GameStop makes $56 billion bid for eBay, 4 times its size
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GameStop Corp. is proposing to buy EBay Inc. for about $56 billion in cash and stock, a bold attempt by Chief Executive Ryan Cohen to take over a storied e-commerce name several times larger.
The full-year 2026 GMV outlook was raised to 7-7.5% growth, balancing strong current momentum against more challenging comparisons and macroeconomic uncertainty in international markets. Management plans to revamp the Australian C2C experience in May by removing seller fees and introducing buyer-facing fees to unlock supply,
GameStop proposed on Sunday to buy eBay Inc for about $56 billion in a cash-and-stock deal, with CEO Ryan Cohen saying he was prepared to take the bid directly to shareholders should eBay’s board be unreceptive.
GameStop Corp (NYSE: GME) shares rose more than 4% in Fridays after-hours trading following reports that the company is preparing a formal bid to acquire eBay Inc (NASDAQ: EBAY). The news also triggered a sharp rally