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	$174B	3.3x	20.0x
Booking Holdings	$166B	6.2x	16.8x
Prosus	$126B	15.2x	155.4x
DoorDash	$88.5B	6.4x	31.9x
Recruit Holdings	$71.0B	3.1x	15.7x
Airbnb	$70.5B	5.8x	16.5x
Meituan	$64.3B	1.2x	-34.7x
Carvana	$63.4B	3.2x	28.2x
Naspers	$44.8B	4.6x	54.4x
Copart	$33.8B	7.2x	17.4x
Trip.com Group	$33.4B	3.8x	13.2x
Expedia Group	$32.9B	2.3x	9.6x
Eternal	$26.7B	5.5x	235.4x
CoStar Group	$25.5B	7.9x	60.6x
Ritchie Bros.	$25.0B	5.4x	18.0x
KE Holdings	$18.4B	1.4x	24.3x
KE Holdings (Beike)	$18.4B	1.3x	23.6x
REA Group	$17.0B	14.1x	24.2x
DiDi	$16.5B	0.5x	14.2x
News Corp	$16.3B	1.9x	11.0x
Zillow	$14.9B	5.8x	23.9x
Grab	$13.5B	4.0x	27.0x
Delivery Hero	$11.3B	0.7x	10.4x
Travel+Leisure	$9.9B	2.5x	10.1x
Swiggy	$8.8B	3.9x	-29.0x
AUTO1 Group	$8.5B	0.9x	38.1x
Info Edge	$8.4B	26.2x	66.5x
CAR Group	$8.3B	9.9x	17.8x
PB Fintech	$8.1B	11.9x	163.5x
Instacart	$8.0B	2.2x	7.5x
Scout24	$7.3B	9.5x	15.6x
Etsy	$7.0B	2.4x	9.6x
CTS Eventim	$6.9B	1.9x	10.1x
MakeMyTrip	$6.5B	5.9x	33.7x
Auto Trader	$6.4B	7.6x	11.3x
Lyft	$6.4B	1.0x	12.2x
BOSS Zhipin	$6.2B	5.3x	11.5x
Stubhub	$6.1B	3.4x	26.4x
Seek	$6.1B	7.7x	17.7x
Tongcheng Travel	$5.8B	2.1x	8.5x
Talabat	$5.5B	1.4x	8.8x
Rightmove	$5.2B	9.0x	12.7x
Inchcape	$4.9B	0.4x	5.4x
IAC	$3.3B	1.4x	12.4x
GoTo	$3.1B	2.9x	27.0x
Rasan	$2.7B	15.8x	40.6x
Upwork	$2.4B	3.1x	10.7x
The RealReal	$2.2B	3.1x	55.4x
TX Group	$2.1B	1.9x	7.9x
Moltiply Group	$2.0B	2.6x	9.9x
Getty Images	$1.8B	1.9x	6.2x
Visional	$1.8B	3.2x	11.3x
Hemnet	$1.6B	9.1x	17.8x
Tripadvisor	$1.6B	0.8x	4.8x
eFinance	$1.5B	10.5x	22.0x
Alma Media	$1.5B	3.9x	12.9x
TBO.com	$1.4B	5.5x	35.3x
LegalZoom	$1.4B	1.9x	8.2x
Mony Group	$1.4B	2.2x	6.9x
ACV Auctions	$1.3B	1.8x	23.3x
Baltic Classifieds Group	$1.3B	12.6x	16.3x
WeBuyCars	$1.3B	0.8x	13.3x
CarTrade	$1.2B	14.6x	48.2x
Trainline	$1.2B	2.0x	5.1x
IndiaMART InterMESH	$1.1B	6.8x	19.2x
Cars.com	$1.1B	1.5x	5.1x
ATRenew	$1.1B	0.4x	17.0x
Uxin	$961M	1.2x	n/a
Web Travel Group	$961M	3.7x	9.7x
Ixigo	$943M	7.2x	77.1x
Grupa Pracuj	$937M	4.1x	9.2x
Hypoport	$909M	1.4x	11.9x
SelectQuote	$907M	0.6x	5.5x
Timee	$867M	3.8x	18.2x
Wheels Up	$844M	n/a	n/a
Nerdwallet	$842M	1.0x	5.6x
eDreams ODIGEO	$840M	1.0x	4.6x
Shutterstock	$832M	0.8x	2.9x
Maoyan Entertainment	$768M	1.1x	7.8x
Angi	$724M	0.7x	5.2x
GoHealth	$676M	1.5x	-9.2x
EverQuote	$674M	1.0x	7.4x
ThredUp	$653M	2.1x	50.6x
UT Group	$628M	0.6x	8.8x
DIP	$583M	1.6x	6.0x
Aramis Group	$531M	0.2x	7.1x
Stitch Fix	$491M	0.4x	11.7x
eHealth	$476M	0.9x	6.4x
Socar	$473M	1.4x	5.5x
BinBin	$456M	n/a	n/a
Bengo4.com	$415M	4.1x	22.0x
Rent the Runway	$389M	1.3x	8.3x
