DoorDash (DASH) 10-Q 14 May 21 2021 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Mar. 31, 2021	Apr. 30, 2021
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2021
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 Current Reporting Status	No
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Central Index Key	0001792789
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Class A Common Stock
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		294,582,450
Class B Common Stock
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		31,255,404
Class C Common Stock
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		0

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (unaudited) (Statement) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 4,007	$ 4,345
Marketable securities	467	514
Funds held at payment processors	127	146
Accounts receivable, net	282	291
Prepaid expenses and other current assets	142	221
Total current assets	5,025	5,517
Property and equipment, net	250	210
Operating lease right-of-use assets	206	203
Goodwill	316	316
Intangible assets, net	70	74
Other assets	35	33
Total assets	5,902	6,353
Current liabilities:
Accounts payable	75	80
Operating lease liabilities	19	15
Convertible notes	0	364
Accrued expenses and other current liabilities	1,000	943
Total current liabilities	1,094	1,402
Operating lease liabilities	240	238
Other liabilities	13	13
Total liabilities	1,347	1,653
Commitments and contingencies (Note 8)
Stockholders’ equity:
Common stock, par value, Class A, Class B and Class C shares authorized, issued and outstanding	0	0
Additional paid-in capital	6,278	6,313
Accumulated deficit	(1,723)	(1,613)
Total stockholders’ equity	4,555	4,700
Total liabilities, redeemable convertible preferred stock, and stockholders’ equity	$ 5,902	$ 6,353

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (unaudited) (Parenthetical) - $ / shares	Mar. 31, 2021	Dec. 31, 2020
Class of Stock [Line Items]
Common stock, par value ($ per share)	$ 0.00001	$ 0.00001
Class A Common Stock
Class of Stock [Line Items]
Common stock, authorized (shares)	6,000,000,000	6,000,000,000
Common stock, issued (shares)	294,229,000	287,190,000
Common stock, outstanding (shares)	294,229,000	287,190,000
Class B Common Stock
Class of Stock [Line Items]
Common stock, authorized (shares)		200,000,000
Common stock, issued (shares)	31,297,000	31,313,000
Common stock, outstanding (shares)	31,297,000	31,313,000
Class C Common Stock
Class of Stock [Line Items]
Common stock, authorized (shares)		2,000,000,000
Common stock, issued (shares)	0	0
Common stock, outstanding (shares)	0	0

Condensed Consolidated Statemen

Condensed Consolidated Statements of Operations (unaudited) (Statement) - USD ($) shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Income Statement [Abstract]
Revenue	$ 1,077	$ 362
Costs and expenses:
Cost of revenue, exclusive of depreciation and amortization shown separately below	563	194
Sales and marketing	333	152
Research and development	82	33
General and administrative	169	82
Depreciation and amortization	29	24
Total costs and expenses	1,176	485
Loss from operations	(99)	(123)
Interest income	2	3
Interest expense	(12)	(4)
Other expense, net	0	(4)
Loss before income taxes	(109)	(128)
Provision for income taxes	1	1
Net loss	$ (110)	$ (129)
Net loss per share, basic and diluted ($ per share)	$ (0.34)	$ (2.92)
Weighted-average number of shares outstanding used to compute net loss per share, basic and diluted (in shares)	327,815	44,169

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Loss (unaudited) (Statement) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Statement of Comprehensive Income [Abstract]
Net loss	$ (110)	$ (129)
Other comprehensive income:
Change in foreign currency translation adjustments	0	1
Change in unrealized gain on marketable securities	0	2
Total other comprehensive income	0	3
Comprehensive loss	$ (110)	$ (126)

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Redeemable Convertible Preferred Stock and Stockholders' Equity (Deficit) (unaudited) (Statement) - USD ($) shares in Thousands, $ in Millions	Total	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Income (Loss)	Redeemable Convertible Preferred Stock
Common stock, outstanding (shares), beginning at Dec. 31, 2019		43,937
Beginning balance at Dec. 31, 2019	$ (1,082)	$ 0	$ 70	$ (1,152)	$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon exercise of stock options (shares)		366
Issuance of common stock upon exercise of stock options	1		1
Stock-based compensation	5		5
Other comprehensive income	3				3
Net loss	(129)	$ (129)		(129)
Common stock, outstanding (shares), ending at Mar. 31, 2020		44,303
Ending balance at Mar. 31, 2020	(1,202)	$ 0	76	(1,281)	3
Redeemable convertible preferred stock, outstanding (shares), beginning at Dec. 31, 2019						230,667
Beginning balance at Dec. 31, 2019						$ 2,264
Redeemable convertible preferred stock, outstanding (shares), ending at Mar. 31, 2020						230,667
Ending balance at Mar. 31, 2020						$ 2,264
Common stock, outstanding (shares), beginning at Dec. 31, 2020		318,503
Beginning balance at Dec. 31, 2020	4,700	$ 0	6,313	(1,613)	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of common stock upon settlement of RSUs (shares)		1,836
Shares withheld related to net share settlement (shares)		(802)
Shares withheld related to net share settlement	$ (166)		(166)
Issuance of common stock upon exercise of stock options (shares)	5,989	5,989
Issuance of common stock upon exercise of stock options	$ 13		13
Stock-based compensation	118		118
Other comprehensive income	0
Net loss	(110)			(110)
Common stock, outstanding (shares), ending at Mar. 31, 2021		325,526
Ending balance at Mar. 31, 2021	$ 4,555	$ 0	$ 6,278	$ (1,723)	$ 0

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Statement) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Cash flows from operating activities
Net loss	$ (110)	$ (129)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization	29	24
Stock-based compensation	97	5
Bad debt expense	16	5
Reduction of operating lease right-of-use assets and accretion of operating lease liabilities	11	8
Non-cash interest expense	11	4
Other	6	5
Changes in operating assets and liabilities:
Funds held at payment processors	19	(60)
Accounts receivable, net	(7)	(70)
Prepaid expenses and other current assets	79	(6)
Other assets	(4)	(5)
Accounts payable	0	15
Accrued expenses and other current liabilities	27	81
Payments for operating lease liabilities	(8)	(6)
Other liabilities	0	4
Net cash provided by (used in) operating activities	166	(125)
Cash flows from investing activities
Purchases of property and equipment	(32)	(22)
Capitalized software and website development costs	(22)	(10)
Purchases of marketable securities	(99)	(93)
Maturities of marketable securities	146	130
Net cash provided by (used in) investing activities	(7)	5
Cash flows from financing activities
Proceeds from issuance of convertible notes, net of issuance costs	0	333
Repayment of convertible notes	(333)	0
Proceeds from exercise of stock options	13	1
Deferred offering costs paid	(10)	0
Taxes paid related to net share settlement of equity awards	(166)	0
Net cash provided by (used in) financing activities	(496)	334
Foreign currency effect on cash, cash equivalents, and restricted cash	0	(2)
Net increase (decrease) in cash, cash equivalents, and restricted cash	(337)	212
Cash, cash equivalents, and restricted cash, beginning of period	4,345	287
Cash, cash equivalents, and restricted cash, end of period	4,008	499
Cash paid for interest	$ 42	$ 0

