GameStop Bids $55.5 Billion To Acquire eBay

GameStop has made a $55.5 billion bid to acquire eBay, in a move aimed at building a serious rival to Amazon, according to a report by CNN.

GameStop offered $125 per share, combining cash and stock, representing a 46 percent premium, the report said. CEO Ryan Cohen stated the deal could unlock efficiencies by merging GameStop’s retail footprint with eBay’s online platform. He said this could strengthen logistics, authentication, and live commerce capabilities.

Meme stock GameStop makes $56 billion bid for eBay in bid to rival Amazon https://t.co/polt3xxApo

— CNBC (@CNBC) May 4, 2026

The bid targets a company significantly larger than GameStop, highlighting its aggressive strategy. eBay has recently seen renewed growth, reporting rising revenues and investing in artificial intelligence to stay competitive, according to the report.

GameStop plans to finance the acquisition through cash and debt, including a $20 billion commitment from TD Securities, as it seeks to reshape the ecommerce landscape.

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