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	$182B	3.6x	21.4x
Booking Holdings	$159B	6.0x	16.4x
Prosus	$132B	17.1x	180.3x
DoorDash	$84.5B	6.3x	31.3x
Recruit Holdings	$69.9B	3.0x	15.6x
Meituan	$67.8B	1.3x	261.7x
Airbnb	$61.5B	5.1x	14.5x
Carvana	$55.9B	2.9x	25.7x
Naspers	$45.6B	5.2x	60.4x
Trip.com Group	$38.1B	4.4x	15.1x
Copart	$32.6B	7.0x	16.7x
Expedia Group	$31.9B	2.2x	9.5x
Eternal	$29.9B	6.6x	265.1x
CoStar Group	$28.4B	8.9x	70.0x
Ritchie Bros.	$22.2B	4.9x	16.3x
DiDi	$20.4B	0.6x	18.2x
Grab	$17.0B	5.1x	35.1x
Zillow	$16.9B	6.6x	27.5x
REA Group	$16.7B	14.7x	25.4x
KE Holdings	$16.3B	1.2x	21.1x
KE Holdings (Beike)	$16.3B	1.2x	20.8x
News Corp	$15.7B	1.8x	10.7x
Travel+Leisure	$9.7B	2.4x	10.0x
Instacart	$9.4B	2.5x	8.9x
CAR Group	$9.3B	11.8x	21.2x
Swiggy	$9.3B	4.2x	-29.9x
PB Fintech	$9.2B	13.4x	199.7x
Info Edge	$9.1B	27.8x	70.5x
Delivery Hero	$8.1B	0.5x	7.8x
CTS Eventim	$7.7B	2.2x	11.6x
Lyft	$7.7B	1.2x	15.1x
BOSS Zhipin	$7.4B	6.5x	14.3x
MakeMyTrip	$7.4B	6.7x	38.7x
Auto Trader	$7.3B	8.9x	13.4x
Scout24	$7.3B	9.8x	16.1x
AUTO1 Group	$6.8B	0.7x	32.7x
Seek	$6.4B	8.6x	20.0x
Rightmove	$5.5B	9.8x	13.8x
Tongcheng Travel	$5.4B	2.0x	8.3x
Stubhub	$5.1B	n/a	n/a
Talabat	$5.0B	1.3x	8.2x
Inchcape	$4.5B	0.4x	5.1x
GoTo	$3.2B	3.0x	30.2x
IAC	$3.1B	1.2x	11.2x
Openlane	$2.6B	1.4x	8.0x
Upwork	$2.3B	2.9x	10.4x
Visional	$2.2B	4.0x	14.3x
Rasan	$2.2B	13.2x	34.3x
Moltiply Group	$2.2B	2.9x	11.3x
TX Group	$2.1B	1.8x	10.3x
The RealReal	$2.0B	3.0x	56.2x
Getty Images	$1.9B	2.0x	6.6x
TBO.com	$1.8B	7.0x	44.4x
Tripadvisor	$1.8B	0.9x	5.4x
Hemnet	$1.7B	10.6x	20.6x
CarTrade	$1.6B	18.7x	63.1x
Baltic Classifieds Group	$1.5B	14.9x	19.2x
LegalZoom	$1.4B	1.9x	8.5x
Trainline	$1.4B	2.4x	6.2x
Alma Media	$1.4B	3.6x	12.0x
ACV Auctions	$1.3B	1.8x	24.3x
Mony Group	$1.3B	2.2x	7.0x
Ixigo	$1.3B	9.7x	104.3x
IndiaMART InterMESH	$1.2B	7.5x	21.1x
WeBuyCars	$1.2B	0.8x	13.6x
Cars.com	$1.1B	1.5x	5.1x
eFinance	$1.1B	n/a	n/a
Hypoport	$1.1B	1.7x	14.4x
Nerdwallet	$1.0B	1.3x	7.0x
Grupa Pracuj	$1.0B	4.5x	10.1x
Web Travel Group	$951M	4.0x	10.3x
ThredUp	$944M	3.1x	75.4x
Timee	$915M	4.1x	19.3x
SelectQuote	$909M	0.6x	5.2x
Wheels Up	$899M	n/a	n/a
Shutterstock	$869M	0.9x	3.0x
eDreams ODIGEO	$868M	1.1x	4.7x
EverQuote	$806M	1.2x	9.1x
Uxin	$796M	0.9x	n/a
ATRenew	$733M	0.3x	n/a
Maoyan Entertainment	$724M	1.1x	8.7x
Aramis Group	$713M	0.3x	9.7x
GoHealth	$689M	1.5x	-40.1x
Angi	$644M	0.6x	4.6x
DIP	$612M	1.7x	6.2x
GA technologies	$569M	0.4x	6.8x
UT Group	$557M	0.5x	7.6x
eHealth	$513M	0.9x	7.2x
Rent the Runway	$507M	1.7x	10.8x
Socar	$456M	1.4x	5.9x
BinBin	$450M	n/a	n/a
Stitch Fix	$429M	0.3x	9.5x
On The Beach Group	$407M	2.4x	7.0x
