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	$211B	4.3x	26.1x
Booking Holdings	$182B	7.1x	19.7x
Prosus	$141B	20.5x	253.0x
DoorDash	$109B	8.7x	43.1x
Recruit Holdings	$79.8B	3.3x	17.2x
Airbnb	$64.6B	5.5x	15.5x
Meituan	$59.4B	1.2x	22.9x
Carvana	$54.2B	3.1x	27.8x
Naspers	$50.6B	6.5x	75.3x
Trip.com Group	$42.5B	5.2x	16.5x
Copart	$41.3B	8.8x	21.3x
CoStar Group	$34.9B	11.5x	101.5x
Eternal	$32.7B	10.5x	278.2x
Expedia Group	$28.0B	2.0x	8.9x
DiDi	$27.1B	0.9x	20.6x
Ritchie Bros.	$25.6B	5.7x	19.0x
KE Holdings	$20.1B	1.4x	21.9x
Zillow	$20.1B	8.1x	34.6x
Grab	$20.0B	6.2x	46.6x
REA Group	$19.6B	17.5x	30.5x
News Corp	$17.9B	2.1x	12.4x
Delivery Hero	$11.3B	0.7x	11.2x
Instacart	$10.7B	2.9x	10.5x
Swiggy	$10.7B	5.2x	-35.8x
CAR Group	$10.2B	13.3x	23.8x
Info Edge	$9.6B	29.6x	73.8x
Scout24	$9.6B	13.1x	21.4x
Travel+Leisure	$9.4B	2.4x	9.8x
Auto Trader	$9.2B	11.2x	16.8x
PB Fintech	$9.1B	14.0x	235.9x
BOSS Zhipin	$8.9B	8.0x	18.4x
MakeMyTrip	$8.8B	8.1x	44.4x
CTS Eventim	$8.3B	2.4x	12.5x
AUTO1 Group	$7.6B	0.9x	40.6x
Rightmove	$7.5B	13.4x	18.9x
Etsy	$7.4B	2.6x	9.9x
Seek	$7.3B	10.0x	23.5x
Lyft	$7.3B	1.2x	15.2x
Talabat	$6.7B	1.9x	11.4x
Tongcheng Travel	$5.6B	2.1x	9.4x
Just Eat Takeaway.com	$5.0B	1.2x	11.4x
Inchcape	$4.1B	0.3x	4.5x
IAC	$3.2B	1.1x	10.4x
Openlane	$3.0B	1.6x	9.6x
GoTo	$2.8B	2.7x	36.3x
Deliveroo	$2.8B	1.0x	12.3x
Visional	$2.6B	4.8x	16.7x
Hemnet	$2.6B	15.0x	28.6x
TX Group	$2.5B	2.2x	12.1x
Moltiply Group	$2.4B	3.4x	13.0x
Tripadvisor	$2.2B	1.2x	6.6x
Getty Images	$2.1B	2.3x	7.4x
Baltic Classifieds Group	$2.1B	20.6x	26.5x
Upwork	$2.0B	2.5x	9.9x
Wheels Up	$1.9B	n/a	n/a
TBO.com	$1.8B	7.6x	46.7x
Rasan	$1.8B	12.6x	37.2x
Trainline	$1.7B	2.9x	7.7x
ACV Auctions	$1.7B	2.3x	29.7x
LegalZoom	$1.7B	2.4x	10.5x
Alma Media	$1.6B	4.3x	14.1x
The RealReal	$1.5B	2.3x	61.1x
Mony Group	$1.5B	2.4x	7.6x
IndiaMART InterMESH	$1.5B	8.8x	24.1x
eDreams ODIGEO	$1.4B	1.7x	7.0x
WeBuyCars	$1.4B	n/a	n/a
ThredUp	$1.3B	4.6x	117.3x
Cars.com	$1.3B	1.7x	5.9x
Ixigo	$1.2B	10.0x	107.5x
Grupa Pracuj	$1.2B	5.4x	11.9x
CarTrade	$1.2B	14.7x	54.5x
Hypoport	$1.2B	1.6x	16.1x
Timee	$1.1B	5.0x	24.5x
SelectQuote	$967M	0.6x	4.9x
Shutterstock	$962M	1.0x	3.6x
Maoyan Entertainment	$942M	1.5x	11.8x
Uxin	$919M	n/a	n/a
Angi	$905M	0.8x	6.3x
Web Travel Group	$879M	3.8x	10.0x
eFinance	$839M	n/a	n/a
Nerdwallet	$781M	1.0x	6.5x
ATRenew	$743M	0.3x	n/a
EverQuote	$742M	1.2x	9.3x
GA technologies	$720M	0.5x	8.8x
DIP	$720M	1.8x	6.5x
Aramis Group	$717M	0.3x	9.9x
GoHealth	$692M	0.9x	5.6x
On The Beach Group	$600M	3.2x	9.8x
Stitch Fix	$592M	0.5x	12.9x
UT Group	$583M	0.5x	7.6x
Jiayin Group	$546M	n/a	n/a
Bengo4.com	$534M	5.2x	29.9x
