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StubHub is an American ticket exchange and resale company. It provides services for buyers and sellers of tickets for sports, concerts, theater, and other live entertainment events. By 2015, it was the world's largest ticket marketplace.
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Scammers also use social media platforms and online marketplaces like StubHub to list tickets that seem too good to be true (e.g. front row seats for a fraction of what they actually cost).
eBay, PayPal, Kijiji and StubHub, 500 King Street West, Toronto, April 2014. PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers; it serves as an electronic alternative to traditional paper methods such as checks and money orders.
“StubHub uses a classic bait-and-switch scheme,” the lawsuit said, describing what’s known as “drip pricing” where only part of the product’s price is advertised initially.
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The idea was so promising that in March 2000 they co-founded StubHub and then Fluhr dropped out of Stanford after his first year. [3] [1] They sought out investors in the music and sports industries and, by August 2000, had raised $600,000 of seed capital for the new company. [5] In 2003, StubHub started running advertisements on Google.
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