I see they a huge loss of more than 500 million dollars on a healthy 1.2 billion dollars (which is up 37% from last quarter). What did they spend that money on

I see they a huge loss of more than 500 million dollars on a healthy 1.2 billion dollars (which is up 37% from last quarter). What did they spend that money on? Did they invest it in some new stuff or spend it on marketing?