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	22.7x
Booking Holdings	$169B	6.4x	17.3x
Prosus	$128B	16.5x	173.6x
DoorDash	$96.0B	7.1x	35.4x
Recruit Holdings	$72.6B	3.1x	16.1x
Airbnb	$66.0B	5.5x	15.5x
Meituan	$65.0B	1.3x	-64.9x
Carvana	$59.5B	3.1x	27.1x
Naspers	$44.4B	5.1x	58.3x
Trip.com Group	$39.7B	4.6x	15.8x
Expedia Group	$32.6B	2.2x	9.7x
Copart	$32.3B	6.9x	16.6x
Eternal	$29.0B	6.4x	256.6x
CoStar Group	$28.1B	8.8x	68.6x
Ritchie Bros.	$22.4B	4.9x	16.3x
DiDi	$19.4B	0.6x	17.2x
Grab	$16.9B	5.0x	34.6x
Zillow	$16.8B	6.6x	27.2x
REA Group	$16.4B	14.3x	24.6x
KE Holdings (Beike)	$16.0B	1.2x	20.5x
KE Holdings	$16.0B	1.2x	20.8x
News Corp	$15.9B	1.9x	10.8x
Instacart	$9.9B	2.7x	9.3x
Travel+Leisure	$9.7B	2.4x	10.0x
Swiggy	$9.7B	4.3x	-31.4x
PB Fintech	$9.5B	13.9x	203.4x
Info Edge	$9.5B	29.1x	73.6x
CAR Group	$8.9B	11.1x	20.0x
Delivery Hero	$8.5B	0.5x	8.1x
Lyft	$8.5B	1.3x	16.5x
MakeMyTrip	$7.6B	6.9x	39.7x
CTS Eventim	$7.5B	2.2x	11.2x
BOSS Zhipin	$7.3B	6.3x	13.8x
Scout24	$7.2B	9.7x	15.9x
Auto Trader	$7.0B	8.4x	12.6x
AUTO1 Group	$6.9B	0.7x	32.6x
Seek	$6.4B	8.4x	19.5x
Tongcheng Travel	$5.5B	2.0x	8.3x
Stubhub	$5.3B	n/a	n/a
Rightmove	$5.3B	9.4x	13.2x
Talabat	$5.1B	1.4x	8.4x
Inchcape	$4.5B	0.4x	5.1x
IAC	$3.3B	1.3x	11.9x
GoTo	$3.2B	3.0x	29.3x
Openlane	$2.7B	1.4x	8.3x
Upwork	$2.4B	3.0x	10.7x
Rasan	$2.3B	13.7x	35.4x
Visional	$2.2B	3.9x	14.0x
Moltiply Group	$2.1B	2.8x	10.7x
TX Group	$2.1B	1.8x	10.0x
The RealReal	$2.0B	2.9x	53.8x
Getty Images	$1.9B	2.0x	6.5x
Tripadvisor	$1.8B	1.0x	5.6x
TBO.com	$1.8B	6.8x	43.5x
Hemnet	$1.6B	9.8x	19.2x
CarTrade	$1.5B	17.9x	60.0x
LegalZoom	$1.4B	1.9x	8.6x
Alma Media	$1.4B	3.7x	12.2x
ACV Auctions	$1.4B	1.8x	25.0x
Mony Group	$1.4B	2.3x	7.1x
Trainline	$1.3B	2.2x	5.7x
WeBuyCars	$1.3B	0.8x	13.9x
IndiaMART InterMESH	$1.2B	7.5x	21.1x
Baltic Classifieds Group	$1.2B	11.6x	15.0x
eFinance	$1.1B	n/a	n/a
Hypoport	$1.1B	1.8x	15.5x
Cars.com	$1.1B	1.6x	5.2x
Ixigo	$1.1B	8.4x	90.2x
ThredUp	$1.1B	3.6x	86.8x
Nerdwallet	$1.1B	1.3x	7.2x
Grupa Pracuj	$1.0B	4.5x	10.2x
Web Travel Group	$968M	4.0x	10.3x
Timee	$940M	4.1x	19.6x
ATRenew	$904M	0.3x	n/a
SelectQuote	$899M	0.6x	5.2x
eDreams ODIGEO	$886M	1.1x	4.8x
EverQuote	$857M	1.3x	9.6x
Uxin	$814M	1.0x	n/a
Shutterstock	$804M	0.8x	2.8x
Wheels Up	$782M	n/a	n/a
Angi	$757M	0.7x	5.4x
Maoyan Entertainment	$749M	1.2x	8.1x
GoHealth	$689M	1.5x	-11.5x
Aramis Group	$599M	0.2x	8.1x
DIP	$594M	1.6x	6.0x
GA technologies	$547M	0.3x	6.5x
Stitch Fix	$546M	0.4x	12.6x
UT Group	$541M	0.5x	7.7x
Rent the Runway	$509M	1.7x	10.9x
eHealth	$505M	0.9x	7.1x
BinBin	$481M	n/a	n/a
Socar	$457M	1.4x	5.6x
Bengo4.com	$435M	4.3x	23.5x
Jiayin Group	$372M	n/a	n/a