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Statement of Cash Flows [Abstract]
Cash and cash equivalents	$ 4,007	$ 469
Restricted cash	1	30
Total cash, cash equivalents, and restricted cash	4,008	499
Supplemental disclosure of cash flow information
Cash paid for interest	42	0
Non-cash investing and financing activities
Purchases of property and equipment not yet settled	11	11
Leasehold improvements acquired through tenant improvement allowance	0	5
Unrealized gain on marketable securities	0	2
Stock-based compensation included in capitalized software and website development costs	$ 21	$ 0

Organization and Description of

Organization and Description of Business	3 Months Ended
	Mar. 31, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization and Description of Business	Organization and Description of Business DoorDash, Inc. (the “Company”), is incorporated in Delaware with headquarters in San Francisco, California. The Company provides a local logistics platform that enables local brick-and-mortar businesses to address consumers’ expectations of ease and immediacy and thrive in today’s convenience economy. The Company’s local logistics platform connects merchants, consumers, and Dashers. The Company operates the DoorDash Marketplace, which enables merchants to establish an online presence and expand their reach by connecting them with consumers (the “Marketplace”). Merchants can fulfill this demand with independent contractors who use the Company’s platform to deliver orders (“Dashers”). As part of the Marketplace, 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 Marketplace also includes DashPass, the Company’s subscription product, which provides consumers with unlimited access to eligible merchants with zero delivery fees and reduced service fees. In addition to the Marketplace, the Company offers DoorDash Drive, or Drive, a white-label logistics service that enables merchants that have generated consumer demand through their own channels to fulfill this demand using the Company’s local logistics platform, and DoorDash Storefront, or Storefront, that 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 logistics capabilities.

Summary of Significant Accounti

Summary of Significant Accounting Policies	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of DoorDash, Inc. and its wholly-owned subsidiaries and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and the requirements of the U.S. Securities and Exchange Commission (the “SEC”) for interim reporting. All intercompany transactions have been eliminated in consolidation. These unaudited condensed consolidated interim financial statements reflect all normal recurring adjustments that are, in the opinion of management, necessary to fairly present the information set forth herein. They should be read in conjunction with the audited consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. Interim results are not necessarily indicative of the results for a full year. Reclassifications Certain amounts from prior periods have been reclassified to conform to the current period presentation. Use of Estimates The preparation of condensed 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 period presented. Estimates include, but are not limited to, revenue recognition, allowances for credit losses, estimated useful lives of property and equipment, capitalized software and website development costs, intangible assets, stock-based compensation, valuation of investments and other financial instruments, 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. Significant Accounting Policies There have been no material changes to the Company's significant accounting policies from its Annual Report on Form 10-K for the fiscal year ended December 31, 2020.

Revenue

Revenue	3 Months Ended
	Mar. 31, 2021
Revenue from Contract with Customer [Abstract]
Revenue	Revenue Disaggregated Revenue Information All revenue recognized during the three months ended March 31, 2020 and 2021 was related to the Company's core business, which is primarily comprised of Marketplace and Drive. Revenue by geographic area is determined based on the address of the merchant, or in the case of DashPass, the address of the consumer. Revenue by geographic area was as follows (in millions): Three Months Ended March 31, 2020 2021 United States $ 362 $ 1,072 International — 5 Total revenue $ 362 $ 1,077 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 condensed 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 three months ended March 31, 2021 was as follows (in millions): Contract Liabilities Beginning balance $ 108 Addition to contract liabilities 260 Reduction of contract liabilities (1)(2) (245) Ending balance $ 123 (1) Gift cards and certain consumer credits can be redeemed through the Company's online Marketplace. When they are redeemed, revenue is recognized on a net basis as the difference between the carrying amount of the gift cards and consumer credits and the amount due 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 revenues 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 $22 million associated with unearned prepayments received by the Company, all of which was recognized as revenue during the three months ended March 31, 2021. 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 condensed 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 condensed consolidated statements of operations. A summary of activities related to deferred contract costs was as follows (in millions): Three Months Ended March 31, 2020 2021 Beginning balance $ 21 $ 43 Capitalization of deferred contract costs 5 6 Amortization of deferred contract costs (2) (5) Ending balance $ 24 $ 44 Deferred contract costs, current $ 4 $ 17 Deferred contract costs, non-current 20 27 Total deferred contract costs $ 24 $ 44 Allowance for Credit Losses

Goodwill and Intangible Assets,

Goodwill and Intangible Assets, Net	3 Months Ended
	Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets, Net	Goodwill and Intangible Assets, Net During the three months ended March 31, 2021, there were no changes in the carrying amount of goodwill of $316 million. Intangible assets, net consisted of the following as of December 31, 2020 (in millions): Weighted-average Gross Carrying Accumulated Net Carrying Existing technology 7.6 $ 71 $ (48) $ 23 Vendor relationships 11.8 45 (4) 41 Courier relationships 0.3 1 (1) — Customer relationships 1.8 9 (3) 6 Trade name and trademarks 1.8 6 (2) 4 Balance as of December 31, 2020 $ 132 $ (58) $ 74 Intangible assets, net consisted of the following as of March 31, 2021 (in millions): Weighted-average Gross Carrying Accumulated Net Carrying Existing technology 7.5 $ 71 $ (49) $ 22 Vendor relationships 11.6 45 (5) 40 Courier relationships — 1 (1) — Customer relationships 1.6 9 (4) 5 Trade name and trademarks 1.6 6 (3) 3 Balance as of March 31, 2021 $ 132 $ (62) $ 70 Amortization expense associated with intangible assets was $13 million, and $4 million for the three months ended March 31, 2020, and 2021, respectively. The estimated future amortization expense of intangible assets as of March 31, 2021 was as follows (in millions): Year Ending December 31, Amortization Remainder of 2021 $ 9 2022 10 2023 6 2024 6 2025 6 Thereafter 33 Total estimated future amortization expense $ 70

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements	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, 2020 Level 1 Level 2 Level 3 Total Cash equivalents U.S. Treasury securities $ — $ 3 $ — $ 3 Short-term marketable securities Commercial paper — 76 — 76 Corporate bonds — 51 — 51 U.S. government agency securities — 23 — 23 U.S. Treasury securities — 364 — 364 Total $ — $ 517 $ — $ 517 March 31, 2021 Level 1 Level 2 Level 3 Total Cash equivalents Money market funds $ 47 $ — $ — $ 47 Commercial paper — 3 — 3 Short-term marketable securities Commercial paper — 86 — 86 Corporate bonds — 36 — 36 U.S. government agency securities — 18 — 18 U.S. Treasury securities — 327 — 327 Total $ 47 $ 470 $ — $ 517 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 an independent pricing service, 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. There were no Level 3 assets or liabilities as of December 31, 2020 and March 31, 2021.

