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	$150B	2.9x	17.2x
Booking Holdings	$139B	5.2x	14.1x
Prosus	$106B	12.8x	130.3x
DoorDash	$68.1B	5.0x	24.6x
Airbnb	$63.8B	5.2x	14.9x
Recruit Holdings	$52.0B	2.3x	11.5x
Carvana	$51.5B	2.6x	22.8x
Meituan	$51.2B	1.0x	-27.7x
Naspers	$38.8B	4.0x	46.6x
Copart	$31.1B	6.7x	16.0x
Trip.com Group	$28.0B	3.2x	11.1x
Eternal	$28.0B	5.7x	244.1x
Expedia Group	$26.7B	1.8x	7.8x
Ritchie Bros.	$22.8B	4.9x	16.2x
CoStar Group	$18.6B	5.8x	44.3x
DiDi	$16.1B	0.5x	13.9x
KE Holdings	$15.9B	1.2x	21.0x
KE Holdings (Beike)	$15.9B	1.2x	20.3x
REA Group	$14.9B	12.0x	20.7x
News Corp	$14.3B	1.7x	9.7x
Grab	$12.1B	3.6x	24.3x
Travel+Leisure	$9.9B	2.5x	10.1x
Zillow	$9.7B	3.7x	15.5x
Delivery Hero	$9.4B	0.5x	8.6x
Swiggy	$9.1B	4.0x	-30.0x
Instacart	$7.8B	2.1x	7.3x
CAR Group	$7.8B	9.0x	16.2x
Info Edge	$7.6B	23.4x	59.4x
PB Fintech	$7.6B	11.0x	151.3x
CTS Eventim	$6.2B	1.8x	9.1x
Etsy	$6.1B	2.1x	8.4x
MakeMyTrip	$6.0B	5.4x	31.1x
Scout24	$5.7B	7.4x	12.2x
AUTO1 Group	$5.7B	0.6x	25.7x
Auto Trader	$5.3B	6.3x	9.4x
Tongcheng Travel	$5.3B	1.9x	7.8x
BOSS Zhipin	$5.2B	4.5x	9.7x
Inchcape	$5.0B	0.4x	5.5x
Seek	$5.0B	6.1x	14.1x
Talabat	$4.8B	1.2x	7.7x
Lyft	$4.7B	0.7x	9.1x
Rightmove	$4.4B	7.6x	10.7x
Stubhub	$4.2B	2.4x	18.3x
IAC	$3.1B	1.3x	11.6x
GoTo	$2.9B	2.7x	24.8x
Rasan	$2.8B	15.9x	40.8x
TX Group	$2.0B	1.7x	7.3x
Moltiply Group	$1.9B	2.4x	9.3x
Getty Images	$1.7B	1.8x	5.8x
TBO.com	$1.6B	6.2x	39.5x
The RealReal	$1.6B	2.4x	41.8x
eFinance	$1.6B	11.0x	23.2x
Visional	$1.6B	2.9x	10.1x
Upwork	$1.4B	1.8x	6.4x
Alma Media	$1.4B	3.6x	11.9x
Hemnet	$1.4B	7.9x	15.5x
Tripadvisor	$1.3B	0.7x	4.0x
WeBuyCars	$1.2B	0.7x	12.3x
Baltic Classifieds Group	$1.2B	11.1x	14.4x
Trainline	$1.2B	1.9x	4.9x
IndiaMART InterMESH	$1.1B	6.9x	19.5x
ACV Auctions	$1.1B	1.5x	19.3x
Mony Group	$1.1B	1.8x	5.6x
Cars.com	$1.1B	1.5x	4.9x
LegalZoom	$994M	1.3x	5.9x
ATRenew	$973M	0.3x	15.1x
Uxin	$950M	1.2x	-71.9x
CarTrade	$942M	11.2x	37.1x
Ixigo	$910M	6.9x	73.6x
Grupa Pracuj	$842M	3.6x	8.2x
SelectQuote	$834M	0.5x	5.0x
Wheels Up	$820M	n/a	n/a
eDreams ODIGEO	$809M	1.0x	4.4x
Maoyan Entertainment	$793M	1.2x	8.1x
Hypoport	$786M	1.2x	10.2x
Timee	$744M	3.3x	15.7x
Shutterstock	$743M	0.7x	2.6x
Web Travel Group	$696M	2.6x	6.8x
GoHealth	$669M	1.5x	-9.1x
Nerdwallet	$625M	0.8x	4.1x
UT Group	$598M	0.5x	8.4x
ThredUp	$591M	1.9x	45.8x
DIP	$573M	1.6x	5.9x
Angi	$519M	0.5x	3.7x
Aramis Group	$482M	0.2x	6.4x
Socar	$467M	1.4x	5.5x
BinBin	$449M	n/a	n/a
eHealth	$440M	0.8x	5.9x
GA technologies	$386M	0.2x	4.4x
EverQuote	$385M	0.6x	4.2x
Rent the Runway	$352M	1.2x	7.5x
Vivid Seats	$332M	0.6x	7.4x
