| US Social / Content Platforms |
| FB |
Facebook, Inc. |
185.85 |
530,221MM |
489,435MM |
7.0x |
5.7x |
13.2x |
10.8x |
21.0x |
17.1x |
| SNAP |
Snap Inc. |
13.52 |
18,648MM |
17,822MM |
10.5x |
7.7x |
- |
- |
- |
- |
| PINS |
Pinterest, Inc. |
25.31 |
13,736MM |
12,041MM |
10.7x |
7.8x |
- |
- |
- |
- |
| Mean |
|
|
|
|
9.4x |
7.1x |
13.2x |
10.8x |
21.0x |
17.1x |
| Median |
|
|
|
|
10.5x |
7.7x |
13.2x |
10.8x |
21.0x |
17.1x |
| Chinese Social / Content Platforms |
| 0700.HK |
Tencent Holdings 腾讯控股 |
324.80 |
397,810MM |
406,700MM |
7.5x |
6.0x |
21.3x |
17.9x |
29.6x |
24.4x |
| TME |
Tencent Music Entertainment Group |
13.50 |
22,075MM |
19,286MM |
5.4x |
4.1x |
30.8x |
21.1x |
35.2x |
26.5x |
| MOMO |
Momo Inc. |
33.07 |
6,857MM |
5,776MM |
2.4x |
2.1x |
10.4x |
7.4x |
13.2x |
10.8x |
| BILI |
Bilibili Inc. |
14.41 |
4,699MM |
4,437MM |
4.8x |
3.3x |
- |
- |
- |
- |
| HUYA |
HUYA Inc. |
21.50 |
4,688MM |
3,377MM |
2.9x |
2.2x |
- |
23.4x |
51.9x |
29.3x |
| YY |
YY Inc. |
57.63 |
4,660MM |
2,546MM |
0.7x |
0.6x |
9.7x |
6.6x |
14.6x |
10.8x |
| 1060.HK |
Alibaba Pictures 阿里巴巴影业集团 |
1.17 |
3,995MM |
3,463MM |
6.9x |
5.7x |
46.1x |
20.8x |
61.6x |
28.5x |
| DOYU |
DouYu International Holdings |
7.54 |
2,448MM |
2,775MM |
2.7x |
1.9x |
- |
21.5x |
72.5x |
17.2x |
| 1896.HK |
Maoyan Entertainment 猫眼娱乐 |
11.22 |
1,622MM |
1,438MM |
2.4x |
2.0x |
11.9x |
8.1x |
19.0x |
12.2x |
| Mean |
|
|
|
|
4.0x |
3.1x |
21.7x |
15.8x |
37.2x |
20.0x |
| Median |
|
|
|
|
2.9x |
2.2x |
16.6x |
19.4x |
32.4x |
20.8x |