Group 1 - StubHub Holdings Inc. has updated its IPO filing, revealing an increase in both losses and revenue, indicating a potential delay in its public offering [1] - For the quarter ending March 31, the company reported a net loss of $35.9 million and revenue of $397.6 million, compared to a loss of $29.7 million and revenue of $360.1 million in the same period of 2024, marking a 21% increase in losses and a 10% growth in revenue [1] - The total gross merchandise volume (GMV) for the first quarter reached $2.1 billion, surpassing $1.8 billion from the previous year, with over one million ticket transactions processed for events in more than 90 countries [1] Group 2 - StubHub has been seeking a valuation of over $13 billion since at least 2022, with a previous attempt to go public delayed due to unfavorable market conditions [2] - The company is led by co-founder and CEO Eric Baker, who holds 5.2% of Class A shares and has significant voting power through Class B shares, maintaining over 90% voting control prior to the IPO [2] - The IPO is being led by JPMorgan Chase and Goldman Sachs, with over ten investment banks involved, and plans to list under the ticker "STUB" on the NYSE [3] Group 3 - Ticket sales costs surged by 34% year-over-year to $28.7 million in the first quarter, primarily due to increased guarantees to sellers, which may be a critical factor for investors assessing the sustainability of the company's profit model [3]
营收增长10% 票务平台StubHub(STUB.US)或跟随市场重启美股IPO
智通财经网·2025-08-12 07:53