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Related party transactions
9 Months Ended
Sep. 30, 2024
Related Party Transactions [Abstract]  
Related party transactions
9. Related party transactions
Naspers Ltd. (“Naspers”), through an investment entity controlled by Prosus N.V. (“Prosus”), beneficially owns more than 5% of the Company’s outstanding capital stock. A current member of the Company’s Board of Directors is an executive of a Prosus operating subsidiary, OLX Global B.V. A former member of the Company’s Board of Directors, who resigned in September 2022, was an executive officer of Prosus. Naspers and certain entities directly and indirectly controlled by Naspers are customers of the Company’s Enterprise subscription offering.
Insight Partners (“Insight”), where a member of the Company’s Board of Directors is a Managing Director, has certain affiliates who are customers of the Company’s Enterprise subscription offering. Insight Partners is also affiliated with certain vendors that the Company has contracted to provide technology and software solutions.
Certain members of the Company’s Board of Directors also serve as executive officers for customers of the Company’s Enterprise subscription offering.
The following tables summarize the Company’s related party transactions (in millions):
Three Months Ended September 30,Nine Months Ended September 30,
2024202320242023
Revenue recognized from services provided to customers
Naspers and affiliates$0.5 $0.7 $1.3 $1.4 
Insight and affiliates0.1 0.5 0.5 0.5 
Companies affiliated with Board members0.1 0.1 0.3 0.3 
Expense recognized from services provided by vendors
Insight and affiliates0.2 0.3 0.6 0.6 

September 30,December 31,
20242023
Amounts in accounts receivable
Naspers and affiliates$0.2 immaterial
Insight and affiliates— $0.2 
Companies affiliated with Board members— 0.4 
Amounts in accounts payable and accrued expenses and other current liabilities
Insight and affiliates— immaterial