Net Revenues

12 Months Ended

Dec. 31, 2021

Revenue from Contract with Customer [Abstract]

Net Revenues

Net Revenues

Details of total net revenues were as follows:

	Year Ended December 31,
(in thousands)	2021		2020		2019
Net retail sales	$	16,487,975	$	11,045,096	$	5,787,090
Third-party merchant services	1,695,422		789,557		440,845
Other revenue	222,975		132,686		45,328
Total net revenues	$	18,406,372	$	11,967,339	$	6,273,263

This level of revenue disaggregation takes into consideration how the nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factors. Net retail sales are recognized from online product sales to consumers. Third-party merchant services represent commissions, advertising, and delivery fees earned from merchants and restaurants that sell their products through the Company’s online business. Other revenue includes revenue earned from our various other offerings.

Contract liabilities consist of payments in advance of delivery and customer loyalty credits, which are included in deferred revenue on the consolidated balance sheets. The Company recognized revenue of $60 million, $29 million and $23 million for the years ended December 31, 2021 and 2020, and 2019 respectively, related to payments in advance of delivery as of the beginning of the respective years. Revenue recognized for the years ended December 31, 2021, 2020 and 2019 from our customer loyalty program as of the beginning of the respective years was not material.