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Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Results of operations for the reportable segments and reconciliation to income before income taxes is as follows:
Three Months Ended June 30,Six Months Ended June 30,
(in millions)
2024202320242023
Net revenues
Product Commerce$6,431 $5,682 $12,925 $11,340 
Developing Offerings892 156 1,512 298 
Total net revenues$7,323 $5,838 $14,437 $11,638 
Segment adjusted EBITDA
Product Commerce$530 $408 $997 $696 
Developing Offerings(200)(107)(386)(155)
Total segment adjusted EBITDA$330 $300 $611 $541 
Reconciling items:
Depreciation and amortization$(106)$(66)$(201)$(130)
Equity-based compensation(109)(86)(197)(156)
Acquisition and restructuring related costs(19)— (77)— 
Estimated KFTC administrative fine (see Note 10)
(121)— (121)— 
Interest expense(37)(13)(64)(21)
Interest income53 42 108 73 
Other income (expense), net12 (6)(11)
Income before income taxes$3 $171 $62 $295 
Note: Amounts may not foot due to rounding.