Bengo4.com	$329M	3.2x	17.5x
Jiayin Group	$318M	n/a	n/a
Stitch Fix	$295M	0.2x	7.0x
Yatra India Ltd.	$270M	2.4x	28.7x
On The Beach Group	$267M	1.5x	4.6x
SunCar Technology	$254M	0.5x	17.8x
Everyday Network Co.	$252M	n/a	n/a
EaseMyTrip	$249M	n/a	n/a
Marti Technologies	$244M	7.1x	-14.3x
HomeToGo	$243M	0.8x	91.5x
So-Young	$236M	1.1x	-9.8x
ZIGExN	$226M	1.3x	4.7x
Quick Co.	$218M	1.0x	n/a
Port Inc.	$217M	1.3x	7.8x
Eventbrite	$216M	0.7x	8.5x
One Career	$210M	4.3x	n/a
Syuppin	$190M	0.6x	n/a
Bytetravel	$183M	n/a	n/a
Hostelworld Group	$176M	1.5x	7.4x
Freelance.com	$166M	0.1x	4.8x
Lifull	$153M	0.9x	n/a
Kamux	$150M	0.1x	5.4x
YES24	$148M	n/a	n/a
Vocento	$147M	0.4x	7.3x
SharingTechnology	$140M	2.5x	n/a
lastminute.com	$139M	0.3x	2.3x
Autostreets Development	$136M	n/a	n/a
AIX Inc.	$131M	n/a	n/a
Freetrailer Group	$123M	n/a	n/a
Gakujo	$121M	1.7x	n/a
Rakumachi	$121M	6.0x	n/a
En	$116M	0.3x	2.4x
1stdibs.com	$111M	1.2x	-37.1x
BuildDirect	$99.3M	n/a	n/a
MarkLines	$96.2M	2.7x	n/a
Getaround	$90.8M	n/a	n/a
Ten Lifestyle Group	$88.7M	1.0x	4.4x
OpenWork	$83.8M	n/a	n/a
Saramin	$81.4M	n/a	n/a
hipages Group	$80.7M	1.4x	5.8x
Airtasker	$79.1M	2.0x	-7.7x
trivago	$78.5M	0.1x	4.9x
Dida	$77.9M	n/a	n/a
Temairazu	$76.2M	5.2x	n/a
Yatra India Inc.	$74.7M	0.7x	11.3x
Nerdy	$71.3M	0.4x	-3.5x
Frontier Digital Ventures	$68.5M	1.5x	14.4x
Cheche Group	$65.6M	n/a	n/a
Livero	$64.0M	2.3x	11.1x
Articore Group	$62.0M	0.2x	6.6x
Méliuz	$59.8M	0.7x	4.3x
Freelancer	$55.5M	1.4x	9.2x
Gurunavi	$52.2M	0.6x	n/a
CrowdWorks	$49.8M	0.4x	4.5x
Enechange	$47.9M	1.4x	n/a
Autoserver	$47.2M	n/a	n/a
OpenDoor Inc.	$45.2M	2.9x	n/a
WM Tech	$42.3M	0.2x	1.2x
My Food Bag	$42.2M	0.4x	4.3x
RIDE ON EXPRESS Holdings	$41.0M	0.3x	n/a
Rent.com.au	$38.5M	16.6x	n/a
Autopedia Sukses Lestari	$38.4M	n/a	n/a
Giftify	$34.0M	0.4x	-25.4x
ReAlpha Tech	$31.9M	6.2x	-2.9x
Coconala	$31.7M	0.5x	n/a
Ohmyhome	$31.6M	3.0x	-13.9x
Token Cat	$29.7M	n/a	n/a
Felix.net	$29.2M	3.8x	-11.3x
MoneyHero	$29.0M	0.4x	-5.4x
Wantedly	$27.9M	0.9x	n/a
Meatbox Global	$26.2M	n/a	n/a
naoo	$25.6M	2.2x	-7.1x
Artmarket.com	$22.6M	n/a	n/a
RMA Global	$22.5M	1.5x	-22.7x
Adventure Inc.	$22.5M	0.1x	n/a
AirTrip	$18.0M	0.1x	n/a
AirCloset	$15.9M	0.5x	n/a
Camplify	$15.8M	0.5x	-5.7x
Quhuo	$14.4M	n/a	n/a
Rebase	$12.7M	0.9x	n/a
Swvl	$11.5M	n/a	n/a
ASMALLWORLD	$9.5M	0.4x	7.3x
SosTravel.com	$8.6M	0.4x	719.4x
VELTRA	$7.7M	n/a	n/a
Enjoei	$3.7M	n/a	n/a
MyHotelMatch	$3.7M	n/a	n/a
Ethero	$2.2M	n/a	n/a
Oriental Culture Holding	-$19.0M	n/a	n/a
North Media	-$50.0M	n/a	n/a
Tuniu	-$64.8M	n/a	n/a
Demae-Can	-$77.2M	-0.3x	n/a
Multitude	-$126M	-0.4x	-1.1x