DoorDash (DASH) 10-K24 Feb 232022 FY Annual reportFinancial data

Company Profile

Cover

Cover - USD ($) $ in Billions	12 Months Ended
Cover - USD ($) $ in Billions	Dec. 31, 2022	Feb. 15, 2023	Jun. 30, 2022
Entity Information [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	001-39759
Entity Registrant Name	DOORDASH, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	46-2852392
Entity Address, Address Line One	303 2nd Street, South Tower, 8th Floor
Entity Address, City or Town	San Francisco
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94107
City Area Code	650
Local Phone Number	487-3970
Title of 12(b) Security	Class A common stock, par value of $0.00001 per share
Trading Symbol	DASH
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 20.6
Documents Incorporated by Reference	Portions of the registrant’s Definitive Proxy Statement relating to the 2023 Annual Meeting of Stockholders are incorporated by reference into Part III of this Annual Report on Form 10-K where indicated. Such Definitive Proxy Statement will be filed with the Securities and Exchange Commission within 120 days after the end of the registrant’s fiscal year ended December 31, 2022. Auditor name: KPMG LLP Auditor Location: San Francisco, California Auditor Firm ID: 185
Entity Central Index Key	0001792789
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Amendment Flag	false
Class A
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		363,912,749
Class B
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		28,162,940
Class C Common Stock
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		0

Audit Information

Audit Information	12 Months Ended
Audit Information	Dec. 31, 2022
Audit Information [Abstract]
Auditor Name	KPMG LLP
Auditor Location	San Francisco, California
Auditor Firm ID	185

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 1,977	$ 2,504
Short-term marketable securities	1,544	1,253
Funds held at payment processors	441	320
Accounts receivable, net	400	349
Prepaid expenses and other current assets	358	139
Total current assets	4,720	4,565
Restricted cash	211	2
Long-term marketable securities	397	650
Operating lease right-of-use assets	436	336
Property and equipment, net	637	402
Intangible assets, net	765	61
Goodwill	2,370	316
Non-marketable equity securities	124	409
Other assets	129	68
Total assets	9,789	6,809
Current liabilities:
Accounts payable	157	161
Operating lease liabilities	55	26
Accrued expenses and other current liabilities	2,332	1,573
Total current liabilities	2,544	1,760
Operating lease liabilities	456	373
Other liabilities	21	9
Total liabilities	3,021	2,142
Commitments and contingencies (Note 10)
Redeemable non-controlling interests	14	0
Stockholders’ equity:
Common stock, par value, Class A, Class B and Class C shares authorized, issued and outstanding	0	0
Additional paid-in capital	10,633	6,752
Accumulated other comprehensive loss	(33)	(4)
Accumulated deficit	(3,846)	(2,081)
Total stockholders’ equity	6,754	4,667
Total liabilities, redeemable non-controlling interests and stockholders’ equity	$ 9,789	$ 6,809

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2022	Dec. 31, 2021
Class of Stock [Line Items]
Common stock, par value ($ per share)	$ 0.00001	$ 0.00001
Class A
Class of Stock [Line Items]
Common stock, authorized (shares)	6,000,000,000	6,000,000,000
Common stock, issued (shares)	363,299,000	315,266,000
Common stock, outstanding (shares)	363,299,000	315,266,000
Class B
Class of Stock [Line Items]
Common stock, authorized (shares)	200,000,000	200,000,000
Common stock, issued (shares)	28,172,000	31,246,000
Common stock, outstanding (shares)	28,172,000	31,246,000
Class C Common Stock
Class of Stock [Line Items]
Common stock, authorized (shares)	2,000,000,000	2,000,000,000
Common stock, issued (shares)	0	0
Common stock, outstanding (shares)	0	0

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Statement [Abstract]
Revenue	$ 6,583	$ 4,888	$ 2,886
Costs and expenses:
Cost of revenue, exclusive of depreciation and amortization shown separately below	3,588	2,338	1,368
Sales and marketing	1,682	1,619	957
Research and development	829	430	321
General and administrative	1,147	797	556
Depreciation and amortization	369	156	120
Restructuring charges	92	0	0
Total costs and expenses	7,707	5,340	3,322
Loss from operations	(1,124)	(452)	(436)
Interest income	32	3	7
Interest expense	(2)	(14)	(32)
Other income (expense), net	(305)	0	3
Loss before income taxes	(1,399)	(463)	(458)
Provision for (benefit from) income taxes	(31)	5	3
Net loss including redeemable non-controlling interests	(1,368)	(468)	(461)
Less: net loss attributable to redeemable non-controlling interests, net of tax	(3)	0	0
Net loss attributable to DoorDash, Inc. common stockholders	$ (1,365)	$ (468)	$ (461)
Net loss per share attributable to common stockholders, basic (in shares)	$ (3.68)	$ (1.39)	$ (7.39)
Net loss per share attributable to common stockholders, diluted (in shares)	$ (3.68)	$ (1.39)	$ (7.39)
Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, basic (in shares)	371,413	336,847	62,390
Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, diluted (in shares)	371,413	336,847	62,390

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Statement of Comprehensive Income [Abstract]
Net loss including redeemable non-controlling interests	$ (1,368)	$ (468)	$ (461)
Other comprehensive (loss) income, net of tax:
Change in foreign currency translation adjustments	(16)	0	0
Change in unrealized loss on marketable securities	(16)	(4)	0
Other	2	0	0
Total other comprehensive loss	(30)	(4)	0
Comprehensive loss including redeemable non-controlling interests	(1,398)	(472)	(461)
Less: Comprehensive loss attributable to redeemable non-controlling interests	(4)	0	0
Comprehensive loss attributable to DoorDash, Inc. common stockholders	$ (1,394)	$ (472)	$ (461)

Consolidated Statements of Rede

Consolidated Statements of Redeemable Non- Controlling Interests, Redeemable Convertible Preferred Stock and Stockholders' Equity (Deficit) - USD ($) $ in Millions	Total	Redeemable Non- Controlling Interests	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Income (Loss)	Redeemable Convertible Preferred Stock	Series H redeemable convertible preferred stock
Redeemable non-controlling interests, beginning at Dec. 31, 2019	$ 0
Preferred stock, outstanding (shares), beginning at Dec. 31, 2019							230,667,000
Preferred stock, outstanding, beginning balance at Dec. 31, 2019							$ 2,264
Redeemable non-controlling interests, ending at Dec. 31, 2020	0
Preferred stock, outstanding (shares), ending at Dec. 31, 2020							0
Preferred stock, outstanding, ending balance at Dec. 31, 2020							$ 0
Common stock, outstanding (shares), beginning at Dec. 31, 2019			43,937,000
Common stock, outstanding, beginning balance at Dec. 31, 2019	(1,082)		$ 0	$ 70	$ (1,152)	$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of redeemable convertible preferred stock, net of issuance costs (shares)								8,322,000
Issuance of Series H redeemable convertible preferred stock, net of issuance costs								$ 382
Issuance of common stock in connection with initial public offering, net of offering costs, underwriting discounts and commissions (shares)			33,000,000
Issuance of common stock in connection with initial public offering, net of offering costs, underwriting discounts and commissions	3,269			3,269
Repurchase and retirement of preferred stock (shares)							(5,000)
Conversion of promissory notes to Series D redeemable convertible preferred stock (shares)			239,270,000				(238,984,000)
Conversion of redeemable convertible preferred stock to common stock in connection with initial public offering	2,646			2,646			$ (2,646)
Issuance of common stock upon exercise of common stock warrants (shares)			105,000
Issuance of common stock upon settlement of restricted stock units (in shares)			65,000
Shares withheld related to net share settlement (shares)			(65,000)
Shares withheld related to net share settlement	(7)			(7)
Issuance of common stock upon exercise of stock options (shares)			2,191,000
Issuance of common stock upon exercise of stock options	5			5
Stock-based compensation	330			330
Net loss attributable to DoorDash, Inc. common stockholders	(461)				(461)
Common stock, outstanding (shares), ending at Dec. 31, 2020			318,503,000
Common stock, outstanding, ending balance at Dec. 31, 2020	4,700		$ 0	6,313	(1,613)	0
Redeemable non-controlling interests, ending at Dec. 31, 2021	0
Preferred stock, outstanding (shares), ending at Dec. 31, 2021							0
Preferred stock, outstanding, ending balance at Dec. 31, 2021							$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon settlement of restricted stock units (in shares)			14,218,000
Shares withheld related to net share settlement (shares)			(851,000)
Shares withheld related to net share settlement	(172)			(172)
Issuance of common stock upon exercise of stock options (shares)			14,642,000
Issuance of common stock upon exercise of stock options	32			32
Stock-based compensation	579			579
Net loss attributable to DoorDash, Inc. common stockholders	(468)				(468)
Other comprehensive income	(4)					(4)
Common stock, outstanding (shares), ending at Dec. 31, 2021			346,512,000
Common stock, outstanding, ending balance at Dec. 31, 2021	4,667		$ 0	6,752	(2,081)	(4)
Increase (Decrease) in Temporary Equity [Roll Forward]
Other comprehensive loss		$ (1)
Recognition of redeemable non-controlling interest upon capital investment		18
Net loss		$ (3)
Redeemable non-controlling interests, ending at Dec. 31, 2022	$ 14
Preferred stock, outstanding (shares), ending at Dec. 31, 2022							0
Preferred stock, outstanding, ending balance at Dec. 31, 2022							$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon settlement of restricted stock units (in shares)			10,027,000
Issuance of common stock upon exercise of stock options (shares)	4,780,000		4,780,000
Issuance of common stock upon exercise of stock options	$ 11			11
Stock-based compensation	1,021			1,021
Net loss attributable to DoorDash, Inc. common stockholders	(1,365)				(1,365)
Other comprehensive income	(29)					(29)
Shares issued related to the acquisition of Wolt (shares)			35,720,000
Shares issued related to the acquisition of Wolt	2,838			2,838
Repurchase and retirement of stock (shares)			(5,568,000)
Repurchase and retirement of common stock	(400)				(400)
Recognition of redeemable non-controlling interest upon capital investment	11			11
Common stock, outstanding (shares), ending at Dec. 31, 2022			391,471,000
Common stock, outstanding, ending balance at Dec. 31, 2022	$ 6,754		$ 0	$ 10,633	$ (3,846)	$ (33)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities
Net loss including redeemable non-controlling interests	$ (1,368)	$ (468)	$ (461)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	369	156	120
Stock-based compensation	889	486	322
Bad debt expense	0	36	16
Reduction of operating lease right-of-use assets and accretion of operating lease liabilities	81	52	40
Non-cash interest expense	0	11	31
Adjustments to non-marketable equity securities, including impairment, net	303	0	0
Other	20	28	18
Changes in assets and liabilities, net of assets acquired and liabilities assumed from acquisitions:
Funds held at payment processors	(86)	(174)	(96)
Accounts receivable, net	(33)	(94)	(248)
Prepaid expenses and other current assets	(165)	85	(96)
Other assets	(90)	(51)	(20)
Accounts payable	(15)	79	54
Accrued expenses and other current liabilities	566	595	587
Payments for operating lease liabilities	(75)	(44)	(26)
Other liabilities	(29)	(5)	11
Net cash provided by operating activities	367	692	252
Cash flows from investing activities
Purchases of property and equipment	(176)	(129)	(106)
Capitalized software and website development costs	(170)	(108)	(53)
Purchases of marketable securities	(1,948)	(2,344)	(593)
Sales of marketable securities	387	224	4
Maturities of marketable securities	1,552	720	583
Purchases of non-marketable equity securities	(15)	(409)	0
Net cash acquired (used) in acquisitions	71	0	(28)
Other investing activities	(1)	(1)	1
Net cash used in investing activities	(300)	(2,047)	(192)
Cash flows from financing activities
Proceeds from issuance of common stock upon initial public offering, net of underwriter discounts	0	0	3,289
Proceeds from issuance of preferred stock, net of issuance costs	0	0	382
Proceeds from issuance of convertible notes, net of issuance costs	0	0	333
Proceeds from exercise of stock options	11	32	5
Deferred offering costs paid	0	(10)	(6)
Repayment of convertible notes	0	(333)	0
Taxes paid related to net share settlement of equity awards	0	(172)	(7)
Repurchase of common stock	(400)	0	0
Other financing activities	14	0	0
Net cash provided by (used in) financing activities	(375)	(483)	3,996
Foreign currency effect on cash, cash equivalents, and restricted cash	(10)	(1)	2
Net increase (decrease) in cash, cash equivalents, and restricted cash	(318)	(1,839)	4,058
Cash, cash equivalents, and restricted cash, beginning of period	2,506	4,345	287
Cash, cash equivalents, and restricted cash, end of period	$ 2,188	$ 2,506	$ 4,345

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Statement of Cash Flows [Abstract]
Cash and cash equivalents	$ 1,977	$ 2,504	$ 4,345
Restricted cash	211	2	0
Total cash, cash equivalents, and restricted cash	2,188	2,506	4,345
Supplemental disclosure of cash flow information
Cash paid for interest	0	42	0
Non-cash investing and financing activities
Conversion of redeemable convertible preferred stock to common stock upon initial public offering	0	0	2,646
Purchases of property and equipment not yet settled	34	23	17
Unrealized loss on marketable securities	(20)	(4)	0
Stock-based compensation included in capitalized software and website development costs	132	93	8
Holdback consideration for acquisitions	$ 8	$ 0	$ 3

