Privately held LLC, an online travel agency founded by Las Vegas Sun owner Greenspun Corp. Our business is better positioned than ever, and after announcing international TAM (total addressable market) expansion last quarter with our acquisition of Wavedash, we are thrilled to announce further TAM expansion with our acquisition of .”Ĭhia views as “a strategic asset that will enhance our scale and reach in the coveted entertainment capital of the U.S.” “Our focus on cultivating buyer loyalty continues to deliver results with repeat rates increasing and pacing ahead of expectations. “It has never been more clear that demand for live events is strong and that we are capturing that strength at Vivid Seats,” he said in a release. The deal for is an indication that Vivid believes in the city’s live entertainment market, Chia said. Vivid CEO Stan Chia said that, after strong marketplace growth in the company’s third quarter, it is expanding with two acquisitions The deal was earlier reported by the Wall Street Journal. has acquired in a $240 million cash and stock deal, the company confirmed Tuesday.Ĭhicago-based Vivid announced the deal in the company’s earnings call with investors. (Las Vegas Review-Journal)Īmerican online ticket exchange and resale company Vivid Seats Inc. A screenshot from the home page taken Tuesday, Nov.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |