GameStop has submitted a $56 billion acquisition offer for eBay, aiming to create an e-commerce platform capable of competing with Amazon, but markets widely question the feasibility of its financing plan.
GameStop chairman Ryan Cohen has proposed a $55.5 billion takeover of eBay aiming to build a stronger competitor to Amazon
Meme stock pioneer GameStop has announced a $56 billion all-stock bid to acquire eBay, aiming to build a next-generation e-commerce giant to compete directly with Amazon. The move marks a major strategic pivot for the retailer.
GameStop has made an unsolicited $56 billion acquisition offer to e-commerce platform eBay, with CEO Ryan Cohen revealing a roughly 5% stake in the company.
Amazon reported Q1 2026 revenue of $181.5 billion, beating Wall Street expectations. AWS cloud unit grew 28%, marking a 15-quarter high. Stock slides after hours on rising AI spending concerns.