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	$152B	2.9x	17.4x
Booking Holdings	$135B	5.1x	13.7x
Prosus	$109B	13.1x	134.1x
DoorDash	$68.5B	5.0x	24.7x
Airbnb	$63.1B	5.2x	14.8x
Recruit Holdings	$58.1B	2.5x	12.9x
Meituan	$53.3B	1.0x	-28.8x
Carvana	$51.6B	2.6x	22.9x
Naspers	$39.5B	4.0x	47.4x
Copart	$30.4B	6.5x	15.6x
Eternal	$29.3B	6.0x	255.2x
Trip.com Group	$28.8B	3.3x	11.4x
Expedia Group	$28.2B	1.9x	8.3x
Ritchie Bros.	$22.8B	4.9x	16.2x
CoStar Group	$18.3B	5.7x	43.6x
DiDi	$17.1B	0.5x	14.8x
KE Holdings	$16.8B	1.3x	22.3x
KE Holdings (Beike)	$16.8B	1.2x	21.6x
REA Group	$15.4B	12.4x	21.4x
News Corp	$14.4B	1.7x	9.7x
Grab	$12.7B	3.7x	25.4x
Travel+Leisure	$10.0B	2.5x	10.2x
Delivery Hero	$9.9B	0.6x	9.1x
Zillow	$9.8B	3.8x	15.6x
Swiggy	$9.1B	4.0x	-29.9x
CAR Group	$7.8B	9.0x	16.2x
PB Fintech	$7.7B	11.2x	154.2x
Info Edge	$7.7B	23.6x	59.8x
Instacart	$7.0B	1.9x	6.5x
AUTO1 Group	$6.5B	0.7x	29.0x
CTS Eventim	$6.4B	1.8x	9.3x
Scout24	$6.2B	8.0x	13.1x
MakeMyTrip	$6.2B	5.6x	32.1x
Etsy	$6.1B	2.1x	8.5x
BOSS Zhipin	$5.8B	5.0x	10.8x
Talabat	$5.4B	1.4x	8.7x
Auto Trader	$5.4B	6.4x	9.5x
Tongcheng Travel	$5.4B	1.9x	7.9x
Seek	$5.2B	6.4x	14.7x
Inchcape	$5.1B	0.4x	5.6x
Lyft	$5.0B	0.8x	9.5x
Rightmove	$4.5B	7.7x	10.8x
Stubhub	$4.0B	2.3x	17.6x
IAC	$3.2B	1.3x	11.8x
GoTo	$2.9B	2.7x	25.4x
Rasan	$2.8B	15.9x	40.8x
TX Group	$2.0B	1.7x	7.3x
Moltiply Group	$1.9B	2.4x	9.2x
Visional	$1.7B	3.1x	10.8x
Getty Images	$1.7B	1.8x	5.9x
eFinance	$1.6B	11.0x	23.2x
The RealReal	$1.6B	2.3x	41.4x
TBO.com	$1.6B	5.9x	38.1x
Hemnet	$1.4B	8.1x	15.9x
Alma Media	$1.4B	3.6x	11.9x
Upwork	$1.4B	1.8x	6.3x
Tripadvisor	$1.2B	0.7x	3.8x
WeBuyCars	$1.2B	0.7x	12.2x
Trainline	$1.2B	1.9x	5.0x
Baltic Classifieds Group	$1.2B	11.0x	14.3x
IndiaMART InterMESH	$1.1B	6.9x	19.5x
ACV Auctions	$1.1B	1.4x	19.0x
Mony Group	$1.1B	1.8x	5.5x
Cars.com	$1.1B	1.5x	4.9x
CarTrade	$1.0B	12.4x	41.0x
ATRenew	$1.0B	0.3x	15.7x
Ixigo	$982M	7.5x	79.6x
LegalZoom	$960M	1.3x	5.7x
Uxin	$949M	1.2x	-71.9x
Grupa Pracuj	$861M	3.7x	8.4x
SelectQuote	$824M	0.5x	5.0x
Timee	$812M	3.6x	17.1x
eDreams ODIGEO	$812M	1.0x	4.5x
Wheels Up	$804M	n/a	n/a
Hypoport	$802M	1.2x	10.4x
Maoyan Entertainment	$753M	1.1x	7.7x
Shutterstock	$751M	0.7x	2.6x
Web Travel Group	$734M	2.8x	7.2x
GoHealth	$669M	1.5x	-9.1x
Nerdwallet	$644M	0.8x	4.3x
UT Group	$640M	0.6x	9.0x
DIP	$587M	1.6x	6.0x
ThredUp	$566M	1.8x	43.9x
Angi	$539M	0.5x	3.9x
Aramis Group	$477M	0.2x	6.3x
Socar	$468M	1.4x	5.5x
BinBin	$450M	n/a	n/a
eHealth	$438M	0.8x	5.9x
GA technologies	$405M	0.2x	4.6x
EverQuote	$378M	0.6x	4.1x
Bengo4.com	$365M	3.6x	19.4x
Rent the Runway	$347M	1.1x	7.4x
