By Staff Reporters
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StubHub is an American ticket exchange and resale company. It provides services for buyers and sellers of tickets for sports, concerts, theater, and other live entertainment events. By 2015, it was the world’s largest ticket marketplace. While the company does not currently disclose its financials, in 2015 it had over 16 million unique visitors and nearly 10 million live events per month. StubHub was founded in 2000 by Eric Baker and Jeff Fluhr. The company was acquired by eBay for $310 million in 2007, and again acquired in 2020 by Viagogo.
StubHub reportedly plans to go public this summer?
According to The Information, the ticketing giant was last valued at $16.5 billion in 2021, but could still call off the public listing if it fails to land that figure.
The news comes amid a post-pandemic resurgence for live events, boosted by massive tours from Beyoncé and Taylor Swift. Though StubHub revenue jumped 40% in 2023 from the year before, it’s saddled with more than $2 billion in debt, which could test investors’ willingness to buy.
Rival ticketing service SeatGeek is also said to be mulling an IPO later this year.
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Filed under: "Advisors Only", Alternative Investments, Experts Invited, Investing | Tagged: ebay, IPO, SeatGeek, SeatGeek IPO, StubHub, StubHub IPO, taylor swift, The Information, ticket master, Viagogo | Leave a comment »














