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	$201B	4.2x	26.5x
Booking Holdings	$187B	7.5x	21.2x
Prosus	$121B	18.1x	248.2x
DoorDash	$95.9B	8.1x	41.5x
Meituan	$77.5B	1.5x	11.8x
Recruit Holdings	$77.0B	3.1x	16.4x
Airbnb	$75.0B	6.5x	18.2x
Carvana	$50.7B	3.2x	29.3x
Naspers	$46.8B	6.1x	84.7x
Copart	$43.4B	9.4x	23.0x
Trip.com Group	$33.9B	4.3x	14.1x
CoStar Group	$31.8B	10.8x	102.1x
Eternal	$27.0B	10.0x	245.2x
Ritchie Bros.	$23.8B	5.3x	17.3x
Expedia Group	$22.8B	1.6x	7.5x
REA Group	$20.0B	18.1x	31.7x
News Corp	$18.5B	2.2x	13.0x
KE Holdings	$18.1B	1.3x	17.3x
DiDi	$17.4B	0.6x	15.2x
Zillow A	$16.5B	6.9x	29.5x
Grab	$14.6B	4.7x	36.4x
Info Edge	$10.8B	33.2x	81.5x
Instacart	$10.7B	3.0x	11.2x
Delivery Hero	$10.4B	0.7x	10.5x
Scout24	$10.0B	14.0x	23.0x
CAR Group	$9.9B	13.0x	23.3x
Swiggy	$9.8B	5.0x	-33.8x
CTS Eventim	$9.7B	2.8x	14.5x
Auto Trader	$9.6B	11.6x	17.5x
PB Fintech	$9.3B	14.7x	276.0x
Travel+Leisure	$9.2B	2.4x	9.7x
MakeMyTrip	$8.6B	8.2x	47.2x
Rightmove	$8.1B	14.6x	20.6x
Talabat	$8.1B	2.5x	14.5x
AUTO1 Group	$7.8B	1.0x	48.2x
Etsy	$7.2B	2.6x	9.5x
Seek	$6.5B	9.0x	21.7x
Lyft	$5.8B	0.9x	12.9x
BOSS Zhipin	$5.5B	5.1x	12.6x
Tongcheng Travel	$5.2B	2.0x	9.4x
Just Eat Takeaway.com	$5.0B	1.2x	10.7x
Inchcape	$4.6B	0.4x	4.8x
IAC	$3.4B	1.1x	10.2x
GoTo	$2.9B	2.7x	46.8x
Openlane	$2.8B	1.6x	9.5x
ACV Auctions	$2.8B	4.0x	55.7x
Hemnet	$2.8B	16.8x	32.0x
TX Group	$2.8B	2.3x	13.1x
Deliveroo	$2.7B	0.9x	12.8x
Visional	$2.5B	4.6x	16.7x
Moltiply Group	$2.3B	3.4x	13.1x
Tripadvisor	$2.2B	1.2x	6.5x
Baltic Classifieds Group	$2.2B	21.4x	27.6x
Getty Images	$2.0B	2.1x	6.8x
Domain Group	$1.9B	7.0x	20.3x
Trainline	$1.7B	2.8x	7.6x
Hypoport	$1.6B	2.3x	23.4x
Rasan	$1.6B	13.7x	42.1x
TBO.com	$1.6B	7.6x	42.8x
Mony Group	$1.6B	2.6x	8.2x
Upwork	$1.5B	2.0x	8.5x
WeBuyCars	$1.5B	n/a	n/a
eDreams ODIGEO	$1.5B	1.7x	6.9x
LegalZoom	$1.5B	2.1x	9.3x
IndiaMART InterMESH	$1.5B	8.8x	23.5x
Alma Media	$1.4B	3.7x	12.4x
Timee	$1.3B	5.6x	28.7x
Grupa Pracuj	$1.2B	5.4x	10.6x
Cars.com	$1.2B	1.7x	5.6x
Wheels Up	$1.1B	n/a	n/a
Uxin	$1.0B	n/a	n/a
SelectQuote	$968M	0.6x	7.7x
The RealReal	$965M	1.5x	51.8x
Jiayin Group	$958M	n/a	n/a
ThredUp	$956M	3.5x	94.2x
Web Travel Group	$955M	4.2x	11.1x
Aramis Group	$931M	0.3x	12.3x
Angi	$914M	0.8x	6.4x
Shutterstock	$890M	0.9x	3.5x
CarTrade	$867M	11.0x	43.6x
eFinance	$831M	n/a	n/a
Nerdwallet	$784M	1.1x	6.8x
Maoyan Entertainment	$775M	1.3x	9.0x
EverQuote	$765M	1.3x	10.7x
Ixigo	$741M	6.4x	67.7x
DIP	$692M	1.7x	6.0x
On The Beach Group	$670M	3.5x	11.0x
RumbleON	$639M	0.6x	19.2x
GoHealth	$621M	0.8x	5.0x
ZipRecruiter	$576M	1.2x	11.1x
GA technologies	$550M	0.4x	7.0x
Socar	$507M	1.6x	11.3x
Bengo4.com	$491M	4.8x	29.5x
ATRenew	$489M	0.2x	n/a
UT Group	$488M	0.4x	6.5x
Vivid Seats	$450M	0.6x	4.0x
