Aug 12, 2014

[The Bridge] Japan’s Ticket Street raises $3M from eBay, Gree Ventures

Ticket Street is a Tokyo startup providing a platform focused on the buying and selling of show tickets. The Nikkei reported that the startup has fundraised 300 million yen (or about $3 million) from US e-commerce giant eBay (NASDAQ:EBAY) and Japan’s Gree subsidiary Gree Ventures. 
Because eBay has online ticket marketplace StubHub under its wings, the Tokyo company plans to partner with the US counterpart to start selling tickets from this fall for MLB and NBA games in Japan. ...
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The Bridge 8/7/2014 [en]

  • eBay entered Japan market long time ago, but withdrew soon failed against Yahoo Auction. So, it is very interesting move. The impact of the partnership would not be so sure because show tickets are basically domestic business, but it is interesting to see whether the eBay's strategy would work this time.

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