GA technologies	$385M	0.2x	4.4x
Jiayin Group	$354M	n/a	n/a
Vivid Seats	$337M	0.6x	7.6x
On The Beach Group	$303M	1.8x	5.3x
Everyday Network Co.	$292M	n/a	n/a
HomeToGo	$275M	0.9x	104.0x
ZIGExN	$261M	1.5x	5.4x
SunCar Technology	$246M	0.5x	17.3x
One Career	$240M	4.9x	n/a
Marti Technologies	$237M	6.9x	-13.9x
Yatra India Ltd.	$235M	2.1x	25.2x
EaseMyTrip	$232M	n/a	n/a
Inspirato	$221M	0.9x	73.7x
Quick Co.	$218M	1.0x	n/a
Port Inc.	$216M	1.3x	7.7x
Eventbrite	$216M	0.7x	8.5x
So-Young	$205M	1.0x	-8.5x
Bytetravel	$192M	n/a	n/a
Freelance.com	$190M	0.1x	5.6x
Hostelworld Group	$187M	1.6x	7.9x
Syuppin	$175M	0.5x	n/a
Autostreets Development	$174M	n/a	n/a
En	$167M	0.4x	3.5x
Kamux	$161M	0.2x	5.8x
AIX Inc.	$156M	n/a	n/a
YES24	$149M	n/a	n/a
SharingTechnology	$148M	2.6x	n/a
Vocento	$146M	0.4x	7.4x
Freetrailer Group	$133M	n/a	n/a
1stdibs.com	$128M	1.4x	-42.6x
Rakumachi	$123M	6.1x	n/a
Lifull	$121M	0.7x	n/a
Gakujo	$112M	1.5x	n/a
BuildDirect	$110M	n/a	n/a
OpenWork	$104M	n/a	n/a
MarkLines	$100M	2.8x	n/a
trivago	$96.0M	0.2x	6.0x
Dida	$95.4M	n/a	n/a
Ten Lifestyle Group	$93.3M	1.0x	4.6x
Getaround	$90.8M	n/a	n/a
lastminute.com	$90.6M	0.2x	1.5x
Airtasker	$88.7M	2.3x	-8.8x
hipages Group	$85.7M	1.5x	6.3x
Frontier Digital Ventures	$83.2M	1.9x	18.0x
Temairazu	$79.2M	5.4x	n/a
Yatra India Inc.	$74.1M	0.7x	11.2x
Saramin	$73.9M	n/a	n/a
Nerdy	$72.6M	0.4x	-3.5x
Méliuz	$72.4M	0.9x	5.3x
Livero	$65.3M	2.3x	11.3x
Freelancer	$55.6M	1.5x	9.4x
Articore Group	$55.1M	0.2x	6.1x
Cheche Group	$55.0M	n/a	n/a
Enechange	$54.6M	1.6x	n/a
OpenDoor Inc.	$51.4M	3.3x	n/a
Gurunavi	$51.0M	0.6x	n/a
Autoserver	$49.8M	n/a	n/a
CrowdWorks	$49.2M	0.3x	4.4x
WM Tech	$47.5M	0.3x	1.3x
ReAlpha Tech	$43.3M	8.4x	-4.0x
My Food Bag	$43.0M	0.4x	4.5x
Rent.com.au	$42.3M	18.7x	n/a
Coconala	$41.6M	0.7x	n/a
RIDE ON EXPRESS Holdings	$40.7M	0.3x	n/a
Giftify	$37.7M	0.5x	-28.2x
Autopedia Sukses Lestari	$36.1M	n/a	n/a
Ohmyhome	$30.5M	2.9x	-13.4x
Wantedly	$29.6M	0.9x	n/a
Felix.net	$28.4M	3.8x	-11.3x
Token Cat	$26.7M	n/a	n/a
Meatbox Global	$26.5M	n/a	n/a
naoo	$26.3M	2.3x	-7.4x
MoneyHero	$26.0M	0.3x	-4.8x
Artmarket.com	$23.9M	n/a	n/a
Adventure Inc.	$22.4M	0.1x	n/a
RMA Global	$20.0M	1.4x	-20.8x
Camplify	$19.9M	0.7x	-7.3x
Rebase	$18.4M	1.4x	n/a
AirTrip	$17.8M	0.1x	n/a
AirCloset	$16.9M	0.5x	n/a
Swvl	$14.6M	n/a	n/a
Quhuo	$14.2M	n/a	n/a
ASMALLWORLD	$9.6M	0.4x	7.5x
SosTravel.com	$8.8M	0.4x	745.6x
VELTRA	$8.7M	n/a	n/a
Enjoei	$4.4M	n/a	n/a
MyHotelMatch	$3.7M	n/a	n/a
Ethero	$2.6M	n/a	n/a
Oriental Culture Holding	-$18.6M	n/a	n/a
North Media	-$45.0M	n/a	n/a
Tuniu	-$59.7M	n/a	n/a
Demae-Can	-$75.9M	-0.3x	n/a
Multitude	-$136M	-0.5x	-1.2x