Vivid Seats	$342M	0.6x	6.6x
Everyday Network Co.	$329M	n/a	n/a
EaseMyTrip	$296M	n/a	n/a
On The Beach Group	$292M	1.8x	5.2x
Yatra India Ltd.	$283M	2.5x	31.1x
One Career	$274M	5.7x	n/a
Marti Technologies	$265M	8.0x	-15.4x
ZIGExN	$260M	1.5x	5.6x
SunCar Technology	$246M	0.5x	16.1x
So-Young	$225M	1.1x	-8.2x
Port Inc.	$217M	1.3x	7.8x
Quick Co.	$212M	1.0x	n/a
Eventbrite	$208M	0.7x	8.0x
Bytetravel	$205M	n/a	n/a
Inspirato	$203M	0.8x	86.0x
Hostelworld Group	$196M	1.8x	8.5x
Syuppin	$179M	0.5x	n/a
En	$173M	0.4x	3.5x
Autostreets Development	$171M	n/a	n/a
Freelance.com	$157M	0.1x	4.6x
HomeToGo	$154M	0.5x	44.8x
Kamux	$151M	0.1x	5.5x
SharingTechnology	$150M	2.6x	n/a
YES24	$149M	n/a	n/a
1stdibs.com	$149M	1.7x	-43.9x
Dida	$144M	n/a	n/a
Vocento	$143M	0.4x	7.6x
Rakumachi	$137M	6.7x	n/a
trivago	$117M	0.2x	7.6x
Lifull	$117M	0.6x	n/a
Freetrailer Group	$111M	n/a	n/a
Nerdy	$111M	0.6x	-5.3x
MarkLines	$108M	2.8x	n/a
Gakujo	$106M	1.5x	n/a
hipages Group	$103M	1.8x	7.3x
TrueCar	$98.8M	0.5x	-38.0x
Airtasker	$97.8M	2.6x	-16.4x
Frontier Digital Ventures	$92.7M	2.1x	18.3x
BuildDirect	$92.6M	1.4x	n/a
Getaround	$90.8M	n/a	n/a
OpenWork	$86.6M	3.8x	n/a
Yatra India Inc.	$84.0M	0.8x	13.3x
Livero	$80.8M	2.9x	14.3x
Temairazu	$80.8M	5.7x	n/a
Ten Lifestyle Group	$78.9M	0.9x	4.0x
Saramin	$75.0M	n/a	n/a
Méliuz	$71.4M	0.9x	6.1x
CrowdWorks	$70.0M	0.5x	5.4x
Cheche Group	$67.9M	0.2x	-87.5x
ReAlpha Tech	$61.2M	13.4x	-4.8x
WM Tech	$59.1M	0.3x	1.6x
Freelancer	$56.3M	1.6x	10.3x
lastminute.com	$55.3M	0.1x	0.9x
Enechange	$54.6M	1.6x	n/a
Gurunavi	$53.4M	0.6x	n/a
Autopedia Sukses Lestari	$48.7M	0.9x	8.9x
Autoserver	$45.3M	1.1x	n/a
OpenDoor Inc.	$44.0M	2.8x	n/a
My Food Bag	$43.1M	0.4x	4.7x
Articore Group	$40.2M	0.2x	4.8x
Rent.com.au	$39.6M	18.3x	n/a
RIDE ON EXPRESS Holdings	$39.3M	0.3x	n/a
Oriental Culture Holding	$38.5M	n/a	n/a
Giftify	$38.2M	0.5x	-26.6x
Token Cat	$35.9M	n/a	n/a
Coconala	$35.5M	0.6x	n/a
Wantedly	$31.1M	1.0x	n/a
Felix.net	$30.2M	4.4x	-12.4x
naoo	$28.5M	n/a	n/a
Meatbox Global	$28.0M	0.4x	6.1x
Artmarket.com	$26.4M	n/a	n/a
MoneyHero	$25.2M	0.3x	-3.5x
Swvl	$22.0M	n/a	n/a
Adventure Inc.	$20.5M	0.1x	n/a
Rebase	$18.9M	1.4x	n/a
AirTrip	$18.2M	0.1x	1.0x
RMA Global	$17.5M	1.1x	325.8x
Ohmyhome	$17.1M	1.6x	-7.5x
AirCloset	$17.0M	0.5x	n/a
Quhuo	$14.1M	n/a	n/a
Camplify	$13.4M	0.5x	-4.2x
ASMALLWORLD	$8.6M	0.4x	6.7x
SosTravel.com	$7.8M	0.3x	116.7x
VELTRA	$6.6M	0.2x	n/a
EPWK Holdings	$6.5M	n/a	n/a
MyHotelMatch	$4.0M	n/a	n/a
Ethero	$3.4M	n/a	n/a
Enjoei	$2.5M	0.0x	2.1x
AIX Inc.	-$31.2M	n/a	n/a
North Media	-$48.4M	n/a	n/a
Tuniu	-$63.8M	-0.9x	-3.5x
Demae-Can	-$81.8M	-0.3x	n/a
Multitude	-$142M	-0.5x	-1.3x