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Deliveries is growing rapidly +203% CAGR 0.6 GMV (Pre-InterCo) ($B) +39% CAGR 2018 2.9 5.5 7.5 2019 2020 2021 10.6 14.7 2022 2023 Take rate improvement to reach steady state 15% 6% Adj. Net Revenue (Pre-InterCo) as % GMV 2018 8% 2019 2020 15% 15% 15% 2021 2022 2023 Segment EBITDA¹ (Pre-InterCo) as % Adj. Net Revenue (347%) (478%) 2018 (34%) (2%) 2019 2020 2021 9% 15% 2022 2023 Projected Actual Projected Actual Projected Actual Note: The segment GMV, Adjusted Net Revenue and EBITDA figures shown here are "Pre-InterCo" data, which means such data includes earnings and other amounts from transactions between entities within the group that are eliminated upon consolidation. These figures differ materially from actual segment GMV, Adjusted Net Revenue and EBITDA. See Appendix for a reconciliation. Investors should not place undue reliance on such data. Our 2018, 2019 and 2020 net revenue on which Adjusted Net Revenue is based is subject to an ongoing PCAOB audit 1. Prior to regional costs 37
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