Organization and Description of

Organization and Description of Business	12 Months Ended
Organization and Description of Business	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Description of Business	Organization and Description of Business Description of Business DoorDash, Inc. (the “Company”) is incorporated in Delaware with headquarters in San Francisco, California. The Company operates a local commerce platform that enables local businesses to address consumers’ expectations of ease and immediacy and thrive in today’s convenience economy. The Company operates a local commerce platform that connects merchants, consumers, and Dashers. The Company's primary offerings are the DoorDash Marketplace, which operates in four countries including the United States, and the Wolt Marketplace, which operates in 23 countries, most of which are in Europe. Both the DoorDash Marketplace and the Wolt Marketplace ("Marketplaces") provide a suite of services that enable merchants to establish an online presence, generate demand, seamlessly transact with consumers, and fulfill orders primarily through independent contractors who use the Company’s platform to deliver orders (“Dashers”). As part of the Marketplaces, the Company also offers Pickup, which allows consumers to place advance orders, skip lines, and pick up their orders conveniently with no consumer fees, as well as DoorDash for Work, which provides merchants on the Company’s platform with large group orders and catering orders for businesses and events. The DoorDash Marketplace also includes DashPass and the Wolt Marketplace includes Wolt+. DashPass and Wolt+ are the Company’s membership products, which provide members with unlimited access to eligible merchants with zero delivery fees and reduced service fees on eligible orders. In addition to the Marketplaces, the Company offers Platform Services, which primarily includes DoorDash Drive and Wolt Drive ("Drive"), which are white-label delivery fulfillment services that enable merchants that have generated consumer demand through their own channels to fulfill this demand using the Company’s platform. Platform Services also includes DoorDash Storefront ("Storefront"), which enables merchants to create their own branded online ordering experience, providing them with a turnkey solution to offer consumers on-demand access to e-commerce without investing in in-house engineering or fulfillment capabilities, and Bbot ("Bbot"), which offers merchants solutions for their in-store and online channels, including in-store digital ordering and payments. Initial Public Offering On December 9, 2020, the Company completed its initial public offering ("IPO") in which it issued and sold 33 million shares of its Class A common stock at the public offering price of $102.00 per share. The Company received net proceeds of $3.3 billion after deducting underwriting discounts and commissions and offering costs. Immediately prior to the completion of the IPO, all shares of the Company’s outstanding redeemable convertible preferred stock automatically converted into 239 million shares of its common stock. Additionally, immediately prior to the completion of the IPO, the Company filed its Amended and Restated Certificate of Incorporation, which authorizes a total of 6.0 billion shares of Class A common stock, 200 million shares of Class B common stock, 2.0 billion shares of Class C common stock, and 600 million shares of preferred stock. Upon the filing of the Amended and Restated Certificate of Incorporation, 285 million shares of the Company’s common stock were automatically reclassified into an equivalent number of shares of the Company’s Class A common stock (the “Reclassification”). Immediately after the Reclassification and prior to the completion of the IPO, a total of 31 million shares of Class A common stock held by Tony Xu, Andy Fang, Stanley Tang, and their respective affiliated trusts were exchanged for an equivalent number of shares of Class B common stock pursuant to the terms of certain exchange agreements. As a result, following the completion of the IPO, the Company has three classes of authorized common stock: Class A common stock, Class B common stock, and Class C common stock, of which Class A common stock and Class B common stock were outstanding as of December 31, 2021 and 2022. The Company granted certain employees restricted stock units (“RSUs”) with both service-based and liquidity event-related performance vesting conditions ("IPO Vested RSUs"). Upon the consummation of the Company’s IPO, the Company recognized $279 million of stock-based compensation expense for IPO Vested RSUs as the performance vesting condition was satisfied. One share of Class A common stock for each of the IPO Vested RSUs was settled and delivered on June 7, 2021 (the “IPO Vested RSU Settlement Date”). The future tax benefits on settlement of the above RSUs is not expected to be material as currently the Company has established valuation allowances to reduce its net deferred tax assets to the amount that is more likely than not to be realized.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
Summary of Significant Accounting Policies	Dec. 31, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries and entities consolidated under the variable interest entity model, and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). All intercompany balances and transactions have been eliminated in consolidation. Segments Operating segments are defined as components of an entity for which separate financial information is available and that is regularly reviewed by the Chief Operating Decision Maker (“CODM”) in deciding how to allocate resources to an individual segment and in assessing performance. The Company’s Chief Executive Officer is the Company’s CODM. The CODM reviews financial information presented on a consolidated basis for purposes of making operating decisions, allocating resources, and evaluating financial performance. As such, the Company has determined that it operates in one reportable segment. See Note 3 – "Revenue" for revenue by geography. Long-lived assets, which consist of property and equipment, net and operating lease right-of-use assets, located outside of the United States were $28 million and $124 million a s of December 31, 2021 and 2022, respectively. Use of Estimates The preparation of consolidated financial statements in accordance with GAAP requires management to make certain estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities and the related disclosures at the date of the financial statements, as well as the reported amounts of revenue and expenses during the periods presented. Estimates include, but are not limited to, revenue recognition, allowances for credit losses, gift card breakage, estimated useful lives of property and equipment, capitalized software and website development costs, intangible assets, valuation of stock-based compensation, valuation of investments and other financial instruments including valuation of investments without readily determinable fair values, valuation of acquired intangible assets and goodwill, the incremental borrowing rate applied in lease accounting, insurance reserves, loss contingencies, and income and indirect taxes. Actual results could differ from these estimates. Business Combinations The Company accounts for business combinations using the acquisition method of accounting, which requires, among other things, allocation of the fair value of purchase consideration to the tangible and intangible assets acquired and liabilities assumed at their estimated fair values on the acquisition date. The excess of the fair value of purchase consideration over the values of these identifiable assets and liabilities is recorded as goodwill. When determining the fair value of assets acquired and liabilities assumed, management makes significant estimates and assumptions, especially with respect to the valuation of intangible assets. Management’s estimates of fair value are based upon assumptions believed to be reasonable, but which are inherently uncertain and unpredictable and, as a result, actual results may differ from estimates. During the measurement period, not to exceed one year from the date of acquisition, the Company may record adjustments to the assets acquired and liabilities assumed, with a corresponding offset to goodwill if new information is obtained related to facts and circumstances that existed as of the acquisition date. Upon the conclusion of the measurement period or final determination of the fair value of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are reflected in the consolidated statements of operations. Acquisition costs, such as legal and consulting fees, are expensed as incurred. Cash, Cash Equivalents, and Restricted Cash Cash includes demand deposits with banks or financial institutions as well as cash in transit from payment processors. Cash equivalents include short-term, highly liquid investments with original maturities of three months or less and their carrying values approximate fair value due to their short-term maturities. Restricted cash consists of collateral provided for letters of credit established primarily for real estate leases and insurance policies. As of December 31, 2021 and 2022, the restricted cash balances were $2 million and $211 million, respectively. Marketable Securities Marketable securities primarily consist of commercial paper, U.S. government agency securities, U.S. Treasury securities, and corporate bonds. The Company invests in a diversified portfolio of marketable securities and limits the concentration of its investment in any particular security. Securities with maturities greater than three months, but less than one year, are included in current assets and securities with maturities greater than one year are included in non-current assets on the consolidated balance sheets. All marketable securities are classified as available-for-sale and reported at fair value. If the estimated fair value of an available-for-sale debt security is below its amortized cost basis, then the Company evaluates the security for impairment. The Company considers its intent to sell the security or whether it is more likely than not that it will be required to sell the security before recovery of its amortized basis. If either of these criteria are met, the debt security’s amortized cost basis is written down to fair value through other income (expense), net in the consolidated statements of operations. If neither of these criteria are met, the Company evaluates whether unrealized losses have resulted from a credit loss or other factors. The factors considered in determining whether a credit loss exists can include the extent to which fair value is less than the amortized cost basis, changes to the rating of the security by a rating agency, any adverse conditions specifically related to the security, as well as other factors. An impairment relating to credit losses is recorded through an allowance for credit losses reported in other income (expense), net in the consolidated statements of operations. The allowance is limited by the amount that the fair value of the debt security is below its amortized cost basis. When a credit loss exists, the Company compares the present value of cash flows expected to be collected from the debt security with the amortized cost basis of the security to determine what allowance amount, if any, should be recorded. As of December 31, 2021 and 2022, no allowance of credit losses related to marketable securities was recorded. Unrealized losses not resulting from credit losses are recorded through accumulated other comprehensive income (loss). Funds Held at Payment Processors Funds held at payment processors represent cash due from the Company’s payment processors for transactions with merchants and consumers, as well as funds transferred to payment processors for Dasher payout. Accounts Receivable, Net and Allowance for Credit Losses Accounts receivable, net primarily represents receivables from merchants that were generated through the Company’s Drive offering. The Company maintains an allowance for credit losses, which is based on the Company’s assessment of the collectability of accounts. The Company regularly reviews the adequacy of the allowance for credit losses on a collective basis by considering the age of each outstanding invoice, each customer’s expected ability to pay and collection history, current market conditions, and reasonable and supportable forecasts of future economic conditions to determine whether the allowance is appropriate. Accounts receivable deemed uncollectible are charged against the allowance for credit losses when identified. Property and Equipment, Net Property and equipment are recorded at cost and depreciated using the straight-line method over the estimated useful lives of the related assets. The useful lives are as follows: Estimated Useful Life Equipment for merchants 2 years Computer equipment and software 2 years Office equipment 5 years Capitalized software and website development costs 2 years Leasehold improvements Shorter of estimated useful life or lease term Maintenance and repair costs are charged to expense as incurred. Upon disposal of a fixed asset, the Company records a gain or loss based on the difference between the proceeds received and the net book value of the disposed asset. Disposals were not material for the years ended December 31, 2020, 2021 and 2022. Intangible Assets, Net Intangible assets are recorded at fair value as of the date of acquisition and amortized on a straight-line basis over their estimated useful lives. The Company reviews identifiable amortizable intangible assets for impairment under the long-lived asset model described under “Impairment of Long-Lived Assets” below. Goodwill Goodwill represents the excess of the purchase price over the fair value of the net tangible and intangible assets acquired in a business combination. Goodwill is not amortized, but is tested for impairment at least annually or more frequently if events or changes in circumstances indicate that the asset may be impaired. The Company’s impairment tests are based on a single operating segment and reporting unit structure. If the carrying value of the reporting unit exceeds its fair value, an impairment charge is recognized for the excess of the carrying value of the reporting unit over its fair value. The Company conducted its annual goodwill impairment test during the fourth quarter of 2022 and determined that the fair value of the reporting unit significantly exceeded its carrying value. No impairment charge was recorded in any of the periods presented in the accompanying consolidated financial statements. Non-Marketable Equity Securities Non-marketable equity securities which the Company does not have a controlling financial interest in and does not exercise significant influence over the investee are recorded at cost and adjusted for observable transactions for same or similar investments of the same issuer (referred to as the measurement alternative) or impairment. The carrying value is not adjusted for the Company’s non-marketable equity securities if there are no observable price changes in a same or similar security from the same issuer or if there are no identified events or changes in circumstances that may indicate impairment. Capitalized Software and Website Development Costs The Company incurred costs relating to the development of the Company’s technology platform, which includes Dasher and merchant tools, mobile apps, and website and content development. Software development costs related to software acquired, developed, or modified solely to meet the Company’s internal requirements, with no substantive plans to market such software at the time of development, are capitalized during the application development stage of the project. Costs incurred during the preliminary planning and evaluation stage of the project and during the post implementation operational stage are expensed as incurred. Costs to develop the Company’s technology platform are capitalized when preliminary development efforts are successfully completed, management has authorized and committed project funding, and it is probable that the project will be completed and the software will be used as intended. Costs incurred for enhancements that are expected to result in additional functionality are capitalized and expensed over the estimated useful life of the upgrades on a per project basis. Impairment of Long-Lived Assets The Company evaluates its long-lived assets or asset groups for indicators of possible impairment by comparison of the carrying amount to future net undiscounted cash flows expected to be generated by such asset or asset group when events or changes in circumstances indicate the carrying amount of an asset or asset group may not be recoverable. Should an impairment exist, the impairment loss would be measured based on the excess carrying value of the asset or asset group over the asset’s or asset group’s fair value generally determined by estimates of future discounted cash flows. Assets to be disposed of are reported at the lower of their carrying amount or fair value less costs to sell. During the years ended December 31, 2020, 2021 and 2022, the Company recognized impairment charges of $11 million, $1 million and $2 million, respectively, related to an operating lease right-of-use asset associated with its former headquarters, which the Company subleased to another company. Insurance Reserves The Company utilizes third-party insurance which include retained insurance deductibles to insure costs including auto liability related to both bodily injury and physical damage, and uninsured and underinsured motorists up to a certain dollar retention limit. The recorded insurance reserves reflect the estimated cost for claims incurred but not paid and claims that have been incurred but not yet reported. The estimate of the Company’s ultimate deductible obligation utilizes actuarial techniques applied to historical claim and loss experience. Given its limited operational history, the Company utilizes assumptions based on actuarial judgments with consideration toward relevant industry claim and loss development factors, which includes the development time frame and settlement patterns, and expected loss rates. Reserves are periodically reviewed and adjusted as necessary as experience develops or new information becomes known. However, ultimate results may differ from the Company’s estimates, which could result in losses over the Company’s reserved amounts. During the years ended December 31, 2020, 2021 and 2022, the Company recorded additions to the insurance reserves of $63 million, $134 million and $359 million, respectively. The Company’s retained insurance deductibles reserves as of December 31, 2022 was $418 million. Loss Contingencies The Company is involved in various lawsuits, claims, investigations, and proceedings that arise in connection with its business. Certain of these matters include speculative claims for substantial or indeterminate amounts of damages. The Company records a liability in accrued expenses and other current liabilities on the consolidated balance sheets when the Company believes that it is both probable that a loss has been incurred and the amount or range can be reasonably estimated. The Company discloses material contingencies when it believes that a loss is not probable but reasonably possible. Significant judgment is required to determine both probability and the estimated amount. The Company reviews these provisions on a quarterly basis and adjusts these provisions accordingly to reflect the impact of negotiations, settlements, rulings, advice of legal counsel, and updated information. Sales and Indirect Taxes The Company records sales and indirect tax liabilities when they become probable and the amount can be reasonably estimated. Sales and indirect tax liabilities are included in accrued expenses and other current liabilities on the consolidated balance sheets. Accumulated Other Comprehensive Income (Loss) Accumulated other comprehensive income (loss) primarily consists of foreign currency translation adjustments and unrealized gains and losses on available-for-sale marketable securities. The financial statements of the Company’s foreign subsidiaries are translated from their functional currency, which is typically the local currency, into U.S. dollars. Assets and liabilities are translated at period end rates of exchange, and revenue and expenses are translated using average monthly exchange rates. The resulting gain or loss is included in accumulated other comprehensive income (loss) on the consolidated balance sheets. Available-for-sale securities are reported at fair value, with unrealized gains and losses included as a separate component of stockholders’ equity within accumulated other comprehensive income (loss). Stock-Based Compensation The fair value of restricted stock and RSUs is estimated based on the fair value of the Company’s common stock on the date of grant. Prior to November 2020, RSUs granted by the Company vest upon the satisfaction of both a service-based vesting condition, which is typically four years, and a liquidity event-related performance vesting condition. The liquidity event-related performance vesting condition was achieved upon the consummation of the Company's IPO, and the Company recorded a cumulative stock-based compensation expense of $279 million as of the IPO date for those RSUs for which the service-based vesting condition has been satisfied. Stock-based compensation related to the remaining service-based period after the liquidity event-related performance vesting condition was satisfied will be recorded over the remaining requisite service period using the accelerated attribution method. Since November 2020, with the exception of the CEO Performance Award and options assumed via acquisition (as discussed further in Note 12 - "Common Stock"), the Company only granted RSUs that vest upon the satisfaction of a service-based vesting condition and the compensation expense for these RSUs is recognized on a straight-line basis over the requisite service period. For the CEO Performance Award (as defined below) that includes a market condition, the fair value of the award was determined using a Monte Carlo simulation model. The associated stock-based compensation is recorded over the derived service period, using the accelerated attribution method. If the stock price goals are met sooner than the derived service period, the Company will adjust the stock-based compensation expense to reflect the cumulative expense associated with the vested award. Provided that Tony Xu continues to be the Chief Executive Officer of the Company, stock-based compensation expense is recognized over the requisite service period, regardless of whether the stock price goals are achieved. Prior to the IPO, the fair value of the shares of common stock underlying the stock options and RSUs has historically been determined by the Company’s board of directors as there is no public market for the underlying common stock. The Company’s board of directors determined the fair value of the Company’s common stock by considering a number of objective and subjective factors including: contemporaneous third-party valuations of its common stock, the valuation of comparable companies, sales of the Company’s common and redeemable convertible preferred stock to outside investors in arms-length transactions (including the IPO), the Company’s operating and financial performance, the lack of marketability, and the general and industry specific economic outlook, amongst other factors. After the completion of the IPO, the fair value of the Company's Class A common stock is determined based on the New York Stock Exchange (the "NYSE") closing price on the date of grant. The Company records forfeitures when they occur for all share-based payment awards. Provision for Income Taxes The Company accounts for income taxes using the asset and liability method. Under this method, deferred income tax assets and liabilities are recorded based on the estimated future tax effects of differences between the financial statement and income tax basis of existing assets and liabilities. These differences are measured using the enacted statutory tax rates that are expected to apply to taxable income for the years in which differences are expected to reverse. The Company recognizes the effect on deferred income taxes of a change in tax rates in the period that includes the enactment date. The Company records a valuation allowance to reduce its deferred tax assets to the net amount that it believes is more-likely-than-not to be realized. Management considers all available evidence, both positive and negative, including historical levels of income, expectations and risks associated with estimates of future taxable income, and ongoing tax planning strategies in assessing the need for a valuation allowance. The Company operates in various tax jurisdictions and is subject to audit by tax authorities. The Company recognizes the tax benefit of an uncertain tax position only if it is more-likely-than-not that the position is sustainable upon examination by the taxing authority, based on the technical merits. The tax benefit recognized is measured as the largest amount of benefit which is greater than 50% likely to be realized upon settlement with the taxing authority. The Company recognizes interest accrued and penalties related to unrecognized tax benefits in the provision for income taxes. Fair Value The Company measures certain assets and liabilities at fair value on a recurring basis based on an expected exit price, which represents the amount that would be received on the sale of an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value may be based on assumptions that market participants would use in pricing an asset or liability. The authoritative guidance on fair value measurements establishes a consistent framework for measuring fair value on either a recurring or nonrecurring basis, whereby inputs used in valuation techniques, are assigned a hierarchical level. The following are the hierarchical levels of inputs to measure fair value: Level 1 Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 Inputs reflect quoted prices for identical assets or liabilities in markets that are not active; quoted prices for similar assets or liabilities in active markets; inputs other than quoted prices that are observable for the assets or liabilities; or inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 3 Unobservable inputs reflecting the Company’s own assumptions incorporated in valuation techniques used to determine fair value. These assumptions are required to be consistent with market participant assumptions that are reasonably available. The carrying amounts of certain of the Company’s financial instruments, which include cash equivalents, accounts receivable, accounts payable, and accrued expenses and other current liabilities approximate their fair values due to their short maturities. Concentration of Credit Risk The Company’s cash, cash equivalents, marketable securities, funds held at payment processors, and accounts receivable are potentially subject to concentration of credit risk. Although the Company deposits its cash with multiple financial institutions, the deposits, at times, may exceed federally insured limits. Management believes that the institutions are financially stable and, accordingly, minimal credit risk exists. The Company limits purchases of debt securities to investment-grade securities. The Company has not experienced any significant credit losses historically. The Company relies on a limited number of third parties to provide payment processing services (“payment processors”) including collecting amounts due from end-users and processing Dasher payouts. Payment processors are financial institutions or credit card companies that the Company believes are of high credit quality. The Company retains the risk of collecting such amounts from the payment processors, which are included in funds held at payment processors for the unsettled portion at each period end. The portion of the payments to be remitted to Dashers and merchants is included in accrued expenses and other current liabilities. Although the Company pre-authorizes forms of payment to mitigate its exposure, the Company absorbs all credit card losses. Accounts receivable, net primarily represents receivables from merchants that were generated through the Company’s Drive offering. As of December 31, 2021, two entities in dividually accounted for 15% and 14% of accounts receivable, net, respectively. As of December 31, 2022, one entity in dividually accounted for 14% of accounts receivable, net. No customer accounted for 10% or more of revenue for the years ended December 31, 2020, 2021, and 2022. Revenue Recognition The Company recognizes revenue in accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 606, Revenue from Contracts with its Customers. The Company generates a substantial majority of its revenue from orders completed through its Marketplaces and the related commissions charged to partner merchants and fees charged to consumers. A partner merchant represents a merchant that has entered into a contractual agreement with the Company. Revenue from the Marketplaces is recognized at the point in time when the consumer obtains control of the merchant’s products. The Company also generates revenue from membership fees paid by consumers for DashPass and Wolt+, which is recognized as part of the Marketplaces . Revenue generated from the Company’s DashPass and Wolt+ memberships is recognized on a ratable basis over the contractual period, which is generally one month to one year depending on the type of membership purchased by the consumer. In addition, the Company also generates revenue from its Drive offering by collecting per-order fees from merchants that use its local commerce platform to arrange for delivery services that fulfill demand generated through their own channels. Revenue from Drive is recognized at the point in time when the consumer obtains control of the merchant’s products. When determining the appropriate accounting for the fees collected in exchange for the use of the Company’s local commerce platform, the Company considered its contractual arrangements with the parties involved as well as its customary business practices. Under the Company’s agreements with partner merchants, the Company agrees to a commission to be earned as a percentage of the total dollar value of goods ordered. When a consumer signs up to use the Company’s local commerce platform, the consumer agrees to be charged certain fees, at the time an order is placed, in exchange for use of the platform. The Company has concluded that a contract exists between the Company and a partner merchant when the partner merchant accepts each consumer’s order, and a contract exists between the Company and a consumer when the consumer places the order and requests delivery services. The duration of a contract is typically equal to the time between when the order is placed and a Dasher picks up the food from the merchant. Contracts including variable consideration with partner merchants were not material for the periods presented. The Company’s local commerce platform facilitates orders between consumers and partner merchants. Separately, the Company’s platform arranges for consumers to obtain delivery service from Dashers. The Company has determined that the order facilitation service and delivery facilitation service are distinct performance obligations and has therefore considered whether it is a principal or agent separately for each of these items. The order facilitation service and the delivery facilitation service are distinct given that the consumer can benefit from each item separately. Further, the order facilitation service and delivery facilitation service are separately identifiable as the nature of the promises are to transfer the order facilitation service and delivery facilitation service individually, rather than as a combined item. Principal vs. Agent Considerations Judgment is required in determining whether the Company is the principal or the agent in transactions with partner merchants, consumers, and Dashers. As it relates to the accounting for order facilitation services and delivery facilitation services, the Company evaluated whether to present revenue on a gross versus net basis based on whether it controls each specified good or service before it is provided to the consumer in Marketplace transactions. With respect to order facilitation services, the Company has determined it is an agent for partner merchants in facilitating the sale of products to the consumer through its Marketplaces. The consumer accesses the Company’s local commerce platform to identify merchants and places an order for merchants’ products. These orders are picked up from partner merchants and delivered to consumers by Dashers. The Company does not control the products prior to them being transferred to the consumer as it neither has the ability to redirect the products to another consumer nor does it obtain any economic benefit from the products. With respect to the vast majority of its delivery facilitation services, the Company has determined it is acting as an agent for the consumer in facilitating the delivery of products by connecting consumers with Dashers. As the Company’s role with the delivery facilitation service is only to arrange for a delivery opportunity to be offered to prospective Dashers, it does not control how the delivery service is ultimately provided to the consumer. In the vast majority of its transactions with end-users, the Company is an agent in facilitating the sale of products and delivery services, thus the Company reports revenue on a net basis, reflecting amounts collected from consumers, less amounts remitted to merchants and Dashers. Dasher payout represents the amounts paid to Dashers for deliveries, including incentives and tips, except for certain referral bonuses. From time to time, Dashers may request an earlier payment settlement in exchange for a reduction in Dasher payout. The amounts payable to merchants and Dashers are included in accrued expenses and other current liabilities on the consolidated balance sheets as payments are typically settled on a weekly basis. The Company recognizes revenue from both partner merchants and consumers for each successfully completed transaction. The Company satisfies its performance obligations to a partner merchant when there is a successful sale of the merchant’s products and meets its performance obligation to a consumer once the Dasher has picked up the products from the merchant for delivery to the consumer. The Company also provides value-add services to merchants. These services are generally considered separate performance obligations and revenue is recognized over the period in which services are provided. Revenue generated from such services is not material in all periods presented. Gift Cards The Company sells gift cards to consumers that can be redeemed through the Marketplaces. Th ose gift cards have no expiration date and administrative fees are not charged on unused gift cards. In prior periods, with limited history as to consumers' redemption patterns, proceeds from the sale of gift cards were fully deferred and recorded as contract liabilities until consumers used the card to place orders on its platform. When gift cards are redeemed, revenue is recognized on a net basis as the difference between the amounts collected from consumers less amounts remitted to merchants and Dashers. During the year ended December 31, 2021, the Company concluded that it had developed sufficient historical evidence regarding the pattern of consumer redemptions of gift cards to have the ability to estimate the portion of outstanding gift cards that will never be redeemed (“breakage”) and for which there is no legal obligation to remit the value of the unredeemed gift cards to the relevant jurisdiction as unclaimed or abandoned property. The Company recognizes the breakage amounts as revenue, proportionate to the pattern of revenue recognition for the gift card redemptions. The Company recorded $48 million and $47 million of gift card breakage revenue during the years ended December 31, 2021 and 2022, respectively. Estimating future breakage rates requires judgment based on current and historical patterns of redemption, and the actual breakage rates may vary from the estimate. Refunds and Credits From time to time the Company issues credits or refunds to merchants and consumers to ameliorate issues that may arise with orders. The Company accounts for such refunds as variable consideration and therefore records the amount of each refund or credit issued as a reduction of revenue. Incentive Programs The Company offers incentives to attract consumers and Dashers to use its local commerce platform. Consumers typically receive credits or discounted delivery fees while D

Revenue

Revenue	12 Months Ended
Revenue	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Revenue	Revenue Disaggregated Revenue Information All revenue recognized during the periods presented was related to the Company's core business, which is primarily comprised of the Company's Marketplaces and Platform Services. Revenue by geographic area is determined based on the address of the merchant, or in the case of the Company's membership products, the address of the consumer. Revenue by geographic area was as follows (in millions): Year Ended December 31, 2020 2021 2022 United States $ 2,875 $ 4,877 $ 6,251 International 11 11 332 Total revenue $ 2,886 $ 4,888 $ 6,583 Contract Liabilities The timing of revenue recognition may differ from the timing of invoicing to or collections from customers. The Company’s contract liabilities balance, which is included in accrued expenses and other current liabilities on the consolidated balance sheets, is primarily comprised of unredeemed gift cards, prepayments received from consumers and merchants, certain consumer credits as well as other transactions for which the revenue is recognized over time. A summary of activities related to contract liabilities for the year ended December 31, 2022 was as follows (in millions): Year Ended December 31, 2022 Beginning balance $ 183 Addition to contract liabilities 1,807 Reduction of contract liabilities (1)(2) (1,739) Ending balance $ 251 (1) Gift cards and certain consumer credits can be redeemed through the Marketplaces. When they are redeemed, revenue is recognized on a net basis as the difference between the amounts collected from consumers less amounts remitted to merchants and Dashers for those transactions. Therefore, the amount recognized as revenue related to the reduction of gift cards and certain consumer credits is less than the amount presented in the table above. Net revenue associated with gift cards and certain consumer credits is not tracked by the Company as it is impracticable to do so. (2) Included in the beginning balance of contract liabilities was $68 million associated with unearned prepayments received by the Company, all of which was recognized as revenue during the year ended December 31, 2022. The ending balance of unearned prepayments is expected to be recognized as revenue in 12 months or less. Deferred Contract Costs Deferred contract costs represent direct and incremental costs incurred to acquire or fulfill the Company’s contracts, consisting of sales commissions and costs related to merchant onboarding, which the Company expects to recover. Deferred contract costs are amortized on a straight-line basis over the expected period of benefit, which the Company determined by considering historical attrition rates and other factors. Deferred contract costs are recorded in prepaid expenses and other current assets and other assets on the consolidated balance sheets. Amortization of deferred contract costs related to sales commissions is recognized in sales and marketing expense and amortization of deferred contract costs related to merchant onboarding is recognized in cost of revenue, exclusive of depreciation and amortization in the consolidated statements of operations. A summary of activities related to deferred contract costs was as follows (in millions): Year Ended December 31, 2020 2021 2022 Beginning balance $ 21 $ 43 $ 62 Capitalization of deferred contract costs 32 39 70 Amortization of deferred contract costs (10) (20) (32) Ending balance $ 43 $ 62 $ 100 Deferred contract costs, current $ 16 $ 25 $ 36 Deferred contract costs, non-current 27 37 64 Total deferred contract costs $ 43 $ 62 $ 100 Allowance for Credit Losses The allowance for credit losses related to accounts receivable and changes were as follows (in millions): Year Ended December 31, 2020 2021 2022 Beginning balance $ 2 $ 13 $ 39 Additions to the provision for expected credit losses 16 37 — Write-offs charged against the allowance (5) (11) (19) Ending balance $ 13 $ 39 $ 20

Acquisitions

Acquisitions	12 Months Ended
Acquisitions	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Acquisitions	Acquisitions Wolt Acquisition On May 31, 2022, the Company completed the acquisition of 100 percent of the outstanding equity interests of Wolt Enterprises Oy (“Wolt”). The Company's aim is to accelerate its product development, increase its international scale, bring greater focus to its markets outside the United States, and improve the value provided to consumers, merchants, as well as Dashers around the world. The Company’s acquisition-related costs for the year ended December 31, 2022 were $48 million. All costs were recorded as general and administrative expenses on the Company’s consolidated statements of operations during the period in which they were incurred. The acquisition date fair value of the consideration transferred for Wolt was $2,838 million, which consisted of the following (in millions): Fair Value DoorDash Class A common stock $ 2,705 Stock-based compensation awards (DoorDash options, RSUs, and revesting common stock) attributable to pre-combination services 133 Total consideration $ 2,838 The fair value of 36 million shares of Class A common stock issued was determined on the basis of the closing market price of the Company’s Class A common stock on the acquisition date. The Company also issued certain stock-based compensation awards and their fair value was determined using a Black-Scholes option pricing model with the applicable assumptions as of the acquisition date for options (1.7 million DoorDash options) and using the closing market price of the Company's Class A common stock on the acquisition date for RSUs (1.4 million DoorDash RSUs). For certain Wolt employees, a portion of their total consideration transferred was restricted subject to revesting over a service period, including 568 thousand shares of the Company's Class A common stock. This restricted equity consideration is considered compensation for post-combination services and will be recognized as stock-based compensation expense over the next four years, based on the fair value of the shares using the closing market price of the Company's Class A common stock on the acquisition date. The total purchase consideration of the Wolt acquisition was allocated to the tangible and intangible assets acquired, and liabilities assumed, based upon their respective fair values as of the date of the acquisition. The Company recorded $1,994 million of goodwill which represents the excess of the purchase price over the net assets acquired. Goodwill is primarily attributed to the assembled workforce of Wolt and anticipated synergies from the future growth and strategic advantages in the global local commerce industry. The goodwill recorded in connection with the acquisition of Wolt is not deductible for tax purposes. The fair value of assets acquired and liabilities assumed are based on management’s best estimate and assumptions, and are considered preliminary and subject to change within the measurement period, including potential adjustments to sales tax balances and other liabilities, as additional information is received. During the three months period ended December 31, 2022, the Company recorded measurement period adjustments which had an immaterial impact on the total consideration and the preliminary allocation of the purchase price to the fair value of the assets acquired and liabilities assumed. The Company expects to finalize the allocation of the purchase price as soon as practicable, but no later than one year from the acquisition date when the measurement period ends. The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed as of the acquisition date (in millions): May 31, 2022 Current assets $ 272 Intangible assets 772 Goodwill 1,994 Other non-current assets 82 Current liabilities (201) Deferred tax liability, net (34) Other non-current liabilities (47) Total purchase price $ 2,838 The following table sets forth the components of intangible assets acquired (in millions) and their estimated useful life as of the date of acquisition (in years): Estimated Useful Life May 31, 2022 Merchant relationships 11 $ 236 Trademark 10 268 Existing technology 6 150 Customer relationships 3 107 Courier relationships 1 11 Total acquired intangible assets $ 772 Existing technology represents the existing online and mobile Wolt platform for restaurant and grocery delivery and pickup orders. The merchant, customer, and courier relationships represent the fair value of the underlying relationships with merchants, such as restaurants and grocery stores, users of Wolt’s food and delivery services, and courier partners. The estimated fair values of the existing technology and trademarks were determined using a relief from royalty method. The fair values of the merchant, courier and customer relationships were determined using a replacement cost method. The Company expects to amortize the fair value of these intangible assets on a straight-line basis over their respective estimated useful lives. From the date of acquisition through December 31, 2022, the amount of revenue and net loss from Wolt included in the consolidated statements of operations were $259 million and $345 million, respectively. The following unaudited pro forma results presents the combined revenue and net loss as if the Wolt acquisition had been completed on January 1, 2021, the beginning of the comparable annual reporting period. The unaudited pro forma information is based on estimates and assumptions which the Company believes are reasonable and primarily reflects adjustments for the pro forma impact of additional amortization related to the fair value of acquired intangible assets and transaction costs. The unaudited pro forma results are presented for informational purposes only and are not necessarily indicative of what the actual results of operations of the combined company would have been if the acquisition had occurred at the beginning of the periods presented, nor are they indicative of future results of operations. The unaudited pro forma results are as follows (in millions): Year Ended December 31, 2021 2022 Revenue $ 5,128 $ 6,734 Net loss $ (1,039) $ (1,549) Bbot Acquisition On March 1, 2022, the Company acquired Bbot, Inc., a hospitality technology company. The addition of Bbot's products and technology to the Company's platform will offer merchants more solutions for their in-store and online channels, including in-store digital ordering and payments. The acquisition was accounted for under the acquisition method of accounting. The total purchase consideration was approximately $88 million in cash, including a $9 million indemnification holdback, which was recorded in other liabilities. The total purchase consideration was allocated to the tangible and intangible assets acquired, and liabilities assumed, based upon their respective fair values as of the date of the acquisition. The excess of the purchase price over the net assets acquired was recorded as goodwill. Goodwill is primarily attributable to the anticipated synergies from the future growth opportunities from the adoption of Bbot’s technology by the Company’s merchants. The goodwill recorded in connection with the acquisition of Bbot is not deductible for tax purposes. The fair value of assets acquired and liabilities assumed are based on management’s best estimate and assumptions, and are considered preliminary pending finalization of the valuation analyses pertaining to assets acquired and liabilities assumed, which primarily relate to acquired intangible assets. During the three months period ended December 31, 2022, the Company recorded measurement period adjustments which had an immaterial impact on the preliminary allocation of the purchase price to the fair value of the assets acquired and liabilities assumed. The measurement period will end no later than one-year from the acquisition date. The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed as of the acquisition date (in millions): March 1, 2022 Current assets $ 11 Intangible assets 18 Goodwill 60 Other liabilities (1) Total purchase price $ 88 The intangible assets acquired consisted of existing technology and customer relationships, which had estimated remaining useful lives of 5 and 3 years as of the date of the acquisition, respectively. The acquisition was not material to the Company for the periods presented and therefore, pro forma information has not been presented.

