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	$158B	3.0x	18.1x
Booking Holdings	$151B	5.6x	15.3x
Prosus	$118B	14.3x	146.0x
DoorDash	$86.1B	6.3x	31.0x
Recruit Holdings	$65.0B	2.8x	14.3x
Airbnb	$64.6B	5.3x	15.1x
Meituan	$59.2B	1.1x	-31.9x
Carvana	$58.6B	2.9x	26.0x
Naspers	$42.3B	4.4x	51.4x
Copart	$33.7B	7.2x	17.3x
Trip.com Group	$31.1B	3.6x	12.3x
Expedia Group	$29.3B	2.0x	8.6x
Eternal	$28.6B	5.9x	252.0x
Ritchie Bros.	$25.2B	5.5x	18.1x
CoStar Group	$21.4B	6.6x	51.0x
KE Holdings	$17.1B	1.3x	22.6x
KE Holdings (Beike)	$17.1B	1.3x	21.9x
REA Group	$15.9B	13.2x	22.8x
DiDi	$15.7B	0.5x	13.5x
News Corp	$15.1B	1.8x	10.2x
Zillow	$12.7B	4.9x	20.3x
Grab	$12.3B	3.6x	24.7x
Delivery Hero	$11.1B	0.7x	10.2x
Travel+Leisure	$9.9B	2.5x	10.2x
Swiggy	$8.6B	3.8x	-28.4x
Instacart	$7.9B	2.1x	7.3x
Info Edge	$7.9B	24.4x	62.0x
AUTO1 Group	$7.7B	0.8x	34.8x
CAR Group	$7.5B	8.9x	15.9x
PB Fintech	$7.1B	10.4x	142.7x
Etsy	$6.8B	2.4x	9.4x
Scout24	$6.8B	8.8x	14.5x
CTS Eventim	$6.5B	1.8x	9.5x
MakeMyTrip	$5.9B	5.3x	30.6x
Auto Trader	$5.9B	6.9x	10.3x
Lyft	$5.7B	0.9x	11.0x
BOSS Zhipin	$5.7B	4.9x	10.5x
Seek	$5.5B	7.0x	16.1x
Tongcheng Travel	$5.5B	2.0x	8.0x
Talabat	$5.3B	1.4x	8.5x
Stubhub	$5.0B	2.8x	21.6x
Inchcape	$4.9B	0.4x	5.4x
Rightmove	$4.8B	8.3x	11.7x
IAC	$3.3B	1.4x	12.2x
GoTo	$3.1B	2.8x	26.4x
Rasan	$2.7B	15.8x	40.6x
Upwork	$2.0B	2.5x	8.7x
The RealReal	$2.0B	2.8x	50.0x
TX Group	$1.9B	1.7x	7.3x
Moltiply Group	$1.9B	2.5x	9.6x
Getty Images	$1.8B	1.9x	6.1x
Visional	$1.7B	3.0x	10.7x
eFinance	$1.6B	10.9x	22.8x
TBO.com	$1.5B	5.9x	37.5x
Tripadvisor	$1.5B	0.8x	4.6x
Alma Media	$1.5B	3.8x	12.4x
Hemnet	$1.4B	8.3x	16.2x
Mony Group	$1.3B	2.2x	6.7x
ACV Auctions	$1.3B	1.7x	22.2x
WeBuyCars	$1.2B	0.7x	12.7x
Baltic Classifieds Group	$1.2B	11.6x	15.0x
Trainline	$1.2B	2.0x	5.1x
IndiaMART InterMESH	$1.2B	7.2x	20.3x
CarTrade	$1.2B	14.0x	46.3x
LegalZoom	$1.1B	1.5x	6.7x
Cars.com	$1.1B	1.5x	5.0x
Ixigo	$958M	7.3x	78.3x
ATRenew	$947M	0.3x	14.7x
SelectQuote	$906M	0.6x	5.5x
Uxin	$889M	1.1x	n/a
Grupa Pracuj	$871M	3.8x	8.5x
Web Travel Group	$861M	3.4x	8.7x
Hypoport	$834M	1.3x	10.9x
Timee	$832M	3.6x	17.5x
eDreams ODIGEO	$827M	1.0x	4.6x
Shutterstock	$807M	0.8x	2.8x
Wheels Up	$773M	n/a	n/a
Maoyan Entertainment	$751M	1.1x	7.7x
Nerdwallet	$734M	0.9x	4.9x
GoHealth	$676M	1.5x	-9.2x
Angi	$674M	0.7x	4.8x
UT Group	$643M	0.6x	9.0x
ThredUp	$600M	1.9x	46.5x
DIP	$585M	1.6x	6.0x
Aramis Group	$529M	0.2x	7.1x
EverQuote	$510M	0.8x	5.6x
Stitch Fix	$487M	0.4x	11.6x
Socar	$470M	1.4x	5.4x
BinBin	$467M	n/a	n/a
eHealth	$467M	0.9x	6.3x
GA technologies	$375M	0.2x	4.3x
Rent the Runway	$372M	1.2x	7.9x
