Ride-Sharing Giant Seeks Public Debut

StubHub Files for IPO

March 21, 2025 - Online ticket marketplace StubHub has filed for an initial public offering (IPO) with the Securities and Exchange Commission (SEC), according to a regulatory filing.

The company, which was founded in 2000 and was acquired by eBay in 2007, has been growing rapidly in recent years, with revenue increasing 23% to $340 million in 2024. StubHub's platform allows users to buy and sell tickets to sports, music, and theater events, with a focus on providing a secure and trustworthy marketplace for fans.

In its IPO filing, StubHub did not disclose the number of shares it plans to offer or the expected price range for the stock. However, the company did provide some financial information, including that it had net income of $15 million in 2024, compared to a net loss of $13 million in 2023.

StubHub's IPO is being led by J.P. Morgan, Goldman Sachs, and Morgan Stanley, and the company has filed to list its shares on the New York Stock Exchange (NYSE) under the ticker symbol "STUB." The IPO is expected to be one of the largest in the technology sector this year, with some estimates suggesting that the company could raise as much as $1 billion.

The news of StubHub's IPO comes as the ticketing industry continues to evolve, with the rise of online marketplaces and the increasing popularity of live events. With its strong brand and growing user base, StubHub is well-positioned to capitalize on these trends and continue to grow in the years ahead.