v3.24.0.1
Acquisitions (Tables)
12 Months Ended
Dec. 31, 2023
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 services133
Total consideration$2,838 
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the fair values of the assets acquired and liabilities assumed as of the acquisition date (in millions):
May 31, 2022
Current assets$272 
Intangible assets772 
Goodwill1,997 
Other non-current assets82 
Current liabilities(204)
Deferred tax liability, net(34)
Other non-current liabilities(47)
Total purchase price$2,838 
The following table summarizes the fair values of the assets acquired and liabilities assumed as of the acquisition date (in millions):
March 1, 2022
Current assets$11 
Intangible assets18 
Goodwill60 
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 LifeMay 31, 2022
Merchant relationships11$236 
Trademark10268 
Existing technology6150 
Customer relationships3107 
Courier relationships111 
Total acquired intangible assets$772 
Pro Forma Information The unaudited pro forma results were as follows (in millions):
Year Ended December 31,
20212022
Revenue$5,128 $6,734 
Net loss$(1,039)$(1,549)