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	$197B	4.2x	27.1x
Booking Holdings	$172B	7.0x	19.9x
Prosus	$114B	17.7x	253.5x
Meituan	$93.2B	1.9x	13.4x
Recruit Holdings	$86.3B	3.5x	18.4x
DoorDash	$78.5B	6.8x	35.8x
Airbnb	$76.0B	6.6x	18.5x
Copart	$56.6B	12.3x	29.5x
Naspers	$45.5B	6.3x	220.8x
Carvana	$43.1B	2.9x	26.5x
Trip.com Group	$37.5B	4.8x	15.8x
CoStar Group	$28.9B	10.0x	99.2x
Eternal	$23.8B	9.5x	237.5x
Ritchie Bros.	$23.5B	5.4x	17.6x
Expedia Group	$21.9B	1.6x	7.3x
REA Group	$20.5B	19.3x	33.9x
KE Holdings	$19.6B	1.4x	18.7x
News Corp	$17.7B	2.0x	12.4x
Zillow A	$16.0B	6.8x	29.5x
DiDi	$15.7B	0.5x	14.3x
Grab	$15.2B	5.1x	40.5x
Delivery Hero	$13.3B	0.9x	14.7x
MakeMyTrip	$11.2B	11.0x	61.6x
Info Edge	$10.6B	32.7x	78.5x
Instacart	$9.9B	2.9x	10.6x
Auto Trader	$9.9B	12.3x	18.5x
CTS Eventim	$9.9B	3.1x	15.6x
CAR Group	$9.6B	13.0x	23.6x
Travel+Leisure	$8.9B	2.3x	9.4x
Talabat	$8.9B	2.8x	16.6x
Scout24	$8.8B	13.2x	21.7x
PB Fintech	$8.8B	14.8x	296.5x
Swiggy	$8.5B	4.6x	-30.5x
Rightmove	$7.4B	13.8x	19.5x
Etsy	$6.4B	2.3x	8.4x
AUTO1 Group	$6.3B	0.8x	45.3x
Lyft	$6.2B	1.0x	14.4x
Seek	$5.8B	8.4x	20.0x
BOSS Zhipin	$5.7B	5.3x	13.6x
Tongcheng Travel	$5.4B	2.1x	10.2x
Just Eat Takeaway.com	$4.8B	1.2x	10.0x
GoTo	$4.2B	4.2x	118.6x
Inchcape	$4.2B	0.3x	4.4x
IAC	$3.4B	1.0x	9.6x
Hemnet	$3.2B	19.8x	37.9x
ACV Auctions	$2.9B	4.2x	65.2x
Deliveroo	$2.5B	0.9x	13.6x
Openlane	$2.5B	1.4x	8.3x
TX Group	$2.4B	2.1x	10.6x
Baltic Classifieds Group	$2.3B	24.3x	31.3x
Moltiply Group	$2.1B	3.6x	13.9x
Upwork	$2.1B	2.7x	11.5x
Visional	$2.0B	4.0x	14.4x
Getty Images	$2.0B	2.1x	6.8x
Tripadvisor	$2.0B	1.0x	5.8x
Domain Group	$1.9B	7.0x	20.2x
Hypoport	$1.6B	2.4x	25.0x
Trainline	$1.5B	2.6x	7.1x
LegalZoom	$1.5B	2.2x	9.9x
Mony Group	$1.5B	2.5x	7.9x
Despegar.com	$1.5B	1.9x	8.1x
Wheels Up	$1.5B	n/a	n/a
eDreams ODIGEO	$1.4B	1.8x	8.4x
TBO.com	$1.3B	6.3x	35.5x
IndiaMART InterMESH	$1.3B	8.1x	21.4x
Alma Media	$1.3B	3.5x	11.8x
Timee	$1.2B	5.5x	29.8x
Uxin	$1.2B	n/a	n/a
Grupa Pracuj	$1.2B	5.6x	10.5x
SelectQuote	$1.1B	0.8x	9.0x
Cars.com	$1.1B	1.6x	5.4x
WeBuyCars	$1.1B	n/a	n/a
The RealReal	$987M	1.6x	61.4x
Aramis Group	$924M	0.3x	13.4x
Angi	$907M	0.8x	6.3x
Shutterstock	$868M	0.9x	3.4x
Web Travel Group	$840M	4.0x	10.6x
CarTrade	$835M	10.9x	43.9x
eFinance	$816M	n/a	n/a
Nerdwallet	$805M	1.1x	7.1x
EverQuote	$779M	1.4x	11.5x
ThredUp	$755M	2.8x	79.0x
Ixigo	$721M	6.9x	77.8x
Maoyan Entertainment	$703M	1.2x	9.2x
DIP	$670M	1.7x	5.8x
Jiayin Group	$645M	n/a	n/a
RumbleON	$643M	0.6x	19.4x
GoHealth	$630M	0.8x	4.9x
On The Beach Group	$577M	3.1x	9.9x
Socar	$542M	1.7x	11.3x
ZipRecruiter	$538M	1.2x	9.1x
EaseMyTrip	$496M	n/a	n/a
GA technologies	$488M	0.3x	6.6x
Vivid Seats	$479M	0.7x	3.8x
Stitch Fix	$458M	0.4x	11.2x
eHealth	$438M	0.8x	7.1x
