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	$160B	3.1x	18.3x
Booking Holdings	$136B	5.1x	13.8x
Prosus	$108B	13.1x	133.5x
DoorDash	$74.4B	5.4x	26.8x
Airbnb	$72.1B	5.9x	16.9x
Recruit Holdings	$58.7B	2.5x	12.9x
Carvana	$50.4B	2.5x	22.4x
Meituan	$50.3B	1.0x	-27.2x
Naspers	$38.5B	3.9x	46.2x
Copart	$31.7B	6.8x	16.3x
Trip.com Group	$27.4B	3.2x	10.8x
Expedia Group	$27.1B	1.9x	8.0x
Eternal	$24.0B	4.9x	210.1x
Ritchie Bros.	$22.7B	4.9x	16.3x
CoStar Group	$18.2B	5.6x	43.2x
REA Group	$15.4B	12.3x	21.2x
DiDi	$15.1B	0.5x	13.0x
News Corp	$14.8B	1.7x	10.0x
KE Holdings	$14.7B	1.1x	19.4x
KE Holdings (Beike)	$14.7B	1.1x	18.8x
Grab	$12.5B	3.7x	25.0x
Travel+Leisure	$10.1B	2.5x	10.3x
Zillow	$9.9B	3.8x	15.8x
Instacart	$9.2B	2.5x	8.5x
Delivery Hero	$9.1B	0.5x	8.4x
Swiggy	$8.2B	3.6x	-27.1x
CAR Group	$8.1B	9.3x	16.7x
PB Fintech	$7.5B	10.9x	150.7x
Etsy	$7.0B	2.4x	9.6x
Info Edge	$6.9B	21.3x	53.9x
CTS Eventim	$6.4B	1.8x	9.4x
Scout24	$6.0B	7.9x	12.9x
MakeMyTrip	$6.0B	5.4x	30.9x
Auto Trader	$5.6B	6.6x	9.9x
AUTO1 Group	$5.2B	0.5x	23.5x
Inchcape	$5.2B	0.4x	5.7x
Seek	$5.0B	6.1x	14.2x
Lyft	$4.9B	0.8x	9.5x
Tongcheng Travel	$4.9B	1.8x	7.3x
BOSS Zhipin	$4.8B	4.2x	9.0x
Rightmove	$4.5B	7.9x	11.2x
Stubhub	$4.3B	2.4x	18.8x
Talabat	$3.8B	1.0x	6.0x
IAC	$3.4B	1.4x	12.8x
GoTo	$3.0B	2.8x	25.9x
Rasan	$2.8B	15.9x	40.8x
TX Group	$2.0B	1.8x	7.6x
Moltiply Group	$1.9B	2.4x	9.3x
The RealReal	$1.8B	2.6x	45.9x
Getty Images	$1.6B	1.7x	5.5x
Alma Media	$1.5B	4.0x	13.0x
Visional	$1.5B	2.6x	9.2x
Upwork	$1.5B	1.8x	6.5x
eFinance	$1.4B	10.0x	21.0x
Tripadvisor	$1.4B	0.7x	4.2x
TBO.com	$1.4B	5.1x	32.8x
Hemnet	$1.3B	7.3x	14.3x
WeBuyCars	$1.2B	0.7x	12.6x
Mony Group	$1.2B	2.0x	6.3x
Baltic Classifieds Group	$1.1B	11.1x	14.4x
Trainline	$1.1B	1.9x	4.9x
IndiaMART InterMESH	$1.1B	6.8x	19.4x
LegalZoom	$1.0B	1.4x	6.0x
ATRenew	$1.0B	0.3x	15.6x
Uxin	$977M	1.2x	-73.9x
Cars.com	$907M	1.3x	4.2x
CarTrade	$855M	10.2x	33.8x
Hypoport	$836M	1.3x	10.9x
Grupa Pracuj	$836M	3.7x	8.2x
SelectQuote	$828M	0.5x	5.0x
eDreams ODIGEO	$799M	1.0x	4.4x
ACV Auctions	$786M	1.0x	13.7x
Wheels Up	$775M	n/a	n/a
Ixigo	$755M	5.8x	61.4x
Timee	$748M	3.3x	15.7x
Nerdwallet	$729M	0.9x	4.8x
Shutterstock	$711M	0.7x	2.5x
GoHealth	$663M	1.5x	-9.0x
Web Travel Group	$639M	2.4x	6.2x
Maoyan Entertainment	$630M	0.9x	6.4x
ThredUp	$612M	2.0x	47.4x
UT Group	$606M	0.5x	8.5x
DIP	$580M	1.6x	5.9x
Angi	$506M	0.5x	3.6x
Aramis Group	$479M	0.2x	6.4x
Socar	$473M	1.4x	5.5x
eHealth	$428M	0.8x	5.7x
EverQuote	$425M	0.6x	4.6x
GA technologies	$412M	0.2x	4.7x
BinBin	$395M	n/a	n/a
Rent the Runway	$352M	1.1x	7.5x
Jiayin Group	$333M	n/a	n/a
