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About Vivid Seats Inc.
Vivid Seats, Inc. operates as an online ticket marketplace, which engages in the provision of different selections of events and tickets in North America. The company is headquartered in Chicago, Illinois and currently employs 768 full-time employees. The company went IPO on 2020-08-20. Its segments include Marketplace and Resale. In its Marketplace segment, it acts as an intermediary between ticket buyers and sellers through which it processes ticket sales on its Website and mobile applications and initiates sales through its numerous distribution partners. Its Marketplace segment also includes its Vivid Picks daily fantasy sports offering, where users partake in contests by making picks from a variety of sport and player matchups. In its Resale segment, it acquires tickets to resell on secondary ticket marketplaces, including its own. The segment also provides internal research and development support for Skybox, an ERP tool used by the majority of its ticket sellers. Skybox is a free-to-use system that helps ticket sellers manage ticket inventories, adjust pricing, and fulfill orders across multiple ticket resale marketplaces.
Industry: Services-Miscellaneous Amusement & Recreation Peers: AMAZON COM INC Revolve Group, Inc. Chewy, Inc. Newegg Commerce, Inc. ETSY INC Qurate Retail, Inc. BEYOND, INC. Poshmark, Inc. Xometry, Inc. Wayfair Inc.