StubHub has filed for an initial public offering under the ticker symbol 'STUB,' seeking a valuation of $16.5 billion. In 2024, the company reported a net loss of $2.8 million on revenue of $1.77 billion, marking a 29.4% increase from 2023. StubHub sold over 40 million tickets from more than 1 million unique sellers in 2024, resulting in a 27% rise in gross merchandise sales. Proceeds from the IPO will primarily be used to address StubHub's $2.33 billion debt and may also support product investments or acquisitions.