The two companies announced the all-cash deal Monday. Once completed, the combined company will be massive: It expects to sell hundreds of thousands of tickets each day across more than 70 countries. EBay interim CEO Scott Schenkel said in a press release that the transaction"maximizes long-term value for eBay shareholders" and concluded this was the"best path forward for both eBay and StubHub.
During the FIFA World Cup in 2018, the governing body of the soccer tournament filed a criminal complaint against the company from consumers and watchdog groups about"opaque and deceptive business conduct." It was also in hot water from the United Kingdom for similar"deceptive" practices.Selling off StubHub comes amid a broader review of eBay's businesses.
Scalping not only went legal now it’s international
Oh shit guys this is actually really, really bad. Viagogo is well known internationally as basically 100% forged tickets. StubHub was at least a source of reliable tickets. Viagogo owning it is going to bring this massive, massive corruption to the US market.
Cool
Are you guys really serious 😒
Remember when scalping was viewed as a dirty thing? A crime even! Concert goers know how dirty ALL these services are. Ticketmaster, live nation, StubHub. All of them are shady and should be shut down.
How much is the 'convenience fee' in this transaction?
Biana fn ROKS. FK RUSSIA
StubHub is the reasons n prices are so high ... one person buys all the tickets marks up the price and then sells on StubHub, that's called scalping and it's a crime so why is this site still active
Never understood how stubhub was legal if the tickets go for more than face value. Thought there were laws against that.
StubHub is a horrible rip off they need to be investigated not sold
Lawsuit against and thedailybeast in the works? Looks like it's happening.
I hope CNN gets their asses handed to them for lies they tell. I support Nunes. What is it CNN....
😍😍
Lower the fees on tickets too
breakingnews Ebay is selling its StubHub ticketing business to.... sell/sold/sold Simple in form but rich in content❤️😀❤️ kindle kindleunlimited blackfriday
Ebay is dead
RIP to my stock portfolio.
ok
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