GameStop is reportedly preparing an offer to buy eBay

The story

The Wall Street Journal reported that the offer could come as soon as this month.

From the source

Gaming GameStop is reportedly preparing an offer to buy eBay By Jackson Chen May 3, 2026 1:31 pm EST Stefano Chiacchiarini '74/Shutterstock It doesn't look like GameStop's wild ride is stopping anytime soon, after the Wall Street Journal reported that the company is about to make an offer to acquire eBay. While an official offer hasn't been submitted yet, WSJ said that GameStop could make a buyout offer for eBay "as soon as later this month."

The WSJ noted that GameStop's market value sat at around $11 billion, while eBay towered over it with a $45 billion market value, as of Friday's market close. The report didn't have details on the potential offer, but WSJ said that Cohen could also take the offer directly to eBay's shareholders instead if eBay isn't receptive.

It's important to note that the company's CEO, Ryan Cohen, could receive a $35 billion in stock if he meets certain criteria, including increasing GameStop's market value to $100 billion. Acquiring eBay could also be a part of Cohen's plans to evolve GameStop beyond its reputation as a video games and collectibles retailer.

Who and what

Key names and topics in this story: GameStop.

Where to follow next

• Read the full piece at www.engadget.com
• More from our Tech & gadgets coverage