Bengo4.com	$404M	4.0x	22.2x
Jiayin Group	$368M	n/a	n/a
Everyday Network Co.	$347M	n/a	n/a
Vivid Seats	$338M	0.6x	6.2x
Yatra India Ltd.	$286M	2.6x	31.7x
One Career	$283M	5.9x	n/a
ZIGExN	$277M	1.6x	6.0x
EaseMyTrip	$274M	n/a	n/a
Marti Technologies	$270M	8.3x	-15.8x
SunCar Technology	$252M	0.5x	16.7x
Port Inc.	$216M	1.3x	8.0x
Quick Co.	$210M	1.0x	n/a
So-Young	$208M	1.0x	-7.3x
Inspirato	$201M	0.8x	92.3x
Autostreets Development	$197M	n/a	n/a
En	$194M	0.5x	4.0x
Hostelworld Group	$193M	1.8x	8.4x
Syuppin	$186M	0.6x	n/a
Bytetravel	$183M	n/a	n/a
Freelance.com	$162M	0.1x	4.8x
Dida	$158M	n/a	n/a
Kamux	$150M	0.1x	5.5x
YES24	$148M	n/a	n/a
HomeToGo	$145M	0.5x	39.5x
Vocento	$143M	0.4x	7.7x
SharingTechnology	$139M	2.5x	n/a
Rakumachi	$136M	6.7x	n/a
1stdibs.com	$135M	1.5x	-38.6x
trivago	$114M	0.2x	7.5x
MarkLines	$113M	2.9x	n/a
Lifull	$113M	0.6x	n/a
Nerdy	$113M	0.6x	-5.5x
Freetrailer Group	$109M	n/a	n/a
Gakujo	$105M	1.5x	n/a
hipages Group	$104M	1.8x	7.5x
Frontier Digital Ventures	$102M	2.3x	20.6x
Airtasker	$96.8M	2.6x	-16.7x
TrueCar	$96.1M	0.5x	-38.2x
BuildDirect	$94.0M	1.5x	n/a
Getaround	$90.8M	n/a	n/a
OpenWork	$90.5M	4.0x	n/a
Yatra India Inc.	$83.3M	0.8x	13.3x
Temairazu	$82.1M	5.7x	n/a
Livero	$76.4M	2.6x	14.2x
Ten Lifestyle Group	$75.9M	0.8x	3.9x
Saramin	$75.5M	n/a	n/a
CrowdWorks	$73.4M	0.5x	5.7x
Cheche Group	$69.5M	0.2x	-74.0x
Méliuz	$68.7M	0.9x	6.0x
Freelancer	$60.1M	1.7x	11.2x
Enechange	$59.9M	1.8x	n/a
ReAlpha Tech	$59.5M	13.2x	-4.7x
WM Tech	$56.2M	0.3x	1.5x
Gurunavi	$56.2M	0.7x	n/a
lastminute.com	$56.0M	0.1x	1.0x
OpenDoor Inc.	$45.9M	3.0x	n/a
Autoserver	$44.8M	1.1x	n/a
My Food Bag	$42.8M	0.4x	4.7x
Articore Group	$42.8M	0.2x	5.2x
Rent.com.au	$40.4M	18.9x	n/a
RIDE ON EXPRESS Holdings	$39.1M	0.3x	n/a
Autopedia Sukses Lestari	$38.8M	0.7x	7.1x
Giftify	$37.9M	0.5x	-25.8x
Coconala	$35.8M	0.6x	n/a
Token Cat	$34.8M	n/a	n/a
Oriental Culture Holding	$34.7M	n/a	n/a
Wantedly	$34.0M	1.1x	n/a
naoo	$31.2M	n/a	n/a
Felix.net	$29.9M	4.4x	-12.4x
Adventure Inc.	$29.0M	0.2x	n/a
Meatbox Global	$27.4M	0.4x	5.9x
MoneyHero	$27.4M	0.4x	-3.5x
Artmarket.com	$27.3M	n/a	n/a
Swvl	$23.8M	n/a	n/a
AirTrip	$21.0M	0.1x	1.2x
Ohmyhome	$19.3M	2.3x	-7.7x
AirCloset	$18.2M	0.6x	n/a
Eventbrite	$16.3M	0.1x	0.6x
Rebase	$15.6M	1.1x	n/a
Quhuo	$14.0M	n/a	n/a
Camplify	$12.7M	0.4x	-3.8x
RMA Global	$11.2M	0.7x	1077.2x
ASMALLWORLD	$10.5M	0.4x	8.2x
VELTRA	$10.3M	0.4x	n/a
SosTravel.com	$7.7M	0.3x	93.9x
EPWK Holdings	$6.6M	n/a	n/a
Enjoei	$4.0M	0.1x	3.3x
MyHotelMatch	$3.9M	n/a	n/a
Ethero	$2.6M	n/a	n/a
AIX Inc.	-$29.2M	n/a	n/a
North Media	-$49.2M	n/a	n/a
Tuniu	-$64.9M	-0.9x	-3.6x
Demae-Can	-$78.4M	-0.3x	n/a
Multitude	-$136M	-0.5x	-1.6x