Resale platform StubHub ‘delays IPO’
The American company has reportedly postponed its plans to go public until after Labor Day in the US in September
News By James Hanley | 16 July 2024
Secondary ticketing company StubHub has reportedly pushed back its plans for a summer IPO. It was previously indicated the American ticket exchange and resale platform was planning to go public this summer if it was able to achieve a valuation of around US$16.5 billion (€15.1bn).
Secondary ticketing company StubHub has reportedly pushed back its plans for a summer IPO.
It was previously indicated the American ticket exchange and resale platform was planning to go public this summer if it was able to achieve a valuation of around US$16.5 billion (€15.1bn).
But according to CNBC, the firm has now pushed back its plans until after 2 September’s Labor Day in the US. Citing a source familiar with the deal, the news channel lists stagnant market…