Subsequent Event

6 Months Ended

Jun. 30, 2026

Subsequent Events [Abstract]

Subsequent Event

Subsequent Event

Fulfillment Center Fire

In July 2026, a fire occurred at one of our leased fulfillment centers located in Incheon, Korea (the “Incheon FC Fire”), resulting in significant damage to the facility and related leasehold improvements, equipment, and inventory. We currently estimate the total carrying value of owned inventory and fixed assets at the facility prior to the fire, as well as our obligation to sellers relating to their inventory stored in the facility, to be approximately $246 million. We maintain property and liability insurance coverage for various insured events, including fires, and intend to pursue available claims. We may incur additional liabilities and costs related to the fire that are currently unknown or unquantifiable, including, but not limited to, damage to, and loss of use of, the facility, remediation costs, regulatory penalties, litigation, and other losses. We are still evaluating the extent of losses and are unable to reasonably estimate the financial impact at this time. Losses from the Incheon FC Fire will be recognized beginning in the third quarter of 2026.