Segment Reporting (Tables)

9 Months Ended

Sep. 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 September 30,				Nine Months Ended September 30,
(in thousands)	2023		2022		2023		2022
Net revenues
Product Commerce	$	5,966,027	$	4,947,174	$	17,305,966	$	14,760,758
Developing Offerings	217,528		154,160		516,008		495,083
Total net revenues	$	6,183,555	$	5,101,334	$	17,821,974	$	15,255,841
Segment adjusted EBITDA
Product Commerce	$	399,494	$	239,222	$	1,095,461	$	339,939
Developing Offerings	(160,822)		(44,303)		(315,646)		(169,720)
Total segment adjusted EBITDA	$	238,672	$	194,919	$	779,815	$	170,219
Reconciling items:
Depreciation and amortization	$	(67,393)	$	(54,424)	$	(197,816)	$	(174,063)
Equity-based compensation	(83,795)		(63,075)		(240,098)		(191,584)
Interest expense	(13,295)		(6,485)		(34,386)		(19,996)
Interest income	50,237		15,403		123,728		26,301
Other (expense) income, net	(7,776)		11,224		(19,556)		2,485
Income (loss) before income taxes	$	116,650	$	97,562	$	411,687	$	(186,638)