STUBHUB is an open marketplace for enthusiasts to buy and sell tickets to thousands of shows around the world: concerts, sports, theater, and other entertainment events.
Here we take a look at StubHub and whether it’s a legit pricing provider.
In operation for more than two decades, StubHub is the world’s leading marketplace for enthusiasts to buy and sell tickets to all types of events.
StubHub merged with Viagogo, a multinational price ticket exchange and resale logo spanning more than 90 countries, in 2020.
StubHub does add fees onto their tickets, with the website listing the following rules:
StubHub was founded as an elegance project in March 2000 by Stanford MBA scholars Eric Baker and Jeff Fluhr.
In 2007, StubHub bought through eBay for $310 million (£242 million).
On February 13, 2020, StubHub was sold via eBay to Viagogo for over $4 billion (£3. 1 billion).
The interim CEO of eBay Inc, Scott Schenkell, said at the time: “The completed sale of StubHub to Viagogo is a great outcome both in terms of the $4.05 billion sale price and the potential StubHub has with its new owner.
“The StubHub transaction reinforces our commitment to creating percentages and is consistent with other moves we have made, such as margin improvements, percentage buybacks and dividend issuances.
“We operate with field and focus, our monetary functionality and offering an enhanced visitor experience.
“On behalf of the eBay team, we’re excited to see how StubHub will evolve into its next phase and realize benefits for its fans, partners and employees. “
Following an investigation through the Autorité de los angeles concurrence et des marchés (CMA) into the merger of Viagogo and StubHub, we decided that StubHub’s foreign entities (all entities except those in the United States and Canada) deserve to be divvested and made independent from StubHub and Viagogo.
The new independent organization includes corporations in the UK, France, Germany, Spain and several overseas markets.
As of September 2021, all StubHub entities outside the U. S. The U. S. and Canada have been approved for a new independent group: StubHub International.
StubHub International acquired through Digital Fuel Capital, an operating investment company aimed at becoming leaders in the e-commerce space, on September 8, 2021.
Carson Biederman, President of Digital Fuel, said, “We are thrilled with the new owners of StubHub International. After a long time and process, the groups in London, Madrid, Bilbao and Berlin will now form a new independent company.
“Together, we look to the future to develop StubHub International as an agile and competitive price ticket marketplace aimed at helping enthusiasts live reports and move their price tickets securely.
Wayne Grierson, General Manager of StubHub International said: “It is our mission to help fans access incredible experiences. We are excited to become independent, as we help fans return to concerts, theatres and stadiums.”
Yes, StubHub is a legit website.
StubHub’s FanProtect Guarantee means that each and every price ticket is guaranteed to be valid, or that consumers will get a replacement price ticket of equivalent or greater value, or have their money refunded.
StubHub also guarantees that you’ll get your priced tickets in time for the event, as well as get a genuine-priced ticket valid for entry.
Yes, the StubHub app is secure.
It offers the same protections as the website — as explained above.
StubHub states, “If your event is canceled and rescheduled, you’ll get 120% credits or we’ll offer you the option of a full refund. “
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