Marketplaces — multiples
Median EV / LTM Revenue across the cohort at each month end, with the 25th–75th percentile band. Membership follows the same tagging as the company counts, so a company tagged into several subsectors is included in each.
Historical median multiple
Marketplaces · Median EV / LTM Revenue
Cross-sectional median multiple over time, with the 25th–75th percentile range shaded.
Current
4.4x
Median
3.3x
Min
2.8x
Max
4.4x
Latest point 2026-08-04: median 4.4x across 2 companies.
Other subsectors in Internet & Digital Commerce
E-Commerce
Online retail; direct-to-consumer brands; e-commerce platforms; cross-border commerce; recommerce.
2
Travel & Booking
Online travel agencies; short-term accommodation; booking platforms; travel metasearch; experiences.
6
Local Commerce & Delivery
Restaurant delivery; grocery delivery; local-services platforms; last-mile delivery marketplaces.
1
Mobility & Transport Platforms
Rideshare; vehicle rental/sharing; freight matching; ticketing & transit platforms.
2
Digital Commerce Infrastructure
Merchant enablement; fulfillment/logistics platforms; commerce search; pricing/promotion technology; marketplace software.
0