Vertical Marketplaces Valuation Multiples and Public Comps

Vertical Marketplaces

See analyst estimates and all valuation multiples for Vertical Marketplaces

Company	EV	EV/LTM Revenue	EV/LTM EBITDA
Uber	$199B	3.9x	23.6x
Booking Holdings	$168B	6.4x	17.4x
Prosus	$157B	21.4x	231.6x
DoorDash	$83.1B	6.2x	31.3x
Recruit Holdings	$73.3B	3.2x	16.3x
Airbnb	$64.1B	5.3x	15.1x
Meituan	$63.3B	1.2x	105.1x
Naspers	$54.0B	6.7x	71.8x
Carvana	$48.0B	2.5x	22.5x
Trip.com Group	$43.0B	5.1x	16.2x
Copart	$35.6B	7.5x	18.0x
Expedia Group	$33.1B	2.3x	9.9x
Eternal	$29.9B	6.8x	266.3x
CoStar Group	$28.5B	9.0x	71.6x
Ritchie Bros.	$22.9B	5.1x	16.8x
DiDi	$20.8B	0.7x	17.9x
Grab	$18.9B	5.7x	39.8x
REA Group	$16.9B	15.1x	26.1x
News Corp	$16.4B	1.9x	11.2x
KE Holdings	$16.1B	1.2x	19.4x
Zillow	$15.9B	6.3x	26.2x
KE Holdings (Beike)	$15.7B	1.1x	18.7x
Swiggy	$9.5B	4.3x	-30.7x
Travel+Leisure	$9.5B	2.4x	9.8x
Info Edge	$9.3B	28.3x	71.2x
Lyft	$9.1B	1.4x	18.1x
CAR Group	$9.0B	11.5x	20.6x
PB Fintech	$8.8B	13.0x	201.3x
Stubhub	$8.7B	n/a	n/a
Instacart	$8.7B	2.4x	8.2x
Delivery Hero	$8.4B	0.5x	8.2x
Auto Trader	$8.0B	9.8x	14.8x
MakeMyTrip	$7.9B	7.2x	41.9x
BOSS Zhipin	$7.6B	6.7x	14.9x
AUTO1 Group	$7.5B	0.8x	37.4x
CTS Eventim	$7.5B	2.2x	11.4x
Scout24	$7.4B	10.1x	16.5x
Seek	$6.6B	8.9x	20.8x
Tongcheng Travel	$5.8B	2.2x	9.5x
Rightmove	$5.6B	10.2x	14.4x
Just Eat Takeaway.com	$5.0B	1.1x	10.9x
Talabat	$4.9B	1.3x	8.1x
Inchcape	$4.5B	0.4x	5.0x
GoTo	$3.2B	3.0x	31.7x
IAC	$3.1B	1.2x	10.9x
Openlane	$2.7B	1.4x	8.1x
Moltiply Group	$2.3B	3.1x	11.9x
TX Group	$2.2B	1.9x	8.3x
Visional	$2.2B	3.9x	13.7x
Rasan	$2.1B	13.5x	36.2x
The RealReal	$2.0B	3.0x	57.5x
Upwork	$2.0B	2.5x	9.0x
Getty Images	$1.9B	2.0x	6.6x
Hemnet	$1.9B	11.8x	23.0x
Tripadvisor	$1.8B	0.9x	5.4x
TBO.com	$1.7B	6.7x	42.3x
CarTrade	$1.6B	19.5x	66.3x
LegalZoom	$1.6B	2.2x	9.6x
Trainline	$1.5B	2.6x	6.9x
Alma Media	$1.5B	4.0x	13.1x
Baltic Classifieds Group	$1.5B	14.6x	18.8x
Mony Group	$1.4B	2.4x	7.3x
IndiaMART InterMESH	$1.4B	8.2x	22.9x
Ixigo	$1.3B	10.3x	110.4x
eDreams ODIGEO	$1.3B	1.5x	6.4x
Wheels Up	$1.2B	n/a	n/a
eFinance	$1.1B	n/a	n/a
WeBuyCars	$1.1B	n/a	n/a
Cars.com	$1.1B	1.5x	5.1x
Grupa Pracuj	$1.0B	4.6x	10.3x
Nerdwallet	$1.0B	1.2x	6.9x
Hypoport	$987M	1.4x	13.5x
ThredUp	$938M	3.1x	75.9x
Timee	$934M	4.1x	19.6x
SelectQuote	$928M	0.6x	5.2x
ACV Auctions	$901M	1.2x	16.6x
Web Travel Group	$884M	3.7x	9.8x
Shutterstock	$875M	0.9x	3.1x
Maoyan Entertainment	$868M	1.4x	10.7x
Aramis Group	$814M	0.3x	10.8x
Uxin	$812M	1.0x	n/a
EverQuote	$764M	1.2x	8.8x
ATRenew	$674M	0.2x	n/a
GoHealth	$657M	0.8x	5.3x
Angi	$639M	0.6x	4.5x
DIP	$613M	1.6x	6.1x
GA technologies	$588M	0.4x	7.0x
UT Group	$564M	0.5x	7.3x
eHealth	$510M	0.9x	7.3x
Rent the Runway	$488M	1.6x	10.4x
On The Beach Group	$444M	2.6x	7.7x
