GameStop Preparing Offer for eBay

love2read

Bed Bath and Beyond preparing offer for Costco /s

huhkerrf

Time ticks for everyone... One day some company will be buying the remains of Amazon.

applfanboysbgon

> GameStop, which had a market value of around $11 billion [...] EBay is several times GameStop’s size, with a market value around $45 billion as of Friday’s close. > Details of the potential offer for eBay couldn’t be learned. This appears to be an attention stunt, of which Cohen has done a few since GME became a meme stock.

v4dm

Ryan Cohen rarely does interviews & Lauren Thomas is one of the few journalists he agreed to speak to, they had an interview earlier this year - https://www.wsj.com/finance/stocks/gamestop-ceo-plans-e8440c... If you check eBay & GME's stock prices after the announcement, the market seems to think there are at least serious discussions here if not more.

lofaszvanitt

so price manipulation

estimator7292

Best I can do is three dollars

SMAAART

History rhymes, same playbook as https://en.wikipedia.org/wiki/MCI_Inc .

phplovesong

LOL. Ebay is like 50-100x bigger than memestock. This is fake news, or just some bs some ceo said drunk.

neilv

Whatever you do, don't break eBay. I love eBay, for both buying and selling used items that are viable to ship. We let CraigsList get broken, with seemingly much fewer sellers and buyers than it used to have. I tried Facebook Marketplace, which is where most local buyers&sellers seemed to move to. But I won't install their app, and the notification emails only sometimes came through. (One buyer became very irate when I didn't respond promptly.) Also, their pretend E2E encryption for messages on their Web site was just annoying (like a dark pattern intended to make people hate E2E, while not actually providing any significant security).

xiphmont

Oh no. Please, please don't let eBay get Boeing'd.

satvikpendem

I wonder how those bagholders are feeling now, still diamond hands holding to the moon? Hell, there are still Bed Bath and Beyond and even Sears bagholders somehow thinking they'll get back money from a bankrupt and dissolved company, so I can't be too surprised. https://reddit.com/gallery/1t1aeky

tim-tday

“Best I can do is $1.25 not a lot of demand for used” <squints at the package> “online marketplace sites.”

phendrenad2

Probably a good time to scrape eBay and collect all of the seller ratings in a big Excel file before GameStop knows what's happening. There will be a market for an EBay that isn't pushing you to buy Pokemon cards or Funko Pops every 5 seconds, but you need that list.

bookofjoe

https://www.wsj.com/business/deals/gamestop-preparing-offer-...

ghstinda

ebay is the worst, they might as well buy shein