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Ticket exchange. A ticket exchange, also known as a secondary ticket outlet, is a market where tickets are bought and sold. Ticket exchanges allow people to buy and sell tickets online. Typically, ticket exchanges are used by individuals wanting to buy or resell tickets from other individuals rather than from the event the ticket is for.
Revenue. $1.5 billion. Number of employees. 500 (2018) [3] Website. www.vividseats.com. Vivid Seats Inc. (stylized as vıvıdseats) is an American ticket exchange and resale company. [4] The company went public on October 19, 2021, after a merger earlier in that year with Horizon Acquisition Corporation, a SPAC.
StubHub was founded in March 2000 as a class project [7] by Eric Baker and Jeff Fluhr, both former Stanford Business School students and investment bankers. [8] One of its first major sports deals was with the Seattle Mariners in 2001. [9] In 2002, eBay was in talks to acquire StubHub for US$20 million, although the agreement had later "fallen ...
Ticket resale is a form of arbitrage that arises when the number demanded at the sale price exceeds the number supplied (that is, when event organizers charge less than the equilibrium prices for the tickets). During the 19th century, the term scalper was applied to railroad ticket brokers who sold tickets for lower rates.
Japan Rail Pass. The Japan Rail Pass (ジャパンレールパス, japan rēru pasu), also called the JR Pass, is a rail pass sold by the Japan Railways Group exclusively for overseas visitors. It is valid for travel on all major forms of transportation provided by the JR Group in Japan, with a few exceptions. The pass is designed to stimulate ...
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Viagogo was founded in 2006 in London as a secondary ticketing marketplace by Eric Baker, the co-founder of US-based StubHub. [5] [12] With sections established to provide an online marketplace for sports, music, theatre and comedy tickets, the company's launch included official partnerships with Chelsea FC and Manchester United FC, [5] with the sports clubs sharing in the commission revenue ...
An order matching system or simply matching system is an electronic system that matches buy and sell orders for a stock market, commodity market or other financial exchanges. The order matching system is the core of all electronic exchanges and are used to execute orders from participants in the exchange. Orders are usually entered by members ...