Balance Sheet Components

Balance Sheet Components	3 Months Ended
	Mar. 31, 2021
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, 2020 Cost or Unrealized Estimated Gains Losses Cash equivalents U.S. Treasury securities $ 3 $ — $ — $ 3 Short-term marketable securities Commercial paper 76 — — 76 Corporate bonds 51 — — 51 U.S. government agency securities 23 — — 23 U.S. Treasury securities 364 — — 364 Total $ 517 $ — $ — $ 517 March 31, 2021 Cost or Unrealized Estimated Gains Losses Cash equivalents Money market funds $ 47 $ — $ — $ 47 Commercial paper 3 — — 3 Short-term marketable securities Commercial paper 86 — — 86 Corporate bonds 36 — — 36 U.S. government agency securities 18 — — 18 U.S. Treasury securities 327 — — 327 Total $ 517 $ — $ — $ 517 No individual security incurred continuous unrealized losses for greater than twelve months as of December 31, 2020 and March 31, 2021. Property and Equipment, net Property and equipment, net consisted of the following (in millions): December 31, March 31, Equipment for merchants $ 111 $ 126 Capitalized software and website development costs 86 129 Leasehold improvements 57 58 Computer equipment and software 22 28 Office equipment 11 9 Construction in progress 27 29 Total 314 379 Less: Accumulated depreciation and amortization (104) (129) Property and equipment, net $ 210 $ 250 Depreciation expenses were $9 million and $18 million for the three months ended March 31, 2020 and 2021, respectively. The Company capitalized $11 million, and $43 million in capitalized software and website development costs during the three months ended March 31, 2020, and 2021, respectively. Capitalized software and website development costs are included in property and equipment, net on the condensed consolidated balance sheets. Amortization of capitalized software and website development costs was $2 million, and $7 million for the three months ended March 31, 2020, and 2021, 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, March 31, Litigation reserves $ 178 $ 114 Sales tax payable and accrued sales and indirect taxes 149 142 Accrued operations related expenses 139 137 Dasher and merchant payable 110 123 Contract liabilities 108 123 Accrued advertising 62 98 Insurance reserves 55 89 Credits issued to consumers 28 32 Other 114 142 Total $ 943 $ 1,000

Promissory Notes

Promissory Notes	3 Months Ended
	Mar. 31, 2021
Debt Disclosure [Abstract]
Promissory Notes	Promissory Notes 2020 Convertible Promissory Notes In 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.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2021
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, an increasing number of 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 delivery providers, the Dasher pay model, and other matters. For example, we are currently under audit by the Employment Development Department, State of California for payroll tax liabilities. In October 2019, the Company made an offer, and in November 2019 it filed a settlement agreement, of $40 million with the representatives of Dashers that had filed actions in the States of California and Massachusetts in order to settle claims under the Private Attorney General Act and class action claims alleging worker misclassification of Dashers against the Company. These actions were filed by and on behalf of Massachusetts Dashers that utilized the DoorDash platform since September 2014 and California Dashers that utilized the DoorDash platform since August 2016. On June 8, 2020, the Company entered into an amended settlement agreement to increase the total amount to be paid by the Company from $40 million to $41 million. In October 2020, the Company entered into an amended settlement agreement to increase the total amount to be paid by the Company from $41 million to $89 million. In April 2021, the Company entered into an amended settlement agreement increasing the total amount to be paid by the Company to $100 million. In March 2020, the Company reached an agreement to resolve worker misclassification claims associated with certain Dashers and Caviar delivery providers who have entered into arbitration agreements with the Company. Under the agreement, certain Dashers and Caviar delivery providers are eligible for settlement payments, subject to a threshold number of the covered individuals entering into individual settlement agreements. The Company anticipated that the aggregate amount of payments to Dashers and Caviar delivery providers under these individual settlement agreements, including attorneys’ fees, would be approximately $70 million. In July 2020, the Company transferred $69 million into an escrow account, the settlement amount to be released and paid to claimants and claimants’ attorneys if a minimum number of claimants agreed to release their claims against the Company by the date specified within the settlement agreement. In December 2020, the number of claimants who agreed to release their claims against the Company exceeded the minimum, and the Company committed to release the settlement amount in the escrow account to claimants and claimants' attorneys. In the three months ended March 31, 2021, $67 million out of the $69 million in the escrow account was distributed to the claimants and claimants' attorneys. As of March 31, 2021, the remaining settlement amount was included in prepaid expenses and other current assets on the condensed consolidated balance sheets. In July and August 2020, the Company reached additional agreements to resolve worker misclassification claims associated with certain Dashers and Caviar delivery providers who have entered into arbitration agreements with the Company. Under these agreements, certain Dashers and Caviar delivery providers are eligible for settlement payments, subject to a threshold number of the covered individuals entering into individual settlement agreements. The Company anticipates that the aggregate amount of payments to Dashers and Caviar delivery providers under these individual settlement agreements, including attorneys’ fees, will be approximately $15 million, of which $6 million was paid in the three months ended March 31, 2021. 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 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 Dashers as independent contractors. In August 2020, the San Francisco District Attorney filed a motion for preliminary injunction that would bar the Company from continuing to classify Dashers in California as independent contractors during the pendency of this case. In December 2020, the San Francisco District Attorney withdrew its request for preliminary injunction. 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, 2020 and March 31, 2021. Bank Commitments and Letters of Credit In November 2019, the Company entered into a revolving credit and guaranty agreement which provides for a $300 million unsecured revolving credit facility maturing on November 19, 2024. Loans under the credit facility 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 LIBOR rate for a one-month interest period plus 1.00%, or (ii) an adjusted LIBOR rate 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 in the entirety 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. In August 2020, the Company amended and restated its existing revolving credit and guaranty agreement to provide for $100 million of incremental revolving loan commitments, effective upon the consummation of an initial public offering of the Company’s common stock on or prior to August 7, 2021, 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. As of December 31, 2020 and March 31, 2021, the Company was in compliance with the covenants under the credit agreement. As of December 31, 2020 and March 31, 2021, no amounts were drawn and the Company had $44 million and $36 million of issued letters of credit outstanding from the revolving credit and guaranty agreement. Sales and Indirect Tax Matters

