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Geographical Information (Tables)
12 Months Ended
Dec. 31, 2022
Segment Reporting [Abstract]  
Summary of Revenue by Geographic Area

Core marketplace revenue by geographic area based on the ship-to address of the user is as follows:

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

2020

 

 

 

($ in millions)

 

Europe

 

$

83

 

 

 

38

%

 

$

542

 

 

 

46

%

 

$

833

 

 

 

46

%

North America(1)

 

 

105

 

 

 

48

%

 

 

470

 

 

 

40

%

 

 

735

 

 

 

40

%

South America

 

 

7

 

 

 

3

%

 

 

50

 

 

 

4

%

 

 

90

 

 

 

5

%

Other

 

 

25

 

 

 

11

%

 

 

115

 

 

 

10

%

 

 

169

 

 

 

9

%

Core marketplace revenue(2)

 

$

220

 

 

 

100

%

 

$

1,177

 

 

 

100

%

 

$

1,827

 

 

 

100

%

 

(1)
United States accounted for $83 million, $389 million, $614 million of core marketplace revenue for the years ended December 31, 2022, 2021 and 2020, respectively.
(2)
Core marketplace revenue included a net loss of $6 million for the year ended December 31, 2022 and net gains of $22 and $7 million for the years ended December 31, 2021 and 2020, respectively, from the Company’s cash flow hedging program.
Summary of Property and Equipment, Net and Operating Lease Right-of-Use Assets, Net

The Company’s long-lived tangible assets, which consist of property and equipment, net and operating lease right-of-use assets, net, is as follows:

 

 

 

Year Ended December 31,

 

 

 

2022

 

 

2021

 

 

 

($ in millions)

 

United States

 

$

13

 

 

 

72

%

 

$

30

 

 

 

85

%

China

 

 

4

 

 

 

22

%

 

 

3

 

 

 

9

%

Other(1)

 

 

1

 

 

 

6

%

 

 

2

 

 

 

6

%

Total property and equipment, net and right-of-use assets

 

$

18

 

 

 

100

%

 

$

35

 

 

 

100

%

(1)
Long-lived tangible assets outside the United States and China were located in Canada and the Netherlands.