Stubhub considers looking for $ 1 billion in IPO this year

Ticket software company Stubhub reported to look forward to over $ 1 billion in an initial public offering (IPO).

The company communicates with bankers about launching an IPO this year, New York Times reported Friday (March 7), discuss unknown sources.

Talks are at their earlier episodes, according to the report.

Reached Pymts, Stubhub refused to comment on the report.

The company tells attendees on a Thursday (March 6) Its investors have grown in almost 50% over the last three months 2024, per report.

By Stubhub in the US and Viagoga International, the company operates over 200 countries and territories, 33 languages ​​and 48 currencies, according to December Press release.

It was reported in July Stubhub delayed A planned IPO because, like other companies, find that the market cannot be each.

Before tailoring its time, the company has submitted confidently to Securities and Transition Commissions (Sec) and planned to perform Public Witness in July.

At that time, Stubhub reportedly considered a valuation of about $ 16.5 billion (about $ 51 per person in the US) for its IPO.

It was reported in January that while there were hopeful reports about a IPO Resurrection, some Wall Street analysts encourage to be careful after a stable reaction to the natural gas company GOING TO GLOBLEVengeance target for its IPO.

The company hopes for a $ 110 billion tag price but is set for a 45% downgrade when the parts of January are sold.

“Even with the healing of the market sentiments we see, investors will continue to check deals carefully,” Ipox seriously Josef Schuster told Reuters in time. “They don’t want to pay overvaled companies when there are easy to use market comparisons.”

January also reports that investment bankers are preparing for a deal with equity capital markets this year, with hope of wall street banks in a promising strable to Ipos through high-profile companies.

After two years of tightening restricted to steep interest rates and the revision of market activity, developed by many private-backed companies.