Common Stock

Common Stock	3 Months Ended
	Mar. 31, 2021
Equity [Abstract]
Common Stock	Common Stock 2014 Equity Incentive Plan In March 2014, the Company adopted the 2014 Stock Option Plan, as amended, or 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 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 Company's initial public offering (the "IPO"), the 2014 Plan was terminated effective immediately prior to the effectiveness of the 2020 Equity Incentive Plan ("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 nonstatutory stock options, restricted stock, Restricted Stock Units ("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. Stock Award Activities A summary of activity under the 2014 and 2020 Plan and related information 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, 2020 33,802 $ 2.42 5.92 $ 4,744 Options granted — $ — Options exercised (5,989) $ 2.15 $ 888 Options forfeited (1) $ 1.45 Balance as of March 31, 2021 27,812 $ 2.48 5.54 $ 3,578 Exercisable as of March 31, 2021 23,524 $ 1.98 5.22 $ 3,038 Vested and expected to vest as of March 31, 2021 27,812 $ 2.48 5.54 $ 3,578 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 on the NYSE as of the respective period-end dates. The aggregate intrinsic value of stock options exercised during the three months ended March 31, 2020, and 2021 was $11 million, and $888 million, respectively. There were no stock options granted during the three months ended March 31, 2020 and 2021. 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 units as of December 31, 2020 28,366 $ 4,049 Granted 1,228 $ 180.73 Vested and settled (1,836) $ 27.68 Forfeited (268) $ 55.40 Unvested units as of March 31, 2021 27,490 $ 3,605 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 during the three months ended March 31, 2021 was $180.73. There were no RSUs granted and vested during the three months ended March 31, 2020. Stock-Based Compensation Expense The Company recorded stock-based compensation expense in the condensed consolidated statements of operations as follows (in millions): Three Months Ended March 31, 2020 2021 Cost of revenue, exclusive of depreciation and amortization $ 1 $ 9 Sales and marketing 1 10 Research and development 1 35 General and administrative 2 43 Total stock-based compensation expense $ 5 $ 97 As of March 31, 2021, there was $16 million of unrecognized stock-based compensation expense related to unvested stock options, which is expected to be recognized over a weighted-average period of 1.14 years. In November 2020, the Company’s board of directors approved the grant of 10,379,000 RSUs to the Company's Chief Executive Officer (the “CEO Performance Award”). The CEO Performance Award vests upon the satisfaction of a service condition and achievement of certain stock price goals. As of March 31, 2021, unrecognized stock-based compensation expense related to the CEO Performance Award was $374 million, which is expected to be recognized over a period of 4.07 years. As of March 31, 2021, there was $831 million of unrecognized stock-based compensation expense related to unvested RSUs, excluding the unrecognized stock-based compensation expense associated with the CEO Performance Award granted in November 2020. The Company expects to recognize this expense over the remaining weighted-average period of 2.78 years. 2020 Employee Stock Purchase Plan In November 2020, 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 registration statement on Form S-1 related to 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. 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	3 Months Ended
	Mar. 31, 2021
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company’s tax provision for interim periods is determined using an estimate of its annual effective tax rate, adjusted for discrete items, if any, that arise during the period. Each quarter, the Company updates its estimate of the annual effective tax rate and, if the estimated annual effective tax rate changes, the Company makes a cumulative adjustment in such period. The Company recorded $1 million of provision for income taxes for both the three months ended March 31, 2020 and 2021. The provision for income taxes for both periods presented were primarily attributable to state franchise taxes and income taxes in foreign jurisdictions. The Company regularly assesses the realizability of its deferred tax assets and establishes a valuation allowance if it is more-likely-than-not that some, or all, of its deferred tax assets will not be realized in the future. The Company evaluates and weighs all available evidence, both positive and negative, including its historic operating results, future reversals of existing deferred tax liabilities, as well as projected future taxable income. The Company will continue to regularly assess the realizability of its deferred tax assets. Changes in earnings performance and future earnings projections, among other factors, may cause the Company to adjust the valuation allowance on deferred tax assets, which could materially impact the income tax expense in the period the Company determines that these factors have changed. As of March 31, 2021, the Company continues to maintain a full valuation allowance on its deferred tax assets except in certain foreign jurisdictions. As of March 31, 2021, the Company had $15 million of unrecognized tax benefits, which, if recognized, would result in adjustments to the valuation allowance. The Company is subject to income tax audits in the U.S. and foreign jurisdictions. The Company recorded liabilities related to uncertain tax positions and believes that the Company has provided adequate reserves for income tax uncertainties in all open tax years. Due to the Company’s history of tax losses, all years remain open to tax audits.

Net Loss per Share Attributable

Net Loss per Share Attributable to Common Stockholders	3 Months Ended
	Mar. 31, 2021
Earnings Per Share [Abstract]
Net Loss per Share Attributable to Common Stockholders	Net Loss per Share Attributable to 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. Before the IPO, the Company’s outstanding securities also included convertible preferred stock. The holders of redeemable convertible preferred stock did not have a contractual obligation to share in the Company’s losses, and as a result, net losses were not allocated to these securities. The following table sets forth the calculation of basic and diluted net loss per share attributable to common stockholders during the periods presented. RSUs that vested upon the IPO but have not been settled are included in the denominator in calculating net loss per share for the three months ended March 31, 2021 (in millions, except share amounts which are reflected in thousands, and per share data): Three Months Ended March 31, 2020 2021 Common Class A Class B Net loss $ (129) $ (99) $ (11) Weighted-average number of shares outstanding used to compute net loss per share, basic and diluted 44,169 296,498 31,317 Net loss per share, basic and diluted $ (2.92) $ (0.34) $ (0.34) 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 performance or market conditions which were not satisfied at the end of the respective periods (in thousands): Three Months Ended March 31, 2020 2021 Redeemable convertible preferred stock (on an as-converted basis) 230,954 — Stock options to purchase common stock 35,734 27,812 Unvested restricted stock units 15,573 27,491 Convertible promissory notes 10,713 — Total 292,974 55,303

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of DoorDash, Inc. and its wholly-owned subsidiaries and have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and the requirements of the U.S. Securities and Exchange Commission (the “SEC”) for interim reporting. All intercompany transactions have been eliminated in consolidation. These unaudited condensed consolidated interim financial statements reflect all normal recurring adjustments that are, in the opinion of management, necessary to fairly present the information set forth herein. They should be read in conjunction with the audited consolidated financial statements and related notes included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2020. Interim results are not necessarily indicative of the results for a full year.
Use of Estimates	Use of EstimatesThe preparation of condensed 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 period presented. Estimates include, but are not limited to, revenue recognition, allowances for credit losses, estimated useful lives of property and equipment, capitalized software and website development costs, intangible assets, stock-based compensation, valuation of investments and other financial instruments, 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.
Fair Value	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 an independent pricing service, 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.
Contract Liabilities and Deferred Contract Costs	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 condensed 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 three months ended March 31, 2021 was as follows (in millions): Contract Liabilities Beginning balance $ 108 Addition to contract liabilities 260 Reduction of contract liabilities (1)(2) (245) Ending balance $ 123 (1) Gift cards and certain consumer credits can be redeemed through the Company's online Marketplace. When they are redeemed, revenue is recognized on a net basis as the difference between the carrying amount of the gift cards and consumer credits and the amount due 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 revenues 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 $22 million associated with unearned prepayments received by the Company, all of which was recognized as revenue during the three months ended March 31, 2021. Deferred Contract Costs

