eBay Shares Surge Amid GameStop Founder Ryan Cohen's $56 B Takeover Offer
France 24 reports that eBay’s stock jumped before the market opened as GameStop CEO Ryan Cohen announced an approximately $56 billion bid to acquire the online auction platform. Cohen envisions using eBay’s infrastructure for GameStop’s 1,600 U.S. stores as drop‑off and shipping locations and plans live sales broadcasts featuring eBay products. The move is seen as a strategy to challenge Amazon’s dominance in e‑commerce.
Advertisement: Article Inline