GameStop reportedly wants to buy eBay, a marketplace with four times its market value
GameStop, under CEO Ryan Cohen, is reportedly planning to acquire eBay despite eBay having over four times its market value. The move aligns with Cohen's stated ambition to transform GameStop into a major retail player, though details of the offer remain unclear. Both companies' stocks rose following the news, which was attributed to sources familiar with the matter.
- ▪GameStop is reportedly seeking to buy eBay, a company with over four times its market value.
- ▪eBay generated $11.1 billion in revenue last year, compared to GameStop's $3.6 billion in 2025 net sales.
- ▪GameStop closed over 400 U.S. locations earlier in 2026 and has faced criticism for controversial marketing efforts.
- ▪CEO Ryan Cohen previously described his strategy as a bold move that could be 'genius or totally, totally foolish.'
- ▪Both GameStop and eBay saw their stock prices rise after the acquisition report surfaced.
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Gaming Industry GameStop reportedly wants to buy eBay, a marketplace with four times its market value News By Justin Wagner published 2 May 2026 CEO Ryan Cohen has big plans for the aging retailer. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. (Image credit: Mike Mozart (via Flickr)) Copy link Facebook X Whatsapp Reddit Pinterest Flipboard Email Share this article 0 Join the conversation Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter Physical game stores are few and far between these days, but hit up enough American malls and you're bound to find a GameStop or two tucked between Rainforest Cafes.
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