Goodwill and Intangible Assets,

Goodwill and Intangible Assets, Net	12 Months Ended
Goodwill and Intangible Assets, Net	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets, Net	Goodwill and Intangible Assets, Net The changes in the carrying amount of goodwill for the periods presented were as follows (in millions): Total Balance as of December 31, 2020 $ 316 Addition — Balance as of December 31, 2021 316 Acquisitions 2,054 Balance as of December 31, 2022 $ 2,370 There was no goodwill impairment during the periods presented. See Note 4 – "Acquisitions" for further details of goodwill recorded. Intangible assets, net consisted of the following as of December 31, 2021 (in millions): Weighted-average Gross Carrying Accumulated Net Carrying Existing technology 7.0 $ 71 $ (52) $ 19 Merchant relationships 10.8 45 (8) 37 Courier relationships — 1 (1) — Customer relationships 0.8 9 (6) 3 Trade name and trademarks 0.8 6 (4) 2 Balance as of December 31, 2021 $ 132 $ (71) $ 61 Intangible assets, net consisted of the following as of December 31, 2022 (in millions): Weighted-average Gross Carrying Accumulated Net Carrying Existing technology 5.3 $ 236 $ (88) $ 148 Merchant relationships 10.0 294 (26) 268 Courier relationships 0.4 12 (7) 5 Customer relationships 2.4 119 (30) 89 Trade name and trademarks 9.4 277 (22) 255 Balance as of December 31, 2022 $ 938 $ (173) $ 765 Amortization expense associated with intangible assets was $51 million, $13 million, and $99 million for the years ended December 31, 2020, 2021 and 2022, respectively. The estimated future amortization expense of intangible assets as of December 31, 2022 was as follows (in millions): Year Ending December 31, Amortization 2023 $ 126 2024 122 2025 97 2026 80 2027 77 Thereafter 263 Total estimated future amortization expense $ 765

Fair Value Measurements

Fair Value Measurements	12 Months Ended
Fair Value Measurements	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Assets Measured at Fair Value on a Recurring Basis The following tables set forth the Company’s financial instruments that were measured at fair value on a recurring basis by level within the fair value hierarchy (in millions): December 31, 2021 Level 1 Level 2 Level 3 Total Cash equivalents Money market funds $ 544 $ — $ — $ 544 U.S. Treasury securities — 50 — 50 Short-term marketable securities Commercial paper — 373 — 373 Corporate bonds — 141 — 141 U.S. government agency securities — 69 — 69 U.S. Treasury securities — 670 — 670 Long-term marketable securities Corporate bonds — 114 — 114 U.S. government agency securities — 49 — 49 U.S. Treasury securities — 487 — 487 Total $ 544 $ 1,953 $ — $ 2,497 December 31, 2022 Level 1 Level 2 Level 3 Total Cash equivalents Money market funds $ 886 $ — $ — $ 886 Commercial paper — 3 — 3 Short-term marketable securities Commercial paper — 306 — 306 Corporate bonds — 205 — 205 U.S. government agency securities — 76 — 76 U.S. Treasury securities — 957 — 957 Long-term marketable securities Corporate bonds — 145 — 145 U.S. government agency securities — 44 — 44 U.S. Treasury securities — 208 — 208 Total $ 886 $ 1,944 $ — $ 2,830 The fair value of the Company’s Level 1 financial instruments is based on quoted market prices for identical instruments in active markets. The fair value of the Company’s Level 2 fixed income securities is obtained from independent pricing services, which may use quoted market prices for identical or comparable instruments in less active markets or model driven valuations using observable market data or inputs corroborated by observable market data. Assets Measured at Fair Value on a Non-Recurring Basis The Company’s non-marketable equity securities accounted for using the measurement alternative are recorded at fair value on a non-recurring basis. When indicators of impairment exist or observable price changes in a same or similar security from the same issuer occur, the respective non-marketable equity security would be classified within Level 3 of the fair value hierarchy because the valuation methods include a combination of the observable transaction price at the transaction date and other unobservable inputs. During the years ended December 31, 2021 and 2022, the Company made investments in non-marketable equity securities of $409 million and $18 million, respectively, for equity securities of private companies including an investment of $395 million in preferred shares of a grocery delivery platform company during the year ended December 31, 2021. All those investments were accounted for using the measurement alternative, where the Company adjusts the value of the investments based on changes in value due to observable price changes for identical or similar securities of the investee or impairment. The Company evaluates investments in non-marketable equity securities for impairment based on a qualitative assessment considering various impairment indicators. The Company determined impairment indicators existed as of December 31, 2022 for the investment in the grocery delivery platform company. A valuation was performed to calculate an equity value of the investee, using a market approach, which was then allocated to the preferred shares owned by the Company based on contractual rights and preferences using the option pricing model (“OPM”). The following table summarizes information about the significant unobservable inputs used in the OPM for the Company's investment as of December 31, 2022: Key unobservable inputs Volatility 60.0% Estimated duration used in the OPM 3 years Estimating the fair value of the Company’s investments in non-marketable equity securities requires the use of estimates and judgments. Changes in estimates and judgments could result in different estimates of fair value and future adjustments. The following table summarizes the carrying value of the Company's non-marketable equity securities as of December 31, 2021 and 2022 including impairments and cumulative upward and downward adjustments made to the initial cost basis of the securities, which were recorded in other income (expenses), net in the consolidated statements of operations (in millions): Year Ended December 31, 2021 2022 Initial cost basis $ 409 $ 427 Upward adjustments — 9 Downward adjustments (including impairment) — (312) Total carrying value at the end of reporting period $ 409 $ 124

Balance Sheet Components

Balance Sheet Components	12 Months Ended
Balance Sheet Components	Dec. 31, 2022
Balance Sheet Related Disclosures [Abstract]
Balance Sheet Components	Balance Sheet Components Cash Equivalents and Marketable Securities The following tables summarize the cost or amortized cost, gross unrealized gain, gross unrealized loss, and fair value of the Company’s cash equivalents and marketable securities (in millions): December 31, 2021 Cost or Unrealized Estimated Gains Losses Cash equivalents Money market funds $ 544 $ — $ — $ 544 U.S. Treasury securities 50 — — 50 Short-term marketable securities Commercial paper 373 — — 373 Corporate bonds 141 — — 141 U.S. government agency securities 69 — — 69 U.S. Treasury securities 671 — (1) 670 Long-term marketable securities Corporate bonds 115 — (1) 114 U.S. government agency securities 49 — — 49 U.S. Treasury securities 489 — (2) 487 Total $ 2,501 $ — $ (4) $ 2,497 December 31, 2022 Cost or Unrealized Estimated Gains Losses Cash equivalents Money market funds $ 886 $ — $ — $ 886 Commercial paper 3 — — 3 Short-term marketable securities Commercial paper 306 — — 306 Corporate bonds 207 — (2) 205 U.S. government agency securities 78 — (2) 76 U.S. Treasury securities 970 — (13) 957 Long-term marketable securities Corporate bonds 146 — (1) 145 U.S. government agency securities 44 — — 44 U.S. Treasury securities 210 — (2) 208 Total $ 2,850 $ — $ (20) $ 2,830 For marketable securities with unrealized loss positions, the Company does not intend to sell these securities and it is more likely than not that the Company will hold these securities until maturity or a recovery of the cost basis. No allowance for credit losses was recorded for these securities as of December 31, 2021 and 2022. Property and Equipment, net Property and equipment, net consisted of the following (in millions): December 31, 2021 December 31, 2022 Equipment for merchants $ 160 $ 156 Computer equipment and software 47 68 Capitalized software and website development costs 288 591 Leasehold improvements 98 164 Office equipment 25 52 Construction in progress 31 74 Total 649 1,105 Less: Accumulated depreciation and amortization (247) (468) Property and equipment, net $ 402 $ 637 Depreciation expenses were $52 million, $80 million, and $113 million for the years ended December 31, 2020, 2021, and 2022, respectively. The Company capitalized $61 million, $202 million, and $303 million in capitalized software and website development costs during the years ended December 31, 2020, 2021, and 2022, respectively. Capitalized software and website development costs are included in property and equipment, net on the consolidated balance sheets. Amortization of capitalized software and website development costs was $17 million, $63 million, and $157 million for the years ended December 31, 2020, 2021, and 2022, respectively. Construction in progress primarily included leasehold improvements on premises that are not ready for use and equipment for merchants that are not placed in service. Accrued Expenses and Other Current Liabilities Accrued expenses and other current liabilities consisted of the following (in millions): December 31, 2021 December 31, 2022 Litigation reserves $ 107 $ 37 Sales tax payable and accrued sales and indirect taxes 167 194 Accrued operations related expenses 217 220 Accrued advertising 102 124 Dasher and merchant payable 424 702 Insurance reserves 143 418 Contract liabilities 183 251 Other 230 386 Total $ 1,573 $ 2,332

Leases

Leases	12 Months Ended
Leases	Dec. 31, 2022
Leases [Abstract]
Leases	Leases The Company leases its facilities under non-cancelable lease agreements which expire between 2023 and 2035. Certain of these arrangements have free rent, escalating rent payment provisions, lease renewal options, and tenant allowances. Under such arrangements, the Company recognizes a ROU asset and lease liability on the consolidated balance sheets. Lease costs are recognized on a straight-line basis over the non-cancelable lease term. Lease costs, net of sublease income, was $46 million, $66 million, and $86 million during the years ended December 31, 2020, 2021, and 2022, respectively. The components of lease costs related to the Company’s operating leases included in the consolidated statements of operations for the periods presented were as follows (in millions): Year Ended December 31, 2020 2021 2022 Operating lease cost $ 40 $ 52 $ 81 Short-term lease cost 11 17 9 Sublease income (5) (3) (4) Total lease cost $ 46 $ 66 $ 86 Lease terms and discount rates for operating leases were as follows: December 31, 2021 December 31, 2022 Weighted-average remaining lease term (in years) 9.77 8.08 Weighted-average discount rate 6.81% 6.39% Supplemental cash flow and non-cash information was as follows (in millions): Year Ended December 31, 2021 2022 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows for operating leases $ 46 $ 75 ROU assets obtained in exchange for new lease liabilities Operating leases $ 164 $ 154 As of December 31, 2021 and 2022, the Company had entered into long term non-cancelable real estate lease contracts of $19 million and $21 million, respectively, for which leases have not yet commenced. Such leases are not included in the operating lease ROU assets and operating lease liabilities on the consolidated balance sheets. As of December 31, 2022, the future minimum lease payments required under operating leases were as follows (in millions): Year Ending December 31, Amount 2023 $ 96 2024 98 2025 91 2026 84 2026 63 Thereafter 274 Total future minimum lease payments 706 Less: Lease not commenced (21) Less: Imputed interest (157) Less: Tenant improvement receivable (17) Present value of future minimum lease payments $ 511 Future minimum sublease income as of December 31, 2022 is $8 million.

Promissory Notes

Promissory Notes	12 Months Ended
Promissory Notes	Dec. 31, 2022
Debt Disclosure [Abstract]
Promissory Notes	Promissory NotesIn February 2020, the Company issued convertible notes for an aggregate principal amount of $340 million with an initial maturity date in March 2025 (the “2020 Notes”). The Company received net proceeds of $333 million, net of $2 million in debt issuance costs, reflecting an original issue discount on the principal of $5 million. The interest rate is 10.00% per annum, payable quarterly in arrears. In February 2021, the Company repaid the outstanding principal and accrued interest of the 2020 Notes in full for $375 million.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Legal Proceedings From time to time, the Company may be a party to litigation and subject to claims incidental to its business. Although the results of litigation and claims cannot be predicted with certainty, the Company currently believes that the final outcome of these matters will not have a material adverse effect on its business. Regardless of the outcome, litigation can have an adverse impact on the Company because of judgment, defense and settlement costs, diversion of management resources, and other factors. At each reporting period, the Company evaluates whether or not a potential loss amount or a potential range of loss is probable and reasonably estimable, requiring recognition of a loss accrual, or whether the potential loss is reasonably possible, requiring potential disclosure. Legal fees are expensed as incurred. The Company has been and continues to be involved in numerous legal proceedings related to Dasher classification, and such proceedings have increased in volume since the California Supreme Court’s 2018 ruling in Dynamex Operations West, Inc. v. Superior Court (“Dynamex”). The California Legislature passed legislation (“AB 5”), that was signed into law in September 2019 and became effective on January 1, 2020. AB 5 codified the Dynamex standard regarding contractor classification, expanded its application and created numerous carve-outs, which may have an adverse effect on the Company’s business, financial condition, and results of operations, and may lead to increased legal proceedings and related expenses and may require the Company to significantly alter its existing business model and operations. Further, some jurisdictions are considering implementing standards similar to the test set forth in Dynamex to determine worker classification. The Company is currently the subject of regulatory and administrative investigations, audits, and inquiries conducted by federal, state, or local governmental agencies concerning the Company’s business practices, the classification and compensation of Dashers, the DoorDash Dasher pay model, and other matters. For example, the Company is currently under audit by the Employment Development Department, State of California (the “CA EDD”) for payroll tax liabilities. In January 2023, the CA EDD issued an assessment for certain amounts that it found to be owed by the Company on behalf of Dashers due to their being classified as independent contractors. The Company believes that Dashers are, and have been, properly classified as independent contractors. Accordingly, the Company believes that it has meritorious defenses and intends to vigorously appeal such adverse assessment. Results of audits and related governmental action are inherently unpredictable and, as such, there is always the risk of an audit having a material impact on the Company's business, financial condition, and results of operations and the determination of a final assessment amount, and any related penalties, cannot currently be predicted with certainty but a loss at this time is not probable or estimable. In January 2022, the Superior Court of California, County of Los Angeles, granted final approval of a revised settlement agreement pursuant to which the Company agreed to pay $100 million to the representatives of Dashers that had filed certain actions in California and Massachusetts in settlement of claims under the Private Attorney General Act and class action claims alleging worker misclassification of Dashers against the Company (the "Marko settlement"). All legal matters under the Marko settlement have been resolved and all amounts related to the Marko settlement were paid by the Company during the second quarter of 2022. See the section titled “Legal Proceedings” in the Company's Annual Report on Form 10-K for the year ended December 31, 2021 and Quarterly Report on Form 10-Q for the quarter ended June 30, 2022 for additional information regarding the proceedings related to the Marko settlement. In June 2020, the San Francisco District Attorney filed an action in the Superior Court of California, County of San Francisco, alleging that the Company misclassified California Dashers as independent contractors as opposed to employees in violation of the California Labor Code and the California Unfair Competition Law, among other allegations. This action is seeking both restitutionary damages and a permanent injunction that would bar the Company from continuing to classify California Dashers as independent contractors. It is a reasonable possibility that a loss may be incurred; however, the possible range of losses is not estimable given the status of the case. Indemnification The Company enters into standard indemnification arrangements in the ordinary course of business. Pursuant to these arrangements, the Company indemnifies, holds harmless, and agrees to reimburse the indemnified parties for losses suffered or incurred by the indemnified party, in connection with any trade secret, copyright, patent, or other intellectual property infringement claim by any third-party with respect to its technology. The terms of these indemnification agreements are generally perpetual any time after the execution of the agreement. The maximum potential amount of future payments the Company could be required to make under these agreements is not determinable because it involves claims that may be made against the Company in the future, but have not yet been made. The Company has not incurred costs to defend lawsuits or settle claims related to these indemnification agreements. The Company has entered into or will enter into indemnification agreements with its directors and officers that may require the Company to indemnify its directors and officers against liabilities that may arise by reason of their status or service as directors or officers, other than liabilities arising from willful misconduct of the individual. No liability associated with such indemnifications was recorded as of December 31, 2021 and 2022. Non-cancelable Purchase Commitments The Company has non-cancelable purchase commitments, which primarily relate to the purchase of onboarding, data processing, technology platform infrastructure, and advertising services. These purchase commitments are not recorded as liabilities on the consolidated balance sheets as of December 31, 2021 and 2022 as the Company has not yet received the related services. As of December 31, 2022, the future minimum payments under the Company’s non-cancelable purchase commitments were as follows (in millions): Year Ending December 31, Amount 2023 $ 172 2024 101 2025 9 Total future minimum payments $ 282 Revolving Credit Facility and Letters of Credit In November 2019, the Company entered into a revolving credit and guaranty agreement which provided for a $300 million unsecured revolving credit facility maturing on November 19, 2024. In August 2020, the Company amended and restated the revolving credit and guaranty agreement to provide for $100 million of incremental revolving loan commitments, effective upon consummation of the Company's IPO, for total revolving commitments of $400 million. The amendment and restatement also extended the maturity date for the revolving credit facility from November 19, 2024 to August 7, 2025. Loans under the credit facility, as further amended on October 31, 2022, bear interest, at the Company’s option, at (i) a base rate equal to the highest of (A) the prime rate, (B) the higher of the federal funds rate or a composite overnight bank borrowing rate plus 0.50%, or (C) an adjusted SOFR rate for a one-month interest period plus 1.00%, or (ii) an adjusted SOFR rate (based on an interest period of one, three, or six months) plus a margin equal to 1.00%. The Company is also obligated to pay other customary fees for a credit facility of this size and type, including letter of credit fees, an upfront fee, and an unused commitment fee of 0.10%. The credit agreement contains customary affirmative covenants, such as financial statement reporting requirements and restrictions on the use of proceeds, as well as customary negative covenants that restrict its ability and its subsidiaries’ ability to, among other things, incur additional indebtedness, incur liens, declare cash dividends or make certain other distributions, merge or consolidate with other companies or sell substantially all of its assets, make investments, loans and acquisitions, and engage in transactions with affiliates. As of December 31, 2021 and 2022, the Company was in compliance with the covenants under the credit agreement. As of December 31, 2021 and 2022, no revolving loans were outstanding under the credit facility. The Company maintains letters of credit established primarily for real estate leases and insurance policies. As of December 31, 2021 and 2022, the Company had $60 million and $132 million of issued letters of credit outstanding, respectively, of which $39 million and $99 million were issued under the revolving credit and guaranty agreement. Sales and Indirect Tax Matters The Company is under audit by various state and local tax authorities with regard to sales and indirect tax matters. The Company records sales and indirect tax reserves when they become probable and the amount can be reasonably estimated. These reserves are included in accrued expenses and other current liabilities on the consolidated balance sheets. The timing of the resolution of indirect tax examinations is highly uncertain, and the amounts ultimately paid, if any, upon resolution of the issues raised by the tax authorities may differ from the amounts accrued. It is reasonably possible that within the next twelve months the Company will receive additional assessments by various tax authorities in one or more jurisdictions. These assessments could result in changes to the Company's reserves related to positions on sales and indirect tax filings.

Redeemable Convertible Preferre

Redeemable Convertible Preferred Stock	12 Months Ended
Redeemable Convertible Preferred Stock	Dec. 31, 2022
Temporary Equity Disclosure [Abstract]
Redeemable Convertible Preferred Stock	Redeemable Convertible Preferred Stock In June 2020, the Company entered into a Series H redeemable convertible preferred stock purchase agreement pursuant to which it issued a total of 8,321,395 shares of Series H redeemable convertible preferred stock at $45.9062 per share for gross proceeds of $382 million. The preferred stock issuance costs were not material. The Company previously issued Series A-1, Series A, Series B, Series C, Series D, Series E, Series F, and Series G prior to 2020. Immediately prior to the completion of the IPO on December 9, 2020, all outstanding shares of the Company’s redeemable convertible preferred stock converted into an aggregate of 239,269,631 shares of Class A common stock. The following table summarizes the redeemable convertible preferred stock outstanding immediately prior to the conversion into common stock, and the rights and preferences of the Company’s respective series preceding the Company’s IPO in December 2020 (in millions, except share amounts which are reflected in thousands, and per share data): Series Shares Shares Issuance Price Per Share Aggregate Carrying Series A-1 13,330 13,330 $ 0.15 $ 0.15 $ 2 $ 7 Series A 27,159 27,159 $ 0.73 $ 0.73 20 20 Series B 7,925 7,925 $ 5.68 $ 5.48 45 45 Series C 26,839 26,839 $ 4.79 $ 4.79 128 128 Series D 98,008 98,008 $ 5.51 (1) $ 5.51 540 535 Series E 18,055 18,055 $ 13.85 $ 13.85 250 250 Series F 18,186 18,186 $ 22.48 $ 22.48 409 476 Series G 21,165 21,165 $ 37.94 $ 37.94 803 803 Series H 9,351 8,316 $ 45.91 $ 45.91 382 382 Total 240,018 238,983 $ 2,579 $ 2,646 (1) The issuance price for Series D redeemable convertible preferred stock was $5.50688, except for shares issued via the conversion of certain of the outstanding convertible promissory notes issued in 2017, for which the conversion price was $4.78778 per share.

