eBay Buys Ticketbis for $165M to Expand StubHub

While eBay continues to build out its core marketplace for physical goods, it’s also investing to expand its other businesses and brands, too. Yesterday the company announced that it has acquired Ticketbis, an online ticket marketplace based out of Bilbao, Spain, which it plans to roll into StubHub, its own ticket marketplace. The deal will expand StubHub outside of its existing core U.S. base into 47 more markets, specifically with an emphasis on Europe, Latin America and Asia Pacific.