• 2 Comments
  • January 12th 2007

eBay to buy StubHub


From the San Francisco Business Journal

“Online auction company eBay Inc. and sports ticket reseller StubHub have confirmed a Wall Street Journal report that eBay will buy StubHub for about $310 million. San Francisco-based StubHub is the largest tickets-only reseller of tickets to sports, concerts and other events. StubHub, along with other competitors, helped change a reselling business that “was fragmented and inefficientâ€? and give it a more orderly, accessible format, said StubHub CEO Jeff Fluhr told the Business Times in an interview last year. The acquisition is expected to close in the first quarter of this year.”

$310,000,000 - my oh my. Hopefully for eBay it’ll be a bigger hit than eBay Express.

  • http://www.thrivenow.com.au/geelong-web-designers/ Ross Hill, Geelong Web Designe

    Does this seem strange to anyone? Totally ban ticket sales on one site and then buy a site that specialises in it?

    Yes its a niche, but eBay is eBay and I would think that they would have a unified philosophy throughout the whole company.

  • http://www.thrivenow.com.au/geelong-web-designers/ Ross Hill, Geelong Web Designer

    Does this seem strange to anyone? Totally ban ticket sales on one site and then buy a site that specialises in it?

    Yes its a niche, but eBay is eBay and I would think that they would have a unified philosophy throughout the whole company.