GameStop is a struggling retailer worth about 12 billion dollars. eBay is a massive e-commerce entity worth around $46 billion. GameStop has made moves as if it has the intent to try to purchase eBay despite the latter being worth almost 4 times more than the former. This would be like if a guy went and tried picking a fight with someone nearly 4 times their size/strength/etc. It is illogical and reeks of Gamestop either trying to boost its stock price (more on this shortly) through seemingly impossible "Plans," or perhaps, like the tiny man trying to get into fisticuffs with the bigger fellow, GameStop, somehow, thinks it has something up its sleeve? Another company/country/whatever willing to put up funds for such an absurd proposal? I don't really see any reality where this even happens. Other people and I also definitely don't see any reality where such an acquisition would end well.
The horrible concept of Gamestop buying eBay hasn't stopped GameStop from claiming it has the wherewithal to offer, "eBay’s board...$125 a share, a massive premium over the stock’s recent average price of around $90 a share. According to Cohen, the deal will be half cash, half stock, with up to $20 billion in financing on the table from TD Securities. GameStop had $9.4 billion in cash and 'liquid investments,' as of January 31, 2026, which presumably includes the company’s large purchases of Bitcoin after closing more stores. And of course, as part of the deal, Cohen will become CEO of the new joint GameStop/eBay entity, paid only based on the future performance of its stock." GameStop has delusions of rivaling Amazon, but GameStop's stock took a hit today from how dumb this all is. eBay has confirmed they received the unsolicited offer in much the same way I would, "Confirm," getting a spam email. More on this madness as it develops.
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