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	$198B	4.0x	23.9x
Booking Holdings	$162B	6.3x	17.3x
Prosus	$150B	21.4x	244.7x
DoorDash	$112B	8.8x	43.1x
Recruit Holdings	$68.8B	2.9x	15.3x
Airbnb	$66.2B	5.6x	15.8x
Meituan	$60.7B	1.2x	34.5x
Naspers	$52.2B	6.6x	73.1x
Carvana	$51.4B	2.9x	25.2x
Trip.com Group	$40.2B	4.8x	15.4x
Copart	$37.9B	8.1x	19.4x
Eternal	$35.1B	9.5x	290.5x
CoStar Group	$28.7B	9.3x	80.9x
Expedia Group	$26.2B	1.8x	8.3x
DiDi	$23.7B	0.8x	17.8x
Ritchie Bros.	$22.6B	5.1x	17.0x
KE Holdings (Beike)	$18.5B	1.3x	20.2x
KE Holdings	$18.5B	1.3x	20.2x
REA Group	$18.4B	16.3x	28.4x
Grab	$18.2B	5.5x	40.9x
Zillow	$16.9B	6.8x	28.6x
News Corp	$15.7B	1.8x	10.8x
Swiggy	$11.3B	5.4x	-38.0x
Delivery Hero	$10.1B	0.6x	9.9x
CAR Group	$9.6B	12.4x	22.1x
Info Edge	$9.4B	28.9x	72.5x
Travel+Leisure	$9.3B	2.3x	9.7x
Auto Trader	$8.9B	10.9x	16.3x
Scout24	$8.7B	12.0x	19.6x
Instacart	$8.7B	2.4x	8.5x
PB Fintech	$8.5B	12.8x	200.7x
Stubhub	$8.3B	n/a	n/a
AUTO1 Group	$8.1B	0.9x	41.9x
BOSS Zhipin	$7.9B	7.0x	15.8x
MakeMyTrip	$7.9B	7.2x	39.2x
CTS Eventim	$7.1B	2.1x	10.8x
Seek	$7.1B	9.6x	22.5x
Lyft	$7.1B	1.1x	14.3x
Rightmove	$6.9B	12.4x	17.5x
Talabat	$5.6B	1.5x	9.3x
Tongcheng Travel	$5.4B	2.0x	9.0x
Just Eat Takeaway.com	$4.9B	1.1x	11.2x
Inchcape	$4.3B	0.4x	4.7x
IAC	$3.0B	1.1x	9.8x
Openlane	$2.7B	1.5x	8.7x
GoTo	$2.7B	2.5x	31.9x
TX Group	$2.5B	2.1x	11.8x
Moltiply Group	$2.2B	3.2x	12.1x
Hemnet	$2.2B	13.2x	25.4x
Getty Images	$2.2B	2.3x	7.7x
Visional	$2.2B	3.9x	13.7x
Rasan	$2.0B	13.6x	40.0x
Upwork	$2.0B	2.5x	9.6x
Baltic Classifieds Group	$1.9B	19.0x	24.5x
Tripadvisor	$1.9B	1.0x	5.5x
TBO.com	$1.8B	7.3x	45.0x
Alma Media	$1.6B	4.3x	14.2x
LegalZoom	$1.6B	2.2x	9.6x
The RealReal	$1.6B	2.4x	58.0x
Trainline	$1.5B	2.5x	6.6x
Wheels Up	$1.5B	n/a	n/a
ACV Auctions	$1.5B	2.0x	23.9x
WeBuyCars	$1.4B	n/a	n/a
Ixigo	$1.4B	11.2x	125.9x
Mony Group	$1.4B	2.3x	7.3x
eDreams ODIGEO	$1.3B	1.6x	6.5x
Hypoport	$1.3B	1.8x	17.8x
IndiaMART InterMESH	$1.3B	7.7x	21.1x
CarTrade	$1.3B	15.6x	56.9x
ThredUp	$1.1B	3.9x	96.4x
Grupa Pracuj	$1.1B	5.0x	11.1x
Cars.com	$1.1B	1.5x	5.0x
Shutterstock	$1.1B	1.1x	3.9x
SelectQuote	$946M	0.6x	5.0x
Timee	$939M	4.2x	20.1x
Web Travel Group	$911M	3.9x	10.2x
eFinance	$903M	n/a	n/a
Uxin	$827M	1.1x	n/a
Nerdwallet	$759M	1.0x	6.2x
Angi	$735M	0.7x	5.1x
Aramis Group	$729M	0.3x	9.9x
Maoyan Entertainment	$715M	1.1x	9.2x
GoHealth	$685M	0.9x	5.5x
DIP	$624M	1.6x	5.9x
ATRenew	$608M	0.3x	n/a
GA technologies	$603M	0.4x	7.4x
EverQuote	$564M	0.9x	6.9x
UT Group	$564M	0.5x	7.4x
On The Beach Group	$494M	2.8x	8.5x
eHealth	$488M	0.9x	7.4x
Jiayin Group	$480M	n/a	n/a
Socar	$444M	1.3x	6.3x
Bengo4.com	$431M	4.3x	24.2x
Stitch Fix	$407M	0.3x	8.7x