EaseMyTrip	$416M	n/a	n/a
eHealth	$414M	0.8x	7.0x
Stitch Fix	$387M	0.3x	8.5x
Rent the Runway	$336M	1.1x	7.2x
Everyday Network Co.	$334M	n/a	n/a
Autostreets Development	$314M	n/a	n/a
SunCar Technology	$285M	0.6x	20.8x
En Japan	$269M	0.6x	4.8x
ZIGExN	$258M	1.4x	5.2x
Inspirato	$236M	0.9x	-117.1x
One Career	$230M	5.1x	n/a
Hostelworld Group	$228M	2.1x	9.5x
Marti Technologies	$224M	8.5x	-21.9x
So-Young	$218M	1.1x	-5.0x
Port Inc.	$207M	1.3x	7.7x
Bytetravel	$200M	n/a	n/a
Syuppin	$193M	0.5x	n/a
Quick Co.	$188M	0.8x	n/a
Freelance.com	$184M	0.1x	4.5x
trivago	$171M	0.3x	14.4x
Kamux	$161M	0.1x	5.6x
Vocento	$159M	0.4x	9.4x
Nerdy	$148M	0.8x	-8.6x
YES24	$145M	n/a	n/a
Lifull	$144M	0.6x	n/a
Yatra India Ltd.	$140M	1.4x	22.2x
SharingTechnology	$139M	2.4x	n/a
lastminute.com	$134M	0.3x	2.5x
MarkLines	$131M	3.2x	n/a
Gakujo	$126M	1.5x	n/a
Quhuo	$125M	n/a	n/a
Rakumachi	$122M	7.4x	n/a
Freetrailer Group	$121M	n/a	n/a
Méliuz	$98.9M	1.4x	22.5x
CrowdWorks	$98.5M	0.7x	6.4x
Saramin	$94.2M	n/a	n/a
OpenDoor Inc.	$93.6M	5.7x	n/a
Ten Lifestyle Group	$93.2M	1.0x	5.1x
Getaround	$92.1M	n/a	n/a
Adventure Inc.	$90.2M	n/a	n/a
OpenWork	$88.8M	3.6x	n/a
Temairazu	$85.2M	5.6x	n/a
Gurunavi	$84.5M	0.9x	n/a
TrueCar	$80.3M	0.4x	-46.2x
Airtasker	$78.8M	2.2x	-9.4x
artnet	$77.8M	n/a	n/a
hipages Group	$76.3M	1.4x	6.0x
Freelancer	$73.0M	2.1x	17.9x
WM Tech	$72.6M	0.4x	1.9x
Enechange	$68.1M	1.9x	n/a
BinBin	$65.2M	n/a	n/a
Frontier Digital Ventures	$58.3M	1.2x	20.5x
BuildDirect	$55.4M	0.8x	n/a
AirTrip	$52.2M	0.3x	2.4x
Autoserver	$51.3M	1.2x	n/a
HomeToGo	$49.9M	0.2x	1.9x
Wantedly	$49.8M	1.5x	n/a
Livero	$48.0M	1.7x	9.8x
Meatbox Global	$47.9M	0.5x	7.1x
Giftify	$47.2M	0.5x	-25.8x
Yatra India Inc.	$46.6M	0.5x	10.8x
My Food Bag	$46.6M	0.5x	4.8x
Cheche Group	$46.3M	0.1x	-8.7x
Coconala	$41.4M	0.7x	n/a
VELTRA	$38.9M	1.3x	n/a
Swvl	$35.8M	n/a	n/a
Rebase	$34.0M	2.4x	n/a
Ohmyhome	$33.9M	3.5x	-17.9x
RIDE ON EXPRESS Holdings	$33.7M	0.2x	n/a
naoo	$32.7M	n/a	n/a
Artmarket.com	$32.6M	n/a	n/a
AirCloset	$28.6M	n/a	n/a
Autopedia Sukses Lestari	$26.8M	0.5x	4.4x
Felix.net	$24.1M	4.3x	-11.0x
Wag!	$21.9M	0.3x	-20.0x
1stdibs.com	$21.8M	0.2x	-2.3x
Entreparticuliers	$20.9M	n/a	n/a
ReAlpha Tech	$19.5M	6.9x	-2.6x
ASMALLWORLD	$18.9M	0.7x	10.9x
Mad Paws	$17.4M	0.9x	684.6x
EPWK Holdings	$16.7M	n/a	n/a
Rent.com.au	$15.7M	n/a	n/a
MoneyHero	$10.0M	0.1x	-0.4x
RMA Global	$9.5M	0.7x	-54.0x
Camplify	$9.1M	0.4x	-2.1x
SosTravel.com	$8.8M	0.3x	7.5x
Enjoei	$8.4M	0.2x	3.9x
Token Cat	$8.3M	n/a	n/a
MyHotelMatch	$4.8M	n/a	n/a
Eventbrite	$5K	0.0x	0.0x
Articore Group	-$2.3M	n/a	n/a
North Media	-$23.6M	n/a	n/a
Dida	-$27.7M	n/a	n/a
Demae-Can	-$37.6M	-0.1x	n/a
Tuniu	-$49.3M	-0.7x	-2.7x
AIX Inc.	-$65.7M	n/a	n/a
Multitude	-$107M	-0.4x	-1.3x