StubHub considering IPO, targets $16.5bn valuation
The resale platform is understood to have been working with JPMorgan and Goldman Sachs on the public offering over the past two years
News By James Hanley | 17 April 2024
Ticket resale platform StubHub is reportedly planning to go public this summer if it can achieve a valuation of around US$16.5 billion (€15.5bn).
The Information, which broke the news, cites sources close to StubHub, but says the company may call off the offering if it is unable to approach its $16.5bn target – in line with what it was valued at during its 2021 round of private funding.
The American firm, which is understood to have been working with JPMorgan and Goldman…