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	$179B	3.5x	20.8x
Booking Holdings	$171B	6.5x	17.5x
Prosus	$128B	16.2x	169.8x
DoorDash	$94.0B	6.9x	34.5x
Recruit Holdings	$71.2B	3.1x	15.7x
Carvana	$69.8B	3.6x	31.6x
Airbnb	$68.2B	5.6x	16.0x
Meituan	$66.9B	1.3x	-47.7x
Naspers	$44.3B	4.8x	57.6x
Trip.com Group	$38.6B	4.5x	15.4x
Expedia Group	$33.9B	2.3x	10.0x
Copart	$32.3B	6.9x	16.5x
Eternal	$28.8B	6.2x	253.6x
CoStar Group	$27.8B	8.7x	67.6x
Ritchie Bros.	$23.5B	5.1x	17.0x
DiDi	$18.6B	0.6x	16.4x
Zillow	$17.2B	6.7x	27.8x
KE Holdings (Beike)	$16.6B	1.2x	21.3x
KE Holdings	$16.6B	1.2x	21.7x
Grab	$16.4B	4.8x	33.4x
REA Group	$16.2B	14.1x	24.2x
News Corp	$15.9B	1.9x	10.8x
Instacart	$10.0B	2.7x	9.4x
Swiggy	$9.8B	4.4x	-32.0x
Travel+Leisure	$9.8B	2.5x	10.1x
PB Fintech	$9.8B	14.3x	203.5x
Info Edge	$9.1B	28.1x	71.0x
Delivery Hero	$9.0B	0.5x	8.5x
CAR Group	$8.6B	10.7x	19.2x
MakeMyTrip	$8.0B	7.3x	42.2x
Lyft	$7.5B	1.2x	14.6x
CTS Eventim	$7.4B	2.1x	11.0x
Scout24	$7.3B	9.7x	15.9x
AUTO1 Group	$7.1B	0.8x	33.4x
BOSS Zhipin	$7.1B	6.1x	13.4x
Auto Trader	$6.8B	8.3x	12.4x
Seek	$6.2B	8.1x	18.8x
Stubhub	$6.0B	n/a	n/a
Talabat	$5.9B	1.6x	9.6x
Rightmove	$5.4B	9.5x	13.4x
Tongcheng Travel	$5.1B	1.9x	7.6x
Inchcape	$4.5B	0.4x	5.1x
GoTo	$3.5B	3.2x	31.0x
IAC	$3.4B	1.4x	12.3x
Openlane	$2.9B	1.5x	8.8x
Upwork	$2.6B	3.3x	11.7x
Rasan	$2.3B	13.8x	35.7x
Visional	$2.1B	3.8x	13.4x
Moltiply Group	$2.0B	2.7x	10.3x
The RealReal	$2.0B	3.0x	54.0x
TX Group	$2.0B	1.7x	9.6x
Getty Images	$1.9B	2.0x	6.6x
Tripadvisor	$1.9B	1.0x	5.7x
Hemnet	$1.8B	11.1x	21.7x
TBO.com	$1.8B	6.8x	43.9x
LegalZoom	$1.5B	2.1x	9.1x
Alma Media	$1.4B	3.7x	12.2x
ACV Auctions	$1.4B	1.8x	24.7x
CarTrade	$1.4B	16.3x	54.4x
Trainline	$1.3B	2.2x	5.6x
Mony Group	$1.3B	2.2x	6.7x
WeBuyCars	$1.3B	0.8x	13.8x
eFinance	$1.3B	n/a	n/a
Ixigo	$1.2B	9.3x	99.3x
Baltic Classifieds Group	$1.2B	11.8x	15.2x
IndiaMART InterMESH	$1.2B	7.1x	20.2x
Cars.com	$1.2B	1.6x	5.5x
Hypoport	$1.1B	1.7x	14.8x
ThredUp	$1.0B	3.4x	82.7x
Grupa Pracuj	$1.0B	4.6x	10.4x
Nerdwallet	$1.0B	1.2x	6.8x
Web Travel Group	$987M	4.0x	10.4x
Wheels Up	$927M	n/a	n/a
SelectQuote	$920M	0.6x	5.4x
eDreams ODIGEO	$901M	1.1x	4.9x
ATRenew	$892M	0.3x	n/a
Timee	$879M	3.9x	18.3x
EverQuote	$852M	1.3x	9.5x
Shutterstock	$806M	0.8x	2.8x
Uxin	$797M	0.9x	n/a
Angi	$744M	0.7x	5.3x
Maoyan Entertainment	$728M	1.1x	7.5x
GoHealth	$692M	1.5x	-10.9x
DIP	$594M	1.6x	6.0x
Stitch Fix	$570M	0.4x	13.3x
UT Group	$557M	0.5x	7.9x
Aramis Group	$543M	0.2x	7.4x
GA technologies	$534M	0.3x	6.3x
Rent the Runway	$533M	1.7x	11.4x
eHealth	$513M	0.9x	7.2x
BinBin	$494M	n/a	n/a
Socar	$454M	1.4x	5.5x
Bengo4.com	$417M	4.1x	22.5x
