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StubHub Files for $16.5B IPO Amid Strong Growth

3/22/2025

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Summary

Story summary

StubHub has filed for an IPO on the NYSE, targeting a valuation of $16.5 billion under the ticker "STUB."
The company reported $1.77 billion in revenue for 2024, reflecting a 29% growth, despite a net loss of $2.8 million.
StubHub facilitated the sale of over 40 million tickets from 1 million sellers in 200 countries.
Founded in 2000, it was acquired by eBay in 2007 and reacquired by co-founder Eric Baker in 2020 for $4 billion.
IPO proceeds will primarily reduce StubHub's $2.33 billion debt and enhance corporate operations.

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Story summary

StubHub has filed for an IPO on the NYSE, targeting a valuation of $16.5 billion under the ticker "STUB."
The company reported $1.77 billion in revenue for 2024, reflecting a 29% growth, despite a net loss of $2.8 million.
StubHub facilitated the sale of over 40 million tickets from 1 million sellers in 200 countries.
Founded in 2000, it was acquired by eBay in 2007 and reacquired by co-founder Eric Baker in 2020 for $4 billion.
IPO proceeds will primarily reduce StubHub's $2.33 billion debt and enhance corporate operations.