EFTA Document EFTA01377685

S- I/A acquisitions of BookFresh and Caviar and our 2015 acquisitions of FastBite and Kifi. Product Development The following table sets forth our product development expenses for the periods shown: Nine Months Ended September 30, Product development Percentage of total net revenue 2014 2015 S Change % Change (in thousands) (unaudited) $ 104,967 $ 140,452 $ 35,485 34% 18% 16% Product development expenses for the nine months ended September 30, 2015, increased by $35.5 mil