Jiayin Group	$347M	n/a	n/a
Vivid Seats	$341M	0.6x	6.8x
On The Beach Group	$312M	1.9x	5.6x
Everyday Network Co.	$308M	n/a	n/a
Yatra India Ltd.	$296M	2.7x	32.2x
EaseMyTrip	$294M	n/a	n/a
Marti Technologies	$271M	8.1x	-15.8x
ZIGExN	$257M	1.6x	5.6x
One Career	$255M	5.3x	n/a
SunCar Technology	$231M	0.5x	15.0x
So-Young	$224M	1.1x	-8.4x
Quick Co.	$217M	1.0x	n/a
Eventbrite	$209M	0.7x	8.1x
Bytetravel	$205M	n/a	n/a
Port Inc.	$204M	1.2x	7.3x
Inspirato	$203M	0.8x	80.6x
Hostelworld Group	$193M	1.7x	8.3x
HomeToGo	$190M	0.6x	58.5x
En	$175M	0.4x	3.6x
Syuppin	$168M	0.5x	n/a
Autostreets Development	$167M	n/a	n/a
Freelance.com	$160M	0.1x	4.7x
SharingTechnology	$158M	2.8x	n/a
Kamux	$150M	0.1x	5.5x
YES24	$148M	n/a	n/a
Vocento	$143M	0.4x	7.6x
1stdibs.com	$143M	1.6x	-43.1x
Rakumachi	$141M	7.0x	n/a
Dida	$128M	n/a	n/a
Freetrailer Group	$118M	n/a	n/a
Gakujo	$116M	1.6x	n/a
Lifull	$116M	0.6x	n/a
Nerdy	$113M	0.6x	-5.5x
MarkLines	$107M	2.7x	n/a
trivago	$106M	0.2x	6.8x
hipages Group	$101M	1.8x	7.7x
TrueCar	$97.9M	0.5x	-36.6x
Airtasker	$95.0M	2.5x	-8.7x
Yatra India Inc.	$93.1M	0.9x	14.5x
BuildDirect	$92.3M	1.4x	n/a
Getaround	$90.8M	n/a	n/a
Ten Lifestyle Group	$87.8M	1.0x	4.4x
Frontier Digital Ventures	$85.8M	2.1x	16.6x
OpenWork	$83.8M	3.7x	n/a
Livero	$81.1M	2.9x	14.3x
Temairazu	$75.9M	5.2x	n/a
Saramin	$75.7M	n/a	n/a
Cheche Group	$70.3M	0.2x	-110.2x
CrowdWorks	$69.0M	0.5x	5.4x
Méliuz	$67.9M	0.9x	5.8x
lastminute.com	$67.3M	0.2x	1.1x
WM Tech	$65.2M	0.4x	1.8x
ReAlpha Tech	$59.0M	11.9x	-4.9x
Freelancer	$58.0M	1.6x	10.5x
Gurunavi	$51.8M	0.6x	n/a
Enechange	$51.2M	1.5x	n/a
Autoserver	$45.0M	1.1x	n/a
OpenDoor Inc.	$44.5M	2.9x	n/a
Autopedia Sukses Lestari	$42.5M	0.8x	7.8x
My Food Bag	$42.5M	0.4x	4.6x
Rent.com.au	$39.9M	18.4x	n/a
Articore Group	$39.3M	0.2x	4.6x
RIDE ON EXPRESS Holdings	$39.1M	0.3x	n/a
Giftify	$36.0M	0.4x	-25.5x
Coconala	$35.6M	0.6x	n/a
Token Cat	$33.3M	n/a	n/a
Wantedly	$31.0M	1.0x	n/a
naoo	$30.8M	n/a	n/a
MoneyHero	$28.7M	0.4x	-4.2x
Felix.net	$28.4M	4.1x	-11.6x
Meatbox Global	$27.5M	0.4x	6.0x
Artmarket.com	$26.2M	n/a	n/a
Adventure Inc.	$19.9M	0.1x	n/a
Swvl	$19.2M	n/a	n/a
Rebase	$17.7M	1.3x	n/a
Ohmyhome	$17.3M	1.6x	-7.6x
AirCloset	$16.9M	0.5x	n/a
AirTrip	$16.5M	0.1x	0.9x
RMA Global	$16.2M	1.2x	-17.4x
Quhuo	$14.5M	n/a	n/a
Camplify	$12.6M	0.4x	-4.2x
ASMALLWORLD	$8.8M	0.4x	7.0x
SosTravel.com	$7.7M	0.3x	145.0x
EPWK Holdings	$6.5M	n/a	n/a
VELTRA	$4.2M	0.2x	n/a
Ethero	$3.8M	n/a	n/a
MyHotelMatch	$3.7M	n/a	n/a
Enjoei	$1.7M	0.0x	1.5x
Oriental Culture Holding	-$1.6M	n/a	n/a
AIX Inc.	-$28.2M	n/a	n/a
North Media	-$49.0M	n/a	n/a
Tuniu	-$52.5M	-0.7x	-2.9x
Demae-Can	-$80.3M	-0.3x	n/a
Multitude	-$141M	-0.5x	-1.3x