Ticket reselling site Seatwave lands $17M amid tough rivals
Seatwave, one of several sites for secondary ticket sales, has brought in $17 million in a fourth round of funding to continue developing and marketing its platform. While the London-based company has done quite well for itself — recording a 200 percent jump in revenue from first quarter this year compared to last year — it faces an increasingly fierce field of competition.
Seatwave, which allows ticket holders to sell their passes to others online if… Continue Reading
Ticket marketplace Viagogo announces tennis deal, strong Q1 results
Viagogo, the online marketplace where anyone can buy or sell tickets for live events, announced today that it is partnering with the French Tennis Federation to create a special ticket exchange channel for tennis, making it the first secondary ticketing platform to land a deal in France. Reinforcing the good news, the London-based company also reported strong first-quarter earnings and rapid growth.
Viagogo recently hit more than one million ticket listings on its site, with sales… Continue Reading
Viagogo invades US online ticket-scalping market
Some entrepreneurs are bold, or foolhardy, depending how you look at it.
Eric Baker, co-founder of online ticket scalper StubHub, left in 2004, before StubHub went on to sell to eBay in January for $310 million.
Instead, he started rival Viagogo in London in 2005. The company has just raised $30 million in a round led by Index Ventures.
Like Stubhub, Viagogo allows people to buy and sell previously-purchased tickets on the web for sports games, concerts and… Continue Reading
eBay buys StubHub, online ticket reseller, for $310M
StubHub, an online site for reselling tickets to events, has been acquied by eBay for $310 million, minting the latest Silicon Valley millionaires in co-founders Jeff Fluhr and Eric Baker.
The controversial company has grown steadily, badgering eBay’s business for years. About 30 professional and college sports teams encourage fans to StubHub as a sort of safe haven in the reselling market, even as the New England Patriots have sued the company, saying it is encouraging… Continue Reading