January 11, 2007 at 11:34eBay acquires StubHub ticket broker
Website by StubHub , engaged in the resale of tickets for entertainment events, in a very short time become the property of the eBay . The transaction amount is already known - it amounted to $ 310 million, reports AP .
Thus, a large online auction, where you can also purchase a wide variety of tickets , will take over the hands of a very successful competitor. Representatives of eBay do not say this out loud, but talk about the ideal StubHub business model and mutually beneficial cooperation.
StubHub's revenue from ticket sales was around $ 100 million last year. By the way, in 2002 eBay already tried to buy this “ticketer”, but the deal fell through.
Thus, a large online auction, where you can also purchase a wide variety of tickets , will take over the hands of a very successful competitor. Representatives of eBay do not say this out loud, but talk about the ideal StubHub business model and mutually beneficial cooperation.
StubHub's revenue from ticket sales was around $ 100 million last year. By the way, in 2002 eBay already tried to buy this “ticketer”, but the deal fell through.