StubHub is considering an initial public offering this year. The company aims to raise over $1 billion through the public offering, as announced last week during an investor meeting, where it also highlighted a nearly 50% growth in gross ticket sales during the last quarter of 2024. 

StubHub previously considered an IPO in 2024, but it was delayed due to market conditions. The current discussions with bankers are in their early stages, and the company has not commented on the IPO reports.

StubHub was founded in 2000 by Eric Baker and Jeff Fluhr, former Stanford Business School students. Initially named Liquid Seats, Inc., it was rebranded as StubHub in 2003. In 2007, eBay (NASDAQ:EBAY) acquired StubHub for $310 million, significantly expanding its operations. By 2008, StubHub had become a $5 billion-a-year business, with music-related sales driving growth. In 2019, Viagogo, founded by Baker after he left StubHub, acquired the company for $4.05 billion. 

StubHub currently operates in over 200 countries and territories, offering services in 33 languages and 48 currencies, making it a significant player in the global ticket resale market. Direct competitors include Ticketmaster (LYV), SeatGeek, and Vivid Seats (SEAT).