year	Average Year End Fair Value of Equity Awards Granted in the Year and Unvested at Year End	Year over Year Average Change in Fair Value of Outstanding and Unvested Equity Awards	Average Fair Value as of Vesting Date of Equity Awards Granted and Vested in Year	Average Change in Fair Value from the Prior Year End to the Vesting Date of Equity Awards Granted in Prior Years that Vested in the Year	Average Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year	Average Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Reflected in Fair Value or Total Compensation	Total Average Equity Award Adjustments
2024	$4,903,013	$2,199,168	$41,261	$1,661,688	$0	—	$8,805,129

Compensation Actually Paid vs. Total Shareholder Return

CAP and TSR - Over the last four years, our TSR has decreased by approximately 25.2%, from $59.65 to $44.63, while the CAP to our PEO decreased by approximately 99.6%, from $684,330,158 to $2,400,459, the average CAP to our non-PEO NEOs as a group decreased by approximately 78.3% from $46,444,743 to $10,076,759, and our peer group TSR increased by 24.6%, from $122.09 to $152.10.

Total Stockholder Return Graph - The graph below compares the cumulative total stockholder return on our Class A common stock with the cumulative total return on the Standard & Poor’s 500 Index (the “S&P 500”) and the S&P 500 Consumer Discretionary Distribution & Retail. The graph assumes $100 was invested at the market close on March 11, 2021, which was the first day our Class A common stock began trading. Data for the S&P 500 and the S&P 500 Consumer Discretionary Distribution & Retail assume reinvestment of dividends. The graph uses the closing market price on March 11, 2021 of $49.25 per share as the initial value of our Class A common stock. The comparisons in the graph below are based upon historical data and are not indicative of, nor intended to forecast, future performance of our Class A common stock.

Compensation Actually Paid vs. Net Income

CAP and Net Income - Over the last four years, our net loss reduced by approximately 104.3%, from $(1,542,590,000) to $66,000,000. During the same period, the CAP to our PEO decreased by approximately 99.6%, and the average CAP to our non-PEO NEOs as a group decreased by approximately 78.3%. The reason for the divergence is that CAP measures the change in stock price to equity held and vested or unvested by our NEOs.

Total Shareholder Return Vs Peer Group

Tabular List, Table

Financial Performance Measures

In the years covered by this table, we did not use any financial performance measures for our executive compensation program. Accordingly, pursuant to SEC rules, we have not included a “Company-Selected Measure” or a tabular list of performance measures. For more information about our executive compensation program, please refer to “Named Executive Officer Compensation - Compensation Discussion and Analysis” above.

Total Shareholder Return Amount

$ 44.63

32.87

29.87

59.65

Peer Group Total Shareholder Return Amount

$ 152.1

114.25

80.23

122.09

Equity Awards Adjustments, Footnote

* PEO Equity Award Adjustment Reconciliation:
Year	Year End Fair Value of Equity Awards Granted in the Year and Unvested at Year End	Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards	Fair Value as of Vesting Date of Equity Awards Granted and Vested in Year	Change in Fair Value from the Prior Year End to the Vesting Date of Equity Awards Granted in Prior Years that Vested in Year	Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in Year	Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Reflected in Fair Value or Total Compensation	Total Equity Award Adjustments
2024	$0	$0	$0	$328,960	$0	—	$328,960

** Average Non-PEO NEO Equity Award Adjustment Reconciliation:
Year	Average Year End Fair Value of Equity Awards Granted in the Year and Unvested at Year End	Year over Year Average Change in Fair Value of Outstanding and Unvested Equity Awards	Average Fair Value as of Vesting Date of Equity Awards Granted and Vested in Year	Average Change in Fair Value from the Prior Year End to the Vesting Date of Equity Awards Granted in Prior Years that Vested in the Year	Average Fair Value at the End of the Prior Year of Equity Awards that Failed to Meet Vesting Conditions in the Year	Average Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Reflected in Fair Value or Total Compensation	Total Average Equity Award Adjustments
2024	$4,903,013	$2,199,168	$41,261	$1,661,688	$0	—	$8,805,129