{"id":644839,"date":"2026-05-02T08:47:21","date_gmt":"2026-05-02T06:47:21","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=644839"},"modified":"2026-05-02T08:57:55","modified_gmt":"2026-05-02T06:57:55","slug":"gamestop-wants-to-buy-ebay-report","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/business\/644839-gamestop-wants-to-buy-ebay-report.html","title":{"rendered":"GameStop wants to buy eBay \u2014 Report"},"content":{"rendered":"\n

eBay’s share price jumped more than 15% in after-hours trading on Friday after the Wall Street Journal reported that video game retailer GameStop is preparing a bid for the company.<\/p>\n\n\n\n

GameStop, led by e-commerce entrepreneur Ryan Cohen, has been building a position in the online auctioneer and may make an offer for the business this month, the newspaper reported, citing unidentified sources. <\/p>\n\n\n\n

If eBay isn\u2019t receptive to the deal, Cohen may take his proposal directly to shareholders. Spokespeople for eBay and GameStop didn\u2019t respond to requests for comment. Shares in GameStop also rose.<\/p>\n\n\n\n

GameStop had a market value of $11.8 billion before the news broke, while eBay\u2019s was much larger at around $46 billion.<\/p>\n\n\n\n

Cohen, the founder of pet supplies e-tailer Chewy, has set ambitious goals for himself. <\/p>\n\n\n\n

In January, the company unveiled a\u00a0compensation package<\/a>\u00a0that would reward him with options on over 171 million shares if he lifted GameStop\u2019s market value to $100 billion.<\/p>\n\n\n\n

Both companies have struggled to adapt to changing consumer preferences. GameStop has shut stores and emphasised collectable toys and trading cards as more video games are purchased online.<\/p>\n\n\n\n

EBay has been pushing collectibles and used goods on its marketplace, which are both relevant to video-game enthusiasts and overlap with the GameStop customer. <\/p>\n\n\n\n

Limited releases and hard-to-find items are often sold at a markup on eBay to capitalize on their popularity and scarcity.<\/p>\n","protected":false},"excerpt":{"rendered":"

eBay’s share price jumped more than 15% in after-hours trading on Friday after the Wall Street Journal reported that video-game retailer GameStop is preparing a bid for the company.<\/p>\n","protected":false},"author":341034,"featured_media":644840,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[11165,3720,68468,99605,10412,77290],"class_list":["post-644839","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-e-commerce","tag-ebay","tag-gamestop","tag-online-marketplaces","tag-online-shopping","tag-ryan-cohen"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/644839"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/341034"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=644839"}],"version-history":[{"count":3,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/644839\/revisions"}],"predecessor-version":[{"id":644845,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/644839\/revisions\/644845"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/644840"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=644839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=644839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=644839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}