Gillian Tan, Columnist

StubHub Is EBay's Next Ticket to Ride

The business has the potential to be a spinoff sequel.

June 22, 2016 at 5:25 PM UTC

Gillian Tan is a senior reporter covering finance and alternative asset classes including real estate, infrastructure, private equity, private credit, venture capital and sports business. She previously wrote an opinion column for Bloomberg and was a reporter at the Wall Street Journal. She is a qualified chartered accountant.

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It's been almost a year since EBay gave in to Carl Icahn's demands by spinning off PayPal. Is StubHub next?

Sure, Icahn has since departed and there aren't any other activist investors currently agitating for change at the $28 billion online marketplace. But the idea has been a topic of speculation. It came up again this week when Benchmark analyst Daniel Kurnos said in a note that he expects EBay to "eventually" realize the value of StubHub through a sale or IPO.