
LIVE MARKETS-FIFA World Cup hype puts digital players on the front foot

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The FIFA World Cup hype is set to benefit digital players significantly, with J.P. Morgan estimating billions in spillover spending. StubHub could capture $400-$800 million from secondary ticket sales, while Airbnb is positioned to benefit from increased demand for accommodations. Rideshare and food delivery services may see gains of $540 million and $190 million, respectively. The tournament is also expected to drive $5 billion in global ad spending, with Alphabet and Meta Platforms as key beneficiaries. Overall, internet platforms are poised for a temporary windfall during the event.
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