Financial GuidanceDespite Q1 outperformance, FY24 guidance for marketplace GOV, revenue, and adj. EBITDA was maintained, reflecting general prudence around the demand and competitive environments for the balance of the year.
International Expansion CostInvestment in international expansion leads to lower adjusted EBITDA outlook, which may introduce some financial uncertainty in the near term.
Profitability ConcernsDeclining take rate provides uncertainty around competitive intensity, possibly impacting profitability.