Common Stock

Common Stock	12 Months Ended
Common Stock	Dec. 31, 2022
Equity [Abstract]
Common Stock	Common Stock Stock Repurchase Program In May 2022, the Company authorized the repurchase of up to $400 million of the Company’s Class A common stock. During the year ended December 31, 2022, the Company repurchased 5.6 million shares of its Class A common stock at a weighted average price of $71.84 per share for a total amount of $400 million. The shares were retired immediately upon repurchase. Restricted Stock The Company has granted restricted stock to certain continuing employees in connection with the Wolt acquisition. Vesting of this stock is dependent on the respective employee’s continued employment at the Company during the requisite service period, which is generally up to four years from the issuance date. The fair value of the restricted stock issued to employees that is subject to post-acquisition employment is recorded as compensation expense on a straight-line basis over the requisite service period. The activities for the restricted stock issued to employees was as follows (in thousands, except per share data): Number of Weighted- Unvested restricted stock as of December 31, 2021 — Granted 568 $ 76.91 Vested (93) $ 76.91 Forfeited (3) $ 76.91 Unvested restricted stock as of December 31, 2022 472 Common Stock Reserved for Future Issuance The following table summarizes the Company’s shares of common stock reserved for future issuance on an as-converted basis (in thousands): December 31, 2021 December 31, 2022 Stock options issued and outstanding under the 2014 Plan and Inducement Plan 19,115 16,021 RSUs outstanding under the 2014 Plan, 2020 Plan and Inducement Plan 27,556 45,131 Remaining shares available for future issuance 42,196 39,995 Shares available for issuance under the 2020 Employee Stock Purchase Plan 6,499 6,499 Total 95,366 107,646 2014 Equity Incentive Plan In March 2014, the Company adopted the 2014 Stock Option Plan, as amended (the "2014 Plan"), which provided for the granting of stock options to employees, consultants, and advisors of the Company. Options granted under the 2014 Plan are either incentive stock options or nonqualified stock options. Options under the 2014 Plan were granted for a term of up to ten years (or five years if the option was an incentive stock option granted to a greater than 10% stockholder) and at prices no less than 100% of the estimated fair value of the shares on the date of grant as determined by the Company’s board of directors; provided, however, that the exercise price of an incentive stock option granted to a greater than 10% stockholder could not be less than 110% of the estimated fair value of the shares on the date of grant. Options granted generally vest over four years. The 2014 Plan allowed for the early exercise of options. Under the terms of the 2014 Plan, option holders, upon early exercise, were required to sign a restricted stock purchase agreement that gave the Company the right to repurchase any unvested shares, at the original exercise price, in the event the grantees’ employment terminated for any reason. The repurchase right lapses over time as the shares vest at the same rate as the original option vesting schedule. Stock-based awards forfeited, cancelled, or repurchased generally were returned to the pool of shares of common stock available for issuance. In connection with the IPO, the 2014 Plan was terminated effective immediately prior to the effectiveness of the 2020 Equity Incentive Plan (the "2020 Plan") and the Company ceased granting any additional awards under the 2014 Plan. All outstanding awards under the 2014 Plan at the time of the termination of the 2014 Plan remain subject to the terms of the 2014 Plan, and any shares underlying stock options that expire or terminate or are forfeited or repurchased by the Company under the 2014 Plan were automatically transferred to the 2020 Plan. 2020 Equity Incentive Plan In November 2020, the Company's board of directors adopted, and the Company's stockholders approved, the 2020 Plan, which became effective one business day prior to the effective date of the IPO registration statement. The 2020 Plan provides for the granting of incentive stock options, nonstatutory stock options, restricted stock, RSUs, stock appreciation rights, performance units, and performance shares for the Company's Class A common stock to the Company's employees, directors, and consultants. Stock-based awards under the 2020 Plan that expire or are forfeited, canceled, or repurchased generally are returned to the pool of shares of Class A common stock available for issuance under the 2020 Plan. In addition, the number of shares of the Company's Class A common stock reserved for issuance under the 2020 Plan will automatically increase on January 1 of each calendar year, starting on January 1, 2021 in an amount equal to the least of (i) 32,493,000 shares, (ii) five percent (5%) of the total number of all classes of common stock outstanding on December 31 of the fiscal year before the date of each automatic increase, or (iii) such other number of shares determined by the Company's board of directors prior to the applicable January 1. The exercise price of the options granted under the 2020 Plan will at least be equal to the fair market value of the Company's Class A common stock on the date of grant. The options may be granted for a term of up to ten years (or five years if the option is an incentive stock option granted to a greater than 10% stockholder) and at prices no less than 100% of the fair market value of the shares on the date of grant, provided, however, that the exercise price of an incentive stock option granted to a greater than 10% stockholder shall not be less than 110% of the estimated fair value of the shares on the date of grant. Options granted under the 2020 Plan generally vest over four years. 2022 Inducement Equity Incentive Plan In May 2022, the Company's board of directors adopted the 2022 Inducement Equity Incentive Plan (the “Inducement Plan”), pursuant to which the Company reserved 9,760,000 shares of Class A common stock to be used exclusively for grants of equity-based awards to individuals who were not previously employees or directors of the Company, as a material inducement to the individual’s entry into employment with the Company. The Inducement Plan permits the grant of nonstatutory stock options, restricted stock, RSUs, stock appreciation rights, performance units and performance shares. Shares that actually have been issued under the Inducement Plan under any award will not be returned to the Inducement Plan and will not become available for future distribution under the Inducement Plan; however, if shares issued pursuant to awards of restricted stock, RSUs, performance shares or performance units are repurchased by the Company or are forfeited to the Company due to failure to vest, such shares will become available for future grant under the Inducement Plan. Shares used to pay the exercise price of an award or to satisfy the tax withholding obligations related to an award will become available for future grant or sale under the Inducement Plan. The exercise price, term, and any other terms and conditions of the options granted under the Inducement Plan will be determined by the administrator of the plan. RSUs Prior to November 2020 , the Company granted RSUs that vest only upon the satisfaction of both service-based and liquidity event-related performance vesting conditions. The service-based vesting condition for these awards generally is satisfied over four years. The liquidity event-related performance vesting condition was satisfied upon the effectiveness of the IPO registration statement. The liquidity event-related performance vesting condition was achieved upon the effectiveness of the Company’s IPO, resulting in the Company recording cumulative stock-based compensation expense of $279 million for IPO Vested RSUs. Stock-based compensation related to the remaining service-based period after the liquidity event-related performance vesting condition was satisfied will be recorded over the remaining requisite service period. Since November 2020, with the exception of the CEO Performance Award discussed below, the Company granted RSUs that vest only upon the satisfaction of a service-based vesting condition which is generally four years. CEO Performance Award In November 2020, the Company’s board of directors approved the grant of 10,379,000 RSUs to the CEO (the “CEO Performance Award”). The CEO Performance Award vests upon the satisfaction of a service condition and achievement of certain stock price goals. The CEO Performance Award is excluded from Class A common stock issued and outstanding until the satisfaction of these vesting conditions. The CEO Performance Award also provides the holder with certain stockholder rights, such as the right to vote the shares with the other holders of Class A common stock and a right to cumulative declared dividends. However, the CEO Performance Award is not considered a participating security for purposes of calculating net loss per share attributable to common stockholders as the right to the cumulative declared dividends is forfeitable if the service condition is not met. The CEO Performance Award is eligible to vest beginning on the first trading day 18 months following the day Company’s IPO date, and expiring seven years after the IPO date. The CEO Performance Award comprises nine tranches that are eligible to vest based on the achievement of stock price goals, ranging from $187.60 to $501.00 per share, each of which are referred to as a Company Stock Price Target, measured over a consecutive 180-day trading period during the performance period as set forth below. This measurement period was designed to reward the CEO only if the Company achieved sustained growth in the stock price. Company Stock Number of RSUs 1 $187.60 518,950 2 $226.80 518,950 3 $265.80 1,037,900 4 $305.00 1,037,900 5 $344.00 1,037,900 6 $383.00 1,556,850 7 $422.20 1,556,850 8 $461.20 1,556,850 9 $501.00 1,556,850 The Company calculated the grant date fair value of the CEO Performance Award based on multiple stock price paths developed through the use of a Monte Carlo simulation model. A Monte Carlo simulation model also calculates a derived service period for each of the nine vesting tranches, which is the measure of the expected time to achieve each Company Stock Price Target. A Monte Carlo simulation model requires the use of various assumptions, including the underlying stock price, volatility, and the risk-free interest rate as of the valuation date, corresponding to the length of time remaining in the performance period, and expected dividend yield. The weighted-average grant date fair value of the CEO Performance Award was $39.8275 per share. The Company will recognize total stock-based compensation expense of $413 million over the derived service period of each tranche, which is between 2.53 to 4.42 years, using the accelerated attribution method as long as the CEO satisfies the service-based vesting condition. If the Company Stock Price Targets are met sooner than the derived service period, the Company will adjust its stock-based compensation to reflect the cumulative expense associated with the vested awards. Provided that Tony Xu continues to be the Company's CEO, the Company will recognize stock-based compensation expense over the requisite service period, regardless of whether the Company Stock Price Targets are achieved. The Company recorded $12 million, $112 million and $112 million of stock-based compensation expense related to the CEO Performance Award during the years ended December 31, 2020, 2021, and 2022, respectively. As of December 31, 2022, unrecognized stock-based compensation expense related to the CEO Performance Award was $177 million. Stock Award Activities A summary of activity under the 2014 Plan, 2020 Plan and Inducement Plan was as follows (in millions, except share amounts which are reflected in thousands, and per share data): Options Outstanding Shares Weighted- Weighted- Aggregate Balance as of December 31, 2021 19,115 $ 2.60 4.59 $ 2,797 Assumed via acquisition 1,710 $ 4.11 Granted — $ — Exercised (4,780) $ 2.30 451 Cancelled and forfeited (24) $ 4.09 Balance as of December 31, 2022 16,021 $ 2.84 3.48 $ 737 Exercisable as of December 31, 2022 15,676 $ 2.80 3.47 $ 721 Vested and expected to vest as of December 31, 2022 16,021 $ 2.84 3.48 $ 737 The aggregate intrinsic value disclosed in the above table is based on the difference between the exercise price of the stock option and the closing stock price of the Company's Class A common stock on the NYSE as of the respective period-end dates. The aggregate intrinsic value of stock options exercised during the years ended December 31, 2020, 2021, and 2022 was $129 million, $2.3 billion, and $451 million, respectively. The weighted-average grant date fair value of stock assumed via acquisition during the year ended December 31, 2022 was $72.99 per share. There were no stock options granted during the years ended December 31, 2020, 2021 and 2022. The summary of RSU activity was as follows (in millions, except share amounts which are reflected in thousands, and per share data): Number of Weighted- Aggregate Unvested RSUs as of December 31, 2021 27,518 $ 4,097 Assumed via acquisition 1,396 $ 76.91 Granted 29,647 $ 74.03 Vested (316) $ 83.02 Vested and settled (9,998) $ 81.06 Forfeited (3,442) $ 113.80 Unvested RSUs as of December 31, 2022 44,805 $ 2,167 The aggregate intrinsic value disclosed in the above table is based on the closing price on the NYSE as of the respective period-end dates. The weighted-average fair value per share of RSUs granted and assumed via acquisition during the years ended December 31, 2020, 2021, and 2022 was $56.27, $170.42, and $74.16, respectively. Stock-Based Compensation Expense The Company estimated the fair value of stock options assumed via acquisition using the Black-Scholes option-pricing model. Key assumptions of the Black-Scholes valuation model are the risk-free interest rate, expected volatility, expected term and expected dividends. The Company determined the expected term of assumed in the money option awards considering vesting provisions, the expected exercise behavior, and contractual term of the awards. The risk-free interest rate is based on the yield available on U.S. Treasury zero-coupon issues similar in duration to the expected term of the stock option awards. The Company developed the expected volatility using the average volatility of its Class A common stock and the stocks of a peer group of similar publicly traded peer companies. The Company utilized a dividend yield of zero, as it had no history or plan of declaring dividends on its common stock. There were no stock options granted during the years ended December 31, 2020, 2021 and 2022, except for the options assumed via acquisition. The assumptions used to estimate the fair value of stock options assumed via acquisition for the periods presented were as follows: Year Ended December 31, 2020 2021 2022 Expected volatility — — 69.13% Risk-free rate — — 2.29% Dividend yield — — — Expected term (in years) — — 1.69 The Company recorded stock-based compensation expense in the consolidated statements of operations as follows (in millions): Year Ended December 31, 2020 2021 2022 Cost of revenue, exclusive of depreciation and amortization $ 31 $ 46 $ 102 Sales and marketing 37 52 98 Research and development 171 182 365 General and administrative 83 206 313 Restructuring charges — — 11 Total stock-based compensation expense $ 322 $ 486 $ 889 As of December 31, 2022, there was $12 million of unrecognized stock-based compensation expense related to unvested stock options, which is expected to be recognized over a weighted-average period of 2.77 years. As of December 31, 2022, there was $2.6 billion of unrecognized stock-based compensation expense related to unvested restricted stock and RSUs, excluding the unrecognized stock-based compensation expense associated with the CEO Performance Award. The Company expects to recognize this expense over the remaining weighted-average period of 2.92 years. 2020 Employee Stock Purchase Plan The Company's board of directors adopted, and the Company's stockholders approved, the 2020 Employee Stock Purchase Plan (the "ESPP"), which became effective on the business day immediately prior to the effectiveness of the IPO. A total of 6,498,600 shares of Class A common stock were initially reserved for sale under the ESPP. The number of shares of Class A common stock available for issuance under the ESPP will be increased on the first day of each fiscal year beginning with the fiscal year following the fiscal year in which the first enrollment date (if any) occurs equal to the least of (i) 6,498,600 shares of Class A common stock, (ii) one and one-half percent (1.5%) of the outstanding shares of all classes of common stock on the last day of the immediately preceding fiscal year, or (iii) an amount determined by the administrator of the ESPP. The ESPP includes two components: a component that allows the Company to make offerings intended to qualify under Section 423 of the Code and a component that allows the Company to make offerings not intended to qualify under Section 423 of the Code to designated companies. Subject to any limitations contained therein, the ESPP allows eligible employees to contribute (in the form of payroll deductions or otherwise to the extent permitted by the administrator) an amount established by the administrator from time to time in its discretion to purchase Class A common stock at a discounted price per share.

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The U.S. and foreign components of loss before income taxes were as follows (in millions): Year Ended December 31, 2020 2021 2022 United States $ (463) $ (461) $ (991) Foreign 5 (2) (408) Loss before income taxes $ (458) $ (463) $ (1,399) The components of the provision for (benefit from) income taxes were as follows (in millions): Year Ended December 31, 2020 2021 2022 Current Federal $ — $ — $ — State 3 3 — Foreign — 1 4 Total current tax expenses $ 3 $ 4 $ 4 Deferred Federal (1) 1 — State — 1 1 Foreign 1 (1) (36) Total deferred tax expenses (benefit) — 1 (35) Total provision for (benefit from) income taxes $ 3 $ 5 $ (31) The Company's provision for income taxes primarily consisted of U.S. federal and state income tax, as well as income taxes related to non-U.S. operations. The benefit from income taxes was primarily driven by the losses generated in non-U.S. jurisdictions for which a tax benefit can be realized, and the tax effects of deductible stock-based compensation for certain foreign jurisdictions, offset by state income taxes. The reconciliation of the statutory federal income tax rate to the Company’s effective tax rate was as follows: Year Ended December 31, 2020 2021 2022 Federal tax at statutory rate 21 % 21 % 21 % State tax, net of federal benefit 3 4 3 Change in valuation allowance (21) (225) (18) Stock-based compensation (2) 155 (1) Research and development credits 3 46 (2) Non-deductible expenses (3) (1) (1) Non-deductible interest expenses (2) (1) — Worthless stock deduction — — 1 Other — — (1) Benefit from (provision for) income taxes (1) % (1) % 2 % In general, it is the Company's practice and intention to reinvest the earnings of its non-U.S. subsidiaries in those operations. As of December 31, 2022, the Company has not made a provision for U.S. or additional foreign withholding taxes on the excess of the amount for financial reporting over the tax basis of investments in foreign subsidiaries that are indefinitely reinvested. Generally, such amounts become subject to taxation upon the remittance of dividends and under certain other circumstances. It is not practicable to estimate the amount of deferred tax liability related to investments in these foreign subsidiaries. The significant components of the Company’s deferred tax assets and liabilities were as follows (in millions): December 31, 2021 2022 Deferred tax assets Accruals and reserves $ 104 $ 132 Stock-based compensation 36 74 Tax credits carryforward 237 209 Operating lease liabilities 101 115 Capitalized research and development — 619 Net operating loss carryforward 1,050 660 Other — 88 Total gross deferred tax assets 1,528 1,897 Less: Valuation allowance (1,398) (1,655) Total deferred tax assets net of valuation allowance 130 242 Deferred tax liabilities Property and equipment and intangible assets (36) (134) ROU assets (83) (94) Deferred contract costs (15) (17) Total gross deferred tax liabilities (134) (245) Net deferred tax liabilities $ (4) $ (3) During 2022, the Company effectuated certain tax-planning actions which reduced the amount of net operating losses generated in 2021 by $2.4 billion with a corresponding increase to other deferred tax assets which will reverse in future periods. These tax-planning actions did not result in additional income tax liability for 2021. The Company accounts for deferred taxes under ASC 740, Income Taxes, which requires a reduction of the carrying amounts of deferred tax assets by a valuation allowance if, based on the available evidence, it is more likely than not that such assets will not be realized. Accordingly, the need to establish valuation allowances for deferred tax assets is assessed periodically based on the ASC 740 more-likely-than-not realization threshold criterion. This assessment considers matters such as future reversals of existing taxable temporary differences, projected future taxable income, tax-planning strategies, and results of recent operations. The evaluation of the recoverability of the deferred tax assets requires that the Company weigh all positive and negative evidence to reach a conclusion that it is more likely than not that all or some portion of the deferred tax assets will not be realized. The weight given to the evidence is commensurate with the extent to which it can be objectively verified. Due to the lack of earnings history, the Company's deferred tax assets have been fully offset by a valuation allowance, with the exception of certain foreign jurisdictions. Overall, the valuation allowance increased by $97 million, $1.0 billion and $257 million in the years ended December 31, 2020, 2021 and 2022, respectively. As of December 31, 2022, the Company had accumulated federal and state net operating loss carryforwards of $2.1 billion and $1.6 billion, respectively. Of the $2.1 billion of federal net operating losses, $2.0 billion is carried forward indefinitely. Of the $1.6 billion of state net operating losses, $342 million is carried forward indefinitely. The remaining federal and state net operating loss carryforwards will begin to expire in 2036 and 2024, respectively. As of December 31, 2022, the Company had foreign net operating loss carryforwards of $692 million that begin to expire in 2025. The Company also had $181 million and $102 million of federal and state research and development tax credit carryforwards, respectively, as of December 31, 2022. The federal research and development tax credits expire in varying amounts starting in 2033. The California research credits do not expire and may be carried forward indefinitely. The Company’s ability to utilize the net operating loss and tax credit carryforwards in the future may be limited in the event of past or future ownership changes as defined in Section 382 of the Internal Revenue Code of 1986, as amended, and similar state tax law. Based on the most recent analysis, the Company does not anticipate a current limitation on the tax attributes. Unrecognized Tax Benefits A reconciliation of the beginning and ending balance of gross unrecognized tax benefits is included in the table below (in millions): Year Ended December 31, 2020 2021 2022 Unrecognized tax benefits at beginning of year $ 7 $ 7 $ 69 Increases related to current year tax positions 3 62 19 Decreases related to prior year tax positions (3) — (19) Unrecognized tax benefits at end of year $ 7 $ 69 $ 69 The Company had $69 million of gross unrecognized tax benefits as of December 31, 2022, the majority of which would not affect its effective tax rate if recognized due to the Company's valuation allowance. The majority of gross unrecognized tax benefits relate to income tax positions which, if recognized, would be in the form of additional deferred tax assets that would be offset by a valuation allowance. The Company does not anticipate that the amount of unrecognized tax benefits relating to tax positions existing at December 31, 2022 will significantly increase or decrease within the next 12 months. The Company’s policy is to recognize accrued interest and penalties related to unrecognized tax benefits within provision for income taxes, which were immaterial for the periods presented. The Company files U.S. federal and state income tax returns in the United States federal jurisdiction as well as foreign jurisdictions. To the extent the Company has tax attribute carryforwards, the tax years in which the attribute was generated may still be adjusted upon examination by the federal, state, or foreign tax authorities to the extent utilized in a future period. The material jurisdictions in which the Company is subject to potential examination include the United States and Finland. The Company’s 2016 and subsequent tax years remain open to examination by the U.S. Internal Revenue Service, 2017 and subsequent tax years remain open to examination in Finland.

Net Loss per Share Attributable

Net Loss per Share Attributable to DoorDash, Inc. Common Stockholders	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Net Loss per Share Attributable to DoorDash, Inc. Common Stockholders	Net Loss per Share Attributable to DoorDash, Inc. Common Stockholders The Company computes net loss per share using the two-class method required for multiple classes of common stock and participating securities. The rights, including the liquidation and dividend rights, of the Class A common stock and Class B common stock are identical, other than voting rights. Accordingly, the Class A common stock and Class B common stock share equally in the Company’s net losses. The following table sets forth the calculation of basic and diluted net loss per share attributable to common stockholders during the periods presented. The shares issued in the IPO and the shares of Class A common stock issued upon conversion of the outstanding shares of redeemable convertible preferred stock in the IPO, as well as vested RSUs that have not been settled are included in the table below weighted for the period outstanding in the years ended December 31, 2020, 2021 and 2022 (in millions, except share amounts which are reflected in thousands, and per share data): Year Ended December 31, 2020 2021 2022 Class A Class B Class A Class B Class A Class B Net loss including redeemable non-controlling interests $ (446) $ (15) $ (424) $ (44) $ (1,260) $ (108) Less: Net loss attributable to redeemable non-controlling interests — — — — (3) — Net loss attributable to DoorDash, Inc. $ (446) $ (15) $ (424) $ (44) $ (1,257) $ (108) Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, basic and diluted 60,422 1,968 305,500 31,347 342,015 29,398 Net loss per share attributable to DoorDash, Inc. common stockholders, basic and diluted $ (7.39) $ (7.39) $ (1.39) $ (1.39) $ (3.68) $ (3.68) The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share because including them would have had an anti-dilutive effect, or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied at the end of the respective periods (in thousands): As of December 31, 2020 2021 2022 Stock options to purchase common stock 33,802 19,115 16,021 Unvested restricted stock and restricted stock units 28,366 27,518 45,172 Convertible promissory notes 2,595 — — Escrow shares — — 2,012 Total 64,763 46,633 63,205

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
Employee Benefit Plans	Dec. 31, 2022
Retirement Benefits [Abstract]
Employee Benefit Plans	Employee Benefit Plans 401(k) Plan The Company has a 401(k) Plan that qualifies as a deferred salary arrangement under Section 401 of the Internal Revenue Code of 1986, as amended. Under the 401(k) Plan, eligible and participating employees may defer a portion of their pretax earnings not to exceed the maximum amount allowable. The Company did not make contributions for eligible employees for any of the periods presented. Defined Benefit Plan Employees based in Finland are covered under the Finnish Employees’ Pension Act (“TyEL”). TyEL is a statutory private sector pension act that is partly funded and paid through a pay-as-you-go pool. The Old-age Pension and Disability Pension benefits of TyEL are classified as postretirement benefits under defined benefit plan accounting standards and based on an actuarial valuation. The Old-age Pension liability for active employees includes the effect of future salary increases. The Disability Pension liability for active employees is based on employees' total salary two years before the fiscal year. Net periodic benefit cost is reflected in the accompanying consolidated statements of operations. Service cost is reflected in total costs and expenses. Other components of net periodic benefit cost, including interest cost and amortization of actuarial gains and losses, is included in other (expense) income, net. Actuarial gains and losses resulting from remeasurement are initially recognized in accumulated other comprehensive income and subsequently recognized in the consolidated statements of operations.

Variable Interest Entities

Variable Interest Entities	12 Months Ended
Variable Interest Entities	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entities	Variable Interest Entities On July 1, 2022, the Company formed a joint venture with a retail partner in Canada with the objective of providing on-demand delivery of grocery and convenience items to customers in Canada (the "JV"). The Company owns a majority interest in the JV. In connection with the formation of the JV, the Company has committed to contribute cash and certain assets worth $98 million Canadian dollars (approximately $74 million US dollars) over three years. Upon the closing of the transaction, the Company contributed cash and certain assets of $41 million Canadian dollars (approximately $32 million US dollars). Additional capital contributions will be made in a manner that preserves the ownership percentage of each shareholder. The common units held by the Company in the JV were determined to be a variable interest. The Company is the primary beneficiary because the Company has the power to direct the activities that most significantly impact the performance of the JV. As a result, the Company consolidates the assets and liabilities of the JV. As of December 31, 2022, the total assets and liabilities of the JV included on the consolidated balance sheets were $68 million and $17 million respectively. The JV’s assets may only be used to settle the JV’s obligations and may not be used for other consolidated entities. The JV’s liabilities are non-recourse to the general credit of the Company’s other consolidated entities. As of December 31, 2022, the minority shareholder’s ownership in the JV is classified as redeemable non-controlling interest, because it is redeemable on an event that is not solely in the Company’s control. The redeemable non-controlling

Restructuring

Restructuring	12 Months Ended
Restructuring	Dec. 31, 2022
Restructuring and Related Activities [Abstract]
Restructuring	Restructuring On November 30, 2022, the Company committed to a reduction in workforce (the “Plan”) intended to better align the Company’s talent with its strategic priorities and to improve operating efficiency. The Plan included the elimination of approximately 1,250 positions across the Company, or approximately 7% of the Company’s current employee workforce at such time. The Company expects that it will incur $82 million in restructuring charges in connection with the Plan, consisting of separation-related payments and other termination benefit costs. During the year ended December 31, 2022, the Company recognized $82 million in restructuring charges, consisting of $68 million related to cash expenditures for separation-related payments, benefits, and related taxes, $17 million in stock-based compensation related to equity compensation, which was partially offset by a $6 million benefit related to the reversal of previously recognized stock-based compensation expenses for unvested stock awards, and $3 million non-cash expense related to the acceleration of prepaid compensation for employees who were terminated. These expenses are included in restructuring charges in the Company’s consolidated statements of operations, and unpaid amounts are included in accrued expenses and other current liabilities on its consolidated balance sheets. The Company expects that most cash payments and expenses related to the Plan will be completed by the end of the first quarter of 2023. The following table summarizes the total amount incurred and accrued related to these restructuring activities (in millions): Workforce reduction costs Accrued restructuring as of January 1, 2022 $ — Restructuring charges incurred during the year 82 Cash payments (17) Non-cash settlements and other adjustments (14) Accrued restructuring as of December 31, 2022 $ 51 In addition to the Plan described above, there were other restructuring charges of $10 million arising from other restructuring activities in 2022. As of December 31, 2022, the liabilities related to these restructuring activities were immaterial.

