StubHub

MeridianLink Announces Chief Financial Officer Transition

Retrieved on: 
Monday, March 18, 2024

MeridianLink, Inc. ® (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced that Sean Blitchok will step down as its chief financial officer (CFO) on April 1, with Larry Katz joining the organization on that day as its new CFO and member of its board of directors.

Key Points: 
  • MeridianLink, Inc. ® (NYSE: MLNK), a leading provider of modern software platforms for financial institutions and consumer reporting agencies, today announced that Sean Blitchok will step down as its chief financial officer (CFO) on April 1, with Larry Katz joining the organization on that day as its new CFO and member of its board of directors.
  • Mr. Katz acted as treasurer at StubHub, a secondary marketplace for live event ticketing, and then acted as its chief financial officer.
  • He served as chief financial officer of Genesys, a global cloud leader in AI-powered experience orchestration.
  • “We are thrilled to welcome Larry as an extremely accomplished executive and business leader to MeridianLink,” said Edward H. McDermott, MeridianLink’s chair of the board.

The RealReal Names Ajay Gopal as its Chief Financial Officer and Appoints Karen Katz as Chairperson of its Board of Directors

Retrieved on: 
Wednesday, February 21, 2024

“I’m thrilled to welcome Ajay to The RealReal,” said John Koryl, The RealReal’s Chief Executive Officer.

Key Points: 
  • “I’m thrilled to welcome Ajay to The RealReal,” said John Koryl, The RealReal’s Chief Executive Officer.
  • Mr. Gopal has proven his strategic ability to leverage finance organizations to help drive profitable growth.
  • "Over the past few years, resale has gained significant momentum and attention from consumers as well as investors," said Mr. Gopal.
  • On the appointment of Ms. Katz as Chairperson of the board, Mr. Koryl continued, “Karen has made immeasurable contributions to The RealReal since she joined the Board in 2021.

CardCash, an Acquisition of RDE, Inc. has Joined Livestream Social Shopping Platform MARKET.live

Retrieved on: 
Wednesday, December 13, 2023

Hailed by Fox News as "the StubHub for gift cards," CardCash is the go-to destination for digital gift cards from major brands.

Key Points: 
  • Hailed by Fox News as "the StubHub for gift cards," CardCash is the go-to destination for digital gift cards from major brands.
  • MARKET.live, enables CardCash to reach exponentially larger audiences.”
    Verb Technology Company, Inc., is a market leader in interactive video-based sales applications.
  • The Company’s MARKET.live platform is a multi-vendor, multi-presenter, livestream social shopping destination at the forefront of the convergence of ecommerce and entertainment, where hundreds of retailers, brands, creators and influencers can monetize their base of fans and followers across social media channels.
  • The Company is headquartered in Las Vegas, NV and operates creator studios in Los Alamitos, California and Philadelphia, PA.

VERB's MARKET.live WELCOMES CardCash TO ITS LIVESTREAM SOCIAL SHOPPING PLATFORM

Retrieved on: 
Monday, December 11, 2023

LOS ALAMITOS, Calif. and LAS VEGAS, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"), the company behind MARKET.live, the innovative multi-vendor, multi-presenter livestream social shopping platform, announces an exciting new collaboration with premium consumer brand discount gift card exchange, CardCash. Adding the CardCash store to MARKET.live provides shoppers with unmatched savings on some of the most sought-after brands this holiday season, including Apple, Macy’s, Nike, Callaway, Build-A-Bear, and Top Golf.

Key Points: 
  • Hailed by Fox News as "the StubHub for gift cards," CardCash is the go-to destination for digital gift cards from major brands.
  • Digital Delivery: The CardCash discount shopping cards are delivered within seconds of purchase, offering convenience and instant access to savings.
  • "We’re thrilled to add CardCash to the MARKET.live platform, offering our shoppers much welcomed holiday discounts on leading brands.
  • With a dedicated focus on technology innovation and partnerships, VERB's MARKET.live remains at the forefront of the dynamic livestream social shopping landscape.

Ciitizen Forges New Path as Independent Company

Retrieved on: 
Wednesday, December 13, 2023

SAN FRANCISCO, Dec. 13, 2023 /PRNewswire/ -- Ciitizen, the leading patient-directed healthcare platform, today announced its formation as an independent company following its divestiture announced by Invitae Corporation (NVTA). Ciitizen will continue with its mission to enable faster drug development and improve therapies and support for patients with rare and complex diseases. 

Key Points: 
  • Ciitizen will continue with its mission to enable faster drug development and improve therapies and support for patients with rare and complex diseases.
  • Using its proprietary AI models and algorithms, Ciitizen creates patient and disease profiles with unprecedented detail and personalization.
  • "Ciitizen's direct relationships with patients are at the heart of our platform," said Farid Vij, Chief Executive Officer of Ciitizen.
  • Ciitizen and Invitae intend to collaborate on key initiatives as the Ciitizen platform expands globally.

StubHub Releases 2023 Year in Live Experiences Report: Women Make History Across Music and Sports

Retrieved on: 
Wednesday, December 6, 2023

NEW YORK, Dec. 6, 2023 /PRNewswire/ -- StubHub, the marketplace with the world's largest selection of live events, today released its 2023 Year in Live Experiences report, highlighting the stories and trends that made this year distinct, including the year's best-selling live music and sports experiences across the globe. The annual report showcases a year of firsts and milestones, from Taylor Swift breaking sales records to incredible performances across women's sports and immense international travel.

