E-Commerce & Retail

How GameStop went from struggling retailer to eBay bidder

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GameStop proposed a $55.5 billion acquisition of eBay, leveraging a 5% stake in the company and up to $20 billion in financing from TD Bank. This move signals GameStop's ambition under CEO Ryan Cohen to transform eBay into a formidable competitor to Amazon, highlighting shifting strategies in e-commerce retail that could reshape online marketplaces. Developers and tech professionals should watch for potential innovations or changes in eBay’s platform if the acquisition proceeds.

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