Rent the Runway	$376M	1.2x	8.0x
Vivid Seats	$329M	0.5x	4.3x
Autostreets Development	$317M	n/a	n/a
EaseMyTrip	$304M	n/a	n/a
ZIGExN	$303M	1.7x	6.3x
Yatra India Ltd.	$289M	3.0x	36.4x
Everyday Network Co.	$272M	n/a	n/a
Marti Technologies	$256M	8.3x	-14.7x
One Career	$253M	5.4x	n/a
So-Young	$229M	1.1x	-8.0x
Dida	$221M	n/a	n/a
SunCar Technology	$219M	0.5x	22.4x
Inspirato	$217M	0.9x	452.1x
Quick Co.	$210M	1.0x	n/a
En	$207M	0.5x	4.2x
Bytetravel	$207M	n/a	n/a
Hostelworld Group	$198M	1.8x	8.5x
Syuppin	$196M	0.6x	n/a
Port Inc.	$193M	1.2x	7.2x
Freelance.com	$175M	0.1x	4.5x
Kamux	$163M	0.2x	5.8x
Rakumachi	$154M	7.4x	n/a
Lifull	$143M	n/a	n/a
YES24	$143M	n/a	n/a
MarkLines	$138M	3.5x	n/a
Vocento	$136M	0.3x	8.3x
TrueCar	$132M	0.7x	-66.2x
trivago	$131M	0.2x	11.8x
SharingTechnology	$123M	2.2x	n/a
lastminute.com	$121M	0.3x	2.2x
Frontier Digital Ventures	$120M	2.6x	26.8x
Gakujo	$117M	1.6x	n/a
hipages Group	$108M	1.9x	8.0x
Freetrailer Group	$108M	n/a	n/a
OpenWork	$98.0M	4.2x	n/a
Airtasker	$96.0M	2.7x	-27.0x
Temairazu	$92.6M	6.3x	n/a
Getaround	$91.2M	n/a	n/a
WM Tech	$89.1M	0.5x	2.4x
Saramin	$83.2M	n/a	n/a
BuildDirect	$82.3M	1.3x	n/a
Yatra India Inc.	$81.3M	0.9x	17.8x
Nerdy	$80.7M	0.4x	-4.8x
CrowdWorks	$79.7M	0.5x	5.3x
Méliuz	$76.2M	1.0x	8.4x
Enechange	$73.3M	2.2x	n/a
Cheche Group	$70.4M	0.2x	-36.4x
OpenDoor Inc.	$69.4M	4.4x	n/a
Ten Lifestyle Group	$69.0M	0.8x	3.5x
Livero	$67.9M	2.4x	13.0x
Gurunavi	$67.7M	0.8x	n/a
HomeToGo	$67.6M	0.3x	3.3x
Freelancer	$59.9M	1.7x	11.8x
Adventure Inc.	$56.4M	n/a	n/a
Oriental Culture Holding	$52.9M	n/a	n/a
Coconala	$47.7M	0.8x	n/a
Articore Group	$47.6M	0.2x	6.4x
AirTrip	$47.6M	0.3x	2.7x
Autoserver	$46.8M	1.1x	n/a
Felix.net	$43.4M	8.0x	n/a
ReAlpha Tech	$42.7M	10.8x	-3.7x
BinBin	$41.6M	n/a	n/a
My Food Bag	$41.5M	0.4x	4.5x
Autopedia Sukses Lestari	$40.8M	0.8x	7.4x
Meatbox Global	$37.8M	0.5x	7.9x
Giftify	$37.5M	0.4x	-28.2x
RIDE ON EXPRESS Holdings	$36.8M	0.2x	n/a
Mad Paws	$36.4M	6.3x	n/a
Wantedly	$36.2M	1.1x	n/a
Token Cat	$33.8M	n/a	n/a
naoo	$32.2M	n/a	n/a
Artmarket.com	$30.1M	n/a	n/a
Rebase	$29.7M	2.2x	n/a
Swvl	$28.8M	n/a	n/a
Ohmyhome	$27.4M	3.3x	-11.0x
1stdibs.com	$24.7M	0.3x	-3.1x
Rent.com.au	$24.1M	11.3x	n/a
VELTRA	$22.8M	0.8x	n/a
AirCloset	$22.0M	0.7x	n/a
Quhuo	$20.3M	n/a	n/a
MoneyHero	$18.6M	0.2x	-2.3x
RMA Global	$13.3M	0.9x	-53.1x
ASMALLWORLD	$12.4M	0.5x	9.2x
Camplify	$9.4M	0.3x	-2.3x
SosTravel.com	$9.0M	0.3x	11.1x
EPWK Holdings	$8.4M	n/a	n/a
Ethero	$7.8M	n/a	n/a
MyHotelMatch	$4.1M	n/a	n/a
Enjoei	-$0.7M	-0.0x	-0.5x
AIX Inc.	-$8.9M	n/a	n/a
Eventbrite	-$20.9M	-0.1x	-0.9x
North Media	-$31.2M	n/a	n/a
Tuniu	-$51.6M	-0.7x	-4.2x
Demae-Can	-$69.2M	-0.3x	n/a
Multitude	-$70.7M	-0.3x	-0.9x