StubHub, a leading ticket resale marketplace, has filed for an initial public offering (IPO) on the New York Stock Exchange. The company’s move comes as investors gauge their sentiment towards the live events industry.
The filing also sheds light on StubHub’s financial performance. In 2024, the company reported a $2.8 million loss on revenue of $1.77 billion, compared to a $405 million profit on $1.37 billion in revenue for the previous year.
This IPO could serve as a barometer for investor confidence in the live events industry, which has faced challenges in recent times. StubHub’s rival, Vivid Seats, has seen its stock price decline by over 45% over the past year and is reportedly seeking a buyer.
Additionally, TickPick, a resale ticketing platform with no-junk fees, has acquired Fanimal, expanding its business into primary ticketing. This move positions TickPick to compete more directly with established resellers like StubHub and SeatGeek.
Source: https://www.axios.com/2025/03/21/stubhub-tickets-ipo