US EditionTicketing platform StubHub plans to become a public company with initial stock offering
- StubHub filed for an initial public offering under the ticker symbol 'STUB,' aiming for a valuation of $16.5 billion.
- In 2024, StubHub reported a net loss of $2.8 million on revenue of $1.77 billion, highlighting a 29.4% increase from 2023.
- The company sold over 40 million tickets from more than 1 million unique sellers in 2024, reflecting a gross merchandise sales increase of 27%.
- Proceeds from the IPO will largely address StubHub's $2.33 billion debt and may also fund product investments or acquisitions.
24 Articles
24 Articles
Ticket Marketplace to Go Public
StubHub, which says its online marketplace handled the resale of more than 40 million tickets last year, has filed with the Securities and Exchange Commission for an initial public offering. The filing says the company wants to be listed on the New York Stock Exchange for trading under the ticker...
Associated Press News
Ticketing platform StubHub plans to become a public company with initial stock offering
Events ticketing platform StubHub has filed for an initial public offering of its common stock. The online marketplace where users can buy and resell tickets to sports games, music concerts and other live entertainment events said Friday that it had applied to list on the New York Stock Exchange und
StubHub Files for IPO, Says Revenue Was Up 29% to $1.77 Billion in 2024
On Friday (March 21), secondary ticketing marketplace StubHub filed for an initial public offering (IPO) with the SEC that the company hopes will value it at $16.5 billion. A pioneer in online ticket re-selling, StubHub had “gross merchandise sales” (GMS) — or the total price customers paid for the transaction and fulfillment — of $8.7 billion in 2024, a 27% increase from 2023. For the year, it sold more than 40 million tickets from more than …
StubHub Files for IPO, Reveals 2024 Revenue Jumped 30% to $1.7 Billion
StubHub filed filed its initial public offering on Friday, revealing in the paperwork that revenues for 2024 jumped to $1.7 billion in 2024, a 30% increase over 2023 earnings. The secondary market concert ticket vendor shares will be traded on the stock market under the ticket symbol STUB. The company said in its filing that more than 40 million tickets were sold through StubHub in 2024, with transactions in 200 countries and territories involvi…
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