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	$204B	4.2x	25.7x
Booking Holdings	$182B	7.2x	20.0x
Prosus	$136B	20.1x	256.7x
DoorDash	$104B	8.5x	42.5x
Recruit Holdings	$86.0B	3.6x	18.6x
Meituan	$77.6B	1.5x	12.2x
Airbnb	$68.1B	5.8x	16.3x
Carvana	$51.3B	3.0x	27.1x
Naspers	$49.8B	6.4x	78.8x
Copart	$41.9B	9.0x	21.9x
Trip.com Group	$37.1B	4.6x	15.4x
CoStar Group	$34.9B	11.6x	105.1x
Eternal	$32.7B	10.9x	280.0x
Expedia Group	$25.5B	1.8x	8.2x
Ritchie Bros.	$25.5B	5.7x	18.9x
REA Group	$22.3B	20.1x	35.1x
DiDi	$21.7B	0.7x	17.9x
Zillow	$19.2B	7.8x	33.5x
KE Holdings	$18.4B	1.3x	17.9x
News Corp	$18.3B	2.2x	12.7x
Grab	$15.5B	4.9x	37.2x
CAR Group	$10.9B	14.4x	25.8x
Instacart	$10.7B	3.0x	10.7x
Swiggy	$10.3B	5.1x	-35.2x
Delivery Hero	$10.0B	0.6x	9.6x
Scout24	$9.8B	13.6x	22.3x
Info Edge	$9.8B	30.3x	75.3x
PB Fintech	$9.7B	15.2x	281.2x
Auto Trader	$9.5B	11.5x	17.3x
Travel+Leisure	$9.3B	2.4x	9.8x
CTS Eventim	$9.2B	2.7x	13.7x
MakeMyTrip	$9.1B	8.5x	47.4x
AUTO1 Group	$8.4B	1.0x	46.7x
Etsy	$8.0B	2.8x	10.6x
Rightmove	$7.9B	14.2x	20.1x
BOSS Zhipin	$7.6B	6.9x	16.7x
Talabat	$7.3B	2.1x	12.7x
Seek	$7.2B	10.0x	23.6x
Lyft	$5.3B	0.8x	11.3x
Tongcheng Travel	$5.1B	2.0x	8.9x
Just Eat Takeaway.com	$5.0B	1.2x	11.2x
Inchcape	$4.2B	0.3x	4.5x
IAC	$3.2B	1.1x	10.1x
GoTo	$3.1B	2.9x	41.4x
Openlane	$2.9B	1.6x	9.4x
Visional	$2.9B	5.3x	19.0x
Deliveroo	$2.8B	1.0x	12.9x
TX Group	$2.7B	2.3x	12.8x
Hemnet	$2.7B	15.8x	30.3x
Moltiply Group	$2.2B	3.3x	12.7x
Baltic Classifieds Group	$2.2B	21.7x	27.8x
Getty Images	$2.1B	2.2x	7.1x
Tripadvisor	$2.0B	1.1x	6.0x
ACV Auctions	$2.0B	2.7x	36.0x
Domain Group	$1.9B	7.0x	20.1x
Rasan	$1.8B	13.5x	40.0x
LegalZoom	$1.7B	2.4x	10.8x
Wheels Up	$1.7B	n/a	n/a
TBO.com	$1.6B	7.6x	44.8x
Timee	$1.6B	7.1x	35.6x
Upwork	$1.6B	2.0x	8.1x
Trainline	$1.6B	2.6x	7.1x
eDreams ODIGEO	$1.6B	1.8x	7.4x
Alma Media	$1.5B	3.9x	13.1x
IndiaMART InterMESH	$1.5B	8.8x	23.9x
Mony Group	$1.4B	2.4x	7.5x
WeBuyCars	$1.4B	n/a	n/a
Grupa Pracuj	$1.3B	5.9x	12.9x
Hypoport	$1.3B	1.8x	18.4x
ThredUp	$1.3B	4.6x	118.0x
The RealReal	$1.3B	2.0x	55.0x
CarTrade	$1.3B	15.9x	59.7x
Ixigo	$1.2B	9.8x	107.1x
Cars.com	$1.2B	1.6x	5.6x
Uxin	$991M	n/a	n/a
Web Travel Group	$956M	4.2x	10.9x
eFinance	$951M	n/a	n/a
Angi	$948M	0.9x	6.6x
Shutterstock	$933M	0.9x	3.5x
Maoyan Entertainment	$920M	1.5x	11.3x
SelectQuote	$875M	0.6x	7.0x
DIP	$761M	1.9x	6.8x
ATRenew	$748M	0.3x	n/a
Aramis Group	$718M	0.3x	9.8x
GoHealth	$703M	0.9x	5.6x
EverQuote	$699M	1.2x	9.0x
Nerdwallet	$699M	0.9x	5.9x
Jiayin Group	$665M	n/a	n/a
On The Beach Group	$636M	3.4x	10.4x
GA technologies	$632M	0.4x	7.9x
UT Group	$574M	0.5x	7.6x
Stitch Fix	$545M	0.4x	11.7x
Bengo4.com	$526M	5.2x	30.9x
Socar	$479M	1.5x	10.8x
eHealth	$454M	0.9x	7.0x
