Stubhub Files For IPO To Pay Down Long-Term Debt

On Friday, March 21st, secondary ticketing marketplace StubHub filed for an initial public offering (IPO) with the SEC, aiming for a valuation of $16.5 billion. As a pioneer in online ticket reselling, StubHub reported gross merchandise sales (GMS)—the total amount customers paid for transactions and fulfillment—of $8.7 billion in 2024. This marked a 27% increase […]