EaseMyTrip	$331M	n/a	n/a
Vivid Seats	$324M	0.6x	7.3x
Bengo4.com	$313M	3.1x	16.5x
Stitch Fix	$290M	0.2x	6.2x
On The Beach Group	$274M	1.6x	4.8x
SunCar Technology	$273M	0.6x	19.2x
Everyday Network Co.	$255M	n/a	n/a
Port Inc.	$253M	1.5x	9.0x
ZIGExN	$241M	1.3x	5.0x
Marti Technologies	$239M	7.0x	-14.0x
HomeToGo	$235M	0.8x	89.2x
So-Young	$221M	1.0x	-9.1x
Eventbrite	$217M	0.7x	8.6x
Quick Co.	$215M	1.0x	n/a
Syuppin	$200M	0.6x	n/a
One Career	$185M	3.8x	n/a
Yatra India Ltd.	$178M	1.6x	19.0x
Bytetravel	$174M	n/a	n/a
Hostelworld Group	$173M	1.5x	7.4x
Freelance.com	$165M	0.1x	4.8x
Lifull	$160M	0.9x	n/a
SharingTechnology	$156M	2.7x	n/a
AIX Inc.	$153M	n/a	n/a
Vocento	$151M	0.4x	7.6x
YES24	$150M	n/a	n/a
Autostreets Development	$134M	n/a	n/a
lastminute.com	$123M	0.3x	2.0x
Rakumachi	$121M	5.9x	n/a
Gakujo	$120M	1.6x	n/a
Kamux	$120M	0.1x	4.4x
En	$117M	0.3x	2.4x
BuildDirect	$107M	n/a	n/a
1stdibs.com	$104M	1.2x	-34.8x
MarkLines	$99.9M	2.8x	n/a
Getaround	$90.8M	n/a	n/a
Freetrailer Group	$87.9M	n/a	n/a
Ten Lifestyle Group	$87.4M	1.0x	4.4x
OpenWork	$84.7M	n/a	n/a
Saramin	$82.5M	n/a	n/a
trivago	$80.7M	0.1x	5.1x
Airtasker	$79.5M	2.0x	-7.7x
Dida	$71.0M	n/a	n/a
Temairazu	$70.7M	4.8x	n/a
Frontier Digital Ventures	$70.3M	1.5x	14.8x
Nerdy	$67.0M	0.4x	-3.3x
hipages Group	$66.0M	1.1x	4.7x
Livero	$64.0M	2.2x	11.0x
Yatra India Inc.	$60.5M	0.5x	9.1x
Méliuz	$60.4M	0.7x	4.3x
OpenDoor Inc.	$59.1M	3.8x	n/a
Cheche Group	$54.8M	n/a	n/a
Freelancer	$52.8M	1.4x	8.7x
Gurunavi	$51.8M	0.6x	n/a
Enechange	$49.6M	1.5x	n/a
Adventure Inc.	$48.7M	0.3x	n/a
Autoserver	$46.6M	n/a	n/a
My Food Bag	$41.8M	0.4x	4.3x
Autopedia Sukses Lestari	$40.0M	n/a	n/a
Rent.com.au	$38.7M	16.6x	n/a
WM Tech	$37.5M	0.2x	1.0x
RIDE ON EXPRESS Holdings	$37.2M	0.2x	n/a
MoneyHero	$34.6M	0.5x	-6.4x
CrowdWorks	$34.5M	0.2x	3.1x
Giftify	$33.1M	0.4x	-24.7x
ReAlpha Tech	$32.9M	6.4x	-3.0x
Coconala	$31.8M	0.5x	n/a
Articore Group	$29.4M	0.1x	3.1x
Felix.net	$29.3M	3.8x	-11.3x
Wantedly	$29.1M	0.9x	n/a
Token Cat	$28.2M	n/a	n/a
Ohmyhome	$27.7M	2.6x	-12.2x
Meatbox Global	$26.5M	n/a	n/a
naoo	$25.4M	2.2x	-7.1x
RMA Global	$22.6M	1.5x	-22.7x
Artmarket.com	$22.4M	n/a	n/a
AirTrip	$21.5M	0.1x	n/a
Camplify	$15.9M	0.5x	-5.7x
AirCloset	$14.5M	0.5x	n/a
VELTRA	$14.4M	n/a	n/a
Quhuo	$14.3M	n/a	n/a
Rebase	$13.0M	1.0x	n/a
Swvl	$11.7M	n/a	n/a
ASMALLWORLD	$8.0M	0.3x	6.2x
SosTravel.com	$7.9M	0.3x	665.8x
Enjoei	$3.8M	n/a	n/a
MyHotelMatch	$3.7M	n/a	n/a
Ethero	$2.2M	n/a	n/a
Oriental Culture Holding	-$19.8M	n/a	n/a
North Media	-$36.9M	n/a	n/a
Tuniu	-$59.8M	n/a	n/a
Demae-Can	-$68.4M	-0.3x	n/a
Multitude	-$131M	-0.5x	-1.2x