Subsequent Events

Subsequent Events	12 Months Ended
Subsequent Events	Dec. 31, 2022
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventsIn February 2023, the Company announced the authorization of a share repurchase program for the repurchase of shares of Class A common stock, in an aggregate amount up to $750 million. This program is in addition to the prior repurchase program for the repurchase of $400 million shares of Class A common stock, which was completed in the third quarter of 2022. Repurchases may be made from time to time through open market purchases or through privately negotiated transactions subject to market conditions, applicable legal requirements, and other relevant factors. Open market repurchases may be structured to occur in accordance with the requirements of Rule 10b-18 of the Exchange Act. The Company may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of our Class A common stock under this authorization. The timing and actual number of shares repurchased may depend on a variety of factors, including price, general business and market conditions, and alternative investment opportunities.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
Summary of Significant Accounting Policies (Policies)	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries and entities consolidated under the variable interest entity model, and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”). All intercompany balances and transactions have been eliminated in consolidation.
Segments	SegmentsOperating segments are defined as components of an entity for which separate financial information is available and that is regularly reviewed by the Chief Operating Decision Maker (“CODM”) in deciding how to allocate resources to an individual segment and in assessing performance. The Company’s Chief Executive Officer is the Company’s CODM. The CODM reviews financial information presented on a consolidated basis for purposes of making operating decisions, allocating resources, and evaluating financial performance. As such, the Company has determined that it operates in one reportable segment.
Use of Estimates	Use of EstimatesThe preparation of consolidated financial statements in accordance with GAAP requires management to make certain estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities and the related disclosures at the date of the financial statements, as well as the reported amounts of revenue and expenses during the periods presented. Estimates include, but are not limited to, revenue recognition, allowances for credit losses, gift card breakage, estimated useful lives of property and equipment, capitalized software and website development costs, intangible assets, valuation of stock-based compensation, valuation of investments and other financial instruments including valuation of investments without readily determinable fair values, valuation of acquired intangible assets and goodwill, the incremental borrowing rate applied in lease accounting, insurance reserves, loss contingencies, and income and indirect taxes. Actual results could differ from these estimates.
Business Combinations	Business Combinations The Company accounts for business combinations using the acquisition method of accounting, which requires, among other things, allocation of the fair value of purchase consideration to the tangible and intangible assets acquired and liabilities assumed at their estimated fair values on the acquisition date. The excess of the fair value of purchase consideration over the values of these identifiable assets and liabilities is recorded as goodwill. When determining the fair value of assets acquired and liabilities assumed, management makes significant estimates and assumptions, especially with respect to the valuation of intangible assets. Management’s estimates of fair value are based upon assumptions believed to be reasonable, but which are inherently uncertain and unpredictable and, as a result, actual results may differ from estimates. During the measurement period, not to exceed one year from the date of acquisition, the Company may record adjustments to the assets acquired and liabilities assumed, with a corresponding offset to goodwill if new information is obtained related to facts and circumstances that existed as of the acquisition date. Upon the conclusion of the measurement period or final determination of the fair value of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are reflected in the consolidated statements of operations. Acquisition costs, such as legal and consulting fees, are expensed as incurred.
Cash, Cash Equivalents and Restricted Cash	Cash, Cash Equivalents, and Restricted Cash Cash includes demand deposits with banks or financial institutions as well as cash in transit from payment processors. Cash equivalents include short-term, highly liquid investments with original maturities of three months or less and their
Cash, Cash Equivalents and Restricted Cash	Cash, Cash Equivalents, and Restricted Cash Cash includes demand deposits with banks or financial institutions as well as cash in transit from payment processors. Cash equivalents include short-term, highly liquid investments with original maturities of three months or less and their
Marketable Securities	Marketable Securities Marketable securities primarily consist of commercial paper, U.S. government agency securities, U.S. Treasury securities, and corporate bonds. The Company invests in a diversified portfolio of marketable securities and limits the concentration of its investment in any particular security. Securities with maturities greater than three months, but less than one year, are included in current assets and securities with maturities greater than one year are included in non-current assets on the consolidated balance sheets. All marketable securities are classified as available-for-sale and reported at fair value. If the estimated fair value of an available-for-sale debt security is below its amortized cost basis, then the Company evaluates the security for impairment. The Company considers its intent to sell the security or whether it is more likely than not that it will be required to sell the security before recovery of its amortized basis. If either of these criteria are met, the debt security’s amortized cost basis is written down to fair value through other income (expense), net in the consolidated statements of operations. If neither of these criteria are met, the Company evaluates whether unrealized losses have resulted from a credit loss or other factors. The factors considered in determining whether a credit loss exists can include the extent to which fair value is less than the amortized cost basis, changes to the rating of the security by a rating agency, any adverse conditions specifically related to the security, as well as other factors. An impairment relating to credit losses is recorded through an allowance for credit losses reported in other income (expense), net in the consolidated statements of operations. The allowance is limited by the amount that the fair value of the debt security is below its amortized cost basis. When a credit loss exists, the Company compares the present value of cash flows expected to be collected from the debt security with the amortized cost basis of the security to determine what allowance amount, if any, should be recorded. As of December 31, 2021 and 2022, no allowance of credit losses related to marketable securities was recorded. Unrealized losses not resulting from credit losses are recorded through accumulated other comprehensive income (loss).
Funds Held at Payment Processors	Funds Held at Payment Processors Funds held at payment processors represent cash due from the Company’s payment processors for transactions with merchants and consumers, as well as funds transferred to payment processors for Dasher payout.
Accounts Receivable, Net and Allowance for Credit Losses	Accounts Receivable, Net and Allowance for Credit Losses Accounts receivable, net primarily represents receivables from merchants that were generated through the Company’s Drive offering. The Company maintains an allowance for credit losses, which is based on the Company’s assessment of the collectability of accounts. The Company regularly reviews the adequacy of the allowance for credit losses on a collective basis by considering the age of each outstanding invoice, each customer’s expected ability to pay and collection history, current market conditions, and reasonable and supportable forecasts of future economic conditions to determine whether the allowance is appropriate. Accounts receivable deemed uncollectible are charged against the allowance for credit losses when identified.
Property and Equipment, Net	Property and Equipment, Net Property and equipment are recorded at cost and depreciated using the straight-line method over the estimated useful lives of the related assets. The useful lives are as follows: Estimated Useful Life Equipment for merchants 2 years Computer equipment and software 2 years Office equipment 5 years Capitalized software and website development costs 2 years Leasehold improvements Shorter of estimated useful life or lease term
Goodwill and Intangible Assets	Intangible Assets, Net Intangible assets are recorded at fair value as of the date of acquisition and amortized on a straight-line basis over their estimated useful lives. The Company reviews identifiable amortizable intangible assets for impairment under the long-lived asset model described under “Impairment of Long-Lived Assets” below. Goodwill Goodwill represents the excess of the purchase price over the fair value of the net tangible and intangible assets acquired in a business combination. Goodwill is not amortized, but is tested for impairment at least annually or more frequently if events or changes in circumstances indicate that the asset may be impaired. The Company’s impairment tests are based on a single operating segment and reporting unit structure. If the carrying value of the reporting unit exceeds its fair value, an impairment charge is recognized for the excess of the carrying value of the reporting unit over its fair value. The Company conducted its annual goodwill impairment test during the fourth quarter of 2022 and determined that the fair value of the reporting unit significantly exceeded its carrying value. No impairment charge was recorded in any of the periods presented in the accompanying consolidated financial statements. Capitalized Software and Website Development Costs The Company incurred costs relating to the development of the Company’s technology platform, which includes Dasher and merchant tools, mobile apps, and website and content development. Software development costs related to software acquired, developed, or modified solely to meet the Company’s internal requirements, with no substantive plans to market such software at the time of development, are capitalized during the application development stage of the project. Costs incurred during the preliminary planning and evaluation stage of the project and during the post implementation operational stage are expensed as incurred. Costs to develop the Company’s technology platform are capitalized when preliminary development efforts are successfully completed, management has authorized and committed project funding, and it is probable that the project will be completed and the software will be used as intended. Costs incurred for enhancements that are expected to result in additional functionality are capitalized and expensed over the estimated useful life of the upgrades on a per project basis.
Non-Marketable Equity Securities	Non-Marketable Equity Securities Non-marketable equity securities which the Company does not have a controlling financial interest in and does not exercise significant influence over the investee are recorded at cost and adjusted for observable transactions for same or similar investments of the same issuer (referred to as the measurement alternative) or impairment. The carrying value is not adjusted for the Company’s non-marketable equity securities if there are no observable price changes in a same or similar security from the same issuer or if there are no identified events or changes in circumstances that may indicate impairment.
Impairment of Long-Lived Assets	Impairment of Long-Lived AssetsThe Company evaluates its long-lived assets or asset groups for indicators of possible impairment by comparison of the carrying amount to future net undiscounted cash flows expected to be generated by such asset or asset group when events or changes in circumstances indicate the carrying amount of an asset or asset group may not be recoverable. Should an impairment exist, the impairment loss would be measured based on the excess carrying value of the asset or asset group over the asset’s or asset group’s fair value generally determined by estimates of future discounted cash flows. Assets to be disposed of are reported at the lower of their carrying amount or fair value less costs to sell
Insurance Reserves	Insurance Reserves The Company utilizes third-party insurance which include retained insurance deductibles to insure costs including auto liability related to both bodily injury and physical damage, and uninsured and underinsured motorists up to a certain dollar retention limit. The recorded insurance reserves reflect the estimated cost for claims incurred but not paid and claims that have been incurred but not yet reported. The estimate of the Company’s ultimate deductible obligation utilizes actuarial techniques applied to historical claim and loss experience. Given its limited operational history, the Company utilizes
Loss Contingencies	Loss Contingencies The Company is involved in various lawsuits, claims, investigations, and proceedings that arise in connection with its business. Certain of these matters include speculative claims for substantial or indeterminate amounts of damages. The Company records a liability in accrued expenses and other current liabilities on the consolidated balance sheets when the Company believes that it is both probable that a loss has been incurred and the amount or range can be reasonably estimated. The Company discloses material contingencies when it believes that a loss is not probable but reasonably possible. Significant judgment is required to determine both probability and the estimated amount. The Company reviews these provisions on a quarterly basis and adjusts these provisions accordingly to reflect the impact of negotiations, settlements, rulings, advice of legal counsel, and updated information.
Sales and Indirect Taxes	Sales and Indirect Taxes The Company records sales and indirect tax liabilities when they become probable and the amount can be reasonably estimated. Sales and indirect tax liabilities are included in accrued expenses and other current liabilities on the consolidated balance sheets.
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) Accumulated other comprehensive income (loss) primarily consists of foreign currency translation adjustments and unrealized gains and losses on available-for-sale marketable securities. The financial statements of the Company’s foreign subsidiaries are translated from their functional currency, which is typically the local currency, into U.S. dollars. Assets and liabilities are translated at period end rates of exchange, and revenue and expenses are translated using average monthly exchange rates. The resulting gain or loss is included in accumulated other comprehensive income (loss) on the consolidated balance sheets. Available-for-sale securities are reported at fair value, with unrealized gains and losses included as a separate component of stockholders’ equity within accumulated other comprehensive income (loss).
Stock-Based Compensation	Stock-Based Compensation The fair value of restricted stock and RSUs is estimated based on the fair value of the Company’s common stock on the date of grant. Prior to November 2020, RSUs granted by the Company vest upon the satisfaction of both a service-based vesting condition, which is typically four years, and a liquidity event-related performance vesting condition. The liquidity event-related performance vesting condition was achieved upon the consummation of the Company's IPO, and the Company recorded a cumulative stock-based compensation expense of $279 million as of the IPO date for those RSUs for which the service-based vesting condition has been satisfied. Stock-based compensation related to the remaining service-based period after the liquidity event-related performance vesting condition was satisfied will be recorded over the remaining requisite service period using the accelerated attribution method. Since November 2020, with the exception of the CEO Performance Award and options assumed via acquisition (as discussed further in Note 12 - "Common Stock"), the Company only granted RSUs that vest upon the satisfaction of a service-based vesting condition and the compensation expense for these RSUs is recognized on a straight-line basis over the requisite service period. For the CEO Performance Award (as defined below) that includes a market condition, the fair value of the award was determined using a Monte Carlo simulation model. The associated stock-based compensation is recorded over the derived service period, using the accelerated attribution method. If the stock price goals are met sooner than the derived service period, the Company will adjust the stock-based compensation expense to reflect the cumulative expense associated with the vested award. Provided that Tony Xu continues to be the Chief Executive Officer of the Company, stock-based compensation expense is recognized over the requisite service period, regardless of whether the stock price goals are achieved.
Provision for Income Taxes	Provision for Income Taxes The Company accounts for income taxes using the asset and liability method. Under this method, deferred income tax assets and liabilities are recorded based on the estimated future tax effects of differences between the financial statement and income tax basis of existing assets and liabilities. These differences are measured using the enacted statutory tax rates that are expected to apply to taxable income for the years in which differences are expected to reverse. The Company recognizes the effect on deferred income taxes of a change in tax rates in the period that includes the enactment date. The Company records a valuation allowance to reduce its deferred tax assets to the net amount that it believes is more-likely-than-not to be realized. Management considers all available evidence, both positive and negative, including historical levels of income, expectations and risks associated with estimates of future taxable income, and ongoing tax planning strategies in assessing the need for a valuation allowance. The Company operates in various tax jurisdictions and is subject to audit by tax authorities. The Company recognizes the tax benefit of an uncertain tax position only if it is more-likely-than-not that the position is sustainable upon examination by the taxing authority, based on the technical merits. The tax benefit recognized is measured as the largest amount of benefit which is greater than 50% likely to be realized upon settlement with the taxing authority. The Company recognizes interest accrued and penalties related to unrecognized tax benefits in the provision for income taxes.
Fair Value	Fair Value The Company measures certain assets and liabilities at fair value on a recurring basis based on an expected exit price, which represents the amount that would be received on the sale of an asset or paid to transfer a liability in an orderly transaction between market participants. As such, fair value may be based on assumptions that market participants would use in pricing an asset or liability. The authoritative guidance on fair value measurements establishes a consistent framework for measuring fair value on either a recurring or nonrecurring basis, whereby inputs used in valuation techniques, are assigned a hierarchical level. The following are the hierarchical levels of inputs to measure fair value: Level 1 Observable inputs that reflect quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 Inputs reflect quoted prices for identical assets or liabilities in markets that are not active; quoted prices for similar assets or liabilities in active markets; inputs other than quoted prices that are observable for the assets or liabilities; or inputs that are derived principally from or corroborated by observable market data by correlation or other means. Level 3 Unobservable inputs reflecting the Company’s own assumptions incorporated in valuation techniques used to determine fair value. These assumptions are required to be consistent with market participant assumptions that are reasonably available. The carrying amounts of certain of the Company’s financial instruments, which include cash equivalents, accounts receivable, accounts payable, and accrued expenses and other current liabilities approximate their fair values due to their short maturities.
Concentration of Credit Risk	Concentration of Credit Risk The Company’s cash, cash equivalents, marketable securities, funds held at payment processors, and accounts receivable are potentially subject to concentration of credit risk. Although the Company deposits its cash with multiple financial institutions, the deposits, at times, may exceed federally insured limits. Management believes that the institutions are financially stable and, accordingly, minimal credit risk exists. The Company limits purchases of debt securities to investment-grade securities. The Company has not experienced any significant credit losses historically. The Company relies on a limited number of third parties to provide payment processing services (“payment processors”) including collecting amounts due from end-users and processing Dasher payouts. Payment processors are financial institutions or credit card companies that the Company believes are of high credit quality. The Company retains the risk of collecting such amounts from the payment processors, which are included in funds held at payment processors for the unsettled portion at each period end. The portion of the payments to be remitted to Dashers and merchants is included in accrued expenses and other current liabilities. Although the Company pre-authorizes forms of payment to mitigate its exposure, the Company absorbs all credit card losses.
Revenue Recognition	Revenue Recognition The Company recognizes revenue in accordance with the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 606, Revenue from Contracts with its Customers. The Company generates a substantial majority of its revenue from orders completed through its Marketplaces and the related commissions charged to partner merchants and fees charged to consumers. A partner merchant represents a merchant that has entered into a contractual agreement with the Company. Revenue from the Marketplaces is recognized at the point in time when the consumer obtains control of the merchant’s products. The Company also generates revenue from membership fees paid by consumers for DashPass and Wolt+, which is recognized as part of the Marketplaces . Revenue generated from the Company’s DashPass and Wolt+ memberships is recognized on a ratable basis over the contractual period, which is generally one month to one year depending on the type of membership purchased by the consumer. In addition, the Company also generates revenue from its Drive offering by collecting per-order fees from merchants that use its local commerce platform to arrange for delivery services that fulfill demand generated through their own channels. Revenue from Drive is recognized at the point in time when the consumer obtains control of the merchant’s products. When determining the appropriate accounting for the fees collected in exchange for the use of the Company’s local commerce platform, the Company considered its contractual arrangements with the parties involved as well as its customary business practices. Under the Company’s agreements with partner merchants, the Company agrees to a commission to be earned as a percentage of the total dollar value of goods ordered. When a consumer signs up to use the Company’s local commerce platform, the consumer agrees to be charged certain fees, at the time an order is placed, in exchange for use of the platform. The Company has concluded that a contract exists between the Company and a partner merchant when the partner merchant accepts each consumer’s order, and a contract exists between the Company and a consumer when the consumer places the order and requests delivery services. The duration of a contract is typically equal to the time between when the order is placed and a Dasher picks up the food from the merchant. Contracts including variable consideration with partner merchants were not material for the periods presented. The Company’s local commerce platform facilitates orders between consumers and partner merchants. Separately, the Company’s platform arranges for consumers to obtain delivery service from Dashers. The Company has determined that the order facilitation service and delivery facilitation service are distinct performance obligations and has therefore considered whether it is a principal or agent separately for each of these items. The order facilitation service and the delivery facilitation service are distinct given that the consumer can benefit from each item separately. Further, the order facilitation service and delivery facilitation service are separately identifiable as the nature of the promises are to transfer the order facilitation service and delivery facilitation service individually, rather than as a combined item. Principal vs. Agent Considerations Judgment is required in determining whether the Company is the principal or the agent in transactions with partner merchants, consumers, and Dashers. As it relates to the accounting for order facilitation services and delivery facilitation services, the Company evaluated whether to present revenue on a gross versus net basis based on whether it controls each specified good or service before it is provided to the consumer in Marketplace transactions. With respect to order facilitation services, the Company has determined it is an agent for partner merchants in facilitating the sale of products to the consumer through its Marketplaces. The consumer accesses the Company’s local commerce platform to identify merchants and places an order for merchants’ products. These orders are picked up from partner merchants and delivered to consumers by Dashers. The Company does not control the products prior to them being transferred to the consumer as it neither has the ability to redirect the products to another consumer nor does it obtain any economic benefit from the products. With respect to the vast majority of its delivery facilitation services, the Company has determined it is acting as an agent for the consumer in facilitating the delivery of products by connecting consumers with Dashers. As the Company’s role with the delivery facilitation service is only to arrange for a delivery opportunity to be offered to prospective Dashers, it does not control how the delivery service is ultimately provided to the consumer. In the vast majority of its transactions with end-users, the Company is an agent in facilitating the sale of products and delivery services, thus the Company reports revenue on a net basis, reflecting amounts collected from consumers, less amounts remitted to merchants and Dashers. Dasher payout represents the amounts paid to Dashers for deliveries, including incentives and tips, except for certain referral bonuses. From time to time, Dashers may request an earlier payment settlement in exchange for a reduction in Dasher payout. The amounts payable to merchants and Dashers are included in accrued expenses and other current liabilities on the consolidated balance sheets as payments are typically settled on a weekly basis. The Company recognizes revenue from both partner merchants and consumers for each successfully completed transaction. The Company satisfies its performance obligations to a partner merchant when there is a successful sale of the merchant’s products and meets its performance obligation to a consumer once the Dasher has picked up the products from the merchant for delivery to the consumer. The Company also provides value-add services to merchants. These services are generally considered separate performance obligations and revenue is recognized over the period in which services are provided. Revenue generated from such services is not material in all periods presented. Gift Cards The Company sells gift cards to consumers that can be redeemed through the Marketplaces. Th ose gift cards have no expiration date and administrative fees are not charged on unused gift cards. In prior periods, with limited history as to consumers' redemption patterns, proceeds from the sale of gift cards were fully deferred and recorded as contract liabilities until consumers used the card to place orders on its platform. When gift cards are redeemed, revenue is recognized on a net basis as the difference between the amounts collected from consumers less amounts remitted to merchants and Dashers. During the year ended December 31, 2021, the Company concluded that it had developed sufficient historical evidence regarding the pattern of consumer redemptions of gift cards to have the ability to estimate the portion of outstanding gift cards that will never be redeemed (“breakage”) and for which there is no legal obligation to remit the value of the unredeemed gift cards to the relevant jurisdiction as unclaimed or abandoned property. The Company recognizes the breakage amounts as revenue, proportionate to the pattern of revenue recognition for the gift card redemptions. The Company recorded $48 million and $47 million of gift card breakage revenue during the years ended December 31, 2021 and 2022, respectively. Estimating future breakage rates requires judgment based on current and historical patterns of redemption, and the actual breakage rates may vary from the estimate. Refunds and Credits From time to time the Company issues credits or refunds to merchants and consumers to ameliorate issues that may arise with orders. The Company accounts for such refunds as variable consideration and therefore records the amount of each refund or credit issued as a reduction of revenue. Incentive Programs The Company offers incentives to attract consumers and Dashers to use its local commerce platform. Consumers typically receive credits or discounted delivery fees while Dashers typically receive cash incentives. Each of the incentives are described below. Consumer Promotions The Company uses promotions in tandem with sales and marketing spend to attract new consumers to its platform. Promotions offered to consumers are primarily recorded as a reduction of revenue and include the following: New consumer incentives: The Company records discounts and incentives provided to new consumers as a promotion and reduces revenue on the date that the corresponding revenue transaction is recorded. Consumer referrals: The Company offers referral credits to its existing consumers for referrals of new consumers. These referral credits are paid in exchange for a distinct marketing service and therefore the portion of these credits that is equal to or less than the fair value of acquiring a new consumer are accounted for as a consumer acquisition cost. These new consumer acquisition costs are expensed as incurred and reflected as sales and marketing expenses in the Company’s consolidated statements of operations. The portion of these credits in excess of the fair value of acquiring a new consumer is accounted for as a reduction of revenue. Existing consumer incentives: On occasion, the Company offers promotional discounts to existing consumers. The Company records incentives provided to existing consumers as a promotion and reduces revenue on the date that the corresponding revenue transaction is recorded. Dasher Incentives and Referrals The Company offers various incentives to Dashers, which are primarily recorded within Dasher payout and reduce revenue. These are offered in various forms and include: Peak pay : The Company makes additional payments to Dashers to incentivize them to accept delivery opportunities during peak demand time. Dasher referrals : The Company offers referral bonuses to referring Dashers, as well as to referred Dashers, once the new Dasher has met certain qualifying conditions. The Company expenses the fair value of payments made to the referring Dashers as incurred in sales and marketing expenses in the consolidated statements of operations, since the marketing of the Company’s platform to acquire new Dashers represents a distinct benefit to the Company. The portion of these referral bonuses in excess of the fair value of payments made to the referring Dashers is accounted for as a reduction of revenue. Payments made to the referred Dashers are recorded within Dasher payout and reduce revenue at the time the corresponding revenue transaction is recorded.
Advertising Expense	Advertising CostsAdvertising costs are expensed when incurred and are included in sales and marketing expenses in the consolidated statements of operations.
Net Loss Per Share Attributable to Common Stockholders	Net Loss Per Share Attributable to Common Stockholders The Company computes net loss per common share following the two-class method required for multiple classes of common stock and participating securities. The Company considers its previously outstanding redeemable convertible preferred stock to be participating securities. The two-class method requires income (loss) available to DoorDash, Inc. common stockholders for the period to be allocated between multiple classes of common stock and participating securities based upon their respective rights to receive dividends as if all income (loss) for the period had been distributed. The holders of the Company’s redeemable convertible preferred stock would be entitled to dividends in preference to common stockholders, at specified rates, if declared. Such dividends are not cumulative. Any remaining earnings would be distributed among the holders of redeemable convertible preferred stock and common stock pro rata on an as-converted basis. These holders of the Company’s redeemable convertible preferred stock are not contractually obligated to participate in the Company’s losses. As such, the Company’s net losses were not allocated to these participating securities. The rights, including the liquidation and dividend rights, of the Class A common stock, Class B common stock, and Class C common stock are substantially identical, other than voting rights. Accordingly, the Class A common stock and Class B common stock shared proportionately in the Company’s net losses. No shares of Class C common stock were issued and outstanding as of December 31, 2021 and 2022. Prior to the completion of the IPO, there were no shares of Class B common stock issued and outstanding. Basic net loss per share is computed by dividing the net loss attributable to common stockholders by the weighted-average number of shares of common stock outstanding during the period, less shares subject to repurchase. The diluted net loss per share is computed by giving effect to all potentially dilutive securities outstanding for the period. For periods in
Leases	Leases The Company determines if an arrangement is or contains a lease at inception. A contract is or contains a lease if it conveys the right to control the use of an identified asset for a period of time in exchange for consideration. ROU assets represents the Company's right to use the underlying assets for the lease term and lease liabilities represents the Company's obligation to make lease payment arising from the lease. The Company has elected the practical expedient not to recognize ROU assets and lease liabilities for short-term leases with terms of twelve months or less. Expense related to short-term leases is recognized either straight-line over the lease term or as incurred depending on whether the lease payments are fixed or variable. ROU assets are recognized as the lease liability, adjusted for lease incentives received. Lease liabilities are recognized at the present value of the future lease payments at the lease commencement date. The Company’s classes of assets that are leased include real estate leases and equipment leases. Operating leases consist of real estate leases and are included in operating lease ROU assets and operating lease liabilities on the Company’s consolidated balance sheets. Finance leases consist of equipment leases and are included in property and equipment, net on the Company’s consolidated balance sheets. Most of the Company’s leases are operating leases, and activities related to finance leases were not material for the periods presented. The Company’s real estate leases are for an initial period between one The Company subleases certain portions of buildings subject to operating leases. The terms and conditions of the subleases are commensurate with the terms and conditions within the original operating leases. The term of the subleases generally range from four When the discount rate implicit in the lease cannot be readily determined, the Company uses the applicable incremental borrowing rate at lease commencement in order to discount lease payments to present value for purposes of performing lease classification tests and measuring the lease liability. The incremental borrowing rate represents the rate of interest the Company would have to pay to borrow on a collateralized basis over a similar term an amount equal to the lease payments in a similar economic environment. Because the Company does not typically borrow on a collateralized basis, it uses a derived unsecured synthetic credit rating adjusted for collateralization, current available yield curves, and the lease term as inputs to derive an appropriate incremental borrowing rate.
Variable Interest Entity	Variable Interest Entities The Company evaluates its ownership, contractual and other interests in entities to determine if it has a variable interest in an entity and if it is the primary beneficiary. These evaluations are complex and involve judgment and the use of estimates and assumptions based on available historical and prospective information, among other factors. If the Company determines that entities for which the Company holds a contractual or ownership interest in are variable interest entities ("VIE") and that the Company is the primary beneficiary, the Company consolidates such entities in the consolidated financial statements. The primary beneficiary of a VIE is the party that meets both of the following criteria: (1) has the power to make decisions that most significantly affect the economic performance of the VIE and (2) has the obligation to absorb losses or the right to receive benefits that in either case could potentially be significant to the VIE. Periodically, the Company determines whether any changes in the interest or relationship with the entity impacts the determination of whether the Company is still the primary beneficiary. If the Company is not deemed to be the primary beneficiary in a VIE, the Company accounts for the investment or other variable interests in a VIE in accordance with applicable GAAP.
Restructuring	Restructuring Costs and liabilities associated with management-approved restructuring activities are recognized when they are incurred. One-time employee termination costs are recognized at the time of communication to employees, unless future service is required, in which case the costs are recognized over the future service period. Ongoing employee termination benefits are recognized as a liability when it is probable that a liability exists and the amount is reasonably estimable. Restructuring charges are recognized as an operating expense within the consolidated statements of operations and related liabilities are recorded within accrued expenses and other current liabilities on the consolidated balance sheets. The Company periodically evaluates and, if necessary, adjusts its estimates based on currently available information.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Adopted In October 2021, the Financial Accounting Standards Board (the "FASB") issued Accounting Standard Update ("ASU") 2021-08, Business Combinations (Topic 805) : Accounting for Contract Assets and Contract Liabilities from Contracts with Customers, which requires an acquirer in a business combination to recognize and measure contract assets and contract liabilities in accordance with Accounting Standards Codification ("ASC") Topic 606, as if it had originated the contracts. Under the current business combinations guidance, such assets and liabilities are recognized by the acquirer at fair value on the acquisition date. ASU 2021-08 is effective for fiscal years beginning after December 15, 2022 and early adoption is permitted. The Company early adopted the guidance in 2022 and the impact of the adoption was not material.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
Summary of Significant Accounting Policies (Tables)	Dec. 31, 2022
Accounting Policies [Abstract]
Useful Lives of Property and Equipment	The useful lives are as follows: Estimated Useful Life Equipment for merchants 2 years Computer equipment and software 2 years Office equipment 5 years Capitalized software and website development costs 2 years Leasehold improvements Shorter of estimated useful life or lease term Property and equipment, net consisted of the following (in millions): December 31, 2021 December 31, 2022 Equipment for merchants $ 160 $ 156 Computer equipment and software 47 68 Capitalized software and website development costs 288 591 Leasehold improvements 98 164 Office equipment 25 52 Construction in progress 31 74 Total 649 1,105 Less: Accumulated depreciation and amortization (247) (468) Property and equipment, net $ 402 $ 637

