StubHub was founded in 2000 by Eric Baker as a ticket resale marketplace. The company grew rapidly by providing a platform for fans to buy and sell tickets for sports, concerts, theater, and other live entertainment events.
In 2008, StubHub was acquired by eBay for $310 million, providing resources for expansion and development. Under eBay ownership, the company continued to grow and establish itself as the leading ticket resale platform.
Eric Baker left StubHub in 2012 to found Viagogo, a competing ticket resale platform. In November 2019, Viagogo announced it would acquire StubHub for $4.05 billion, bringing Baker back to lead the combined company.
The acquisition timing proved challenging as it occurred just before the COVID-19 pandemic, which caused StubHub to lose approximately 90% of its revenue. Forbes described the transaction as "one of the worst deals in history" due to the pandemic's impact on live events.
The Viagogo acquisition was finalized in September 2021, with both companies placed under StubHub Holdings management. The company closed its offices in Hong Kong and San Francisco in 2022 as part of restructuring efforts.
In 2024, StubHub faced legal challenges when the Attorney General for the District of Columbia filed a lawsuit alleging the company used drip pricing and countdown clocks to create false urgency and mislead customers. StubHub maintained that its practices comply with law and are consistent with competitor practices.
StubHub Holdings became a public company via IPO in September 2025, following previous delays in 2022 and early 2024.