Key Points: 
  • The annual report showcases a year of firsts and milestones, from Taylor Swift breaking sales records to incredible performances across women's sports and immense international travel.
  • Women performers drive spike: Female artists drive 73% of overall sales for the top 10 global touring artists and Taylor Swift boasts the biggest tour in StubHub history.
  • "This year's continued demand for tickets sold on our platform underscores the value fans place on live events, particularly when they travel," said Cris Miller, chief business officer, StubHub.
  • "This year's top global touring artists were women and it's no surprise that Taylor Swift led sales with the biggest tour in StubHub history.

TicketNetwork to pay $825,000 penalty to settle misleading advertising concerns in the ticket resale market

Retrieved on: 
Tuesday, November 21, 2023

A Bureau investigation concluded that TicketNetwork advertised tickets at unattainable prices, a practice known as drip pricing.

Key Points: 
  • A Bureau investigation concluded that TicketNetwork advertised tickets at unattainable prices, a practice known as drip pricing.
  • The Bureau found that the mandatory fees added more than 38% on average and, in some cases, over 53% to the advertised prices.
  • Ticket vendors must make true pricing claims, and resellers must stop misrepresenting that they're primary vendors when they're not.
  • Since 2019, the Bureau's successful actions to resolve concerns about misleading advertising in the ticketing industry, including drip pricing, have led to a total of over $6 million in penalties for Ticketmaster , StubHub and TicketNetwork.

Klarna's US Growth Soars with GMV Up Nearly 50% YOY in Q3

Retrieved on: 
Monday, November 6, 2023

NEW YORK, Nov. 6, 2023 /PRNewswire/ -- Klarna, the AI powered global payments network and shopping assistant, today announced its continued momentum in the US market with several noteworthy achievements in Q3 2023 – its fourth consecutive quarter of gross profit in the market – including a 46% YOY rise in GMV and 28% improvement in credit loss rates. This growth is fueled by increasing adoption and demand for Klarna's increasingly diverse, AI-driven product suite among US consumers and retailers. Today, Klarna reaches over 37 million consumers (32% YOY growth) and 26,000 retail partners (38% YOY growth), including Macy's, Nike, Airbnb, StubHub, Instacart, and more.

Key Points: 
  • This growth is fueled by increasing adoption and demand for Klarna's increasingly diverse, AI-driven product suite among US consumers and retailers.
  • Today, Klarna reaches over 37 million consumers (32% YOY growth) and 26,000 retail partners (38% YOY growth), including Macy's, Nike, Airbnb, StubHub, Instacart, and more.
  • "Even in a challenging and evolving economic environment, Klarna's success in the US continues, marked by double-digit YOY GMV growth in Q3, 37 million+ consumers, and a rapidly expanding retailer network," said Sebastian Siemiatkowski, CEO, Klarna.
  • The growth and evolution of Klarna in the US has been turbocharged by the company's investment in AI.

StubHub's 2023 NBA Preview: Lakers Rise to the Top as Most In-Demand Team; Inaugural In-Season Tournament Boosts Early Ticket Sales

Retrieved on: 
Tuesday, October 17, 2023

NEW YORK, Oct. 17, 2023 /PRNewswire/ -- With the 2023-24 NBA season tipping off next week, StubHub releases its annual season preview, which breaks down the top-selling teams, games and other trends for the season based on ticket sales data from the global marketplace.

Key Points: 
  • Based on cumulative StubHub ticket sales as of October 17, 2023 for the NBA In-Season Tournament games of the 2023-2024 season.
  • Sales are up more than double, compared to the start of last season.
  • The Lakers hold the #2 spot on the top travel team list, claiming the second-highest average ticket price across their away schedule.
  • California ticket buyers nearly double the sales of buyers from the next top-purchasing state, New York," said Adam Budelli, spokesperson for StubHub.

StubHub's 2023 NHL Preview: Sales up across the league and internationally; Expansion teams are trending up and lead demand

Retrieved on: 
Tuesday, October 3, 2023

NEW YORK, Oct. 3, 2023 /PRNewswire/ -- As we enter the 2023-24 NHL season, StubHub releases ticket trends to reveal the top in-demand and trending teams, most popular games, and more. Overall sales for the league are trending nearly double last season's start, with expansion teams experiencing a rapid boost in demand - the Vegas Golden Knights claim the title as the most in-demand team and the Seattle Kraken are the top trending team of the season, reaping the biggest jump in sales from last season. 

Key Points: 
  • International demand for the NHL is on the rise: sales for the 2023 NHL season are being driven by buyers from 44 countries, up from 28 countries this time last year.
  • Sales for the four NHL Global Series games are outselling last year's series by 2.5x, and buyers are traveling from 22 countries.
  • The Golden Knights are the #1 team for the fourth time with sales up nearly 3x compared to last season.
  • "Rest assured, the Original Six teams still dominate league sales, with the Maple Leafs, Bruins and Rangers not far behind the Golden Knights in overall demand."