Jiayin Group	$436M	n/a	n/a
Socar	$435M	1.3x	6.0x
Stitch Fix	$433M	0.3x	9.5x
Bengo4.com	$427M	4.2x	23.4x
BinBin	$424M	n/a	n/a
Vivid Seats	$362M	0.6x	6.1x
Yatra India Ltd.	$337M	3.3x	40.1x
Everyday Network Co.	$309M	n/a	n/a
EaseMyTrip	$300M	n/a	n/a
ZIGExN	$289M	1.6x	6.2x
So-Young	$282M	1.3x	-11.6x
Autostreets Development	$270M	n/a	n/a
One Career	$267M	5.6x	n/a
Marti Technologies	$263M	8.2x	-15.3x
SunCar Technology	$233M	0.5x	15.6x
Hostelworld Group	$217M	2.0x	9.4x
Port Inc.	$207M	1.2x	7.6x
Quick Co.	$205M	1.0x	n/a
En	$202M	0.5x	4.1x
Inspirato	$196M	0.8x	109.7x
Bytetravel	$194M	n/a	n/a
Syuppin	$186M	0.5x	n/a
Dida	$181M	n/a	n/a
Freelance.com	$157M	0.1x	4.6x
Kamux	$152M	0.1x	5.5x
Rakumachi	$145M	7.0x	n/a
Vocento	$141M	0.4x	7.8x
YES24	$141M	n/a	n/a
MarkLines	$135M	3.4x	n/a
Lifull	$129M	0.7x	n/a
trivago	$123M	0.2x	8.4x
SharingTechnology	$123M	2.2x	n/a
Frontier Digital Ventures	$111M	2.5x	23.4x
Freetrailer Group	$110M	n/a	n/a
TrueCar	$109M	0.6x	-46.5x
1stdibs.com	$107M	1.2x	-28.9x
Gakujo	$105M	1.5x	n/a
hipages Group	$105M	1.9x	7.7x
Getaround	$90.8M	n/a	n/a
BuildDirect	$89.8M	1.4x	n/a
OpenWork	$89.4M	3.9x	n/a
Airtasker	$87.6M	2.4x	-19.4x
lastminute.com	$83.4M	0.2x	1.5x
Temairazu	$79.6M	5.4x	n/a
CrowdWorks	$79.1M	0.5x	5.6x
Yatra India Inc.	$78.8M	0.7x	13.0x
Saramin	$77.4M	n/a	n/a
Livero	$74.8M	2.6x	13.9x
Méliuz	$72.9M	0.9x	6.8x
Ten Lifestyle Group	$70.1M	0.8x	3.6x
Cheche Group	$67.8M	0.2x	-52.8x
ReAlpha Tech	$67.2M	15.7x	-5.7x
WM Tech	$67.1M	0.4x	1.8x
Enechange	$61.9M	1.8x	n/a
Gurunavi	$60.5M	0.7x	n/a
Freelancer	$59.7M	1.7x	11.4x
Nerdy	$57.3M	0.3x	-2.8x
OpenDoor Inc.	$53.5M	3.5x	n/a
Autoserver	$47.4M	1.2x	n/a
Eventbrite	$45.6M	0.2x	1.8x
Coconala	$44.7M	0.7x	n/a
Articore Group	$43.5M	0.2x	5.5x
My Food Bag	$42.2M	0.5x	4.6x
Autopedia Sukses Lestari	$41.7M	0.8x	7.7x
Adventure Inc.	$39.3M	0.2x	n/a
HomeToGo	$38.2M	0.1x	3.6x
Giftify	$37.9M	0.5x	-25.4x
Token Cat	$36.8M	n/a	n/a
RIDE ON EXPRESS Holdings	$36.4M	0.2x	n/a
AirTrip	$36.3M	0.2x	2.0x
Wantedly	$35.2M	1.1x	n/a
Meatbox Global	$32.7M	0.4x	7.0x
Felix.net	$32.6M	5.0x	-13.5x
naoo	$31.7M	n/a	n/a
Artmarket.com	$31.3M	n/a	n/a
Oriental Culture Holding	$29.6M	n/a	n/a
MoneyHero	$28.5M	0.3x	-4.9x
Rent.com.au	$27.9M	13.2x	n/a
Rebase	$27.1M	2.0x	n/a
Ohmyhome	$26.5M	3.2x	-10.6x
Swvl	$26.4M	n/a	n/a
VELTRA	$19.3M	0.7x	n/a
AirCloset	$19.0M	0.6x	n/a
Quhuo	$14.4M	n/a	n/a
Camplify	$12.9M	0.5x	-3.6x
RMA Global	$12.0M	0.8x	-149.0x
ASMALLWORLD	$10.4M	0.4x	8.0x
SosTravel.com	$7.9M	0.3x	69.1x
EPWK Holdings	$6.7M	n/a	n/a
Ethero	$4.7M	n/a	n/a
MyHotelMatch	$3.8M	n/a	n/a
Enjoei	$2.0M	0.0x	1.6x
AIX Inc.	-$14.5M	n/a	n/a
North Media	-$45.7M	n/a	n/a
Tuniu	-$58.5M	-0.7x	-4.9x
Multitude	-$73.2M	-0.3x	-0.9x
Demae-Can	-$78.2M	-0.3x	n/a