Revenue (Tables)

Revenue (Tables)	3 Months Ended
	Mar. 31, 2021
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 DashPass, the address of the consumer. Revenue by geographic area was as follows (in millions): Three Months Ended March 31, 2020 2021 United States $ 362 $ 1,072 International — 5 Total revenue $ 362 $ 1,077
Contract Liabilities	A summary of activities related to contract liabilities for the three months ended March 31, 2021 was as follows (in millions): Contract Liabilities Beginning balance $ 108 Addition to contract liabilities 260 Reduction of contract liabilities (1)(2) (245) Ending balance $ 123 (1) Gift cards and certain consumer credits can be redeemed through the Company's online Marketplace. When they are redeemed, revenue is recognized on a net basis as the difference between the carrying amount of the gift cards and consumer credits and the amount due 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 revenues 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 $22 million associated with unearned prepayments received by the Company, all of which was recognized as revenue during the three months ended March 31, 2021.
Deferred Contract Costs	A summary of activities related to deferred contract costs was as follows (in millions): Three Months Ended March 31, 2020 2021 Beginning balance $ 21 $ 43 Capitalization of deferred contract costs 5 6 Amortization of deferred contract costs (2) (5) Ending balance $ 24 $ 44 Deferred contract costs, current $ 4 $ 17 Deferred contract costs, non-current 20 27 Total deferred contract costs $ 24 $ 44

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets, Net (Tables)	3 Months Ended
	Mar. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Intangible Assets	Intangible assets, net consisted of the following as of December 31, 2020 (in millions): Weighted-average Gross Carrying Accumulated Net Carrying Existing technology 7.6 $ 71 $ (48) $ 23 Vendor relationships 11.8 45 (4) 41 Courier relationships 0.3 1 (1) — Customer relationships 1.8 9 (3) 6 Trade name and trademarks 1.8 6 (2) 4 Balance as of December 31, 2020 $ 132 $ (58) $ 74 Intangible assets, net consisted of the following as of March 31, 2021 (in millions): Weighted-average Gross Carrying Accumulated Net Carrying Existing technology 7.5 $ 71 $ (49) $ 22 Vendor relationships 11.6 45 (5) 40 Courier relationships — 1 (1) — Customer relationships 1.6 9 (4) 5 Trade name and trademarks 1.6 6 (3) 3 Balance as of March 31, 2021 $ 132 $ (62) $ 70
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The estimated future amortization expense of intangible assets as of March 31, 2021 was as follows (in millions): Year Ending December 31, Amortization Remainder of 2021 $ 9 2022 10 2023 6 2024 6 2025 6 Thereafter 33 Total estimated future amortization expense $ 70

Fair Value Measures and Disclos

Fair Value Measures and Disclosures (Tables)	3 Months Ended
	Mar. 31, 2021
Fair Value Disclosures [Abstract]
Fair Value, Assets Measured on 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, 2020 Level 1 Level 2 Level 3 Total Cash equivalents U.S. Treasury securities $ — $ 3 $ — $ 3 Short-term marketable securities Commercial paper — 76 — 76 Corporate bonds — 51 — 51 U.S. government agency securities — 23 — 23 U.S. Treasury securities — 364 — 364 Total $ — $ 517 $ — $ 517 March 31, 2021 Level 1 Level 2 Level 3 Total Cash equivalents Money market funds $ 47 $ — $ — $ 47 Commercial paper — 3 — 3 Short-term marketable securities Commercial paper — 86 — 86 Corporate bonds — 36 — 36 U.S. government agency securities — 18 — 18 U.S. Treasury securities — 327 — 327 Total $ 47 $ 470 $ — $ 517

Balance Sheet Components (Table

Balance Sheet Components (Tables)	3 Months Ended
	Mar. 31, 2021
Balance Sheet Related Disclosures [Abstract]
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, 2020 Cost or Unrealized Estimated Gains Losses Cash equivalents U.S. Treasury securities $ 3 $ — $ — $ 3 Short-term marketable securities Commercial paper 76 — — 76 Corporate bonds 51 — — 51 U.S. government agency securities 23 — — 23 U.S. Treasury securities 364 — — 364 Total $ 517 $ — $ — $ 517 March 31, 2021 Cost or Unrealized Estimated Gains Losses Cash equivalents Money market funds $ 47 $ — $ — $ 47 Commercial paper 3 — — 3 Short-term marketable securities Commercial paper 86 — — 86 Corporate bonds 36 — — 36 U.S. government agency securities 18 — — 18 U.S. Treasury securities 327 — — 327 Total $ 517 $ — $ — $ 517
Schedule of Property and Equipment, net	Property and equipment, net consisted of the following (in millions): December 31, March 31, Equipment for merchants $ 111 $ 126 Capitalized software and website development costs 86 129 Leasehold improvements 57 58 Computer equipment and software 22 28 Office equipment 11 9 Construction in progress 27 29 Total 314 379 Less: Accumulated depreciation and amortization (104) (129) Property and equipment, net $ 210 $ 250
Schedule of Accrued Expenses and Other Current Liabilities	Accrued expenses and other current liabilities consisted of the following (in millions): December 31, March 31, Litigation reserves $ 178 $ 114 Sales tax payable and accrued sales and indirect taxes 149 142 Accrued operations related expenses 139 137 Dasher and merchant payable 110 123 Contract liabilities 108 123 Accrued advertising 62 98 Insurance reserves 55 89 Credits issued to consumers 28 32 Other 114 142 Total $ 943 $ 1,000

Common Stock (Tables)

Common Stock (Tables)	3 Months Ended
	Mar. 31, 2021
Equity [Abstract]
Schedule of Activity under the 2014 and 2020 Plans	A summary of activity under the 2014 and 2020 Plan and related information 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, 2020 33,802 $ 2.42 5.92 $ 4,744 Options granted — $ — Options exercised (5,989) $ 2.15 $ 888 Options forfeited (1) $ 1.45 Balance as of March 31, 2021 27,812 $ 2.48 5.54 $ 3,578 Exercisable as of March 31, 2021 23,524 $ 1.98 5.22 $ 3,038 Vested and expected to vest as of March 31, 2021 27,812 $ 2.48 5.54 $ 3,578
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 units as of December 31, 2020 28,366 $ 4,049 Granted 1,228 $ 180.73 Vested and settled (1,836) $ 27.68 Forfeited (268) $ 55.40 Unvested units as of March 31, 2021 27,490 $ 3,605
Schedule of Stock-based compensation Expense	The Company recorded stock-based compensation expense in the condensed consolidated statements of operations as follows (in millions): Three Months Ended March 31, 2020 2021 Cost of revenue, exclusive of depreciation and amortization $ 1 $ 9 Sales and marketing 1 10 Research and development 1 35 General and administrative 2 43 Total stock-based compensation expense $ 5 $ 97

