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	$197B	3.9x	23.4x
Booking Holdings	$159B	6.1x	16.6x
Prosus	$153B	21.1x	230.1x
DoorDash	$99.9B	7.6x	37.7x
Airbnb	$65.9B	5.5x	15.6x
Recruit Holdings	$64.7B	2.8x	14.5x
Meituan	$64.3B	1.3x	62.0x
Naspers	$53.8B	6.8x	72.2x
Carvana	$46.8B	2.5x	22.1x
Trip.com Group	$41.0B	4.9x	15.5x
Copart	$34.0B	7.2x	17.3x
Eternal	$30.7B	7.1x	275.4x
CoStar Group	$29.1B	9.2x	73.7x
Expedia Group	$26.3B	1.8x	8.2x
Ritchie Bros.	$22.0B	4.9x	16.4x
DiDi	$18.7B	0.6x	15.1x
Grab	$18.3B	5.5x	39.0x
REA Group	$18.0B	15.9x	27.5x
Zillow	$16.3B	6.5x	27.0x
KE Holdings	$15.8B	1.1x	18.4x
KE Holdings (Beike)	$15.6B	1.1x	18.1x
News Corp	$15.6B	1.8x	10.6x
Swiggy	$10.0B	4.6x	-32.3x
Travel+Leisure	$9.4B	2.4x	9.7x
CAR Group	$9.3B	11.9x	21.2x
Info Edge	$9.2B	28.2x	70.7x
Delivery Hero	$9.1B	0.6x	8.9x
PB Fintech	$8.9B	13.2x	210.6x
Auto Trader	$8.8B	10.8x	16.2x
Stubhub	$8.4B	n/a	n/a
Scout24	$8.3B	11.3x	18.5x
MakeMyTrip	$8.2B	7.5x	43.4x
AUTO1 Group	$7.9B	0.9x	40.0x
Instacart	$7.7B	2.1x	7.4x
BOSS Zhipin	$7.5B	6.6x	14.8x
Lyft	$7.1B	1.1x	14.2x
CTS Eventim	$7.0B	2.0x	10.6x
Seek	$6.9B	9.3x	21.6x
Rightmove	$6.7B	12.1x	17.1x
Tongcheng Travel	$5.4B	2.0x	8.9x
Talabat	$5.4B	n/a	n/a
Just Eat Takeaway.com	$5.0B	1.2x	11.5x
Inchcape	$4.4B	0.4x	5.0x
GoTo	$3.0B	2.8x	33.1x
IAC	$3.0B	1.1x	10.5x
Openlane	$2.7B	1.4x	8.4x
Moltiply Group	$2.4B	3.2x	12.5x
TX Group	$2.3B	2.0x	8.8x
Hemnet	$2.2B	12.8x	25.0x
Visional	$2.1B	3.9x	13.6x
Rasan	$2.1B	13.6x	40.2x
Getty Images	$2.0B	2.2x	7.1x
Upwork	$1.9B	2.4x	8.7x
Baltic Classifieds Group	$1.8B	18.5x	23.8x
Tripadvisor	$1.8B	1.0x	5.5x
TBO.com	$1.7B	6.9x	43.5x
LegalZoom	$1.6B	2.2x	9.9x
The RealReal	$1.6B	2.4x	55.8x
Trainline	$1.5B	n/a	n/a
Alma Media	$1.5B	n/a	n/a
CarTrade	$1.5B	17.6x	60.0x
Mony Group	$1.4B	n/a	n/a
IndiaMART InterMESH	$1.4B	8.2x	22.9x
ACV Auctions	$1.4B	1.8x	24.3x
eDreams ODIGEO	$1.3B	1.5x	6.3x
Wheels Up	$1.2B	n/a	n/a
Ixigo	$1.2B	9.1x	98.3x
WeBuyCars	$1.2B	n/a	n/a
Cars.com	$1.1B	1.5x	5.1x
Grupa Pracuj	$1.0B	4.7x	10.5x
eFinance	$1.0B	n/a	n/a
Hypoport	$1.0B	1.4x	14.1x
ThredUp	$992M	3.3x	80.8x
SelectQuote	$983M	0.6x	5.3x
Shutterstock	$942M	0.9x	3.4x
Uxin	$865M	1.1x	n/a
Timee	$862M	3.8x	18.3x
Nerdwallet	$853M	1.1x	6.6x
Web Travel Group	$842M	3.5x	9.3x
Aramis Group	$792M	0.3x	10.5x
Maoyan Entertainment	$780M	1.2x	9.8x
EverQuote	$749M	1.2x	8.7x
GoHealth	$675M	0.8x	5.4x
Angi	$647M	0.6x	4.6x
ATRenew	$630M	0.2x	n/a
DIP	$600M	1.6x	5.9x
UT Group	$559M	0.5x	7.3x
GA technologies	$555M	0.4x	6.7x
eHealth	$498M	0.9x	7.4x
Rent the Runway	$484M	1.6x	10.3x
On The Beach Group	$453M	2.6x	7.9x
Socar	$436M	1.3x	6.0x
Stitch Fix	$436M	0.3x	9.5x
Jiayin Group	$432M	n/a	n/a