Vivid Seats	$360M	0.5x	4.0x
EaseMyTrip	$347M	n/a	n/a
Rent the Runway	$334M	1.1x	7.1x
Autostreets Development	$333M	n/a	n/a
Everyday Network Co.	$325M	n/a	n/a
ZIGExN	$309M	1.7x	6.3x
One Career	$293M	6.4x	n/a
En Japan	$282M	0.6x	5.4x
So-Young	$278M	1.3x	-7.3x
SunCar Technology	$264M	0.5x	17.9x
Yatra India Ltd.	$252M	2.6x	34.9x
Port Inc.	$249M	1.5x	9.2x
Inspirato	$220M	0.9x	-240.2x
Bytetravel	$198M	n/a	n/a
Quick Co.	$196M	0.9x	n/a
Marti Technologies	$191M	6.8x	-15.7x
Syuppin	$191M	0.5x	n/a
Hostelworld Group	$184M	1.7x	7.8x
Lifull	$182M	0.8x	n/a
Freelance.com	$175M	0.1x	4.4x
Kamux	$173M	0.2x	6.1x
MarkLines	$168M	4.1x	n/a
SharingTechnology	$164M	2.9x	n/a
Rakumachi	$150M	n/a	n/a
trivago	$140M	0.2x	12.3x
Gakujo	$139M	1.7x	n/a
YES24	$137M	n/a	n/a
Vocento	$136M	0.3x	7.3x
OpenWork	$135M	5.6x	n/a
CrowdWorks	$105M	0.7x	6.7x
Nerdy	$103M	0.5x	-5.7x
Airtasker	$102M	2.9x	95.2x
Freetrailer Group	$100M	n/a	n/a
Méliuz	$97.2M	1.4x	15.4x
Frontier Digital Ventures	$92.1M	1.9x	26.4x
Saramin	$91.3M	n/a	n/a
Getaround	$91.2M	n/a	n/a
BuildDirect	$90.0M	1.4x	n/a
Adventure Inc.	$88.2M	n/a	n/a
OpenDoor Inc.	$87.8M	5.4x	n/a
Enechange	$87.5M	2.5x	n/a
hipages Group	$84.3M	1.5x	6.6x
TrueCar	$83.3M	0.5x	-64.4x
Gurunavi	$83.2M	0.9x	n/a
WM Tech	$82.0M	0.5x	2.1x
HomeToGo	$78.4M	0.3x	3.5x
Temairazu	$77.5M	5.2x	n/a
artnet	$77.0M	n/a	n/a
Ten Lifestyle Group	$77.0M	0.8x	4.2x
Freelancer	$74.6M	2.1x	15.9x
BinBin	$64.8M	n/a	n/a
Yatra India Inc.	$62.9M	0.7x	14.8x
AirTrip	$62.6M	0.3x	3.0x
Coconala	$62.4M	1.4x	n/a
Autopedia Sukses Lestari	$54.1M	1.0x	9.7x
Livero	$50.0M	1.8x	9.7x
Cheche Group	$49.4M	0.1x	-5.7x
Wantedly	$47.6M	1.5x	n/a
lastminute.com	$45.8M	0.1x	0.8x
Oriental Culture Holding	$44.4M	n/a	n/a
My Food Bag	$43.5M	0.4x	4.5x
MoneyHero	$42.8M	0.5x	-2.8x
Autoserver	$40.1M	0.9x	n/a
Articore Group	$37.9M	0.2x	5.7x
RIDE ON EXPRESS Holdings	$37.6M	0.2x	n/a
naoo	$36.8M	n/a	n/a
Swvl	$36.8M	n/a	n/a
Giftify	$36.0M	0.4x	-22.2x
Mad Paws	$35.7M	1.9x	231.6x
VELTRA	$34.2M	1.2x	n/a
ReAlpha Tech	$34.0M	10.9x	-3.6x
Meatbox Global	$33.8M	0.4x	6.9x
Artmarket.com	$33.6M	n/a	n/a
Rebase	$32.0M	2.3x	n/a
Felix.net	$27.9M	5.2x	n/a
Ohmyhome	$27.9M	2.8x	-16.0x
AirCloset	$26.3M	0.8x	n/a
Token Cat	$26.3M	n/a	n/a
Rent.com.au	$22.5M	n/a	n/a
1stdibs.com	$20.7M	0.2x	-2.7x
Entreparticuliers	$18.3M	n/a	n/a
ASMALLWORLD	$17.8M	0.7x	10.5x
Quhuo	$17.6M	n/a	n/a
EPWK Holdings	$15.0M	n/a	n/a
RMA Global	$14.6M	1.0x	1047.7x
Camplify	$14.4M	0.5x	-3.3x
Dida	$12.6M	n/a	n/a
SosTravel.com	$12.1M	0.5x	14.8x
Eventbrite	$9.0M	0.0x	0.3x
MyHotelMatch	$4.1M	n/a	n/a
Enjoei	$3.1M	0.1x	2.0x
North Media	-$4.3M	n/a	n/a
AIX Inc.	-$21.4M	n/a	n/a
Tuniu	-$54.7M	-0.7x	-4.0x
Demae-Can	-$62.2M	-0.2x	n/a
Multitude	-$111M	-0.4x	-1.3x