Net Loss per Share Attributab_2

Net Loss per Share Attributable to Common StockholdersEarnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2021
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table sets forth the calculation of basic and diluted net loss per share attributable to common stockholders during the periods presented. RSUs that vested upon the IPO but have not been settled are included in the denominator in calculating net loss per share for the three months ended March 31, 2021 (in millions, except share amounts which are reflected in thousands, and per share data): Three Months Ended March 31, 2020 2021 Common Class A Class B Net loss $ (129) $ (99) $ (11) Weighted-average number of shares outstanding used to compute net loss per share, basic and diluted 44,169 296,498 31,317 Net loss per share, basic and diluted $ (2.92) $ (0.34) $ (0.34)
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 performance or market conditions which were not satisfied at the end of the respective periods (in thousands): Three Months Ended March 31, 2020 2021 Redeemable convertible preferred stock (on an as-converted basis) 230,954 — Stock options to purchase common stock 35,734 27,812 Unvested restricted stock units 15,573 27,491 Convertible promissory notes 10,713 — Total 292,974 55,303

Revenue - Disaggregated Revenue

Revenue - Disaggregated Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Disaggregation of Revenue [Line Items]
Total revenue	$ 1,077	$ 362
United States
Disaggregation of Revenue [Line Items]
Total revenue	1,072	362
International
Disaggregation of Revenue [Line Items]
Total revenue	$ 5	$ 0

Revenue - Contract Liabilities

Revenue - Contract Liabilities (Details) $ in Millions	3 Months Ended
	Mar. 31, 2021USD ($)
Revenue from Contract with Customer [Abstract]
Beginning balance	$ 108
Addition to contract liabilities	260
Reduction of contract liabilities	(245)
Ending balance	123
Revenue recognized from unearned prepayments received	$ (22)

Revenue - Rollforward of Deferr

Revenue - Rollforward of Deferred Contract Costs (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Capitalized Contract Cost [Roll Forward]
Beginning balance	$ 43	$ 21
Capitalization of deferred contract costs	6	5
Amortization of deferred contract costs	(5)	(2)
Ending balance	$ 44	$ 24

Revenue - Deferred Contract Cos

Revenue - Deferred Contract Costs (Details) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Deferred contract costs, current	$ 17		$ 4
Deferred contract costs, non-current	27		20
Total deferred contract costs	$ 44	$ 43	$ 24	$ 21

Revenue - Allowance for Credit

Revenue - Allowance for Credit Losses (Details) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Allowance for doubtful accounts	$ 13	$ 28

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets, Net - Goodwill (Details) - USD ($)	3 Months Ended
	Mar. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in carrying amount of goodwill	$ 0
Goodwill	$ 316,000,000	$ 316,000,000

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets, Net - Intangible Assets (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Value	$ 132		$ 132
Accumulated Amortization	(62)		(58)
Net Carrying Value	70		$ 74
Amortization of intangible assets	$ 4	$ 13
Existing Technology
Finite-Lived Intangible Assets [Line Items]
Weighted-average Remaining Useful Life (in years)	7 years 6 months		7 years 7 months 6 days
Gross Carrying Value	$ 71		$ 71
Accumulated Amortization	(49)		(48)
Net Carrying Value	$ 22		$ 23
Vendor Relationships
Finite-Lived Intangible Assets [Line Items]
Weighted-average Remaining Useful Life (in years)	11 years 7 months 6 days		11 years 9 months 18 days
Gross Carrying Value	$ 45		$ 45
Accumulated Amortization	(5)		(4)
Net Carrying Value	40		$ 41
Courier Relationships
Finite-Lived Intangible Assets [Line Items]
Weighted-average Remaining Useful Life (in years)			3 months 18 days
Gross Carrying Value	1		$ 1
Accumulated Amortization	(1)		(1)
Net Carrying Value	$ 0		$ 0
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Weighted-average Remaining Useful Life (in years)	1 year 7 months 6 days		1 year 9 months 18 days
Gross Carrying Value	$ 9		$ 9
Accumulated Amortization	(4)		(3)
Net Carrying Value	$ 5		$ 6
Trade Name and Trademarks
Finite-Lived Intangible Assets [Line Items]
Weighted-average Remaining Useful Life (in years)	1 year 7 months 6 days		1 year 9 months 18 days
Gross Carrying Value	$ 6		$ 6
Accumulated Amortization	(3)		(2)
Net Carrying Value	$ 3		$ 4

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets, Net - Future Amortization Expense (Details) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Remainder of 2021	$ 9
2022	10
2023	6
2024	6
2025	6
Thereafter	33
Net Carrying Value	$ 70	$ 74

Fair Value Measures and Discl_2

Fair Value Measures and Disclosures (Details) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Money market funds
Cash equivalents
Cash equivalents	$ 47
Commercial paper
Cash equivalents
Cash equivalents	3
Short-term marketable securities
Short-term marketable securities	86	$ 76
U.S. Treasury securities
Cash equivalents
Cash equivalents		3
Short-term marketable securities
Short-term marketable securities	327	364
Corporate bonds
Short-term marketable securities
Short-term marketable securities	36	51
U.S. government agency securities
Short-term marketable securities
Short-term marketable securities	18	23
Fair Value, Recurring
Short-term marketable securities
Total	517	517
Fair Value, Recurring | Money market funds
Cash equivalents
Cash equivalents	47
Fair Value, Recurring | Commercial paper
Cash equivalents
Cash equivalents	3
Short-term marketable securities
Short-term marketable securities	86	76
Fair Value, Recurring | U.S. Treasury securities
Cash equivalents
Cash equivalents		3
Short-term marketable securities
Short-term marketable securities	327	364
Fair Value, Recurring | Corporate bonds
Short-term marketable securities
Short-term marketable securities	36	51
Fair Value, Recurring | U.S. government agency securities
Short-term marketable securities
Short-term marketable securities	18	23
Level 1 | Fair Value, Recurring
Short-term marketable securities
Total	47	0
Level 1 | Fair Value, Recurring | Money market funds
Cash equivalents
Cash equivalents	47
Level 1 | Fair Value, Recurring | Commercial paper
Cash equivalents
Cash equivalents	0
Short-term marketable securities
Short-term marketable securities	0	0
Level 1 | Fair Value, Recurring | U.S. Treasury securities
Cash equivalents
Cash equivalents		0
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
Level 1 | Fair Value, Recurring | U.S. government agency securities
Short-term marketable securities
Short-term marketable securities	0	0
Level 2 | Fair Value, Recurring
Short-term marketable securities
Total	470	517
Level 2 | Fair Value, Recurring | Money market funds
Cash equivalents
Cash equivalents	0
Level 2 | Fair Value, Recurring | Commercial paper
Cash equivalents
Cash equivalents	3
Short-term marketable securities
Short-term marketable securities	86	76
Level 2 | Fair Value, Recurring | U.S. Treasury securities
Cash equivalents
Cash equivalents		3
Short-term marketable securities
Short-term marketable securities	327	364
Level 2 | Fair Value, Recurring | Corporate bonds
Short-term marketable securities
Short-term marketable securities	36	51
Level 2 | Fair Value, Recurring | U.S. government agency securities
Short-term marketable securities
Short-term marketable securities	18	23
Level 3
Short-term marketable securities
Total	0	0
Liabilities	0	0
Level 3 | Fair Value, Recurring
Short-term marketable securities
Total	0	0
Level 3 | Fair Value, Recurring | Money market funds
Cash equivalents
Cash equivalents	0
Level 3 | Fair Value, Recurring | Commercial paper
Cash equivalents
Cash equivalents	0
Short-term marketable securities
Short-term marketable securities	0	0
Level 3 | Fair Value, Recurring | U.S. Treasury securities
Cash equivalents
Cash equivalents		0
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
Level 3 | Fair Value, Recurring | U.S. government agency securities
Short-term marketable securities
Short-term marketable securities	$ 0	$ 0