Revenue (Tables)

Revenue (Tables)	12 Months Ended
Revenue (Tables)	Dec. 31, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	Revenue by geographic area is determined based on the address of the merchant, or in the case of the Company's membership products, the address of the consumer. Revenue by geographic area was as follows (in millions): Year Ended December 31, 2020 2021 2022 United States $ 2,875 $ 4,877 $ 6,251 International 11 11 332 Total revenue $ 2,886 $ 4,888 $ 6,583
Contract Liabilities	A summary of activities related to contract liabilities for the year ended December 31, 2022 was as follows (in millions): Year Ended December 31, 2022 Beginning balance $ 183 Addition to contract liabilities 1,807 Reduction of contract liabilities (1)(2) (1,739) Ending balance $ 251 (1) Gift cards and certain consumer credits can be redeemed through the Marketplaces. When they are redeemed, revenue is recognized on a net basis as the difference between the amounts collected from consumers less amounts remitted to merchants and Dashers for those transactions. Therefore, the amount recognized as revenue related to the reduction of gift cards and certain consumer credits is less than the amount presented in the table above. Net revenue associated with gift cards and certain consumer credits is not tracked by the Company as it is impracticable to do so. (2) Included in the beginning balance of contract liabilities was $68 million associated with unearned prepayments received by the Company, all of which was recognized as revenue during the year ended December 31, 2022. The ending balance of unearned prepayments is expected to be recognized as revenue in 12 months or less.
Deferred Contract Costs	A summary of activities related to deferred contract costs was as follows (in millions): Year Ended December 31, 2020 2021 2022 Beginning balance $ 21 $ 43 $ 62 Capitalization of deferred contract costs 32 39 70 Amortization of deferred contract costs (10) (20) (32) Ending balance $ 43 $ 62 $ 100 Deferred contract costs, current $ 16 $ 25 $ 36 Deferred contract costs, non-current 27 37 64 Total deferred contract costs $ 43 $ 62 $ 100
Accounts Receivable, Allowance for Credit Loss	The allowance for credit losses related to accounts receivable and changes were as follows (in millions): Year Ended December 31, 2020 2021 2022 Beginning balance $ 2 $ 13 $ 39 Additions to the provision for expected credit losses 16 37 — Write-offs charged against the allowance (5) (11) (19) Ending balance $ 13 $ 39 $ 20

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
Acquisitions (Tables)	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Business Acquisitions, by Acquisition	The acquisition date fair value of the consideration transferred for Wolt was $2,838 million, which consisted of the following (in millions): Fair Value DoorDash Class A common stock $ 2,705 Stock-based compensation awards (DoorDash options, RSUs, and revesting common stock) attributable to pre-combination services 133 Total consideration $ 2,838
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed as of the acquisition date (in millions): May 31, 2022 Current assets $ 272 Intangible assets 772 Goodwill 1,994 Other non-current assets 82 Current liabilities (201) Deferred tax liability, net (34) Other non-current liabilities (47) Total purchase price $ 2,838 The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed as of the acquisition date (in millions): March 1, 2022 Current assets $ 11 Intangible assets 18 Goodwill 60 Other liabilities (1) Total purchase price $ 88
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination	The following table sets forth the components of intangible assets acquired (in millions) and their estimated useful life as of the date of acquisition (in years): Estimated Useful Life May 31, 2022 Merchant relationships 11 $ 236 Trademark 10 268 Existing technology 6 150 Customer relationships 3 107 Courier relationships 1 11 Total acquired intangible assets $ 772
Pro Forma Information	The unaudited pro forma results are as follows (in millions): Year Ended December 31, 2021 2022 Revenue $ 5,128 $ 6,734 Net loss $ (1,039) $ (1,549)

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets, Net (Tables)	12 Months Ended
Goodwill and Intangible Assets, Net (Tables)	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The changes in the carrying amount of goodwill for the periods presented were as follows (in millions): Total Balance as of December 31, 2020 $ 316 Addition — Balance as of December 31, 2021 316 Acquisitions 2,054 Balance as of December 31, 2022 $ 2,370
Schedule of Intangible Assets	Intangible assets, net consisted of the following as of December 31, 2021 (in millions): Weighted-average Gross Carrying Accumulated Net Carrying Existing technology 7.0 $ 71 $ (52) $ 19 Merchant relationships 10.8 45 (8) 37 Courier relationships — 1 (1) — Customer relationships 0.8 9 (6) 3 Trade name and trademarks 0.8 6 (4) 2 Balance as of December 31, 2021 $ 132 $ (71) $ 61 Intangible assets, net consisted of the following as of December 31, 2022 (in millions): Weighted-average Gross Carrying Accumulated Net Carrying Existing technology 5.3 $ 236 $ (88) $ 148 Merchant relationships 10.0 294 (26) 268 Courier relationships 0.4 12 (7) 5 Customer relationships 2.4 119 (30) 89 Trade name and trademarks 9.4 277 (22) 255 Balance as of December 31, 2022 $ 938 $ (173) $ 765
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The estimated future amortization expense of intangible assets as of December 31, 2022 was as follows (in millions): Year Ending December 31, Amortization 2023 $ 126 2024 122 2025 97 2026 80 2027 77 Thereafter 263 Total estimated future amortization expense $ 765

Fair Value Measures and Disclos

Fair Value Measures and Disclosures (Tables)	12 Months Ended
Fair Value Measures and Disclosures (Tables)	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	The following tables set forth the Company’s financial instruments that were measured at fair value on a recurring basis by level within the fair value hierarchy (in millions): December 31, 2021 Level 1 Level 2 Level 3 Total Cash equivalents Money market funds $ 544 $ — $ — $ 544 U.S. Treasury securities — 50 — 50 Short-term marketable securities Commercial paper — 373 — 373 Corporate bonds — 141 — 141 U.S. government agency securities — 69 — 69 U.S. Treasury securities — 670 — 670 Long-term marketable securities Corporate bonds — 114 — 114 U.S. government agency securities — 49 — 49 U.S. Treasury securities — 487 — 487 Total $ 544 $ 1,953 $ — $ 2,497 December 31, 2022 Level 1 Level 2 Level 3 Total Cash equivalents Money market funds $ 886 $ — $ — $ 886 Commercial paper — 3 — 3 Short-term marketable securities Commercial paper — 306 — 306 Corporate bonds — 205 — 205 U.S. government agency securities — 76 — 76 U.S. Treasury securities — 957 — 957 Long-term marketable securities Corporate bonds — 145 — 145 U.S. government agency securities — 44 — 44 U.S. Treasury securities — 208 — 208 Total $ 886 $ 1,944 $ — $ 2,830
Schedule of Effect of Significant Unobservable Inputs, Changes in Plan Assets	The following table summarizes information about the significant unobservable inputs used in the OPM for the Company's investment as of December 31, 2022: Key unobservable inputs Volatility 60.0% Estimated duration used in the OPM 3 years
Schedule of Other Nonoperating Income (Expense)	The following table summarizes the carrying value of the Company's non-marketable equity securities as of December 31, 2021 and 2022 including impairments and cumulative upward and downward adjustments made to the initial cost basis of the securities, which were recorded in other income (expenses), net in the consolidated statements of operations (in millions): Year Ended December 31, 2021 2022 Initial cost basis $ 409 $ 427 Upward adjustments — 9 Downward adjustments (including impairment) — (312) Total carrying value at the end of reporting period $ 409 $ 124

Balance Sheet Components (Table

Balance Sheet Components (Tables)	12 Months Ended
Balance Sheet Components (Tables)	Dec. 31, 2022
Balance Sheet Related Disclosures [Abstract]
Schedule of Cash Equivalents and Marketable Securities	The following tables summarize the cost or amortized cost, gross unrealized gain, gross unrealized loss, and fair value of the Company’s cash equivalents and marketable securities (in millions): December 31, 2021 Cost or Unrealized Estimated Gains Losses Cash equivalents Money market funds $ 544 $ — $ — $ 544 U.S. Treasury securities 50 — — 50 Short-term marketable securities Commercial paper 373 — — 373 Corporate bonds 141 — — 141 U.S. government agency securities 69 — — 69 U.S. Treasury securities 671 — (1) 670 Long-term marketable securities Corporate bonds 115 — (1) 114 U.S. government agency securities 49 — — 49 U.S. Treasury securities 489 — (2) 487 Total $ 2,501 $ — $ (4) $ 2,497 December 31, 2022 Cost or Unrealized Estimated Gains Losses Cash equivalents Money market funds $ 886 $ — $ — $ 886 Commercial paper 3 — — 3 Short-term marketable securities Commercial paper 306 — — 306 Corporate bonds 207 — (2) 205 U.S. government agency securities 78 — (2) 76 U.S. Treasury securities 970 — (13) 957 Long-term marketable securities Corporate bonds 146 — (1) 145 U.S. government agency securities 44 — — 44 U.S. Treasury securities 210 — (2) 208 Total $ 2,850 $ — $ (20) $ 2,830
Schedule of Property and Equipment, net	The useful lives are as follows: Estimated Useful Life Equipment for merchants 2 years Computer equipment and software 2 years Office equipment 5 years Capitalized software and website development costs 2 years Leasehold improvements Shorter of estimated useful life or lease term Property and equipment, net consisted of the following (in millions): December 31, 2021 December 31, 2022 Equipment for merchants $ 160 $ 156 Computer equipment and software 47 68 Capitalized software and website development costs 288 591 Leasehold improvements 98 164 Office equipment 25 52 Construction in progress 31 74 Total 649 1,105 Less: Accumulated depreciation and amortization (247) (468) Property and equipment, net $ 402 $ 637
Schedule of Accrued Expenses and Other Current Liabilities	Accrued expenses and other current liabilities consisted of the following (in millions): December 31, 2021 December 31, 2022 Litigation reserves $ 107 $ 37 Sales tax payable and accrued sales and indirect taxes 167 194 Accrued operations related expenses 217 220 Accrued advertising 102 124 Dasher and merchant payable 424 702 Insurance reserves 143 418 Contract liabilities 183 251 Other 230 386 Total $ 1,573 $ 2,332

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Dec. 31, 2022
Leases [Abstract]
Lease Cost	The components of lease costs related to the Company’s operating leases included in the consolidated statements of operations for the periods presented were as follows (in millions): Year Ended December 31, 2020 2021 2022 Operating lease cost $ 40 $ 52 $ 81 Short-term lease cost 11 17 9 Sublease income (5) (3) (4) Total lease cost $ 46 $ 66 $ 86 Lease terms and discount rates for operating leases were as follows: December 31, 2021 December 31, 2022 Weighted-average remaining lease term (in years) 9.77 8.08 Weighted-average discount rate 6.81% 6.39% Supplemental cash flow and non-cash information was as follows (in millions): Year Ended December 31, 2021 2022 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows for operating leases $ 46 $ 75 ROU assets obtained in exchange for new lease liabilities Operating leases $ 164 $ 154
Future Minimum Lease Payments Required under Operating Leases	As of December 31, 2022, the future minimum lease payments required under operating leases were as follows (in millions): Year Ending December 31, Amount 2023 $ 96 2024 98 2025 91 2026 84 2026 63 Thereafter 274 Total future minimum lease payments 706 Less: Lease not commenced (21) Less: Imputed interest (157) Less: Tenant improvement receivable (17) Present value of future minimum lease payments $ 511

Commitment and Contingencies (T

Commitment and Contingencies (Tables)	12 Months Ended
Commitment and Contingencies (Tables)	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Non-cancelable purchase commitments	As of December 31, 2022, the future minimum payments under the Company’s non-cancelable purchase commitments were as follows (in millions): Year Ending December 31, Amount 2023 $ 172 2024 101 2025 9 Total future minimum payments $ 282

Redeemable Convertible Prefer_2

Redeemable Convertible Preferred Stock (Tables)	12 Months Ended
Redeemable Convertible Preferred Stock (Tables)	Dec. 31, 2022
Temporary Equity Disclosure [Abstract]
Schedule of Redeemable Convertible Preferred Stock	The following table summarizes the redeemable convertible preferred stock outstanding immediately prior to the conversion into common stock, and the rights and preferences of the Company’s respective series preceding the Company’s IPO in December 2020 (in millions, except share amounts which are reflected in thousands, and per share data): Series Shares Shares Issuance Price Per Share Aggregate Carrying Series A-1 13,330 13,330 $ 0.15 $ 0.15 $ 2 $ 7 Series A 27,159 27,159 $ 0.73 $ 0.73 20 20 Series B 7,925 7,925 $ 5.68 $ 5.48 45 45 Series C 26,839 26,839 $ 4.79 $ 4.79 128 128 Series D 98,008 98,008 $ 5.51 (1) $ 5.51 540 535 Series E 18,055 18,055 $ 13.85 $ 13.85 250 250 Series F 18,186 18,186 $ 22.48 $ 22.48 409 476 Series G 21,165 21,165 $ 37.94 $ 37.94 803 803 Series H 9,351 8,316 $ 45.91 $ 45.91 382 382 Total 240,018 238,983 $ 2,579 $ 2,646 (1) The issuance price for Series D redeemable convertible preferred stock was $5.50688, except for shares issued via the conversion of certain of the outstanding convertible promissory notes issued in 2017, for which the conversion price was $4.78778 per share.

Common Stock (Tables)

Common Stock (Tables)	12 Months Ended
Common Stock (Tables)	Dec. 31, 2022
Equity [Abstract]
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity	The activities for the restricted stock issued to employees was as follows (in thousands, except per share data): Number of Weighted- Unvested restricted stock as of December 31, 2021 — Granted 568 $ 76.91 Vested (93) $ 76.91 Forfeited (3) $ 76.91 Unvested restricted stock as of December 31, 2022 472
Schedule of Common Stock Reserved for Future Issuance on an As-converted Basis	The following table summarizes the Company’s shares of common stock reserved for future issuance on an as-converted basis (in thousands): December 31, 2021 December 31, 2022 Stock options issued and outstanding under the 2014 Plan and Inducement Plan 19,115 16,021 RSUs outstanding under the 2014 Plan, 2020 Plan and Inducement Plan 27,556 45,131 Remaining shares available for future issuance 42,196 39,995 Shares available for issuance under the 2020 Employee Stock Purchase Plan 6,499 6,499 Total 95,366 107,646
Schedule of Non-vested Performance Shares	Company Stock Number of RSUs 1 $187.60 518,950 2 $226.80 518,950 3 $265.80 1,037,900 4 $305.00 1,037,900 5 $344.00 1,037,900 6 $383.00 1,556,850 7 $422.20 1,556,850 8 $461.20 1,556,850 9 $501.00 1,556,850
Schedule of Activity under the 2014 and 2020 Plans	A summary of activity under the 2014 Plan, 2020 Plan and Inducement Plan was as follows (in millions, except share amounts which are reflected in thousands, and per share data): Options Outstanding Shares Weighted- Weighted- Aggregate Balance as of December 31, 2021 19,115 $ 2.60 4.59 $ 2,797 Assumed via acquisition 1,710 $ 4.11 Granted — $ — Exercised (4,780) $ 2.30 451 Cancelled and forfeited (24) $ 4.09 Balance as of December 31, 2022 16,021 $ 2.84 3.48 $ 737 Exercisable as of December 31, 2022 15,676 $ 2.80 3.47 $ 721 Vested and expected to vest as of December 31, 2022 16,021 $ 2.84 3.48 $ 737
Summary of RSU Activity	The summary of RSU activity was as follows (in millions, except share amounts which are reflected in thousands, and per share data): Number of Weighted- Aggregate Unvested RSUs as of December 31, 2021 27,518 $ 4,097 Assumed via acquisition 1,396 $ 76.91 Granted 29,647 $ 74.03 Vested (316) $ 83.02 Vested and settled (9,998) $ 81.06 Forfeited (3,442) $ 113.80 Unvested RSUs as of December 31, 2022 44,805 $ 2,167
Schedule of Assumptions used to Estimate the Fair Value of Stock Options Granted	The assumptions used to estimate the fair value of stock options assumed via acquisition for the periods presented were as follows: Year Ended December 31, 2020 2021 2022 Expected volatility — — 69.13% Risk-free rate — — 2.29% Dividend yield — — — Expected term (in years) — — 1.69
Schedule of Stock-based compensation Expense	The Company recorded stock-based compensation expense in the consolidated statements of operations as follows (in millions): Year Ended December 31, 2020 2021 2022 Cost of revenue, exclusive of depreciation and amortization $ 31 $ 46 $ 102 Sales and marketing 37 52 98 Research and development 171 182 365 General and administrative 83 206 313 Restructuring charges — — 11 Total stock-based compensation expense $ 322 $ 486 $ 889

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign	The U.S. and foreign components of loss before income taxes were as follows (in millions): Year Ended December 31, 2020 2021 2022 United States $ (463) $ (461) $ (991) Foreign 5 (2) (408) Loss before income taxes $ (458) $ (463) $ (1,399)
Schedule of Components of Income Tax Expense (Benefit)	The components of the provision for (benefit from) income taxes were as follows (in millions): Year Ended December 31, 2020 2021 2022 Current Federal $ — $ — $ — State 3 3 — Foreign — 1 4 Total current tax expenses $ 3 $ 4 $ 4 Deferred Federal (1) 1 — State — 1 1 Foreign 1 (1) (36) Total deferred tax expenses (benefit) — 1 (35) Total provision for (benefit from) income taxes $ 3 $ 5 $ (31)
Schedule of Effective Income Tax Rate Reconciliation	The reconciliation of the statutory federal income tax rate to the Company’s effective tax rate was as follows: Year Ended December 31, 2020 2021 2022 Federal tax at statutory rate 21 % 21 % 21 % State tax, net of federal benefit 3 4 3 Change in valuation allowance (21) (225) (18) Stock-based compensation (2) 155 (1) Research and development credits 3 46 (2) Non-deductible expenses (3) (1) (1) Non-deductible interest expenses (2) (1) — Worthless stock deduction — — 1 Other — — (1) Benefit from (provision for) income taxes (1) % (1) % 2 %
Schedule of Deferred Tax Assets and Liabilities	The significant components of the Company’s deferred tax assets and liabilities were as follows (in millions): December 31, 2021 2022 Deferred tax assets Accruals and reserves $ 104 $ 132 Stock-based compensation 36 74 Tax credits carryforward 237 209 Operating lease liabilities 101 115 Capitalized research and development — 619 Net operating loss carryforward 1,050 660 Other — 88 Total gross deferred tax assets 1,528 1,897 Less: Valuation allowance (1,398) (1,655) Total deferred tax assets net of valuation allowance 130 242 Deferred tax liabilities Property and equipment and intangible assets (36) (134) ROU assets (83) (94) Deferred contract costs (15) (17) Total gross deferred tax liabilities (134) (245) Net deferred tax liabilities $ (4) $ (3)
Schedule of Unrecognized Tax Benefits Roll Forward	A reconciliation of the beginning and ending balance of gross unrecognized tax benefits is included in the table below (in millions): Year Ended December 31, 2020 2021 2022 Unrecognized tax benefits at beginning of year $ 7 $ 7 $ 69 Increases related to current year tax positions 3 62 19 Decreases related to prior year tax positions (3) — (19) Unrecognized tax benefits at end of year $ 7 $ 69 $ 69

Net Loss per Share Attributab_2

Net Loss per Share Attributable to DoorDash, Inc. Common Stockholders (Tables)	12 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Net Loss per Share Attributable to Common Stockholders	The following table sets forth the calculation of basic and diluted net loss per share attributable to common stockholders during the periods presented. The shares issued in the IPO and the shares of Class A common stock issued upon conversion of the outstanding shares of redeemable convertible preferred stock in the IPO, as well as vested RSUs that have not been settled are included in the table below weighted for the period outstanding in the years ended December 31, 2020, 2021 and 2022 (in millions, except share amounts which are reflected in thousands, and per share data): Year Ended December 31, 2020 2021 2022 Class A Class B Class A Class B Class A Class B Net loss including redeemable non-controlling interests $ (446) $ (15) $ (424) $ (44) $ (1,260) $ (108) Less: Net loss attributable to redeemable non-controlling interests — — — — (3) — Net loss attributable to DoorDash, Inc. $ (446) $ (15) $ (424) $ (44) $ (1,257) $ (108) Weighted-average number of shares outstanding used to compute net loss per share attributable to DoorDash, Inc. common stockholders, basic and diluted 60,422 1,968 305,500 31,347 342,015 29,398 Net loss per share attributable to DoorDash, Inc. common stockholders, basic and diluted $ (7.39) $ (7.39) $ (1.39) $ (1.39) $ (3.68) $ (3.68)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share	The following outstanding shares of potentially dilutive securities were excluded from the computation of diluted net loss per share because including them would have had an anti-dilutive effect, or issuance of such shares is contingent upon the satisfaction of certain conditions which were not satisfied at the end of the respective periods (in thousands): As of December 31, 2020 2021 2022 Stock options to purchase common stock 33,802 19,115 16,021 Unvested restricted stock and restricted stock units 28,366 27,518 45,172 Convertible promissory notes 2,595 — — Escrow shares — — 2,012 Total 64,763 46,633 63,205

Restructuring (Tables)

Restructuring (Tables)	12 Months Ended
Restructuring (Tables)	Dec. 31, 2022
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Reserve by Type of Cost	The following table summarizes the total amount incurred and accrued related to these restructuring activities (in millions): Workforce reduction costs Accrued restructuring as of January 1, 2022 $ — Restructuring charges incurred during the year 82 Cash payments (17) Non-cash settlements and other adjustments (14) Accrued restructuring as of December 31, 2022 $ 51

Organization, Consolidation and

Organization, Consolidation and Presentation of Financial Statements (Details) $ / shares in Units, $ in Millions			12 Months Ended
	Dec. 09, 2020 USD ($) $ / shares shares	Dec. 08, 2020 shares	Dec. 31, 2022 USD ($) country shares	Dec. 31, 2021 USD ($) shares	Dec. 31, 2020 USD ($) shares
Class of Stock [Line Items]
Preferred stock, authorized (shares)	600,000,000
Stock-based compensation expense \| $			$ 889	$ 486	$ 322
Shares withheld related to net share settlement \| $			0	$ 172	$ 7
Common Stock
Class of Stock [Line Items]
Common stock, shares converted (shares)	285,000,000
Shares withheld related to net share settlement (shares)				851,000	65,000
Employees
Class of Stock [Line Items]
Short-term loan extended to employees \| $			$ 10
Unvested restricted stock units
Class of Stock [Line Items]
Stock-based compensation expense \| $	$ 279
Class A
Class of Stock [Line Items]
Shares issued upon conversion of outstanding redeemable convertible preferred stock (shares)	239,000,000
Common stock, authorized (shares)	6,000,000,000		6,000,000,000	6,000,000,000
Common stock, shares converted (shares)	31,000,000
Common stock, shares issued upon conversion (shares)	285,000,000	239,269,631
Shares withheld related to net share settlement (shares)	65,058
Shares withheld related to net share settlement \| $	$ 7
Class A \| IPO
Class of Stock [Line Items]
Shares issued in initial public offering (shares)	33,000,000
Sale of stock, price per share (in USD) \| $ / shares	$ 102
Proceeds from issuance in IPO \| $	$ 3,300
Class B
Class of Stock [Line Items]
Common stock, authorized (shares)	200,000,000		200,000,000	200,000,000
Common stock, shares issued upon conversion (shares)	31,000,000
Class C Common Stock
Class of Stock [Line Items]
Common stock, authorized (shares)	2,000,000,000		2,000,000,000	2,000,000,000
DoorDash Marketplace
Class of Stock [Line Items]
Number of operating countries \| country			4
Wolf Marketplace
Class of Stock [Line Items]
Number of operating countries \| country			23

