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	$194B	3.8x	22.6x
Booking Holdings	$169B	6.4x	17.3x
Prosus	$128B	16.5x	169.9x
DoorDash	$96.0B	7.1x	35.3x
Recruit Holdings	$71.1B	3.1x	15.8x
Meituan	$65.3B	1.3x	-52.1x
Airbnb	$64.6B	5.3x	15.2x
Carvana	$59.5B	3.0x	27.1x
Naspers	$44.6B	5.0x	57.7x
Trip.com Group	$38.8B	4.5x	15.5x
Expedia Group	$32.6B	2.2x	9.6x
Copart	$32.0B	6.8x	16.4x
Eternal	$28.2B	6.1x	249.0x
CoStar Group	$27.4B	8.5x	66.6x
Ritchie Bros.	$22.6B	4.9x	16.4x
DiDi	$19.4B	0.6x	17.1x
REA Group	$16.8B	14.5x	25.0x
Zillow	$16.4B	6.4x	26.6x
Grab	$16.3B	4.8x	33.4x
KE Holdings	$16.1B	1.2x	21.0x
KE Holdings (Beike)	$16.0B	1.2x	20.5x
News Corp	$15.9B	1.9x	10.8x
Instacart	$10.0B	2.7x	9.4x
Travel+Leisure	$9.7B	2.4x	10.0x
PB Fintech	$9.6B	14.0x	201.4x
Swiggy	$9.4B	4.2x	-30.7x
Info Edge	$9.3B	28.7x	72.6x
Delivery Hero	$9.0B	0.5x	8.5x
CAR Group	$9.0B	11.2x	20.0x
Lyft	$8.3B	1.3x	16.1x
CTS Eventim	$7.6B	2.2x	11.5x
Scout24	$7.4B	9.8x	16.1x
BOSS Zhipin	$7.3B	6.4x	13.9x
MakeMyTrip	$7.2B	6.6x	37.7x
Auto Trader	$7.0B	8.4x	12.6x
AUTO1 Group	$6.9B	0.7x	32.5x
Seek	$6.4B	8.4x	19.5x
Rightmove	$5.4B	9.7x	13.6x
Tongcheng Travel	$5.4B	2.0x	8.2x
Stubhub	$5.4B	n/a	n/a
Talabat	$5.1B	1.4x	8.3x
Inchcape	$4.5B	0.4x	5.1x
GoTo	$3.6B	3.3x	32.6x
IAC	$3.3B	1.3x	11.9x
Openlane	$2.7B	1.4x	8.3x
Upwork	$2.4B	3.0x	10.7x
Rasan	$2.3B	13.5x	35.1x
Visional	$2.2B	4.0x	14.2x
Moltiply Group	$2.1B	2.8x	10.6x
TX Group	$2.1B	1.8x	9.9x
The RealReal	$2.0B	2.9x	53.4x
Getty Images	$1.9B	2.0x	6.4x
Tripadvisor	$1.8B	1.0x	5.6x
Hemnet	$1.7B	10.5x	20.5x
TBO.com	$1.7B	6.7x	42.8x
LegalZoom	$1.4B	1.9x	8.6x
Alma Media	$1.4B	3.7x	12.1x
CarTrade	$1.4B	16.5x	55.4x
ACV Auctions	$1.4B	1.8x	24.8x
Mony Group	$1.3B	2.2x	6.8x
WeBuyCars	$1.3B	0.8x	13.8x
Trainline	$1.2B	2.1x	5.4x
IndiaMART InterMESH	$1.2B	7.3x	20.6x
eFinance	$1.2B	n/a	n/a
Hypoport	$1.1B	1.8x	15.4x
Ixigo	$1.1B	8.6x	92.3x
Baltic Classifieds Group	$1.1B	11.0x	14.2x
Cars.com	$1.1B	1.5x	5.2x
ThredUp	$1.1B	3.5x	84.2x
Nerdwallet	$1.0B	1.3x	7.0x
Grupa Pracuj	$1.0B	4.5x	10.2x
Web Travel Group	$994M	4.1x	10.5x
Timee	$925M	4.1x	19.3x
ATRenew	$899M	0.3x	n/a
SelectQuote	$892M	0.6x	5.2x
eDreams ODIGEO	$883M	1.1x	4.7x
Uxin	$828M	1.0x	n/a
Wheels Up	$827M	n/a	n/a
EverQuote	$818M	1.2x	9.1x
Shutterstock	$799M	0.8x	2.8x
Angi	$757M	0.7x	5.4x
Maoyan Entertainment	$726M	1.1x	7.6x
GoHealth	$688M	1.5x	-11.2x
DIP	$594M	1.6x	6.0x
Aramis Group	$577M	0.2x	7.8x
GA technologies	$563M	0.4x	6.7x
UT Group	$553M	0.5x	7.9x
Stitch Fix	$546M	0.4x	12.7x
Rent the Runway	$531M	1.7x	11.3x
eHealth	$505M	0.9x	7.1x
BinBin	$478M	n/a	n/a
Socar	$457M	1.4x	5.6x
Bengo4.com	$430M	4.3x	23.3x
