DoorDash, Inc.

Thank you for standing by. My name is Heather, and I will be your conference operator today. At this time, I would like to welcome everyone to the Q3 2022 Dash Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star, followed by the number one on your telephone keypad. If you would like to withdraw your question, again, press the star, and then the number one. Thank you. Andy Hargraves, you may begin your conference.

Thanks, Heather. Good afternoon, everyone, and thanks for joining us for our third quarter 2022 earnings call. I'm pleased to be joined today by co-founder, chair, and CEO, Tony Hsu, and CFO for VRA.com. We'll be making forward-looking statements during today's call, including our expectations of our business, the macroeconomic environment, financial position, and operating performance, our market and local commerce opportunities, future financial results and guidance, our strategies, and our investment approach. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those described, and some such risks are described in our risk factors included in our SEC filings, including our 10-Ks and 10-Qs. You should not rely on our forward-looking statements as predictions of future events. We disclaim any obligation to update any forward-looking statements except as required by law. During this call, we will discuss certain non-GAAP financial measures. Information regarding our non-GAAP financial results, including a reconciliation of such non-GAAP results to the most directly comparable GAAP financial measures, may be found in our Letter to Shareholders, which is available on our Investor Relations website. These non-GAAP measures should be considered in addition to our GAAP results and are not intended to be a substitute for our GAAP results. Finally, this call in its entirety is being audio webcast on our Investor Relations website. An audio replay of this call will be available on our website shortly after the call ends. As in previous quarters, we'll go straight to questions. So with that, Heather, please open the line to the first question.

At this time, I would like to remind everyone in order to ask a question, please press star, then the number one on your telephone keypad. We'll pause for just a moment to compile the Q&A roster. Okay, and your first question comes from the line of Ross Sandler with Barclays.