Some Logic about Huangniu/Ticket Scrapers of Live Nation and China
When demand substantially exceeds supply and the seller won’t set a market-clearing price, chaos follows. China In China, ticket scalpers are called 黄牛 (HuangNiu). As one Red Note user put it — speaking for all of us — Why are HuangNiu so powerful in China? — “The moment tickets go on sale they vanish, and then HuangNiu list them on secondhand platforms at a markup.” The reality is more nuanced. For pop concerts and sporting events, tickets are sold to real-ID users and admission is strictly real-ID verified. But event organizers sometimes collude with HuangNiu, reserving PR allocations and profiting from their resale. So when fans feel like tickets sell out instantly, it’s mostly a story of overwhelming demand rather than scalper wizardry. ...