Bengo4.com	$404M	4.1x	26.4x
SunCar Technology	$388M	0.8x	42.4x
UT Group	$366M	0.3x	5.5x
Everyday Network Co.	$345M	n/a	n/a
Rent the Runway	$326M	1.1x	7.5x
En Japan	$323M	0.7x	5.8x
Autostreets Development	$317M	n/a	n/a
ATRenew	$287M	0.1x	n/a
ZIGExN	$262M	1.5x	5.3x
Marti Technologies	$259M	10.7x	-22.9x
trivago	$244M	0.5x	21.6x
Inspirato	$235M	0.9x	-71.9x
Bytetravel	$228M	n/a	n/a
One Career	$214M	5.0x	n/a
Port Inc.	$204M	1.3x	7.3x
Freelance.com	$187M	0.2x	4.9x
Syuppin	$186M	0.5x	n/a
Hostelworld Group	$178M	1.7x	7.1x
Kamux	$176M	0.2x	6.3x
Quick Co.	$176M	0.8x	n/a
HomeToGo	$171M	0.6x	7.5x
MarkLines	$168M	4.1x	n/a
Vocento	$158M	0.4x	37.9x
EPWK Holdings	$156M	n/a	n/a
Nerdy	$153M	0.8x	-8.3x
SharingTechnology	$152M	2.7x	n/a
Adventure Inc.	$139M	0.9x	10.2x
Yatra India Ltd.	$134M	1.3x	22.7x
YES24	$123M	n/a	n/a
Rakumachi	$118M	7.3x	n/a
Freetrailer Group	$117M	n/a	n/a
Gakujo	$117M	1.5x	n/a
Quhuo	$115M	n/a	n/a
Dada Nexus	$115M	0.1x	-1.0x
lastminute.com	$106M	0.3x	2.1x
Lifull	$102M	0.4x	n/a
Temairazu	$101M	6.8x	n/a
WM Tech	$95.7M	0.5x	2.5x
OpenDoor Inc.	$92.9M	5.6x	n/a
Getaround	$92.5M	n/a	n/a
Enechange	$91.4M	2.6x	n/a
CrowdWorks	$90.2M	0.6x	6.1x
Gurunavi	$83.6M	0.9x	n/a
Airtasker	$82.9M	2.5x	-11.6x
Saramin	$80.1M	n/a	n/a
Ten Lifestyle Group	$78.0M	0.9x	4.4x
Méliuz	$78.0M	1.2x	33.4x
OpenWork	$76.7M	3.1x	n/a
AirTrip	$72.0M	0.4x	3.7x
hipages Group	$69.7M	1.3x	5.7x
BinBin	$69.6M	n/a	n/a
Frontier Digital Ventures	$65.2M	1.3x	27.2x
artnet	$62.5M	n/a	n/a
Giftify	$62.4M	0.6x	-29.7x
Autoserver	$59.2M	1.4x	n/a
Livero	$56.3M	2.1x	11.8x
Freelancer	$53.8M	1.6x	14.4x
Cheche Group	$53.7M	0.1x	-8.6x
BuildDirect	$53.0M	0.8x	n/a
VELTRA	$47.3M	1.6x	n/a
Coconala	$45.9M	0.8x	n/a
Rebase	$45.0M	3.3x	n/a
Meatbox Global	$44.2M	0.5x	7.2x
Wantedly	$42.0M	1.2x	n/a
My Food Bag	$40.3M	n/a	n/a
TrueCar	$40.0M	0.2x	-60.5x
RIDE ON EXPRESS Holdings	$39.0M	n/a	n/a
ReAlpha Tech	$33.6M	15.4x	-4.6x
Autopedia Sukses Lestari	$31.7M	0.6x	5.4x
AirCloset	$29.9M	1.0x	n/a
Swvl	$27.7M	n/a	n/a
Yatra India Inc.	$24.8M	0.3x	3.9x
Felix.net	$23.4M	4.4x	-10.5x
Artmarket.com	$22.4M	n/a	n/a
Wag!	$22.0M	0.3x	-20.0x
Mad Paws	$18.7M	1.0x	184.5x
ASMALLWORLD	$17.4M	0.7x	10.3x
1stdibs.com	$13.3M	0.1x	-1.5x
Tuniu	$12.4M	0.2x	0.8x
Enjoei	$11.8M	0.2x	5.9x
Camplify	$11.2M	0.4x	-2.4x
Rent.com.au	$10.8M	5.0x	n/a
RMA Global	$10.5M	0.8x	-23.5x
SosTravel.com	$8.3M	0.3x	8.0x
Token Cat	$8.1M	n/a	n/a
MyHotelMatch	$6.3M	n/a	n/a
Ohmyhome	$6.1M	0.7x	-3.0x
Entreparticuliers	$1.9M	n/a	n/a
MoneyHero	-$9.0M	-0.1x	0.3x
Articore Group	-$12.6M	-0.1x	-2.8x
Eventbrite	-$29.7M	-0.1x	-1.0x
Demae-Can	-$30.5M	-0.1x	n/a
Dida	-$37.3M	n/a	n/a
So-Young	-$45.2M	-0.2x	0.9x
North Media	-$54.3M	-0.3x	-2.6x
AIX Inc.	-$75.2M	n/a	n/a
Multitude	-$76.4M	-0.3x	-1.0x