Balance Sheet Components - Cash

Balance Sheet Components - Cash Equivalents and Marketable Securities (Details) $ in Millions	Mar. 31, 2021USD ($)security	Dec. 31, 2020USD ($)security	Mar. 31, 2020USD ($)
Cash equivalents
Cash equivalents, cost or amortized cost	$ 4,007	$ 4,345	$ 469
Short-term marketable securities
Total	517	517
Total, unrealized gains	0	0
Total, unrealized losses	0	0
Total, estimated fair value	$ 517	$ 517
Number of individual securities that incurred continuous unrealized losses for greater than 12 months | security	0	0
Money market funds
Cash equivalents
Cash equivalents, cost or amortized cost	$ 47
Cash equivalents, unrealized gain	0
Cash equivalents paper, unrealized loss	0
Cash equivalents, estimated fair value	47
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	86	$ 76
Short-term marketable securities, unrealized gains	0	0
Short-term marketable securities, unrealized losses	0	0
Short-term marketable securities, estimated fair value	86	76
U.S. Treasury securities
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	327	364
Short-term marketable securities, unrealized gains	0	0
Short-term marketable securities, unrealized losses	0	0
Short-term marketable securities, estimated fair value	327	364
Corporate bonds
Short-term marketable securities
Short-term marketable securities, cost or amortized cost	36	51
Short-term marketable securities, unrealized gains	0	0
Short-term marketable securities, unrealized losses	0	0
Short-term marketable securities, estimated fair value	36	51
U.S. government agency securities
Short-term marketable securities
Short-term marketable securities, cost or amortized cost	18	23
Short-term marketable securities, unrealized gains	0	0
Short-term marketable securities, unrealized losses	0	0
Short-term marketable securities, estimated fair value	$ 18	$ 23

Balance Sheet Components - Prop

Balance Sheet Components - Property and Equipment, Net (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Total	$ 379		$ 314
Less: Accumulated depreciation and amortization	(129)		(104)
Property and equipment, net	250		210
Depreciation expense	18	$ 9
Capitalized software and website development costs	43	11
Amortization of capitalized software and website development costs	7	$ 2
Equipment for Merchants
Property, Plant and Equipment [Line Items]
Total	126		111
Capitalized Software and Website Development Costs
Property, Plant and Equipment [Line Items]
Total	129		86
Leasehold Improvements
Property, Plant and Equipment [Line Items]
Total	58		57
Computer Equipment and Software
Property, Plant and Equipment [Line Items]
Total	28		22
Office Equipment
Property, Plant and Equipment [Line Items]
Total	9		11
Construction in Progress
Property, Plant and Equipment [Line Items]
Total	$ 29		$ 27

Balance Sheet Components - Accr

Balance Sheet Components - Accrued Expenses and Other Current Liabilities (Details) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Balance Sheet Related Disclosures [Abstract]
Litigation reserves	$ 114	$ 178
Sales tax payable and accrued sales and indirect taxes	142	149
Accrued operations related expenses	137	139
Dasher and merchant payable	123	110
Contract liabilities	123	108
Accrued advertising	98	62
Insurance reserves	89	55
Credits issued to consumers	32	28
Other	142	114
Total	$ 1,000	$ 943

Promissory Notes (Details)

Promissory Notes (Details) - USD ($)	1 Months Ended		3 Months Ended
	Feb. 28, 2021	Feb. 29, 2020	Mar. 31, 2021	Mar. 31, 2020
Debt Instrument [Line Items]
Proceeds from issuance of convertible notes, net of issuance costs			$ 0	$ 333,000,000
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)		10.00%
Outstanding principal and accrued interest repaid	$ 375,000,000

Commitment and Contingencies (D

Commitment and Contingencies (Details) - USD ($) $ in Millions	Jun. 08, 2020	Apr. 30, 2021	Oct. 31, 2020	Mar. 31, 2020	Dec. 31, 2019	Nov. 30, 2019	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020	Jul. 31, 2020
Loss Contingencies [Line Items]
General and administrative							$ 169	$ 82
Indemnification liability							0		$ 0
Dasher California and Massachusetts Actions
Loss Contingencies [Line Items]
Litigation settlement	$ 41		$ 89		$ 40	$ 40
Dasher California and Massachusetts Actions | Subsequent Event
Loss Contingencies [Line Items]
Litigation settlement		$ 100
Dasher and Caviar Delivery Providers Arbitration
Loss Contingencies [Line Items]
Litigation settlement				$ 70
Escrow deposit										$ 69
Payments for legal settlements							67
Dasher and Caviar Delivery Providers Arbitration, Additional Agreements
Loss Contingencies [Line Items]
Payments for legal settlements							6
Estimate of litigation settlement							$ 15

Commitment and Contingencies -

Commitment and Contingencies - Credit Agreements (Details) - USD ($)	1 Months Ended	3 Months Ended	12 Months Ended
	Nov. 30, 2019	Mar. 31, 2021	Dec. 31, 2020	Aug. 31, 2020
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%
Unsecured Revolving Credit Facility Maturing November 19, 2024 | Adjusted One-month LIBOR
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)	1.00%
Unsecured Revolving Credit Facility Maturing November 19, 2024 | Adjusted LIBOR
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)	1.00%
Revolving Credit Facility | Unsecured Revolving Credit Facility Maturing November 19, 2024
Line of Credit Facility [Line Items]
Revolving credit facility, maximum borowing 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)	0.005%
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)	0.01%
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)	0.01%
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 borowing capacity				$ 400,000,000
Incremental revolving loan commitments				$ 100,000,000
Drawn from the revolving credit facility		$ 0	$ 0
Letters of credit outstanding		$ 36,000,000	$ 44,000,000

