Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2023

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 March 31,
(in thousands)	2023		2022
Net revenues
Product Commerce	$	5,658,349	$	4,936,053
Developing Offerings	142,181		180,633
Total net revenues	$	5,800,530	$	5,116,686
Segment adjusted EBITDA
Product Commerce	$	288,370	$	2,877
Developing Offerings	(47,451)		(93,749)
Total segment adjusted EBITDA	$	240,919	$	(90,872)
Reconciling items:
Depreciation and amortization	$	(64,245)	$	(59,240)
Equity-based compensation	(69,899)		(55,593)
Interest expense	(8,278)		(7,368)
Interest income	31,861		3,534
Other (expense) income, net	(6,539)		490
Income (loss) before income taxes	$	123,819	$	(209,049)