Segment Reporting (Tables)

6 Months Ended

Jun. 30, 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 June 30,				Six Months Ended June 30,
(in thousands)	2023		2022		2023		2022
Net revenues
Product Commerce	$	5,681,590	$	4,877,531	$	11,339,939	$	9,813,584
Developing Offerings	156,299		160,290		298,480		340,923
Total net revenues	$	5,837,889	$	5,037,821	$	11,638,419	$	10,154,507
Segment adjusted EBITDA
Product Commerce	$	407,597	$	97,840	$	695,967	$	100,717
Developing Offerings	(107,373)		(31,668)		(154,824)		(125,417)
Total segment adjusted EBITDA	$	300,224	$	66,172	$	541,143	$	(24,700)
Reconciling items:
Depreciation and amortization	$	(66,178)	$	(60,399)	$	(130,423)	$	(119,639)
Equity-based compensation	(86,404)		(72,916)		(156,303)		(128,509)
Interest expense	(12,813)		(6,143)		(21,091)		(13,511)
Interest income	41,630		7,364		73,491		10,898
Other expense, net	(5,241)		(9,229)		(11,780)		(8,739)
Income (loss) before income taxes	$	171,218	$	(75,151)	$	295,037	$	(284,200)