Commitment and Contingencies _2

Commitment and Contingencies - Sales and Indirect Tax Matters (Details) $ in Millions	3 Months Ended
	Mar. 31, 2021USD ($)
Commitments and Contingencies Disclosure [Abstract]
Reduction in non-income tax reserves	$ 29

Common Stock - Additional Infor

Common Stock - Additional Information (Details)	Jan. 01, 2021shares	Dec. 08, 2020day	Mar. 31, 2014	Mar. 31, 2021
2014 Stock Option Plan | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option grant price as percent of fair value of stock price (not less than)			100.00%
Award vesting period			4 years
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 grant price as percent of fair value of stock price (not less than)			110.00%
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 Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Additional shares authorized (in shares) | shares	32,493,000
Percent of outstanding shares	5.00%
2020 Equity Incentive Plan | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option term				10 years
Option grant price as percent of fair value of stock price (not less than)				100.00%
Award vesting period				4 years
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)				110.00%

Common Stock - Options Outstand

Common Stock - Options Outstanding (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Shares subject to options outstanding, beginning balance (in shares)	33,802
Options granted (in shares)	0	0
Options exercised (in shares)	(5,989)
Options forfeited (in shares)	(1)
Shares subject to options outstanding, ending balance (in shares)	27,812
Exercisable (in shares)	23,524
Vested and expected to vest (in shares)	27,812
Weighted Average Exercise Price [Abstract]
Shares subject to options outstanding, weighted-average exercise price (in dollars per share)	$ 2.48		$ 2.42
Options granted (in dollars per share)	0
Options exercised (in dollars per share)	2.15
Options forfeited (in dollars per share)	1.45
Exercisable (in dollars per share)	1.98
Vested and expected to vest (in dollars per share)	$ 2.48
Options outstanding, weighted-average remaining contractual term (in years)	5 years 6 months 14 days	5 years 11 months 1 day
Exercisable, weighted-average remaining contractual term (in years)	5 years 2 months 19 days
Vested and expected to vest, weighted-average remaining contractual term (in years)	5 years 6 months 14 days
Options outstanding, aggregate instrinsic value	$ 3,578		$ 4,744
Options exercised, aggregate intrinsic value	888	$ 11
Exercisable, aggregate intrinsic value	3,038
Vested and expected to vest, aggregate intrinsic value	$ 3,578

Common Stock - Restricted Stock

Common Stock - Restricted Stock unit Activity (Details) - Unvested restricted stock units - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Unvested units, beginning balance (in shares)	28,366
Grants (in shares)	1,228
Vested (in shares)		0
Vested and settled (in shares)	(1,836)
Restricted stock units forfeited (in shares)	(268)
Unvested units, ending balance (in shares)	27,490
Weighted Average Grant Date Fair Value [Abstract]
Grants (in dollars per share)	$ 180.73
Vested and settled (in dollars per share)	27.68
Forfeited (in dollars per share)	$ 55.40
Aggregate instrinsic value	$ 3,605		$ 4,049

Common Stock - Stock-based Comp

Common Stock - Stock-based Compensation Expense (Details) - USD ($) shares in Thousands, $ in Millions	1 Months Ended	3 Months Ended
	Nov. 30, 2020	Mar. 31, 2021	Mar. 31, 2020
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense		$ 97	$ 5
Stock options to purchase common stock
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Unrecognized stock-based compensation expense related to unvested stock options		$ 16
Unrecognized stock-based compensation expense related to unvested stock options, remaining period for recognition		1 year 1 month 20 days
Unvested restricted stock units
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Unrecognized stock-based compensation expense related to unvested stock options		$ 831
Unrecognized stock-based compensation expense related to unvested stock options, remaining period for recognition		2 years 9 months 10 days
Grants (in shares)		1,228
CEO Performance Award | Chief Executive Officer | 2014 Equity Incentive Plan
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Unrecognized stock-based compensation expense related to unvested stock options		$ 374
Unrecognized stock-based compensation expense related to unvested stock options, remaining period for recognition		4 years 25 days
Grants (in shares)	10,379
Cost of revenue, exclusive of depreciation and amortization
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense		$ 9	1
Sales and marketing
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense		10	1
Research and development
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense		35	1
General and administrative
Share-based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Total stock-based compensation expense		$ 43	$ 2

Common Stock - Employee Stock P

Common Stock - Employee Stock Purchase Plan (Details) - Employee Stock Purchase Plan	Jan. 01, 2021shares	Mar. 31, 2021purchasePeriod	Dec. 31, 2020shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of open purchase periods under the ESPP | purchasePeriod		0
2020 Employee Stock Purchase Plan | Class A Common Stock
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 (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Income Tax Disclosure [Abstract]
Provision for income taxes	$ 1	$ 1
Unrecognized tax benefits that, if recognized, would result in adjustments to the valuation allowance	$ 15

Net Loss per Share Attributab_3

Net Loss per Share Attributable to Common Stockholders (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Class of Stock [Line Items]
Net loss	$ (110)	$ (129)
Weighted-average number of shares outstanding used to compute net loss per share, basic and diluted (in shares)	327,815	44,169
Net loss per share, basic and diluted ($ per share)	$ (0.34)	$ (2.92)
Common Stock
Class of Stock [Line Items]
Net loss		$ (129)
Weighted-average number of shares outstanding used to compute net loss per share, basic and diluted (in shares)		44,169
Net loss per share, basic and diluted ($ per share)		$ (2.92)
Common Stock | Class A Common Stock
Class of Stock [Line Items]
Net loss	$ (99)
Weighted-average number of shares outstanding used to compute net loss per share, basic and diluted (in shares)	296,498
Net loss per share, basic and diluted ($ per share)	$ (0.34)
Common Stock | Class B Common Stock
Class of Stock [Line Items]
Net loss	$ (11)
Weighted-average number of shares outstanding used to compute net loss per share, basic and diluted (in shares)	31,317
Net loss per share, basic and diluted ($ per share)	$ (0.34)

Net Loss per Share Attributab_4

Net Loss per Share Attributable to Common Stockholders - Antidilutive Securities (Details) - shares shares in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential dilutive securities (shares)	55,303	292,974
Redeemable convertible preferred stock (on an as-converted basis)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential dilutive securities (shares)	0	230,954
Stock options to purchase common stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential dilutive securities (shares)	27,812	35,734
Unvested restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential dilutive securities (shares)	27,491	15,573
Convertible promissory notes
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Potential dilutive securities (shares)	0	10,713