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Details)	12 Months Ended
Summary of Significant Accounting Policies (Details)	Dec. 31, 2022 USD ($) segment	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Revenues from External Customers and Long-Lived Assets [Line Items]
Number of reportable segments \| segment	1
Restricted cash	$ 211,000,000	$ 2,000,000	$ 0
Impairment charge	0	0	0
Non-marketable equity securities	124,000,000	409,000,000
Operating lease, impairment loss	2,000,000	1,000,000	11,000,000
Self insurance reserve	359,000,000	134,000,000	63,000,000
Insurance reserves	418,000,000	143,000,000
Change in estimate of gift card breakage	47,000,000	48,000,000
Advertising expense	$ 1,100,000,000	1,200,000,000	$ 698,000,000
Minimum
Revenues from External Customers and Long-Lived Assets [Line Items]
Subscription revenue recognition period	1 month
Maximum
Revenues from External Customers and Long-Lived Assets [Line Items]
Subscription revenue recognition period	1 year
International
Revenues from External Customers and Long-Lived Assets [Line Items]
Long-lived assets	$ 124,000,000	$ 28,000,000

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Property and Equipment, Net (Details)	12 Months Ended
	Dec. 31, 2022
Equipment for merchants
Property, Plant and Equipment [Line Items]
Useful life of property and equipment	2 years
Computer equipment and software
Property, Plant and Equipment [Line Items]
Useful life of property and equipment	2 years
Office equipment
Property, Plant and Equipment [Line Items]
Useful life of property and equipment	5 years
Capitalized software and website development costs
Property, Plant and Equipment [Line Items]
Useful life of property and equipment	2 years

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Stock-based Compensation (Details) - USD ($) $ in Millions		12 Months Ended
	Dec. 09, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense		$ 889	$ 486	$ 322
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period		4 years
Stock-based compensation expense	$ 279

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Concentration of Credit Risk (Details) - Accounts Receivable - Customer Concentration Risk	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Customer One
Concentration Risk [Line Items]
Concentration risk (percent)		15%
Customer Two
Concentration Risk [Line Items]
Concentration risk (percent)		14%
One Customer
Concentration Risk [Line Items]
Concentration risk (percent)	14%

Summary of Significant Accoun_8

Summary of Significant Accounting Policies - Net Loss Attributable to Common Stockholders (Details) - shares	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 09, 2020	Dec. 08, 2020	Dec. 31, 2019
Class C Common Stock
Class of Stock [Line Items]
Common stock, issued (shares)	0	0
Common stock, outstanding (shares)	0	0
Class B
Class of Stock [Line Items]
Common stock, issued (shares)	28,172,000	31,246,000			0
Common stock, outstanding (shares)	28,172,000	31,246,000			0
Class A
Class of Stock [Line Items]
Common stock, issued (shares)	363,299,000	315,266,000
Common stock, outstanding (shares)	363,299,000	315,266,000
Shares issued upon conversion of outstanding redeemable convertible preferred stock (shares)				239,000,000
Redeemable Convertible Preferred Stock
Class of Stock [Line Items]
Redeemable convertible preferred, issued (shares)	0	0	0		238,983,000
Redeemable convertible preferred, outstanding (shares)	0	0	0		238,983,000	230,667,000

Summary of Significant Accoun_9

Summary of Significant Accounting Policies - Leases (Details)	12 Months Ended
	Dec. 31, 2022
Minimum
Lessee, Lease, Description [Line Items]
Initial lease term	1 year
Term of sublease	4 years
Maximum
Lessee, Lease, Description [Line Items]
Initial lease term	15 years
Term of sublease	5 years

Revenue - Disaggregated Revenue

Revenue - Disaggregated Revenue (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disaggregation of Revenue [Line Items]
Total revenue	$ 6,583	$ 4,888	$ 2,886
United States
Disaggregation of Revenue [Line Items]
Total revenue	6,251	4,877	2,875
International
Disaggregation of Revenue [Line Items]
Total revenue	$ 332	$ 11	$ 11

Revenue - Contract Liabilities

Revenue - Contract Liabilities (Details) $ in Millions	12 Months Ended
Revenue - Contract Liabilities (Details) $ in Millions	Dec. 31, 2022 USD ($)
Contract Liabilities [Roll Forward]
Beginning balance	$ 183
Addition to contract liabilities	1,807
Reduction of contract liabilities	(1,739)
Ending balance	251
Unearned prepayments received	$ (68)

Revenue - Rollforward of Deferr

Revenue - Rollforward of Deferred Contract Costs (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Capitalized Contract Cost [Roll Forward]
Beginning balance	$ 62	$ 43	$ 21
Capitalization of deferred contract costs	70	39	32
Amortization of deferred contract costs	(32)	(20)	(10)
Ending balance	$ 100	$ 62	$ 43

Revenue - Deferred Contract Cos

Revenue - Deferred Contract Costs (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Deferred contract costs, current	$ 36	$ 25	$ 16
Deferred contract costs, non-current	64	37	27
Total deferred contract costs	$ 100	$ 62	$ 43	$ 21

Revenue - Allowance For Credit

Revenue - Allowance For Credit Losses (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Beginning balance	$ 39	$ 13	$ 2
Additions to the provision for expected credit losses	0	37	16
Write-offs charged against the allowance	(19)	(11)	(5)
Ending balance	$ 20	$ 39	$ 13

Acquisitions - Wolt Acquisition

Acquisitions - Wolt Acquisition Narrative (Details) - USD ($) shares in Thousands, $ in Millions		7 Months Ended	12 Months Ended
	May 31, 2022	Dec. 31, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Business Acquisition [Line Items]
Goodwill		$ 2,370	$ 2,370	$ 316	$ 316
Unvested restricted stock units
Business Acquisition [Line Items]
Assumed via acquisition (in shares)			1,396
Unrecognized stock-based compensation expense related to unvested stock options, remaining period for recognition			2 years 11 months 1 day
Wolt Enterprises OY
Business Acquisition [Line Items]
Interests acquired	100%
Acquisition-related costs			$ 48
Assumed via acquisition (in shares)			1,700
Restricted equity interests (in shares)	568
Unrecognized stock-based compensation expense related to unvested stock options, remaining period for recognition			4 years
Goodwill	$ 1,994
Revenue included in consolidated statements of operations		259
Net loss included in consolidated statements of operations		$ 345
Wolt Enterprises OY \| Unvested restricted stock units
Business Acquisition [Line Items]
Assumed via acquisition (in shares)			1,400
Wolt Enterprises OY \| Class A
Business Acquisition [Line Items]
Fair value of shares issued (in shares)	36,000

Acquisitions - Fair Value of Co

Acquisitions - Fair Value of Consideration (Details) - Wolt Enterprises OY $ in Millions	May 31, 2022 USD ($)
Business Acquisition [Line Items]
Total consideration	$ 2,838
Class A
Business Acquisition [Line Items]
DoorDash class a common stock / Stock based compensation awards	2,705
Options, RSUs and Revesting Common Stock
Business Acquisition [Line Items]
DoorDash class a common stock / Stock based compensation awards	$ 133

Acquisitions - Assets Acquired

Acquisitions - Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Millions	Dec. 31, 2022	May 31, 2022	Mar. 01, 2022	Dec. 31, 2021	Dec. 31, 2020
Business Acquisition [Line Items]
Goodwill	$ 2,370			$ 316	$ 316
Total purchase price		$ 2,838
Wolt Enterprises OY
Business Acquisition [Line Items]
Current assets		272
Intangible assets		772
Goodwill		1,994
Other non-current assets		82
Current liabilities		(201)
Deferred tax liability, net		(34)
Other non-current liabilities		$ (47)
Bbot
Business Acquisition [Line Items]
Current assets			$ 11
Intangible assets			18
Goodwill			60
Other non-current liabilities			(1)
Total purchase price			$ 88

Acquisitions - Identifiable Int

Acquisitions - Identifiable Intangible Assets Acquired (Details) - Wolt Enterprises OY $ in Millions	May 31, 2022 USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets	$ 772
Merchant relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life	11 years
Intangible assets	$ 236
Trademark
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life	10 years
Intangible assets	$ 268
Existing technology
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life	6 years
Intangible assets	$ 150
Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life	3 years
Intangible assets	$ 107
Courier relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Useful Life	1 year
Intangible assets	$ 11

Acquisitions - Pro Forma Inform

Acquisitions - Pro Forma Information (Details) - Wolt Enterprises OY - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Revenue	$ 6,734	$ 5,128
Net loss	$ (1,549)	$ (1,039)

Acquisitions - Bbot Acquisition

Acquisitions - Bbot Acquisition Narrative (Details) - Bbot $ in Millions	Mar. 01, 2022 USD ($)
Business Acquisition [Line Items]
Total consideration	$ 88
Consideration recorded in accrued expenses and other current liabilities	$ 9
Existing technology
Business Acquisition [Line Items]
Estimated Useful Life	5 years
Customer relationships
Business Acquisition [Line Items]
Estimated Useful Life	3 years

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets, Net - Goodwill (Details) - USD ($)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill [Roll Forward]
Goodwill, Beginning Balance	$ 316,000,000	$ 316,000,000
Addition	2,054,000,000	0
Goodwill, Ending Balance	2,370,000,000	316,000,000	$ 316,000,000
Impairment charge	$ 0	$ 0	$ 0

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets, Net - Intangible Assets (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 938	$ 132
Accumulated Amortization	(173)	(71)
Net Carrying Value	$ 765	$ 61
Existing technology
Finite-Lived Intangible Assets [Line Items]
Weighted-average Remaining Useful Life (in years)	5 years 3 months 18 days	7 years
Gross Carrying Value	$ 236	$ 71
Accumulated Amortization	(88)	(52)
Net Carrying Value	$ 148	$ 19
Merchant relationships
Finite-Lived Intangible Assets [Line Items]
Weighted-average Remaining Useful Life (in years)	10 years	10 years 9 months 18 days
Gross Carrying Value	$ 294	$ 45
Accumulated Amortization	(26)	(8)
Net Carrying Value	$ 268	37
Courier relationships
Finite-Lived Intangible Assets [Line Items]
Weighted-average Remaining Useful Life (in years)	4 months 24 days
Gross Carrying Value	$ 12	1
Accumulated Amortization	(7)	(1)
Net Carrying Value	$ 5	$ 0
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Weighted-average Remaining Useful Life (in years)	2 years 4 months 24 days	9 months 18 days
Gross Carrying Value	$ 119	$ 9
Accumulated Amortization	(30)	(6)
Net Carrying Value	$ 89	$ 3
Trade name and trademarks
Finite-Lived Intangible Assets [Line Items]
Weighted-average Remaining Useful Life (in years)	9 years 4 months 24 days	9 months 18 days
Gross Carrying Value	$ 277	$ 6
Accumulated Amortization	(22)	(4)
Net Carrying Value	$ 255	$ 2

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets, Net - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangible assets	$ 99	$ 13	$ 51

Goodwill and Intangible Asset_6

Goodwill and Intangible Assets, Net - Future Amortization Expense (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
2023	$ 126
2024	122
2025	97
2026	80
2027	77
Thereafter	263
Net carrying value / total estimated amortization expense	$ 765	$ 61

Fair Value Measures and Discl_2

Fair Value Measures and Disclosures - Financial Instruments at Fair Value (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Short-term marketable securities
Short-term marketable securities	$ 1,544	$ 1,253
Long-term marketable securities
Long-term marketable securities	397	650
U.S. Treasury securities
Cash equivalents
Cash equivalents		50
Short-term marketable securities
Short-term marketable securities	957	670
Long-term marketable securities
Long-term marketable securities	208	487
Commercial paper
Cash equivalents
Cash equivalents	3
Short-term marketable securities
Short-term marketable securities	306	373
Corporate bonds
Short-term marketable securities
Short-term marketable securities	205	141
Long-term marketable securities
Long-term marketable securities	145	114
U.S. government agency securities
Short-term marketable securities
Short-term marketable securities	76	69
Long-term marketable securities
Long-term marketable securities	44	49
Fair Value, Recurring
Long-term marketable securities
Total	2,830	2,497
Fair Value, Recurring \| Money market funds
Cash equivalents
Cash equivalents	886	544
Fair Value, Recurring \| U.S. Treasury securities
Cash equivalents
Cash equivalents		50
Fair Value, Recurring \| Commercial paper
Cash equivalents
Cash equivalents	3
Fair Value, Recurring \| U.S. Treasury securities
Short-term marketable securities
Short-term marketable securities	957	670
Long-term marketable securities
Long-term marketable securities	208	487
Fair Value, Recurring \| Commercial paper
Short-term marketable securities
Short-term marketable securities	306	373
Fair Value, Recurring \| Corporate bonds
Short-term marketable securities
Short-term marketable securities	205	141
Long-term marketable securities
Long-term marketable securities	145	114
Fair Value, Recurring \| U.S. government agency securities
Short-term marketable securities
Short-term marketable securities	76	69
Long-term marketable securities
Long-term marketable securities	44	49
Level 1 \| Fair Value, Recurring
Long-term marketable securities
Total	886	544
Level 1 \| Fair Value, Recurring \| Money market funds
Cash equivalents
Cash equivalents	886	544
Level 1 \| Fair Value, Recurring \| U.S. Treasury securities
Cash equivalents
Cash equivalents		0
Level 1 \| Fair Value, Recurring \| Commercial paper
Cash equivalents
Cash equivalents	0
Level 1 \| Fair Value, Recurring \| U.S. Treasury securities
Short-term marketable securities
Short-term marketable securities	0	0
Long-term marketable securities
Long-term marketable securities	0	0
Level 1 \| Fair Value, Recurring \| Commercial paper
Short-term marketable securities
Short-term marketable securities	0	0
Level 1 \| Fair Value, Recurring \| Corporate bonds
Short-term marketable securities
Short-term marketable securities	0	0
Long-term marketable securities
Long-term marketable securities	0	0
Level 1 \| Fair Value, Recurring \| U.S. government agency securities
Short-term marketable securities
Short-term marketable securities	0	0
Long-term marketable securities
Long-term marketable securities	0	0
Level 2 \| Fair Value, Recurring
Long-term marketable securities
Total	1,944	1,953
Level 2 \| Fair Value, Recurring \| Money market funds
Cash equivalents
Cash equivalents	0	0
Level 2 \| Fair Value, Recurring \| U.S. Treasury securities
Cash equivalents
Cash equivalents		50
Level 2 \| Fair Value, Recurring \| Commercial paper
Cash equivalents
Cash equivalents	3
Level 2 \| Fair Value, Recurring \| U.S. Treasury securities
Short-term marketable securities
Short-term marketable securities	957	670
Long-term marketable securities
Long-term marketable securities	208	487
Level 2 \| Fair Value, Recurring \| Commercial paper
Short-term marketable securities
Short-term marketable securities	306	373
Level 2 \| Fair Value, Recurring \| Corporate bonds
Short-term marketable securities
Short-term marketable securities	205	141
Long-term marketable securities
Long-term marketable securities	145	114
Level 2 \| Fair Value, Recurring \| U.S. government agency securities
Short-term marketable securities
Short-term marketable securities	76	69
Long-term marketable securities
Long-term marketable securities	44	49
Level 3 \| Fair Value, Recurring
Long-term marketable securities
Total	0	0
Level 3 \| Fair Value, Recurring \| Money market funds
Cash equivalents
Cash equivalents	0	0
Level 3 \| Fair Value, Recurring \| U.S. Treasury securities
Cash equivalents
Cash equivalents		0
Level 3 \| Fair Value, Recurring \| Commercial paper
Cash equivalents
Cash equivalents	0
Level 3 \| Fair Value, Recurring \| U.S. Treasury securities
Short-term marketable securities
Short-term marketable securities	0	0
Long-term marketable securities
Long-term marketable securities	0	0
Level 3 \| Fair Value, Recurring \| Commercial paper
Short-term marketable securities
Short-term marketable securities	0	0
Level 3 \| Fair Value, Recurring \| Corporate bonds
Short-term marketable securities
Short-term marketable securities	0	0
Long-term marketable securities
Long-term marketable securities	0	0
Level 3 \| Fair Value, Recurring \| U.S. government agency securities
Short-term marketable securities
Short-term marketable securities	0	0
Long-term marketable securities
Long-term marketable securities	$ 0	$ 0

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Non-marketable equity securities	$ 124	$ 409
Fair Value, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Non-marketable equity securities	18	$ 409
Grocery Delivery Platform Company \| Fair Value, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Non-marketable equity securities	$ 395

Fair Value Measurements - Signi

Fair Value Measurements - Significant Unobservable Inputs (Details)	12 Months Ended
	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Estimated duration used in the OPM	3 years
Measurement Input, Option Volatility
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Volatility	60%

Fair Value Measurements - Carry

Fair Value Measurements - Carrying Value of our Non-Marketable Equity Securities (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Initial cost basis	$ 427	$ 409
Upward adjustments	9	0
Downward adjustments (including impairment)	(312)	0
Total carrying value at the end of reporting period	$ 124	$ 409

Balance Sheet Components - Cash

Balance Sheet Components - Cash Equivalents and Marketable Securities (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash equivalents
Cash equivalents, cost or amortized cost	$ 1,977	$ 2,504	$ 4,345
Short-term marketable securities
Short-term marketable securities, estimated fair value	1,544	1,253
Long-term marketable securities
Long-term marketable securities, estimated fair value	397	650
Total	2,850	2,501
Total, unrealized gains	0	0
Total, unrealized losses	(20)	(4)
Total, estimated fair value	2,830	2,497
Money market funds
Cash equivalents
Cash equivalents, cost or amortized cost	886	544
Cash equivalents, unrealized gain	0	0
Cash equivalents paper, unrealized loss	0	0
Cash equivalents, estimated fair value	886	544
U.S. Treasury securities
Cash equivalents
Cash equivalents, cost or amortized cost		50
Cash equivalents, unrealized gain		0
Cash equivalents paper, unrealized loss		0
Cash equivalents, estimated fair value		50
Short-term marketable securities
Short-term marketable securities, cost or amortized cost	970	671
Short-term marketable securities, unrealized gains	0	0
Short-term marketable securities, unrealized losses	(13)	(1)
Short-term marketable securities, estimated fair value	957	670
Long-term marketable securities
Long-term marketable securities, cost or amortized cost	210	489
Long-term marketable securities, unrealized gains	0	0
Long-term marketable securities, unrealized losses	(2)	(2)
Long-term marketable securities, estimated fair value	208	487
Commercial paper
Cash equivalents
Cash equivalents, cost or amortized cost	3
Cash equivalents, unrealized gain	0
Cash equivalents paper, unrealized loss	0
Cash equivalents, estimated fair value	3
Short-term marketable securities
Short-term marketable securities, cost or amortized cost	306	373
Short-term marketable securities, unrealized gains	0	0
Short-term marketable securities, unrealized losses	0	0
Short-term marketable securities, estimated fair value	306	373
Corporate bonds
Short-term marketable securities
Short-term marketable securities, cost or amortized cost	207	141
Short-term marketable securities, unrealized gains	0	0
Short-term marketable securities, unrealized losses	(2)	0
Short-term marketable securities, estimated fair value	205	141
Long-term marketable securities
Long-term marketable securities, cost or amortized cost	146	115
Long-term marketable securities, unrealized gains	0	0
Long-term marketable securities, unrealized losses	(1)	(1)
Long-term marketable securities, estimated fair value	145	114
U.S. government agency securities
Short-term marketable securities
Short-term marketable securities, cost or amortized cost	78	69
Short-term marketable securities, unrealized gains	0	0
Short-term marketable securities, unrealized losses	(2)	0
Short-term marketable securities, estimated fair value	76	69
Long-term marketable securities
Long-term marketable securities, cost or amortized cost	44	49
Long-term marketable securities, unrealized gains	0	0
Long-term marketable securities, unrealized losses	0	0
Long-term marketable securities, estimated fair value	$ 44	$ 49

Balance Sheet Components - Prop

Balance Sheet Components - Property and Equipment, Net (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Total	$ 1,105	$ 649
Less: Accumulated depreciation and amortization	(468)	(247)
Property and equipment, net	637	402
Depreciation expense	113	80	$ 52
Capitalized software and website development costs	303	202	61
Amortization of capitalized software and website development costs	157	63	$ 17
Equipment for merchants
Property, Plant and Equipment [Line Items]
Total	156	160
Computer equipment and software
Property, Plant and Equipment [Line Items]
Total	68	47
Capitalized software and website development costs
Property, Plant and Equipment [Line Items]
Total	591	288
Leasehold improvements
Property, Plant and Equipment [Line Items]
Total	164	98
Office equipment
Property, Plant and Equipment [Line Items]
Total	52	25
Construction in progress
Property, Plant and Equipment [Line Items]
Total	$ 74	$ 31

Balance Sheet Components - Accr

Balance Sheet Components - Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Balance Sheet Related Disclosures [Abstract]
Litigation reserves	$ 37	$ 107
Sales tax payable and accrued sales and indirect taxes	194	167
Accrued operations related expenses	220	217
Accrued advertising	124	102
Dasher and merchant payable	702	424
Insurance reserves	418	143
Contract liabilities	251	183
Other	386	230
Total	$ 2,332	$ 1,573

Leases (Details)

Leases (Details) - USD ($) $ in Millions	12 Months Ended
Leases (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Rent expense, net of sublease income	$ 86	$ 66	$ 46
Leases not yet commenced	21	$ 19
Future minimum sublease	$ 8

Leases - Components of Lease Co

Leases - Components of Lease Cost (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Operating lease cost	$ 81	$ 52	$ 40
Short-term lease cost	9	17	11
Sublease income	(4)	(3)	(5)
Total lease cost	$ 86	$ 66	$ 46
Weighted-average remaining lease term (in years)	8 years 29 days	9 years 9 months 7 days
Weighted average discount rate (percent)	6.39%	6.81%
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for operating leases	$ 75	$ 46
ROU assets obtained in exchange for new lease liabilities
Operating leases	$ 154	$ 164

Leases - Future Minimum Lease P

Leases - Future Minimum Lease Payments under Operating Leases (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
2023	$ 96
2024	98
2025	91
2026	84
2026	63
Thereafter	274
Total future minimum lease payments	706
Less: Lease not commenced	(21)	$ (19)
Less: Imputed interest	(157)
Less: Tenant improvement receivable	(17)
Present value of future minimum lease payments	$ 511

Promissory Notes (Details)

Promissory Notes (Details) - USD ($)	1 Months Ended		12 Months Ended
Promissory Notes (Details) - USD ($)	Feb. 28, 2021	Feb. 29, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Proceeds from issuance of convertible notes, net of issuance costs			$ 0	$ 0	$ 333,000,000
Outstanding principal and accrued interest repaid	$ 375,000,000
2020 Convertible Promissory Notes \| Convertible Promissory Notes
Debt Instrument [Line Items]
Debt issued		$ 340,000,000
Proceeds from issuance of convertible notes, net of issuance costs		333,000,000
Debt issuance costs		2,000,000
Original issue discount		$ 5,000,000
Stated interest rate (percent)		10%

Commitment and Contingencies (D

Commitment and Contingencies (Details) - USD ($) $ in Millions	1 Months Ended
	Jan. 31, 2022	Dec. 31, 2022	Dec. 31, 2021
Loss Contingencies [Line Items]
Indemnification liability		$ 0	$ 0
Dasher California and Massachusetts Actions
Loss Contingencies [Line Items]
Litigation settlement	$ 100

Commitment and Contingencies -

Commitment and Contingencies - Noncancelable Purchase Commitments (Details) $ in Millions	Dec. 31, 2022 USD ($)
Commitments and Contingencies Disclosure [Abstract]
2023	$ 172
2024	101
2025	9
Total future minimum payments	$ 282

Commitment and Contingencies _2

Commitment and Contingencies - Credit Agreements (Details) - USD ($)	1 Months Ended	12 Months Ended
	Nov. 30, 2019	Dec. 31, 2022	Dec. 31, 2021	Aug. 31, 2020
Line of Credit Facility [Line Items]
Letters of credit outstanding		$ 132,000,000	$ 60,000,000
Revolving Credit Facility \| Unsecured Revolving Credit Facility Maturing November 19, 2024
Line of Credit Facility [Line Items]
Revolving credit facility, maximum borrowing capacity	$ 300,000,000
Unused commitment fee (percent)	0.10%
Revolving Credit Facility \| Unsecured Revolving Credit Facility Maturing November 19, 2024 \| Higher of Federal Funds Rate or Composite Overnight Bank Borrowing Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)	0.50%
Revolving Credit Facility \| Unsecured Revolving Credit Facility Maturing November 19, 2024 \| Adjusted One-month LIBOR
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)	1%
Revolving Credit Facility \| Unsecured Revolving Credit Facility Maturing November 19, 2024 \| Adjusted LIBOR
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)	1%
Revolving Credit Facility \| Amended and Restated Revolving Credit and Guaranty Agreement Maturing August 7, 2025
Line of Credit Facility [Line Items]
Revolving credit facility, maximum borrowing capacity				$ 400,000,000
Incremental revolving loan commitments				$ 100,000,000
Drawn from the revolving credit facility		0	0
Letters of credit outstanding		$ 99,000,000	$ 39,000,000

