Segments

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Segments

Segments

We have one operating and reportable segment. Our reportable segment is Marketplace which includes our online marketplace located at www.ebay.com, its localized counterparts and the eBay suite of mobile apps. Our management and our CODM review and assess performance of the business. During the first quarter of 2020, we classified the results of our previous StubHub segment as discontinued operations in our consolidated statement of income for all periods presented. In addition, during the third quarter of 2020, we classified the results of our Classifieds segment as discontinued operations in our consolidated statement of income for the periods presented. See “Note – 4 Discontinued Operations” for additional information.

The accounting policies of our segment are the same as those described in “Note 1 – The Company and Summary of Significant Accounting Policies”. Prior period segment information has been reclassified to conform to the current period segment presentation.

The following table sets forth the breakdown of net revenues by type (in millions):

	Year ended December 31,
	2020		2019		2018
Net Revenues by type
Net transaction revenues	$	9,300	$	7,578	$	7,416
Marketing services and other revenues	971		1,058		1,234
Total net revenues	$	10,271	$	8,636	$	8,650

The following tables summarize the allocation of net revenues and long-lived tangible assets based on geography (in millions): 

	Year Ended December 31,
	2020		2019		2018
Net revenues by geography:
U.S.	$	4,151	$	3,303	$	3,382
United Kingdom	1,678		1,323		1,385
South Korea	1,390		1,220		1,194
Germany	1,106		1,034		1,169
Rest of world	1,946		1,756		1,520
Total net revenues	$	10,271	$	8,636	$	8,650

	December 31,
	2020		2019
Long-lived tangible assets by geography:
U.S.	$	1,579	$	1,743
International	288		300
Total long-lived tangible assets	$	1,867	$	2,043

Net revenues, inclusive of the effects of foreign exchange during each period, are attributed to U.S. and international geographies primarily based upon the country in which the seller, platform that displays advertising, other service provider, or customer, as the case may be, is located. Long-lived assets attributed to the U.S. and international geographies are based upon the country in which the asset is located or owned.