Socar	$485M	1.4x	7.0x
eHealth	$467M	0.9x	7.1x
Vivid Seats	$363M	0.6x	4.3x
Rent the Runway	$336M	1.1x	7.2x
EaseMyTrip	$328M	n/a	n/a
ZIGExN	$325M	1.8x	6.6x
Autostreets Development	$310M	n/a	n/a
Everyday Network Co.	$305M	n/a	n/a
So-Young	$299M	1.4x	-8.9x
SunCar Technology	$298M	0.6x	22.0x
Yatra India Ltd.	$285M	2.9x	37.7x
One Career	$285M	6.0x	n/a
En Japan	$276M	0.6x	5.3x
Port Inc.	$218M	1.3x	7.9x
Quick Co.	$217M	0.9x	n/a
Syuppin	$202M	0.6x	n/a
Bytetravel	$201M	n/a	n/a
Marti Technologies	$187M	6.3x	-16.4x
Hostelworld Group	$186M	1.7x	7.9x
Freelance.com	$176M	0.1x	4.4x
Lifull	$167M	0.7x	n/a
Kamux	$167M	0.2x	5.8x
Rakumachi	$159M	7.4x	n/a
MarkLines	$157M	3.8x	n/a
SharingTechnology	$151M	2.6x	n/a
trivago	$151M	0.3x	13.0x
YES24	$149M	n/a	n/a
Vocento	$136M	0.3x	8.6x
TrueCar	$128M	0.7x	-79.2x
lastminute.com	$127M	0.3x	2.3x
OpenWork	$124M	5.2x	n/a
Gakujo	$120M	1.5x	n/a
Airtasker	$120M	3.3x	-32.8x
ReAlpha Tech	$112M	30.7x	-10.1x
hipages Group	$112M	2.0x	8.4x
Freetrailer Group	$111M	n/a	n/a
Nerdy	$106M	0.6x	-6.1x
WM Tech	$103M	0.6x	2.7x
Frontier Digital Ventures	$102M	2.2x	24.4x
CrowdWorks	$97.4M	0.8x	8.2x
Getaround	$91.2M	n/a	n/a
Cheche Group	$87.1M	0.2x	-17.1x
Saramin	$87.1M	n/a	n/a
HomeToGo	$86.4M	0.3x	4.3x
Enechange	$85.9M	2.4x	n/a
OpenDoor Inc.	$84.8M	5.2x	n/a
BuildDirect	$82.0M	1.2x	n/a
Dida	$80.9M	n/a	n/a
Gurunavi	$80.7M	0.9x	n/a
Adventure Inc.	$80.3M	n/a	n/a
Temairazu	$78.4M	5.2x	n/a
Méliuz	$78.4M	1.1x	9.9x
Ten Lifestyle Group	$76.1M	0.8x	4.1x
Yatra India Inc.	$71.5M	0.8x	16.3x
Coconala	$63.0M	1.0x	n/a
Livero	$62.2M	2.1x	12.0x
Oriental Culture Holding	$61.2M	n/a	n/a
Freelancer	$60.3M	1.7x	12.3x
AirTrip	$58.5M	0.3x	2.8x
Autopedia Sukses Lestari	$58.1M	1.1x	10.5x
Wantedly	$49.4M	n/a	n/a
Autoserver	$47.3M	1.1x	n/a
Articore Group	$46.9M	0.2x	6.6x
BinBin	$44.8M	n/a	n/a
Meatbox Global	$44.5M	0.6x	9.1x
MoneyHero	$44.0M	0.5x	-3.3x
My Food Bag	$41.8M	0.4x	4.4x
RIDE ON EXPRESS Holdings	$38.3M	0.2x	n/a
Giftify	$36.9M	0.4x	-24.8x
Mad Paws	$36.5M	6.3x	n/a
VELTRA	$34.2M	1.2x	n/a
naoo	$34.0M	n/a	n/a
Felix.net	$31.8M	5.8x	n/a
Rebase	$30.7M	2.4x	n/a
Artmarket.com	$30.6M	n/a	n/a
Swvl	$30.5M	n/a	n/a
Token Cat	$29.5M	n/a	n/a
Ohmyhome	$27.9M	2.8x	-16.8x
AirCloset	$24.7M	0.7x	n/a
EPWK Holdings	$16.3M	n/a	n/a
RMA Global	$16.0M	1.1x	-36.3x
Eventbrite	$15.8M	0.1x	0.6x
ASMALLWORLD	$15.4M	0.6x	8.9x
Quhuo	$14.9M	n/a	n/a
Entreparticuliers	$14.4M	n/a	n/a
Camplify	$13.2M	0.5x	-2.8x
SosTravel.com	$10.5M	0.4x	12.8x
MyHotelMatch	$4.1M	n/a	n/a
Enjoei	$1.6M	0.0x	1.0x
AIX Inc.	-$3.8M	n/a	n/a
North Media	-$28.6M	n/a	n/a
Tuniu	-$41.0M	-0.5x	-3.2x
Multitude	-$71.6M	-0.3x	-0.9x
Demae-Can	-$77.5M	n/a	n/a