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	$179B	3.4x	20.6x
Booking Holdings	$167B	6.3x	17.0x
Prosus	$125B	15.4x	157.5x
DoorDash	$88.0B	6.4x	31.7x
Recruit Holdings	$72.4B	3.2x	16.2x
Airbnb	$71.6B	5.9x	16.8x
Carvana	$67.3B	3.4x	29.9x
Meituan	$63.2B	1.2x	-34.1x
Naspers	$44.8B	4.7x	55.6x
Copart	$34.8B	7.5x	17.9x
Expedia Group	$33.6B	2.3x	9.9x
Trip.com Group	$33.4B	3.9x	13.2x
Eternal	$27.8B	5.7x	242.5x
CoStar Group	$26.7B	8.2x	63.5x
Ritchie Bros.	$25.3B	5.6x	18.5x
DiDi	$17.7B	0.5x	15.3x
KE Holdings (Beike)	$16.3B	1.2x	20.9x
KE Holdings	$16.3B	1.2x	21.5x
News Corp	$16.0B	1.9x	10.8x
REA Group	$15.8B	13.5x	23.3x
Zillow	$14.7B	5.7x	23.5x
Grab	$13.6B	4.0x	27.3x
Delivery Hero	$10.5B	0.6x	9.9x
Travel+Leisure	$10.0B	2.5x	10.2x
Swiggy	$9.1B	4.0x	-29.7x
Info Edge	$9.0B	27.6x	70.1x
Instacart	$8.5B	2.3x	7.9x
PB Fintech	$8.3B	12.0x	165.2x
CAR Group	$8.1B	10.0x	17.9x
AUTO1 Group	$8.0B	0.9x	36.5x
Etsy	$7.6B	2.6x	10.5x
Scout24	$7.0B	9.2x	15.1x
MakeMyTrip	$6.8B	6.2x	35.4x
CTS Eventim	$6.7B	1.9x	10.0x
Lyft	$6.7B	1.0x	12.8x
Auto Trader	$6.3B	7.6x	11.4x
BOSS Zhipin	$6.2B	5.4x	11.6x
Stubhub	$6.1B	3.4x	26.7x
Seek	$6.0B	7.9x	18.1x
Tongcheng Travel	$5.8B	2.1x	8.6x
Talabat	$5.6B	1.4x	9.0x
Rightmove	$5.0B	8.8x	12.4x
Inchcape	$4.7B	0.4x	5.2x
IAC	$3.5B	1.5x	13.0x
GoTo	$3.2B	2.9x	27.5x
Rasan	$2.5B	14.6x	37.7x
Upwork	$2.3B	2.9x	10.3x
The RealReal	$2.3B	3.3x	58.8x
TX Group	$2.0B	1.9x	7.9x
Moltiply Group	$2.0B	2.6x	10.1x
Visional	$1.9B	3.5x	12.3x
Getty Images	$1.8B	1.9x	6.2x
Tripadvisor	$1.6B	0.8x	4.8x
Hemnet	$1.6B	9.2x	18.0x
TBO.com	$1.6B	5.9x	37.6x
eFinance	$1.5B	10.4x	21.9x
Alma Media	$1.5B	3.9x	12.8x
ACV Auctions	$1.4B	1.9x	25.2x
WeBuyCars	$1.4B	0.9x	15.1x
Mony Group	$1.3B	2.2x	6.8x
LegalZoom	$1.3B	1.7x	7.6x
CarTrade	$1.3B	15.0x	49.6x
Baltic Classifieds Group	$1.3B	12.2x	15.9x
Trainline	$1.2B	2.0x	5.2x
IndiaMART InterMESH	$1.2B	7.1x	20.2x
Ixigo	$1.1B	8.5x	90.2x
Cars.com	$1.1B	1.5x	5.2x
ATRenew	$1.0B	0.3x	15.7x
Uxin	$1.0B	1.2x	n/a
Wheels Up	$970M	n/a	n/a
Web Travel Group	$953M	3.8x	9.9x
Grupa Pracuj	$942M	4.1x	9.4x
SelectQuote	$937M	0.6x	5.7x
Hypoport	$914M	1.4x	12.2x
Nerdwallet	$878M	1.1x	5.8x
Timee	$837M	3.7x	17.9x
eDreams ODIGEO	$816M	1.0x	4.6x
Shutterstock	$804M	0.8x	2.8x
Maoyan Entertainment	$736M	1.1x	7.5x
EverQuote	$723M	1.1x	7.9x
Angi	$700M	0.7x	5.0x
GoHealth	$681M	1.6x	-9.3x
ThredUp	$675M	2.2x	52.3x
UT Group	$632M	0.6x	9.0x
DIP	$592M	1.6x	6.2x
Stitch Fix	$545M	0.4x	13.0x
Aramis Group	$530M	0.2x	7.2x
eHealth	$495M	0.9x	6.6x
Socar	$462M	1.4x	5.5x
BinBin	$454M	n/a	n/a
GA technologies	$433M	0.3x	5.0x
Bengo4.com	$416M	4.2x	22.4x
Rent the Runway	$401M	1.3x	8.5x
