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eBay Snaps Up Ticketbis

May 25, 2016

Via: Pymnts
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eBay has announced its intention to grab up Ticketbis, a Spanish online ticketing platform that operates in 47 markets.
So far, the startup ticketing outfit has $25 million in funding raised over the last seven years. The firm primarily operates in Southern Europe, Latin America and Asia.

eBay, which owns and operates StubHub, is seeking growth as it moves to take on Ticketmaster with an all-new platform for both primary and secondary tickets. To promote the move in a somewhat out-of-the-box way, StubHub is also the first shirt sponsor in NBA history for the Philadelphia 76ers.

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