Saturday, 18 July, 2026
Power Play: GameStop Locks in Nearly 10% Stake in eBay
By TechShots Studio
An SEC filing reveals GameStop now owns 43.4 million shares of eBay, securing a 9.8% stake. This follows eBay's rejection of GameStop's $56 billion takeover bid. Driven by CEO Ryan Cohen, the video game retailer aggressively expanded its position through recent share purchases and option settlements, continuing its push to combine e-commerce and collectibles.