Vertical Marketplaces Valuation Multiples and Public Comps

Vertical Marketplaces

See analyst estimates and all valuation multiples for Vertical Marketplaces

Company	EV	EV/Revenue	EV/EBITDA
Uber	$157B	3.4x	22.2x
Booking Holdings	$150B	6.2x	17.7x
Meituan	$100B	2.1x	14.4x
Prosus	$89.8B	15.0x	223.7x
DoorDash	$71.6B	6.3x	33.5x
Recruit Holdings	$66.2B	2.8x	15.2x
Airbnb	$62.0B	5.4x	15.1x
Copart	$54.1B	11.8x	28.4x
Naspers	$38.1B	5.0x	166.1x
Trip.com Group	$32.1B	4.2x	13.6x
Carvana	$31.4B	2.2x	20.6x
CoStar Group	$30.0B	10.7x	104.9x
Eternal	$22.6B	9.4x	222.7x
Ritchie Bros.	$21.7B	5.0x	16.6x
Expedia Group	$21.3B	1.5x	7.1x
REA Group	$19.8B	19.2x	33.6x
KE Holdings	$18.7B	1.4x	17.7x
News Corp	$16.8B	1.9x	11.7x
DiDi	$14.6B	0.5x	13.8x
Zillow A	$13.9B	6.0x	26.1x
Delivery Hero	$11.1B	0.8x	12.8x
Grab	$11.0B	3.7x	30.8x
MakeMyTrip	$10.3B	10.3x	58.1x
Swiggy	$10.0B	5.6x	-38.0x
Instacart	$9.6B	2.8x	10.5x
Info Edge	$9.3B	29.8x	70.9x
Auto Trader	$8.6B	11.0x	16.6x
CAR Group	$8.5B	11.7x	21.4x
Travel+Leisure	$8.2B	2.1x	8.8x
Talabat	$8.0B	2.7x	15.3x
CTS Eventim	$7.8B	2.5x	13.0x
PB Fintech	$7.8B	13.4x	307.7x
Scout24	$7.7B	12.2x	20.0x
Rightmove	$7.2B	13.9x	19.8x
Schibsted	$6.2B	7.7x	36.6x
Etsy	$6.0B	2.1x	7.8x
Tongcheng Travel	$5.9B	2.4x	11.4x
Seek	$5.4B	8.0x	19.0x
AUTO1 Group	$5.0B	0.7x	39.7x
Just Eat Takeaway.com	$4.5B	1.1x	9.9x
BOSS Zhipin	$4.4B	4.2x	10.8x
GoTo	$4.2B	4.3x	150.2x
Inchcape	$4.1B	0.3x	4.4x
Lyft	$3.7B	0.6x	9.0x
Hemnet	$3.5B	23.0x	44.3x
IAC	$2.9B	0.8x	7.5x
ACV Auctions	$2.4B	3.6x	59.8x
Openlane	$2.1B	1.2x	7.2x
Baltic Classifieds Group	$2.0B	21.1x	27.2x
TX Group	$1.9B	1.8x	9.4x
Getty Images	$1.9B	2.0x	6.4x
Moltiply Group	$1.8B	3.3x	12.6x
Domain Group	$1.7B	6.6x	18.9x
Visional	$1.6B	3.3x	11.8x
Trainline	$1.5B	2.7x	7.5x
Deliveroo	$1.5B	0.6x	8.1x
Tripadvisor	$1.5B	0.8x	4.4x
Despegar.com	$1.5B	1.9x	8.2x
Upwork	$1.5B	1.9x	8.5x
Hypoport	$1.3B	2.2x	23.6x
Mony Group	$1.3B	2.2x	7.0x
SelectQuote	$1.3B	0.9x	10.0x
eDreams ODIGEO	$1.2B	1.7x	8.2x
Alma Media	$1.2B	3.6x	12.0x
TBO.com	$1.2B	5.8x	33.1x
IndiaMART InterMESH	$1.2B	7.3x	19.4x
Cars.com	$1.1B	1.5x	5.3x
LegalZoom	$1.1B	1.6x	7.3x
Timee	$1.1B	5.1x	27.9x
Uxin	$991M	n/a	n/a
WeBuyCars	$977M	n/a	n/a
Grupa Pracuj	$967M	4.8x	11.1x
The RealReal	$949M	1.5x	65.5x
Aramis Group	$830M	0.3x	12.9x
Wheels Up	$815M	n/a	n/a
CarTrade	$774M	10.3x	39.6x
Web Travel Group	$753M	3.7x	10.0x
eFinance	$749M	n/a	n/a
Maoyan Entertainment	$734M	1.2x	10.4x
Shutterstock	$719M	0.7x	2.8x
Angi	$712M	0.6x	4.9x
GoHealth	$648M	0.8x	5.1x
DIP	$640M	1.7x	5.5x
EverQuote	$634M	1.2x	9.9x
RumbleON	$628M	0.5x	17.8x
Ixigo	$607M	5.9x	68.4x
ZipRecruiter	$591M	1.3x	9.2x
Nerdwallet	$556M	0.8x	5.0x
Vivid Seats	$544M	0.7x	3.8x
Jiayin Group	$538M	n/a	n/a
Socar	$519M	1.7x	11.5x
EaseMyTrip	$507M	n/a	n/a
GA technologies	$431M	0.3x	6.1x
ThredUp	$425M	1.6x	48.2x
Bengo4.com	$379M	4.0x	27.1x