Jiayin Group	$354M	n/a	n/a
Vivid Seats	$329M	0.6x	7.4x
Everyday Network Co.	$304M	n/a	n/a
On The Beach Group	$288M	1.7x	5.1x
HomeToGo	$282M	0.9x	108.6x
ZIGExN	$260M	1.5x	5.5x
Marti Technologies	$249M	7.3x	-14.6x
SunCar Technology	$248M	0.5x	17.4x
One Career	$247M	5.1x	n/a
Yatra India Ltd.	$243M	2.2x	25.9x
EaseMyTrip	$241M	n/a	n/a
Quick Co.	$226M	1.0x	n/a
Inspirato	$221M	0.9x	73.7x
Port Inc.	$216M	1.3x	7.8x
Eventbrite	$211M	0.7x	8.3x
Autostreets Development	$191M	n/a	n/a
Freelance.com	$186M	0.1x	5.6x
Bytetravel	$185M	n/a	n/a
Hostelworld Group	$182M	1.6x	7.9x
So-Young	$181M	0.8x	-7.5x
En	$178M	0.5x	3.7x
Syuppin	$177M	0.5x	n/a
AIX Inc.	$164M	n/a	n/a
Kamux	$156M	0.2x	5.8x
Vocento	$152M	0.4x	7.8x
SharingTechnology	$147M	2.6x	n/a
YES24	$143M	n/a	n/a
1stdibs.com	$139M	1.5x	-46.3x
TrueCar	$133M	0.7x	-45.7x
Freetrailer Group	$126M	n/a	n/a
Rakumachi	$125M	6.3x	n/a
Lifull	$120M	0.7x	n/a
Gakujo	$116M	1.6x	n/a
BuildDirect	$116M	n/a	n/a
Dida	$115M	n/a	n/a
OpenWork	$99.3M	n/a	n/a
MarkLines	$96.5M	2.7x	n/a
trivago	$94.3M	0.1x	5.9x
Getaround	$90.8M	n/a	n/a
Ten Lifestyle Group	$89.2M	1.0x	4.5x
lastminute.com	$88.1M	0.2x	1.5x
Yatra India Inc.	$87.6M	0.8x	13.2x
Airtasker	$87.6M	2.3x	-9.0x
hipages Group	$83.9M	1.5x	6.4x
Temairazu	$78.4M	5.4x	n/a
Frontier Digital Ventures	$77.7M	1.8x	17.4x
Nerdy	$76.2M	0.4x	-3.7x
Saramin	$70.4M	n/a	n/a
Méliuz	$66.4M	0.8x	5.0x
Livero	$64.3M	2.3x	11.3x
Cheche Group	$58.3M	n/a	n/a
WM Tech	$56.0M	0.3x	1.5x
Freelancer	$55.4M	1.5x	9.7x
Enechange	$53.2M	1.6x	n/a
Gurunavi	$53.0M	0.6x	n/a
OpenDoor Inc.	$52.5M	3.5x	n/a
CrowdWorks	$51.6M	0.4x	4.7x
Articore Group	$50.4M	0.2x	5.7x
ReAlpha Tech	$47.8M	9.2x	-4.4x
Autoserver	$46.5M	n/a	n/a
Autopedia Sukses Lestari	$46.5M	n/a	n/a
My Food Bag	$43.0M	0.4x	4.7x
Coconala	$42.2M	0.7x	n/a
RIDE ON EXPRESS Holdings	$40.3M	0.3x	n/a
Rent.com.au	$40.2M	18.4x	n/a
Ohmyhome	$39.5M	3.7x	-17.3x
Giftify	$36.7M	0.4x	-27.4x
Wantedly	$31.5M	1.0x	n/a
Felix.net	$28.6M	4.0x	-11.7x
MoneyHero	$27.5M	0.4x	-5.1x
Token Cat	$27.0M	n/a	n/a
Meatbox Global	$25.2M	n/a	n/a
naoo	$24.8M	2.2x	-7.1x
Artmarket.com	$24.2M	n/a	n/a
Adventure Inc.	$22.7M	0.1x	n/a
AirTrip	$21.8M	0.1x	n/a
Camplify	$20.4M	0.7x	-7.8x
RMA Global	$20.3M	1.5x	-21.7x
Swvl	$19.6M	n/a	n/a
Rebase	$18.9M	1.4x	n/a
AirCloset	$16.9M	0.5x	n/a
Quhuo	$14.3M	n/a	n/a
VELTRA	$11.1M	n/a	n/a
ASMALLWORLD	$9.9M	0.4x	8.0x
SosTravel.com	$8.8M	0.4x	758.7x
MyHotelMatch	$3.7M	n/a	n/a
Ethero	$2.4M	n/a	n/a
Enjoei	$2.1M	n/a	n/a
Oriental Culture Holding	-$20.7M	n/a	n/a
North Media	-$45.2M	n/a	n/a
Tuniu	-$57.3M	n/a	n/a
Demae-Can	-$71.1M	-0.3x	n/a
Multitude	-$132M	-0.5x	-1.2x