Jiayin Group	$360M	n/a	n/a
Vivid Seats	$338M	0.6x	6.6x
Everyday Network Co.	$331M	n/a	n/a
EaseMyTrip	$300M	n/a	n/a
On The Beach Group	$296M	1.8x	5.3x
One Career	$270M	5.6x	n/a
Marti Technologies	$267M	8.1x	-15.6x
ZIGExN	$263M	1.5x	5.7x
Yatra India Ltd.	$263M	2.4x	28.8x
SunCar Technology	$242M	0.5x	15.8x
So-Young	$231M	1.1x	-8.5x
Quick Co.	$228M	1.0x	n/a
Port Inc.	$215M	1.3x	7.7x
Eventbrite	$208M	0.7x	8.0x
Bytetravel	$205M	n/a	n/a
Inspirato	$203M	0.8x	83.2x
Hostelworld Group	$195M	1.8x	8.4x
En	$174M	0.4x	3.6x
Syuppin	$174M	0.5x	n/a
HomeToGo	$157M	0.5x	47.0x
Freelance.com	$157M	0.1x	4.6x
SharingTechnology	$157M	2.8x	n/a
Kamux	$150M	0.1x	5.5x
Autostreets Development	$149M	n/a	n/a
1stdibs.com	$149M	1.7x	-44.4x
YES24	$148M	n/a	n/a
Rakumachi	$143M	7.1x	n/a
Vocento	$143M	0.4x	7.6x
Dida	$135M	n/a	n/a
Lifull	$116M	0.6x	n/a
Freetrailer Group	$114M	n/a	n/a
Nerdy	$109M	0.6x	-5.3x
MarkLines	$109M	2.8x	n/a
Gakujo	$106M	1.5x	n/a
trivago	$104M	0.2x	6.7x
hipages Group	$103M	1.8x	7.3x
TrueCar	$98.4M	0.5x	-37.3x
Airtasker	$95.0M	2.5x	-8.9x
BuildDirect	$93.5M	1.4x	n/a
Getaround	$90.8M	n/a	n/a
Yatra India Inc.	$87.7M	0.8x	13.8x
Frontier Digital Ventures	$87.3M	2.0x	23.6x
OpenWork	$83.6M	3.7x	n/a
Livero	$81.0M	2.9x	14.3x
Temairazu	$80.8M	5.5x	n/a
Ten Lifestyle Group	$78.9M	0.9x	4.0x
Saramin	$75.7M	n/a	n/a
CrowdWorks	$72.4M	0.5x	5.7x
Cheche Group	$66.3M	0.2x	-93.8x
Méliuz	$65.6M	0.9x	5.6x
ReAlpha Tech	$60.9M	12.4x	-5.1x
Freelancer	$59.5M	1.6x	10.8x
WM Tech	$57.7M	0.3x	1.6x
lastminute.com	$57.0M	0.1x	1.0x
Enechange	$53.9M	1.6x	n/a
Gurunavi	$52.6M	0.6x	n/a
Autopedia Sukses Lestari	$47.8M	0.9x	8.8x
Autoserver	$44.7M	1.1x	n/a
OpenDoor Inc.	$42.9M	2.8x	n/a
My Food Bag	$41.7M	0.4x	4.5x
Coconala	$39.8M	0.6x	n/a
Articore Group	$39.3M	0.2x	4.7x
RIDE ON EXPRESS Holdings	$39.3M	0.3x	n/a
Rent.com.au	$38.3M	17.7x	n/a
Giftify	$36.4M	0.4x	-25.5x
Token Cat	$35.5M	n/a	n/a
Oriental Culture Holding	$34.3M	n/a	n/a
Wantedly	$31.3M	1.0x	n/a
naoo	$30.5M	n/a	n/a
Felix.net	$30.3M	4.4x	-12.4x
Meatbox Global	$27.4M	0.4x	5.9x
Artmarket.com	$26.9M	n/a	n/a
MoneyHero	$26.8M	0.4x	-3.8x
Swvl	$20.9M	n/a	n/a
AirTrip	$20.8M	0.1x	1.2x
Adventure Inc.	$20.0M	0.1x	n/a
Rebase	$18.3M	1.4x	n/a
RMA Global	$17.5M	1.3x	-18.9x
AirCloset	$17.0M	0.5x	n/a
Ohmyhome	$16.5M	1.6x	-7.2x
Quhuo	$14.4M	n/a	n/a
Camplify	$12.9M	0.5x	-4.2x
ASMALLWORLD	$9.3M	0.4x	7.3x
SosTravel.com	$7.6M	0.3x	125.8x
EPWK Holdings	$6.5M	n/a	n/a
VELTRA	$5.4M	0.2x	n/a
MyHotelMatch	$3.8M	n/a	n/a
Ethero	$2.9M	n/a	n/a
Enjoei	$1.7M	0.0x	1.5x
AIX Inc.	-$31.2M	n/a	n/a
Tuniu	-$47.2M	-0.7x	-2.6x
North Media	-$49.2M	n/a	n/a
Demae-Can	-$78.9M	-0.3x	n/a
Multitude	-$144M	-0.5x	-1.3x