Bengo4.com	$347M	3.4x	18.4x
Vivid Seats	$332M	0.6x	7.4x
Jiayin Group	$329M	n/a	n/a
On The Beach Group	$304M	1.8x	5.3x
HomeToGo	$269M	0.9x	102.0x
Everyday Network Co.	$264M	n/a	n/a
ZIGExN	$251M	1.4x	5.2x
EaseMyTrip	$248M	n/a	n/a
One Career	$241M	4.9x	n/a
SunCar Technology	$241M	0.5x	16.9x
Marti Technologies	$237M	6.9x	-13.9x
Yatra India Ltd.	$232M	2.1x	25.0x
Inspirato	$220M	0.9x	73.5x
Eventbrite	$216M	0.7x	8.5x
Port Inc.	$212M	1.3x	7.5x
Quick Co.	$207M	0.9x	n/a
So-Young	$201M	0.9x	-8.3x
Bytetravel	$189M	n/a	n/a
Syuppin	$185M	0.6x	n/a
Freelance.com	$183M	0.1x	5.4x
Hostelworld Group	$182M	1.6x	7.7x
En	$168M	0.4x	3.5x
Kamux	$164M	0.2x	5.9x
Autostreets Development	$151M	n/a	n/a
YES24	$147M	n/a	n/a
AIX Inc.	$147M	n/a	n/a
Vocento	$147M	0.4x	7.4x
SharingTechnology	$142M	2.5x	n/a
Freetrailer Group	$132M	n/a	n/a
1stdibs.com	$130M	1.4x	-43.4x
Rakumachi	$125M	6.2x	n/a
Lifull	$121M	0.7x	n/a
Gakujo	$117M	1.6x	n/a
OpenWork	$111M	n/a	n/a
BuildDirect	$105M	n/a	n/a
MarkLines	$94.4M	2.6x	n/a
lastminute.com	$92.5M	0.2x	1.5x
Ten Lifestyle Group	$91.1M	1.0x	4.5x
Getaround	$90.8M	n/a	n/a
hipages Group	$86.1M	1.5x	6.4x
Airtasker	$85.3M	2.2x	-8.5x
trivago	$82.7M	0.1x	5.2x
Dida	$81.8M	n/a	n/a
Temairazu	$77.0M	5.3x	n/a
Saramin	$76.6M	n/a	n/a
Frontier Digital Ventures	$75.7M	1.7x	16.4x
Yatra India Inc.	$75.1M	0.7x	11.3x
Nerdy	$75.0M	0.4x	-3.7x
Livero	$64.6M	2.3x	11.2x
Méliuz	$63.4M	0.8x	4.7x
Articore Group	$59.3M	0.2x	6.5x
Freelancer	$57.2M	1.5x	9.7x
Enechange	$55.7M	1.7x	n/a
Cheche Group	$55.0M	n/a	n/a
Gurunavi	$51.7M	0.6x	n/a
OpenDoor Inc.	$51.2M	3.3x	n/a
Autoserver	$50.6M	n/a	n/a
CrowdWorks	$50.0M	0.4x	4.5x
My Food Bag	$43.7M	0.4x	4.6x
WM Tech	$42.6M	0.2x	1.2x
RIDE ON EXPRESS Holdings	$41.2M	0.3x	n/a
Rent.com.au	$39.1M	17.3x	n/a
ReAlpha Tech	$38.0M	7.3x	-3.5x
Coconala	$36.9M	0.6x	n/a
Autopedia Sukses Lestari	$36.1M	n/a	n/a
Giftify	$36.0M	0.4x	-26.9x
Token Cat	$30.0M	n/a	n/a
Wantedly	$28.9M	0.9x	n/a
Ohmyhome	$26.7M	2.5x	-11.7x
Meatbox Global	$26.7M	n/a	n/a
Felix.net	$25.3M	3.4x	-10.1x
MoneyHero	$25.1M	0.3x	-4.6x
naoo	$23.6M	2.0x	-6.6x
Artmarket.com	$23.4M	n/a	n/a
RMA Global	$21.9M	1.5x	-22.7x
Adventure Inc.	$20.4M	0.1x	n/a
AirTrip	$17.8M	0.1x	n/a
Rebase	$17.5M	1.3x	n/a
Camplify	$17.4M	0.6x	-6.4x
AirCloset	$16.1M	0.5x	n/a
Swvl	$15.6M	n/a	n/a
Quhuo	$14.2M	n/a	n/a
ASMALLWORLD	$8.9M	0.4x	7.0x
SosTravel.com	$8.9M	0.4x	750.8x
VELTRA	$6.5M	n/a	n/a
Enjoei	$4.1M	n/a	n/a
MyHotelMatch	$3.7M	n/a	n/a
Ethero	$2.5M	n/a	n/a
Oriental Culture Holding	-$18.5M	n/a	n/a
North Media	-$44.5M	n/a	n/a
Tuniu	-$61.8M	n/a	n/a
Demae-Can	-$72.4M	-0.3x	n/a
Multitude	-$132M	-0.5x	-1.2x