The company sold delivery service Caviar to DoorDash in 2019 in a $410 million cash-and-stock deal. It also acquired Afterpay in 2021 for $29 billion, its largest acquisition ever. Afterpay has struggled since the deal announcement, posting successive quarters of losses throughout 2022. Dorsey said in his note to shareholders that integrating Afterpay more tightly into Cash App and using it to power Cash App's buy-now, pay-later technology were two focuses for 2024.