GameStop makes $56bn unsolicited takeover bid for eBay

Economy & businessEconomyMay 4, 2026 at 01:39 AM

Key Points

GameStop made a $56bn unsolicited offer for eBay
Offer values eBay at $125 per share, a 20% premium
GameStop holds a 5% stake in eBay

GameStop holds a 5% stake in eBay, according to reports. Its CEO, Ryan Cohen, has described eBay as potentially worth hundreds of billions of dollars as a rival to Amazon, according to BBC News - Business. eBay has not yet responded to the offer.

worth hundreds of billions of dollars
Ryan Cohen, Chief Executive Officer of GameStop
In an interview with the Wall Street Journal about the potential of eBay to rival Amazon.