October 21, 2020
Business News

Eventbrite Provides September Operating Update

SAN FRANCISCO–()–Eventbrite, Inc. (NYSE: EB), a global self-service ticketing and experience technology platform, today provided an update on the company’s event ticketing trends and advance payout program. The month-on-month improvement in paid ticket trends the company experienced throughout the second quarter continued into the third quarter, as paid ticket volumes increased 17% in August compared to July, on top of a 25% increase in July compared to June. The improvement was primarily driven by growth in paid tickets to in-person events, which increased 26% in August compared to July and 50% in July compared to June. On a year-over-year basis, August paid ticket volume declined 65%, improving from an 82%…

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