Bengo4.com	$407M	4.0x	22.6x
So-Young	$328M	1.5x	-13.0x
Vivid Seats	$328M	0.5x	5.2x
EaseMyTrip	$301M	n/a	n/a
Everyday Network Co.	$292M	n/a	n/a
Autostreets Development	$286M	n/a	n/a
ZIGExN	$281M	1.6x	6.0x
Marti Technologies	$274M	8.6x	-15.9x
One Career	$256M	5.4x	n/a
Yatra India Ltd.	$248M	2.5x	30.2x
SunCar Technology	$237M	0.5x	15.5x
Bytetravel	$214M	n/a	n/a
Port Inc.	$203M	1.2x	7.5x
Inspirato	$199M	0.8x	124.0x
Hostelworld Group	$198M	1.8x	8.5x
Syuppin	$191M	0.6x	n/a
En	$190M	0.5x	3.8x
Quick Co.	$185M	0.9x	n/a
Dida	$166M	n/a	n/a
Freelance.com	$164M	0.1x	4.6x
Kamux	$163M	0.2x	5.9x
Vocento	$140M	0.4x	8.2x
YES24	$140M	n/a	n/a
Rakumachi	$140M	6.8x	n/a
Lifull	$137M	n/a	n/a
MarkLines	$135M	3.5x	n/a
Frontier Digital Ventures	$122M	2.7x	25.9x
SharingTechnology	$120M	2.1x	n/a
trivago	$115M	0.2x	8.3x
lastminute.com	$113M	0.3x	2.0x
TrueCar	$112M	0.6x	-50.0x
hipages Group	$109M	1.9x	8.0x
Freetrailer Group	$107M	n/a	n/a
Gakujo	$103M	1.4x	n/a
Airtasker	$97.2M	2.7x	-27.5x
BuildDirect	$92.2M	1.4x	n/a
OpenWork	$90.9M	4.0x	n/a
Getaround	$90.8M	n/a	n/a
Temairazu	$84.6M	5.8x	n/a
Méliuz	$78.4M	1.0x	7.9x
Saramin	$76.9M	n/a	n/a
CrowdWorks	$76.1M	0.5x	5.4x
WM Tech	$75.2M	0.4x	2.0x
Livero	$72.3M	2.5x	13.6x
ReAlpha Tech	$71.1M	17.0x	-5.9x
Cheche Group	$67.9M	0.2x	-46.9x
Enechange	$67.0M	2.0x	n/a
Nerdy	$66.1M	0.3x	-3.9x
Ten Lifestyle Group	$65.8M	0.7x	3.4x
Yatra India Inc.	$64.4M	0.7x	13.7x
Gurunavi	$59.6M	0.7x	n/a
OpenDoor Inc.	$58.8M	3.8x	n/a
Freelancer	$57.2M	1.6x	10.9x
1stdibs.com	$57.0M	0.6x	-7.3x
BinBin	$54.1M	n/a	n/a
Articore Group	$51.9M	0.2x	6.6x
Autopedia Sukses Lestari	$49.8M	0.9x	9.1x
Autoserver	$46.3M	1.1x	n/a
Adventure Inc.	$44.6M	0.3x	n/a
Coconala	$42.1M	0.7x	n/a
My Food Bag	$40.8M	0.4x	4.4x
HomeToGo	$39.8M	0.1x	3.0x
Mad Paws	$37.9M	6.5x	n/a
Token Cat	$37.0M	n/a	n/a
AirTrip	$36.8M	0.2x	2.1x
RIDE ON EXPRESS Holdings	$36.2M	0.2x	n/a
Giftify	$35.6M	0.4x	-29.1x
Felix.net	$34.8M	6.4x	n/a
Wantedly	$33.5M	1.0x	n/a
Meatbox Global	$33.1M	0.4x	7.0x
Artmarket.com	$32.0M	n/a	n/a
naoo	$30.9M	n/a	n/a
Rent.com.au	$29.4M	13.7x	n/a
Ohmyhome	$27.4M	3.3x	-11.0x
Rebase	$27.4M	2.0x	n/a
Oriental Culture Holding	$26.6M	n/a	n/a
Swvl	$25.7M	n/a	n/a
MoneyHero	$23.3M	0.3x	-3.6x
AirCloset	$21.4M	0.7x	n/a
VELTRA	$18.0M	0.6x	n/a
Quhuo	$13.9M	n/a	n/a
RMA Global	$12.9M	0.8x	-104.6x
Camplify	$10.4M	0.4x	-2.8x
ASMALLWORLD	$10.4M	0.4x	7.9x
SosTravel.com	$8.0M	0.3x	61.3x
EPWK Holdings	$7.6M	n/a	n/a
Ethero	$4.8M	n/a	n/a
MyHotelMatch	$3.8M	n/a	n/a
Enjoei	-$1.1M	-0.0x	-0.9x
AIX Inc.	-$10.5M	n/a	n/a
Eventbrite	-$26.7M	-0.1x	-1.2x
North Media	-$42.2M	n/a	n/a
Tuniu	-$55.8M	-0.7x	-4.7x
Multitude	-$74.9M	-0.3x	-0.9x
Demae-Can	-$77.3M	-0.3x	n/a