Question: Is StubHub Owned By EBay?

How does StubHub make money?

StubHub charges buyers and sellers a fee for every ticket sold.

While there are no fees for listings tickets on the site, StubHub charges buyers a 10 percent fee on what they pay for the ticket, which has a minimum of $5, while also taking a roughly 15 percent commission on the price from sellers..

Why are StubHub fees so high?

The fees essentially are the money that StubHub receives for providing a service to the customer (buyer or seller, there are fees on both sides). This is to pay for fraud protection, integrations with partner’s ticketing systems, operational costs ,and to obviously profit.

Is StubHub or Ticketmaster better?

Stubhub has the most inventory of any reseller, but it doesn’t always have the best deals because of its fees. Ticketmaster tends to have a great selection but it also has lots of hidden fees and generally non-transparent pricing. The Ticket Exchange is a peer to peer marketplace for select sports teams.

Is Ticketmaster same as StubHub?

No. Stubhub is not related to Ticketmaster/live nation. … Word of advice- do not buy tickets from stubhub if you can help it.

Does StubHub guarantee tickets are real?

FanProtectTM means every order is 100% guaranteed Get valid tickets to any event or your money back. We go out of our way to find replacement tickets if there is an issue with your order. If your event is canceled and not rescheduled, you will receive a credit worth 120% of the amount you paid for the impacted event.

Are StubHub tickets verified?

Re: Will my tickets be valid? Here at StubHub we back every ticket we sell 100% with out FanProtect Guarantee! In short, we guarantee that the tickets will arrive on time and will be valid for entry into the event!

What percentage does StubHub take from sellers?

15%“It is free to list tickets for sale, and to search for tickets to buy on StubHub. On each completed transaction, the buyer pays a 10% fee, and sellers are charged a 15% fee. For example, on the sale of a $100 ticket, the buyer would pay $110. The seller would net $85.”

Are PayPal and eBay owned by the same company?

PayPal and ebay are actually two separate entities. ebay does own PayPal, and are connected but operate separately. PayPal has its own fee structure & ebay has a different one.

Who does Ticketmaster own?

Live Nation EntertainmentTicketmaster/Parent organizations

Can you get scammed on StubHub?

If you can get scammed on stubhub, I would say it is more likely that it is the seller getting scammed. Yes you can. I spent almost $1600 on tickets. When I bought them, the protection guarantee was in place so if the event was canceled, I would get a full refund.

What companies does eBay own?

Below the eBay search box you will find tabs for three additional eBay-owned selling services — Motors, Express, and Stores.eBay Motors. … eBay Express. … eBay Stores. … Other eBay Companies. … Half.com. … Kijiji. … MicroPlace. … PayPal.More items…

When did eBay buy StubHub?

2007Eric Baker, Viagogo’s founder and CEO, also co-founded StubHub, but left before the business was sold to eBay for $310 million in 2007.

Is StubHub OK to buy from?

Is it Safe to Buy Tickets on StubHub? In a word, yes. The company is entirely legitimate and has the rights to sell or resell all the tickets on its website. As it is owned by eBay, it has the financial backing of one of the world’s largest companies.

Why are StubHub tickets so cheap?

Yes they do. You just have to give it time and keep checking back. Typically, as the event date gets closer, ticket holders selling on the StubHub marketplace will lower their prices so as to get rid of the inventory of tickets they have, for better to make money at a cheaper rate than to completely lose your profit.

Is StubHub or SeatGeek better?

For fees, we have found that SeatGeek is better overall, but we like StubHub’s transparency. For example, SeatGeek builds the fees into the price of the ticket, while StubHub will show the add-ons. … And if you want to know exactly what it is you’re paying for StubHub is the better choice.

How do I avoid fees on StubHub?

Members of Ticket Club get the same tickets to the same events – without the massive fees charged by StubHub. It’s normally $49.99 for the first year, but we’re giving away one-year memberships for free as a special promotion. Once you join, you’ll never want to use StubHub again.

What company owns StubHub?

ViagogoStubHub/Parent organizations