On The Beach Group	$372M	2.1x	6.7x
UT Group	$328M	0.3x	5.2x
SunCar Technology	$323M	0.7x	13.2x
Rent the Runway	$320M	1.0x	6.5x
Autostreets Development	$300M	n/a	n/a
En Japan	$289M	0.7x	5.5x
Stitch Fix	$284M	0.2x	7.1x
Everyday Network Co.	$278M	n/a	n/a
ZIGExN	$235M	1.4x	5.0x
Inspirato	$230M	0.9x	-58.9x
Bytetravel	$213M	n/a	n/a
ATRenew	$200M	0.1x	n/a
eHealth	$199M	0.4x	3.2x
Freelance.com	$184M	0.2x	5.1x
Syuppin	$179M	0.5x	n/a
Kamux	$179M	0.2x	6.4x
One Career	$176M	4.4x	n/a
Port Inc.	$174M	1.2x	6.5x
Marti Technologies	$174M	n/a	n/a
Hostelworld Group	$171M	1.7x	7.0x
Vacasa	$161M	0.2x	-20.4x
Vocento	$150M	0.4x	88.8x
MarkLines	$149M	3.9x	n/a
trivago	$134M	0.3x	14.7x
SharingTechnology	$133M	2.5x	n/a
HomeToGo	$132M	0.5x	7.0x
Quick Co.	$131M	n/a	n/a
Nerdy	$129M	0.7x	-6.7x
Yatra India Ltd.	$123M	1.2x	22.2x
Quhuo	$117M	n/a	n/a
YES24	$113M	n/a	n/a
lastminute.com	$113M	0.3x	2.5x
EPWK Holdings	$112M	n/a	n/a
Gakujo	$110M	1.5x	n/a
Freetrailer Group	$109M	n/a	n/a
Rakumachi	$108M	6.8x	n/a
Adventure Inc.	$107M	0.7x	8.1x
Liberty TripAdvisor Holdings	$104M	n/a	n/a
OpenDoor Inc.	$102M	6.4x	n/a
Getaround	$92.6M	n/a	n/a
CrowdWorks	$87.6M	0.6x	6.1x
WM Tech	$87.4M	0.5x	2.2x
Gurunavi	$85.7M	n/a	n/a
Temairazu	$84.2M	5.9x	n/a
Lifull	$83.3M	0.4x	n/a
BinBin	$82.0M	n/a	n/a
Saramin	$81.9M	n/a	n/a
Ten Lifestyle Group	$77.6M	0.9x	4.5x
Dada Nexus	$74.0M	0.1x	-0.6x
hipages Group	$71.6M	1.4x	6.0x
Enechange	$70.2M	2.0x	n/a
Airtasker	$66.9M	2.0x	-10.6x
Frontier Digital Ventures	$66.6M	1.4x	31.0x
OpenWork	$65.9M	2.8x	n/a
Cheche Group	$61.8M	0.1x	-9.1x
Giftify	$60.7M	0.6x	-26.9x
artnet	$59.4M	n/a	n/a
Freelancer	$57.0M	1.7x	16.9x
AirTrip	$56.9M	0.3x	3.0x
Livero	$48.4M	1.9x	11.2x
Wantedly	$47.0M	1.4x	n/a
Meatbox Global	$44.4M	0.5x	8.0x
BuildDirect	$44.2M	n/a	n/a
VELTRA	$40.6M	1.4x	n/a
Autoserver	$40.4M	1.0x	n/a
My Food Bag	$40.4M	n/a	n/a
Rebase	$39.3M	3.0x	n/a
RIDE ON EXPRESS Holdings	$37.6M	n/a	n/a
ReAlpha Tech	$34.7M	22.2x	-6.0x
Autopedia Sukses Lestari	$31.0M	n/a	n/a
Swvl	$27.4M	n/a	n/a
Yatra India Inc.	$26.2M	0.3x	4.2x
AirCloset	$26.1M	0.9x	n/a
Felix.net	$24.3M	4.6x	-12.3x
Coconala	$23.9M	0.4x	n/a
Artmarket.com	$22.4M	n/a	n/a
Wag!	$20.6M	0.3x	-18.7x
ASMALLWORLD	$18.0M	0.7x	11.4x
TrueCar	$17.6M	0.1x	15.4x
Mad Paws	$17.3M	0.9x	1013.6x
Camplify	$13.0M	0.5x	-2.9x
Zoomcar	$12.9M	n/a	n/a
Eventbrite	$11.8M	0.0x	0.4x
RMA Global	$10.3M	0.7x	-14.9x
Rent.com.au	$8.6M	4.1x	n/a
SosTravel.com	$8.3M	0.3x	8.8x
Token Cat	$7.7M	n/a	n/a
MyHotelMatch	$6.0M	n/a	n/a
Enjoei	$5.2M	n/a	n/a
1stdibs.com	$5.0M	0.1x	-0.6x
Ohmyhome	$3.7M	n/a	n/a
Méliuz	$2.4M	0.0x	-0.7x
Entreparticuliers	$1.6M	n/a	n/a
Articore Group	-$7.7M	-0.0x	-1.7x
MoneyHero	-$17.5M	-0.2x	0.6x
Tuniu	-$22.3M	-0.3x	-1.4x
Demae-Can	-$29.4M	-0.1x	n/a
Dida	-$35.5M	n/a	n/a
So-Young	-$47.8M	-0.2x	0.8x
North Media	-$53.9M	-0.3x	-2.6x
AIX Inc.	-$68.8M	n/a	n/a
Multitude	-$98.3M	-0.4x	-1.3x