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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating activities:    
Net loss $ (284,785) $ (813,634)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 119,639 94,326
Provision for severance benefits 87,436 66,028
Equity-based compensation 128,509 137,312
Paid-in-kind interest and accretion of discount on convertible notes 0 20,148
Inventory and fixed asset losses due to fulfillment center fire 0 284,825
Non-cash operating lease expense 155,686 121,779
Non-cash others 63,621 17,406
Change in operating assets and liabilities:    
Accounts receivable, net (37,342) (62,381)
Inventories (185,091) (267,191)
Other assets (147,058) (79,439)
Accounts payable 190,578 396,485
Accrued expenses (37,665) 9,778
Deferred revenue 20,001 9,136
Other liabilities (146,730) (87,044)
Net cash used in operating activities (73,201) (152,466)
Investing activities:    
Purchases of property and equipment (419,674) (315,496)
Proceeds from sale of property and equipment 7,810 125
Other investing activities (17,834) 9,790
Net cash used in investing activities (429,698) (305,581)
Financing activities:    
Proceeds from issuance of Class A common stock upon initial public offering, net of underwriting discounts 0 3,431,277
Deferred offering costs paid 0 (11,618)
Proceeds from issuance of common stock/units, equity-based compensation plan 12,367 49,737
Proceeds from short-term borrowings and long-term debt 403,436 115,408
Repayment of short-term borrowings and long-term debt (333,097) (27,465)
Other financing activities (2,038) (981)
Net cash provided by financing activities 80,668 3,556,358
Effect of exchange rate changes on cash and cash equivalents, and restricted cash (115,962) (38,928)
Net (decrease) increase in cash and cash equivalents, and restricted cash (538,193) 3,059,383
Cash and cash equivalents, and restricted cash, as of beginning of period 3,810,347 1,401,302
Cash and cash equivalents, and restricted cash, as of end of period 3,272,154 4,460,685
Supplemental disclosure of cash-flow information:    
Cash paid (received) for income taxes, net of refunds 1,341 (267)
Cash paid for interest 11,459 8,085
Non-cash investing and financing activities:    
Decrease in property and equipment-related accounts payable (54,975) (8,738)
Conversion of common units into Class A and Class B common stock 0 87,064
Conversion of redeemable convertible preferred units into Class A and Class B common stock 0 3,465,611
Conversion of convertible notes into Class A common stock $ 0 $ 609,999