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| Revenue Recognition | Revenue Recognition The following table summarizes the Company’s net revenue by type of service for the periods presented:
The Company generates net revenue from seller marketplace services and other services. Seller marketplace services primarily consist of marketplace transactions, subscriptions, and sponsored listings. Other services consist of other charges to the Company’s sellers including advertising revenues generated from displaying ads on the Company’s online marketplace. Net revenue by geographic region is determined based on the country the buyer is located in. For both of the three and six months ended June 30, 2026, approximately 81% of on-platform marketplace transaction net revenue was derived from the United States. For both the three and six months ended June 30, 2025 approximately 82% of on-platform marketplace transaction net revenue was derived from the United States. No other individual country’s on-platform marketplace transaction net revenue exceeded 10% of total on-platform marketplace transaction net revenue.
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