StubHub Files for IPO on New York Stock Exchange

The ticket resale platform aims to raise capital after reporting strong revenue growth but a small net loss in 2024.

StubHub plans to list its shares on the New York Stock Exchange under the ticker symbol 'STUB.'
The company reported $1.77 billion in revenue for 2024, a 29% increase from 2023, but recorded a net loss of $2.8 million.
StubHub sold over 40 million tickets last year, with gross merchandise sales reaching $8.68 billion, a 27% year-over-year increase.
CEO Eric Baker envisions StubHub as a global hub for live event tickets, including direct sales from artists and teams.
The IPO will be led by JPMorgan Chase & Co. and Goldman Sachs Group Inc., alongside more than 10 other banks.