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
Booking Holdings	$176B	6.6x	17.9x
Uber	$173B	3.3x	19.9x
Prosus	$131B	15.9x	163.4x
DoorDash	$99.8B	7.3x	36.1x
Recruit Holdings	$79.6B	3.5x	17.6x
Airbnb	$73.6B	6.0x	17.2x
Meituan	$68.1B	1.3x	-38.7x
Carvana	$65.0B	3.3x	29.0x
Naspers	$47.7B	5.1x	60.1x
Trip.com Group	$40.4B	4.7x	15.9x
Expedia Group	$35.5B	2.4x	10.4x
Copart	$32.9B	7.0x	16.9x
Eternal	$28.0B	5.8x	242.3x
CoStar Group	$27.6B	8.5x	65.9x
Ritchie Bros.	$23.6B	5.1x	17.0x
DiDi	$20.4B	0.6x	17.7x
Grab	$16.2B	4.8x	32.5x
News Corp	$16.1B	1.9x	10.9x
REA Group	$16.1B	13.7x	23.6x
Zillow	$15.7B	6.1x	25.2x
KE Holdings (Beike)	$14.4B	1.1x	18.5x
KE Holdings	$14.4B	1.1x	19.0x
Swiggy	$10.8B	4.7x	-35.0x
Instacart	$10.3B	2.8x	9.6x
Travel+Leisure	$10.0B	2.5x	10.3x
Delivery Hero	$9.8B	0.6x	9.1x
PB Fintech	$9.6B	13.8x	192.5x
Info Edge	$9.4B	28.4x	72.0x
CAR Group	$8.5B	10.4x	18.6x
MakeMyTrip	$8.5B	7.7x	44.2x
AUTO1 Group	$7.7B	0.8x	35.0x
CTS Eventim	$7.3B	2.1x	10.8x
Scout24	$7.3B	9.5x	15.7x
Lyft	$7.1B	1.1x	13.8x
Etsy	$7.1B	2.5x	9.7x
BOSS Zhipin	$6.9B	5.9x	12.8x
Auto Trader	$6.8B	8.0x	12.0x
Seek	$6.2B	8.1x	18.8x
Stubhub	$5.6B	n/a	n/a
Tongcheng Travel	$5.5B	2.0x	8.2x
Talabat	$5.3B	1.4x	8.5x
Rightmove	$5.2B	9.1x	12.9x
Inchcape	$4.6B	0.4x	5.1x
IAC	$3.5B	1.5x	13.1x
GoTo	$3.3B	3.0x	28.3x
Upwork	$2.5B	3.1x	11.0x
Visional	$2.3B	4.1x	14.4x
Rasan	$2.3B	13.2x	34.0x
The RealReal	$2.3B	3.3x	58.3x
TX Group	$2.0B	1.8x	7.7x
Moltiply Group	$2.0B	2.6x	9.8x
TBO.com	$1.9B	7.0x	44.7x
Getty Images	$1.8B	1.9x	6.2x
Hemnet	$1.8B	10.5x	20.6x
Tripadvisor	$1.7B	0.9x	5.2x
LegalZoom	$1.6B	2.1x	9.2x
Alma Media	$1.5B	3.8x	12.5x
ACV Auctions	$1.4B	1.9x	24.7x
CarTrade	$1.4B	16.4x	54.2x
Mony Group	$1.3B	2.2x	6.8x
Trainline	$1.3B	2.1x	5.5x
WeBuyCars	$1.3B	0.8x	13.7x
Baltic Classifieds Group	$1.3B	12.3x	16.0x
eFinance	$1.2B	n/a	n/a
Ixigo	$1.2B	9.1x	97.5x
IndiaMART InterMESH	$1.2B	7.0x	19.9x
Cars.com	$1.1B	1.6x	5.4x
Hypoport	$1.1B	1.7x	14.7x
Uxin	$1.0B	1.2x	n/a
Web Travel Group	$1.0B	4.1x	10.6x
Nerdwallet	$954M	1.2x	6.3x
Grupa Pracuj	$908M	3.9x	9.0x
eDreams ODIGEO	$903M	1.1x	5.0x
ATRenew	$895M	0.3x	n/a
SelectQuote	$895M	0.6x	5.4x
Wheels Up	$830M	n/a	n/a
Timee	$828M	3.6x	17.5x
EverQuote	$817M	1.2x	9.0x
ThredUp	$783M	2.5x	60.9x
Shutterstock	$778M	0.8x	2.7x
Angi	$703M	0.7x	5.0x
Maoyan Entertainment	$696M	1.0x	7.2x
GoHealth	$678M	1.5x	-9.5x
DIP	$623M	1.7x	6.4x
Stitch Fix	$539M	0.4x	12.8x
Aramis Group	$533M	0.2x	7.1x
eHealth	$514M	0.9x	6.9x
GA technologies	$512M	0.3x	5.9x
BinBin	$476M	n/a	n/a
Socar	$454M	1.4x	5.4x
Rent the Runway	$443M	1.4x	9.5x
Bengo4.com	$439M	4.3x	23.4x
Vivid Seats	$331M	0.6x	7.2x