Redeemable Convertible Prefer_3

Redeemable Convertible Preferred Stock (Details) - USD ($) $ / shares in Units, $ in Millions			1 Months Ended
	Dec. 09, 2020	Dec. 08, 2020	Jun. 30, 2020	Dec. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020	Dec. 31, 2019
Class A common stock
Class of Stock [Line Items]
Conversion of redeemable convertible preferred stock to common stock in connection with initial public offering (shares)	285,000,000	239,269,631
Redeemable Convertible Preferred Stock
Redeemable Convertible Preferred Stock [Abstract]
Shares Authorized		240,018,000
Shares Issued		238,983,000		0	0		0
Shares Outstanding		238,983,000		0	0		0	230,667,000
Aggregate Liquidation Preference		$ 2,579
Carrying Value		$ 2,646		$ 0	$ 0		$ 0	$ 2,264
Series A-1 redeemable convertible preferred stock
Redeemable Convertible Preferred Stock [Abstract]
Shares Authorized		13,330,000
Shares Issued		13,330,000
Shares Outstanding		13,330,000
Shares issued, price per share (in USD)		$ 0.15
Per Share Conversion Price		$ 0.15
Aggregate Liquidation Preference		$ 2
Carrying Value		$ 7
Series A redeemable convertible preferred stock
Redeemable Convertible Preferred Stock [Abstract]
Shares Authorized		27,159,000
Shares Issued		27,159,000
Shares Outstanding		27,159,000
Shares issued, price per share (in USD)		$ 0.73
Per Share Conversion Price		$ 0.73
Aggregate Liquidation Preference		$ 20
Carrying Value		$ 20
Series B redeemable convertible preferred stock
Redeemable Convertible Preferred Stock [Abstract]
Shares Authorized		7,925,000
Shares Issued		7,925,000
Shares Outstanding		7,925,000
Shares issued, price per share (in USD)		$ 5.68
Per Share Conversion Price		$ 5.48
Aggregate Liquidation Preference		$ 45
Carrying Value		$ 45
Series C redeemable convertible preferred stock
Redeemable Convertible Preferred Stock [Abstract]
Shares Authorized		26,839,000
Shares Issued		26,839,000
Shares Outstanding		26,839,000
Shares issued, price per share (in USD)		$ 4.79
Per Share Conversion Price		$ 4.79
Aggregate Liquidation Preference		$ 128
Carrying Value		$ 128
Series D redeemable convertible preferred stock
Redeemable Convertible Preferred Stock [Abstract]
Shares Authorized		98,008,000
Shares Issued		98,008,000
Shares Outstanding		98,008,000
Shares issued, price per share (in USD)	$ 5.50688	$ 5.51
Per Share Conversion Price		$ 5.51
Aggregate Liquidation Preference		$ 540
Carrying Value		$ 535
Shares issued via conversion of convertible promissory notes issued in 2017 (in USD)	$ 4.78778
Series E redeemable convertible preferred stock
Redeemable Convertible Preferred Stock [Abstract]
Shares Authorized		18,055,000
Shares Issued		18,055,000
Shares Outstanding		18,055,000
Shares issued, price per share (in USD)		$ 13.85
Per Share Conversion Price		$ 13.85
Aggregate Liquidation Preference		$ 250
Carrying Value		$ 250
Series F redeemable convertible preferred stock
Class of Stock [Line Items]
Gross proceeds from sale of shares			$ 382
Redeemable Convertible Preferred Stock [Abstract]
Shares Authorized		18,186,000
Shares Issued		18,186,000
Shares Outstanding		18,186,000
Shares issued, price per share (in USD)		$ 22.48
Per Share Conversion Price		$ 22.48
Aggregate Liquidation Preference		$ 409
Carrying Value		$ 476
Series G redeemable convertible preferred stock
Redeemable Convertible Preferred Stock [Abstract]
Shares Authorized		21,165,000
Shares Issued		21,165,000
Shares Outstanding		21,165,000
Shares issued, price per share (in USD)		$ 37.94
Per Share Conversion Price		$ 37.94
Aggregate Liquidation Preference		$ 803
Carrying Value		$ 803
Series H redeemable convertible preferred stock
Class of Stock [Line Items]
Number of preferred shares issued in subsequent transaction (in shares)			8,321,395
Sale of stock, price per share (in USD)						$ 45.9062
Redeemable Convertible Preferred Stock [Abstract]
Shares Authorized		9,351,000
Shares Issued		8,316,000
Shares Outstanding		8,316,000
Shares issued, price per share (in USD)		$ 45.91
Per Share Conversion Price		$ 45.91
Aggregate Liquidation Preference		$ 382
Carrying Value		$ 382

Common Stock - Additional Infor

Common Stock - Additional Information (Details) $ / shares in Units, $ in Millions				1 Months Ended	3 Months Ended	12 Months Ended
	Jan. 01, 2021 shares	Dec. 09, 2020 USD ($)	Dec. 08, 2020 day	Nov. 30, 2020	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) shares	Dec. 31, 2020 USD ($)	May 31, 2022 USD ($) shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock repurchase program, authorized amount \| $									$ 400
Repurchase and retirement of stock (shares)					5,600,000
Weighted average price of shares purchased \| $ / shares					$ 71.84	$ 71.84
Common stock reserved for future issuance on an as-converted basis (in shares)					107,646,000	107,646,000	95,366,000		9,760,000
Stock-based compensation expense \| $						$ 889	$ 486	$ 322
Options granted (in shares)						0
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock reserved for future issuance on an as-converted basis (in shares)					16,021,000	16,021,000	19,115,000
Unrecognized stock-based compensation expense related to unvested stock options \| $					$ 12	$ 12
Unrecognized stock-based compensation expense related to unvested stock options, remaining period for recognition						2 years 9 months 7 days
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period						4 years
Common stock reserved for future issuance on an as-converted basis (in shares)					45,131,000	45,131,000	27,556,000
Stock-based compensation expense \| $		$ 279
Unrecognized stock-based compensation expense related to unvested stock options \| $					$ 2,600	$ 2,600
Unrecognized stock-based compensation expense related to unvested stock options, remaining period for recognition						2 years 11 months 1 day
RSUs \| Service-based Vesting Condition
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period				4 years		4 years
2014 Stock Option Plan \| Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period						4 years
Option term						10 years
Option grant price as percent of fair value of stock price (not less than)					100%	100%
2014 Stock Option Plan \| Incentive Stock Option Grant to a Greater than 10% Stockholder
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option term						5 years
Option grant price as percent of fair value of stock price (not less than)					110%	110%
2020 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of business days prior to effective date of registration statement that the 2020 Plan became effective \| day			1
2020 Equity Incentive Plan \| Class A
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Additional shares authorized (in shares)	32,493,000
Percent of outstanding shares	5%
2020 Equity Incentive Plan \| Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period						4 years
Option term						10 years
Option grant price as percent of fair value of stock price (not less than)					100%	100%
2020 Equity Incentive Plan \| Incentive Stock Option Grant to a Greater than 10% Stockholder
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option term						5 years
Option grant price as percent of fair value of stock price (not less than)					110%	110%

Common Stock - Restricted Stock

Common Stock - Restricted Stock (Details) shares in Thousands	12 Months Ended
	Dec. 31, 2022 $ / shares shares
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Derived service period of award	4 years
Number of Shares
Unvested units, beginning balance (in shares)	0
Grants (in shares)	568
Vested (in shares)	(93)
Forfeited (in shares)	(3)
Unvested units, ending balance (in shares)	472
Weighted- Average Grant Date Fair Value
Grants (in dollars per share) \| $ / shares	$ 76.91
Vested (in dollars per share) \| $ / shares	76.91
Forfeited (in dollars per share) \| $ / shares	$ 76.91
Unvested restricted stock units
Number of Shares
Unvested units, beginning balance (in shares)	27,518
Grants (in shares)	29,647
Vested (in shares)	(316)
Forfeited (in shares)	(3,442)
Unvested units, ending balance (in shares)	44,805
Weighted- Average Grant Date Fair Value
Grants (in dollars per share) \| $ / shares	$ 74.03
Vested (in dollars per share) \| $ / shares	83.02
Forfeited (in dollars per share) \| $ / shares	$ 113.80

Common Stock - Reserved for Fut

Common Stock - Reserved for Future Issuance (Details) - shares	Dec. 31, 2022	May 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock reserved for future issuance on an as-converted basis (in shares)	107,646,000	9,760,000	95,366,000
Stock options issued and outstanding under the 2014 Plan and Inducement Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock reserved for future issuance on an as-converted basis (in shares)	16,021,000		19,115,000
RSUs outstanding under the 2014 Plan, 2020 Plan and Inducement Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock reserved for future issuance on an as-converted basis (in shares)	45,131,000		27,556,000
Remaining shares available for future issuance
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock reserved for future issuance on an as-converted basis (in shares)	39,995,000		42,196,000
Shares available for issuance under the 2020 Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock reserved for future issuance on an as-converted basis (in shares)	6,499,000		6,499,000

Common Stock - CEO Performance

Common Stock - CEO Performance Awards (Details) $ / shares in Units, $ in Millions		1 Months Ended	12 Months Ended
	Dec. 09, 2020 USD ($)	Nov. 30, 2020 USD ($) tranche employee $ / shares shares	Dec. 31, 2022 USD ($) $ / shares shares	Dec. 31, 2021 USD ($) shares	Dec. 31, 2020 USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense \| $			$ 889	$ 486	$ 322
CEO Performance Award \| 2014 Equity Incentive Plan \| Chief Executive Officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants (in shares) \| shares		10,379,000
Award vesting period		18 months
Award contractual term		7 years
Number of vesting tranches \| tranche		9
Number of consecutive trading days included in stock target price measurement period \| employee		180
Grants (in dollars per share)		$ 39.8275
Stock compensation expense to be recognized over the derived service period of each tranche \| $			177
Stock-based compensation expense \| $			$ 112	$ 112	$ 12
CEO Performance Award \| 2014 Equity Incentive Plan \| Chief Executive Officer \| Tranche 1
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Company stock price target (in dollars per share)		$ 187.60
Number of RSUs eligible to vest (in shares) \| shares		518,950
CEO Performance Award \| 2014 Equity Incentive Plan \| Chief Executive Officer \| Tranche 2
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Company stock price target (in dollars per share)		$ 226.80
Number of RSUs eligible to vest (in shares) \| shares		518,950
CEO Performance Award \| 2014 Equity Incentive Plan \| Chief Executive Officer \| Tranche 3
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Company stock price target (in dollars per share)		$ 265.80
Number of RSUs eligible to vest (in shares) \| shares		1,037,900
CEO Performance Award \| 2014 Equity Incentive Plan \| Chief Executive Officer \| Tranche 4
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Company stock price target (in dollars per share)		$ 305
Number of RSUs eligible to vest (in shares) \| shares		1,037,900
CEO Performance Award \| 2014 Equity Incentive Plan \| Chief Executive Officer \| Tranche 5
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Company stock price target (in dollars per share)		$ 344
Number of RSUs eligible to vest (in shares) \| shares		1,037,900
CEO Performance Award \| 2014 Equity Incentive Plan \| Chief Executive Officer \| Tranche 6
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Company stock price target (in dollars per share)		$ 383
Number of RSUs eligible to vest (in shares) \| shares		1,556,850
CEO Performance Award \| 2014 Equity Incentive Plan \| Chief Executive Officer \| Tranche 7
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Company stock price target (in dollars per share)		$ 422.20
Number of RSUs eligible to vest (in shares) \| shares		1,556,850
CEO Performance Award \| 2014 Equity Incentive Plan \| Chief Executive Officer \| Tranche 8
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Company stock price target (in dollars per share)		$ 461.20
Number of RSUs eligible to vest (in shares) \| shares		1,556,850
CEO Performance Award \| 2014 Equity Incentive Plan \| Chief Executive Officer \| Tranche 9
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Company stock price target (in dollars per share)		$ 501
Number of RSUs eligible to vest (in shares) \| shares		1,556,850
CEO Performance Award \| 2014 Equity Incentive Plan \| Chief Executive Officer \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Company stock price target (in dollars per share)		$ 187.60
Derived service period of award		2 years 6 months 10 days
CEO Performance Award \| 2014 Equity Incentive Plan \| Chief Executive Officer \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Company stock price target (in dollars per share)		$ 501
Derived service period of award		4 years 5 months 1 day
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grants (in shares) \| shares			29,647,000
Award vesting period			4 years
Number of RSUs eligible to vest (in shares) \| shares			44,805,000	27,518,000
Grants (in dollars per share)			$ 74.03
Stock compensation expense to be recognized over the derived service period of each tranche \| $			$ 2,600
Stock-based compensation expense \| $	$ 279
Unrecognized stock-based compensation, remaining period for recognition			2 years 11 months 1 day
RSUs \| Chief Executive Officer
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Aggregate grant date fair value \| $		$ 413

Common Stock - Options Outstand

Common Stock - Options Outstanding (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares subject to options outstanding (in shares)	16,021	19,115
Shares subject to options outstanding, weighted-average exercise price (in dollars per share)	$ 2.84	$ 2.60
Options outstanding, weighted-average remaining contractual term (in years)	3 years 5 months 23 days	4 years 7 months 2 days
Options outstanding, aggregate instrinsic value	$ 737	$ 2,797
Shares assumed via acquisition (in shares)	1,710
Assumed (in dollars per share)	$ 4.11
Options granted (in shares)	0
Options granted (in dollars per share)	$ 0
Issuance of common stock upon exercise of stock options (shares)	(4,780)
Options exercised (in dollars per share)	$ 2.30
Options exercised, aggregate intrinsic value	$ 451	$ 2,300	$ 129
Options forfeited (in shares)	(24)
Options forfeited (in dollars per share)	$ 4.09
Exercisable (in shares)	15,676
Exercisable (in dollars per share)	$ 2.80
Exercisable, weighted-average remaining contractual term (in years)	3 years 5 months 19 days
Exercisable, aggregate intrinsic value	$ 721
Vested and expected to vest (in shares)	16,021
Vested and expected to vest (in dollars per share)	$ 2.84
Vested and expected to vest, weighted-average remaining contractual term (in years)	3 years 5 months 23 days
Vested and expected to vest, aggregate intrinsic value	$ 737
Weighted average fair value of stock assumed via acquisition (in dollars per shares)	$ 72.99
Options granted, weighted-average grant date fair value (in dollars per share)	0	$ 0	$ 0
Unvested restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Assumed (in dollars per share)	$ 76.91

Common Stock - Restricted Sto_2

Common Stock - Restricted Stock unit Activity (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Weighted- Average Grant Date Fair Value
Assumed (in dollars per share)	$ 4.11
Unvested restricted stock units
Number of Shares
Unvested units, beginning balance (in shares)	27,518
Assumed via acquisition (in shares)	1,396
Stock units granted (in shares)	(29,647)
Vested (in shares)	(316)
Vested and settled (in shares)	(9,998)
Restricted stock units forfeited (in shares)	(3,442)
Unvested units, ending balance (in shares)	44,805	27,518
Weighted- Average Grant Date Fair Value
Assumed (in dollars per share)	$ 76.91
Grants (in dollars per share)	74.03
Vested (in dollars per share)	83.02
Vested and settled (in dollars per share)	81.06
Forfeited (in dollars per share)	$ 113.80
Aggregate intrinsic value	$ 2,167	$ 4,097
Grants in period and assumed via acquisition (in dollars per share)	$ 74.16	$ 170.42	$ 56.27

Common Stock - Assumptions Used

Common Stock - Assumptions Used to Estimate Fair Value of Stock Options (Details)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Equity [Abstract]
Expected volatility	69.13%	0%	0%
Risk-free rate	2.29%	0%	0%
Dividend yield	0%	0%	0%
Expected term (in years)	1 year 8 months 8 days

Common Stock - Stock-based Comp

Common Stock - Stock-based Compensation Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	$ 889	$ 486	$ 322
Cost of revenue, exclusive of depreciation and amortization
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	102	46	31
Sales and marketing
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	98	52	37
Research and development
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	365	182	171
General and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	313	206	83
Restructuring charges
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense	$ 11	$ 0	$ 0

Common Stock - Employee Stock P

Common Stock - Employee Stock Purchase Plan (Details)	Jan. 01, 2021 shares	Dec. 31, 2022 purchasePeriod shares	May 31, 2022 shares	Dec. 31, 2021 purchasePeriod shares	Dec. 08, 2020 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock reserved for sales under the ESPP (in shares)		107,646,000	9,760,000	95,366,000
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of open purchase periods under the ESPP \| purchasePeriod		0		0
2020 Employee Stock Purchase Plan \| Class A \| Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock reserved for sales under the ESPP (in shares)					6,498,600
Additional shares authorized (in shares)	6,498,600
Percent of outstanding shares	1.50%

Income Taxes - Components of Co

Income Taxes - Components of Consolidated Income (Loss) before Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
United States	$ (991)	$ (461)	$ (463)
Foreign	(408)	(2)	5
Loss before income taxes	(1,399)	(463)	(458)
Provision for (benefit from) income taxes	$ (31)	$ 5	$ 3

Income Taxes - The Components o

Income Taxes - The Components of the Provision for (Benefit From) Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Current
Current tax expenses	$ 4	$ 4	$ 3
Deferred
Deferred tax expense (benefit)	(35)	1	0
Total provision for (benefit from) income taxes	(31)	5	3
Federal
Current
Current tax expenses	0	0	0
Deferred
Deferred tax expense (benefit)	0	1	(1)
State
Current
Current tax expenses	0	3	3
Deferred
Deferred tax expense (benefit)	1	1	0
Foreign
Current
Current tax expenses	4	1	0
Deferred
Deferred tax expense (benefit)	$ (36)	$ (1)	$ 1

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Federal Income Tax Rate (Details)	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Federal tax at statutory rate	21%	21%	21%
State tax, net of federal benefit	3%	4%	3%
Change in valuation allowance	(18.00%)	(225.00%)	(21.00%)
Stock-based compensation	(1.00%)	155%	(2.00%)
Research and development credits	(2.00%)	46%	3%
Non-deductible expenses	(1.00%)	(1.00%)	(3.00%)
Non-deductible interest expenses	0%	(1.00%)	(2.00%)
Worthless stock deduction	1%	0%	0%
Other	(1.00%)	0%	0%
Benefit from (provision for) income taxes	2%	(1.00%)	(1.00%)

Income Taxes - Deferred Tax Ass

Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Deferred tax assets
Accruals and reserves	$ 132	$ 104
Stock-based compensation	74	36
Tax credits carryforward	209	237
Operating lease liabilities	115	101
Capitalized research and development	619	0
Net operating loss carryforward	660	1,050
Other	88	0
Total gross deferred tax assets	1,897	1,528
Less: Valuation allowance	(1,655)	(1,398)
Total deferred tax assets net of valuation allowance	242	130
Deferred tax liabilities
Property and equipment and intangible assets	(134)	(36)
ROU assets	(94)	(83)
Deferred contract costs	(17)	(15)
Total gross deferred tax liabilities	(245)	(134)
Other Liabilities
Deferred tax liabilities
Net deferred tax liabilities	$ (3)	$ (4)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating Loss Carryforwards [Line Items]
Increase (decrease) in operating loss carryforwards	$ (2,400)
Increase in valuation allowance	257	$ 1,000	$ 97
Federal net operating loss carryforward	2,100
State net operating loss carryforward	1,600
Net operating loss carryforward	660	$ 1,050
California \| Research and Development Tax Credit Carryforward
Operating Loss Carryforwards [Line Items]
Tax credit carryforwards	102
Federal
Operating Loss Carryforwards [Line Items]
Federal net operating loss carryforward	2,100
Federal net operating loss carryforward not subject to expiration	2,000
Federal \| Research and Development Tax Credit Carryforward
Operating Loss Carryforwards [Line Items]
Tax credit carryforwards	181
Foreign
Operating Loss Carryforwards [Line Items]
Net operating loss carryforward	692
State
Operating Loss Carryforwards [Line Items]
State net operating loss carryforward	1,600
Federal net operating loss carryforward not subject to expiration	$ 342

Income Taxes - Unrecognized Tax

Income Taxes - Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Unrecognized tax benefits that, if recognized, would result in adjustments to the valuation allowance	$ 69
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Unrecognized tax benefits at beginning of year	69	$ 7	$ 7
Increases related to current year tax positions	19	62	3
Decreases related to prior year tax positions	(19)	0	(3)
Unrecognized tax benefits at end of year	$ 69	$ 69	$ 7

Net Loss per Share Attributab_3

Net Loss per Share Attributable to DoorDash, Inc. Common Stockholders (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Class of Stock [Line Items]
Net loss including redeemable non-controlling interests	$ (1,368)	$ (468)	$ (461)
Less: net loss attributable to redeemable non-controlling interests, net of tax	(3)	0	0
Net loss attributable to DoorDash, Inc. common stockholders	$ (1,365)	$ (468)	$ (461)
Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, diluted (in shares)	371,413	336,847	62,390
Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, basic (in shares)	371,413	336,847	62,390
Net loss per share attributable to common stockholders, diluted (in shares)	$ (3.68)	$ (1.39)	$ (7.39)
Net loss per share attributable to common stockholders, basic (in shares)	$ (3.68)	$ (1.39)	$ (7.39)
Common Stock \| Class A
Class of Stock [Line Items]
Net loss including redeemable non-controlling interests	$ (1,260)	$ (424)	$ (446)
Less: net loss attributable to redeemable non-controlling interests, net of tax	(3)	0	0
Net loss attributable to DoorDash, Inc. common stockholders	$ (1,257)	$ (424)	$ (446)
Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, diluted (in shares)	342,015	305,500	60,422
Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, basic (in shares)	342,015	305,500	60,422
Net loss per share attributable to common stockholders, diluted (in shares)	$ (3.68)	$ (1.39)	$ (7.39)
Net loss per share attributable to common stockholders, basic (in shares)	$ (3.68)	$ (1.39)	$ (7.39)
Common Stock \| Class B
Class of Stock [Line Items]
Net loss including redeemable non-controlling interests	$ (108)	$ (44)	$ (15)
Less: net loss attributable to redeemable non-controlling interests, net of tax	0	0	0
Net loss attributable to DoorDash, Inc. common stockholders	$ (108)	$ (44)	$ (15)
Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, diluted (in shares)	29,398	31,347	1,968
Weighted-average number of shares outstanding used to compute net loss per share attributable to common stockholders, basic (in shares)	29,398	31,347	1,968
Net loss per share attributable to common stockholders, diluted (in shares)	$ (3.68)	$ (1.39)	$ (7.39)
Net loss per share attributable to common stockholders, basic (in shares)	$ (3.68)	$ (1.39)	$ (7.39)

Net Loss per Share Attributab_4

Net Loss per Share Attributable to DoorDash, Inc. Common Stockholders - Antidilutive Securities (Details) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential dilutive securities (shares)	63,205	46,633	64,763
Stock options to purchase common stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential dilutive securities (shares)	16,021	19,115	33,802
Unvested restricted stock and restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential dilutive securities (shares)	45,172	27,518	28,366
Convertible promissory notes
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential dilutive securities (shares)	0	0	2,595
Escrow shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential dilutive securities (shares)	2,012	0	0

Variable Interest Entities -Nar

Variable Interest Entities -Narrative (Details) $ in Millions, $ in Millions		12 Months Ended
	Jul. 01, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Jul. 01, 2022 CAD ($)	Dec. 31, 2019 USD ($)
Entity Information [Line Items]
Other commitment	$ 74	$ 32			$ 98
Other commitment, period	3 years
Payments for contribution to other commitment					$ 41
Assets		9,789	$ 6,809
Liabilities		3,021	2,142
Redeemable non-controlling interests		14	0	$ 0		$ 0
Less: net loss attributable to redeemable non-controlling interests, net of tax		(3)	$ 0	$ 0
Variable Interest Entity, Primary Beneficiary
Entity Information [Line Items]
Assets		68
Liabilities		$ 17

Restructuring - Narrative (Deta

Restructuring - Narrative (Details) $ in Millions		12 Months Ended
Restructuring - Narrative (Details) $ in Millions	Nov. 30, 2022 position	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Reclassification [Line Items]
Restructuring charges		$ 92	$ 0	$ 0
2022 Restructuring Plan
Reclassification [Line Items]
Number of positions eliminated \| position	1,250
Percent of positions eliminated	7%
Expected cost		82
Restructuring charges		82
Severance Costs		68
Other 2022 Restructuring Activities
Reclassification [Line Items]
Other restructuring costs (reversal)		10
Employee Severance, Stock-based Compensation \| 2022 Restructuring Plan
Reclassification [Line Items]
Other restructuring costs (reversal)		17
Employee Severance, Reversal of Stock-based Compensation Expenses \| 2022 Restructuring Plan
Reclassification [Line Items]
Other restructuring costs (reversal)		(6)
Employee Severance, Accelerated Prepaid Compensation Expense \| 2022 Restructuring Plan
Reclassification [Line Items]
Other restructuring costs (reversal)		$ 3

Restructuring - Accrued Restruc

Restructuring - Accrued Restructuring (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Restructuring Reserve [Roll Forward]
Restructuring charges	$ 92	$ 0	$ 0
2022 Restructuring Plan
Restructuring Reserve [Roll Forward]
Restructuring Reserve	51	$ 0
Restructuring charges	82
Cash payments	(17)
Non-cash settlements and other adjustments	$ 14

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ in Millions	Feb. 24, 2023	May 31, 2022
Subsequent Event [Line Items]
Stock repurchase program, authorized amount		$ 400
Subsequent Event
Subsequent Event [Line Items]
Stock repurchase program, authorized amount	$ 750