Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Results of operations for the reportable segments and reconciliation to income (loss) before income taxes is as follows:

	Three Months Ended September 30,				Nine Months Ended September 30,
(in thousands)	2022		2021		2022		2021
Net revenues
Product Commerce	$	4,947,174	$	4,481,525	$	14,760,758	$	12,911,901
Developing Offerings	154,160		163,180		495,083		417,778
Total net revenues	$	5,101,334	$	4,644,705	$	15,255,841	$	13,329,679
Segment adjusted EBITDA
Product Commerce	$	239,222	$	(118,235)	$	339,939	$	(235,397)
Developing Offerings	(44,303)		(89,199)		(169,720)		(227,150)
Total segment adjusted EBITDA	$	194,919	$	(207,434)	$	170,219	$	(462,547)
Reconciling items:
Depreciation and amortization	$	(54,424)	$	(51,540)	$	(174,063)	$	(145,866)
Equity-based compensation	(63,075)		(56,138)		(191,584)		(193,450)
Interest expense	(6,485)		(7,376)		(19,996)		(38,047)
Interest income	15,403		2,603		26,301		5,450
Other income (expense), net	11,224		(4,026)		2,485		(7,479)
Fulfillment center fire losses	—		—		—		(295,501)
Income (loss) before income taxes	$	97,562	$	(323,911)	$	(186,638)	$	(1,137,440)