Vivid Seats	$333M	0.6x	7.5x
Stitch Fix	$331M	0.3x	7.9x
Jiayin Group	$323M	n/a	n/a
Yatra India Ltd.	$269M	2.4x	28.6x
On The Beach Group	$267M	1.5x	4.6x
EaseMyTrip	$256M	n/a	n/a
So-Young	$256M	1.2x	-10.6x
Everyday Network Co.	$255M	n/a	n/a
HomeToGo	$247M	0.8x	93.1x
SunCar Technology	$246M	0.5x	17.3x
Marti Technologies	$246M	7.2x	-14.4x
One Career	$242M	4.9x	n/a
ZIGExN	$235M	1.3x	4.9x
Quick Co.	$225M	1.0x	n/a
Port Inc.	$220M	1.3x	7.8x
Eventbrite	$216M	0.7x	8.5x
Syuppin	$192M	0.6x	n/a
Bytetravel	$186M	n/a	n/a
Hostelworld Group	$180M	1.6x	7.6x
Freelance.com	$171M	0.1x	5.0x
En	$161M	0.4x	3.3x
Kamux	$152M	0.1x	5.5x
YES24	$148M	n/a	n/a
Vocento	$146M	0.4x	7.3x
Autostreets Development	$143M	n/a	n/a
SharingTechnology	$138M	2.4x	n/a
Freetrailer Group	$127M	n/a	n/a
AIX Inc.	$125M	n/a	n/a
Rakumachi	$124M	6.2x	n/a
1stdibs.com	$124M	1.4x	-41.5x
Lifull	$124M	0.7x	n/a
Gakujo	$121M	1.7x	n/a
lastminute.com	$109M	0.3x	1.8x
BuildDirect	$100.0M	n/a	n/a
MarkLines	$92.9M	2.6x	n/a
Getaround	$90.8M	n/a	n/a
OpenWork	$90.3M	n/a	n/a
hipages Group	$89.0M	1.5x	6.4x
Ten Lifestyle Group	$88.1M	0.9x	4.3x
Airtasker	$84.3M	2.1x	-8.2x
Dida	$84.3M	n/a	n/a
Saramin	$82.2M	n/a	n/a
Temairazu	$81.4M	5.6x	n/a
trivago	$77.6M	0.1x	4.9x
Frontier Digital Ventures	$74.7M	1.6x	15.7x
Yatra India Inc.	$72.7M	0.7x	11.0x
Nerdy	$72.6M	0.4x	-3.5x
Livero	$63.9M	2.3x	11.1x
Articore Group	$58.8M	0.2x	6.3x
Méliuz	$57.4M	0.7x	4.2x
Freelancer	$57.1M	1.5x	9.4x
Cheche Group	$54.8M	n/a	n/a
CrowdWorks	$53.7M	0.4x	4.8x
Gurunavi	$52.9M	0.6x	n/a
Enechange	$50.9M	1.5x	n/a
Autoserver	$47.4M	n/a	n/a
OpenDoor Inc.	$46.2M	3.0x	n/a
My Food Bag	$43.0M	0.4x	4.4x
RIDE ON EXPRESS Holdings	$41.7M	0.3x	n/a
Rent.com.au	$40.1M	17.3x	n/a
Autopedia Sukses Lestari	$39.9M	n/a	n/a
WM Tech	$38.9M	0.2x	1.1x
Ohmyhome	$34.1M	3.2x	-15.0x
Giftify	$33.7M	0.4x	-25.2x
Coconala	$33.1M	0.5x	n/a
ReAlpha Tech	$31.8M	6.2x	-2.9x
Token Cat	$29.6M	n/a	n/a
Wantedly	$29.1M	0.9x	n/a
MoneyHero	$29.0M	0.4x	-5.4x
Felix.net	$27.1M	3.6x	-10.5x
Meatbox Global	$26.4M	n/a	n/a
Adventure Inc.	$25.5M	0.2x	n/a
naoo	$22.9M	2.0x	-6.4x
Artmarket.com	$22.6M	n/a	n/a
RMA Global	$22.5M	1.5x	-22.7x
AirTrip	$20.5M	0.1x	n/a
Rebase	$17.8M	1.3x	n/a
AirCloset	$16.2M	0.5x	n/a
Camplify	$14.3M	0.5x	-5.1x
Quhuo	$14.3M	n/a	n/a
Swvl	$12.1M	n/a	n/a
VELTRA	$10.0M	n/a	n/a
SosTravel.com	$8.6M	0.4x	724.7x
ASMALLWORLD	$8.6M	0.3x	6.6x
MyHotelMatch	$3.8M	n/a	n/a
Enjoei	$2.9M	n/a	n/a
Ethero	$2.1M	n/a	n/a
Oriental Culture Holding	-$18.8M	n/a	n/a
North Media	-$47.8M	n/a	n/a
Tuniu	-$65.1M	n/a	n/a
Demae-Can	-$72.2M	-0.3x	n/a
Multitude	-$132M	-0.5x	-1.2x