DoorDash, Inc.

Hello, my name is Jean-Louis. Welcome to the DoorDash Q1 2023 earnings 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 1 on your telephone keypad. If you would like to withdraw your question, again, press star 1. I will now turn the conference over to Andy Hargraves. Please go ahead.

Hi, Jean-Louis. Good afternoon, everyone, and thanks for joining us for our first quarter 2023 earnings call. I'm very pleased to be joined today by co-founder, chair, and CEO, Tony Hsu, and CFO, Ravi Enukonda. We'll be making forward-looking statements during today's call, including our expectations for our business, financial position, operating performance, market guidance strategies, our investment approach, alignment with merchants and dashers, and the consumer spending environment. Forward-looking statements, are subject to risks and uncertainties that could cause actual results to differ materially from those described. Many of these uncertainties are described in our SEC filings, including our Form 10-Ks and 10-Qs. We 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'll discuss certain non-GAAP financial measures, Information regarding our non-GAAP financial measures, including our reconciliation of the non-GAAP measures to the most directly comparable GAAP measures, may be found in our letters 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 is being audio webcasted on our IR website. A replay of the call will be available on our website shortly after the call ends. Jean-Louis, I'll pass it back to you, and we can take our first question.

Again, I remind you if you'd like to ask a question, press star 1 on your telephone keypad. Your first question comes from the line of... Go ahead.