On The Beach Group	$326M	1.9x	5.7x
Jiayin Group	$318M	n/a	n/a
Yatra India Ltd.	$294M	2.6x	31.1x
EaseMyTrip	$288M	n/a	n/a
Everyday Network Co.	$282M	n/a	n/a
ZIGExN	$271M	1.5x	5.6x
One Career	$263M	5.4x	n/a
Marti Technologies	$261M	7.7x	-15.3x
SunCar Technology	$255M	0.5x	17.9x
Quick Co.	$233M	1.1x	n/a
Port Inc.	$222M	1.4x	7.9x
Inspirato	$220M	0.9x	75.9x
Eventbrite	$209M	0.7x	8.2x
En	$198M	0.5x	4.1x
Bytetravel	$197M	n/a	n/a
Hostelworld Group	$194M	1.7x	8.3x
So-Young	$192M	0.9x	-7.8x
HomeToGo	$180M	0.6x	65.0x
Syuppin	$175M	0.5x	n/a
Freelance.com	$169M	0.1x	5.0x
Autostreets Development	$166M	n/a	n/a
Kamux	$157M	0.2x	5.7x
SharingTechnology	$151M	2.6x	n/a
Vocento	$149M	0.4x	7.6x
YES24	$148M	n/a	n/a
1stdibs.com	$143M	1.6x	-45.9x
Rakumachi	$130M	6.4x	n/a
Lifull	$127M	0.7x	n/a
Gakujo	$119M	1.6x	n/a
Freetrailer Group	$117M	n/a	n/a
TrueCar	$116M	0.6x	-40.5x
hipages Group	$103M	1.8x	7.8x
trivago	$100M	0.2x	6.3x
MarkLines	$100.0M	2.8x	n/a
OpenWork	$99.3M	4.4x	n/a
Airtasker	$96.0M	2.5x	-10.0x
BuildDirect	$95.0M	1.4x	n/a
Yatra India Inc.	$93.9M	0.9x	14.3x
Ten Lifestyle Group	$92.7M	1.0x	4.6x
Getaround	$90.8M	n/a	n/a
Nerdy	$86.1M	0.5x	-4.2x
Dida	$80.5M	n/a	n/a
Temairazu	$80.3M	5.5x	n/a
Saramin	$76.5M	n/a	n/a
Frontier Digital Ventures	$73.6M	1.7x	16.5x
lastminute.com	$67.0M	0.2x	1.1x
Méliuz	$65.9M	0.8x	5.1x
Livero	$63.1M	2.2x	11.0x
Freelancer	$61.6M	1.7x	10.8x
Cheche Group	$60.4M	0.1x	-208.3x
WM Tech	$58.8M	0.3x	1.6x
Gurunavi	$56.6M	0.7x	n/a
CrowdWorks	$55.4M	0.4x	4.9x
Enechange	$55.0M	1.7x	n/a
ReAlpha Tech	$52.1M	10.2x	-4.2x
OpenDoor Inc.	$50.1M	3.3x	n/a
Autoserver	$43.8M	1.1x	n/a
My Food Bag	$42.2M	0.4x	4.5x
Autopedia Sukses Lestari	$40.8M	0.8x	7.5x
Articore Group	$40.7M	0.2x	4.6x
RIDE ON EXPRESS Holdings	$39.3M	0.3x	n/a
Rent.com.au	$37.3M	17.0x	n/a
Coconala	$37.0M	0.6x	n/a
Giftify	$36.0M	0.4x	-26.6x
Felix.net	$32.6M	4.6x	-13.3x
Wantedly	$31.9M	1.0x	n/a
MoneyHero	$29.4M	0.4x	-5.2x
naoo	$28.6M	n/a	n/a
Meatbox Global	$26.9M	0.4x	5.9x
Artmarket.com	$24.8M	n/a	n/a
Adventure Inc.	$22.8M	0.1x	n/a
AirTrip	$21.2M	0.1x	1.2x
Rebase	$20.1M	1.5x	n/a
Token Cat	$19.8M	n/a	n/a
RMA Global	$18.1M	1.3x	-19.3x
AirCloset	$16.0M	0.5x	n/a
Ohmyhome	$15.5M	1.5x	-6.8x
Quhuo	$14.4M	n/a	n/a
Swvl	$14.3M	n/a	n/a
Camplify	$13.0M	0.5x	-4.8x
ASMALLWORLD	$8.8M	0.4x	6.9x
VELTRA	$8.4M	0.3x	n/a
SosTravel.com	$7.6M	0.3x	367.2x
MyHotelMatch	$3.7M	n/a	n/a
Ethero	$3.2M	n/a	n/a
Enjoei	$2.4M	0.1x	1.2x
AIX Inc.	-$9.4M	n/a	n/a
Oriental Culture Holding	-$19.1M	n/a	n/a
North Media	-$49.5M	n/a	n/a
Tuniu	-$51.5M	-0.7x	-2.8x
UT Group	-$78.9M	-0.1x	-1.1x
Demae-Can	-$89.1M	-0.4x	n/a
Multitude	-$142M	-0.5x	-1.3x