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Condensed Consolidated Statement of Cash Flows - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities:    
Net income (loss) $ (194,106) $ (1,137,611)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization 174,063 145,866
Provision for severance benefits 124,056 100,649
Equity-based compensation 191,584 193,450
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 231,333 187,926
Non-cash others 56,536 32,786
Change in operating assets and liabilities:    
Accounts receivable, net (39,325) (75,958)
Inventories (288,761) (308,559)
Other assets (273,554) (182,375)
Accounts payable 163,508 561,528
Accrued expenses (6,359) 50,604
Deferred revenue 57,993 13,015
Other liabilities (212,005) (94,126)
Net cash used in operating activities (15,037) (207,832)
Investing activities:    
Purchases of property and equipment (703,074) (505,554)
Proceeds from sale of property and equipment 10,600 960
Other investing activities (25,979) (2,218)
Net cash used in investing activities (718,453) (506,812)
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 14,998 57,521
Proceeds from short-term borrowings and long-term debt 543,185 308,772
Repayment of short-term borrowings and long-term debt (337,071) (111,472)
Net short-term borrowings and other financing activities 5,377 (2,289)
Net cash provided by financing activities 226,489 3,672,191
Effect of exchange rate changes on cash and cash equivalents, and restricted cash (243,132) (88,842)
Net (decrease) increase in cash and cash equivalents, and restricted cash (750,133) 2,868,705
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 3,060,214 4,270,007
Supplemental disclosure of cash-flow information:    
Cash paid for income taxes, net of refunds 2,851 1,088
Cash paid for interest 17,142 14,175
Non-cash investing and financing activities:    
Decrease in property and equipment-related accounts payable (72,052) (5,516)
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