The Guardian | GameStop’s $55.5bn bid for eBay rejected as ‘neither credible nor attractive’ by Joanna Partridge

AI generated summary, Read the full article for complete information.

eBay’s board has turned down GameStop’s unsolicited $55.5 billion offer to buy the online marketplace, calling the proposal “neither credible nor attractive” and citing uncertainty over how GameStop would finance the deal, its borrowing levels, and the operational risks of merging the two companies. GameStop, which has accumulated a 5 % stake in eBay, proposed a price of $125 per share funded by about $9.4 billion of cash and roughly $20 billion of debt financing, leaving a shortfall of around $16 billion relative to its own market value of roughly $12 billion and eBay’s $46 billion valuation. CEO Ryan Cohen, who has been linked to GameStop since 2020, was unable to explain the financing during a CNBC interview and hinted at a possible hostile bid if the board remains unreceptive. The rejection comes amid GameStop’s recent store closures, its meme‑stock legacy, and eBay’s own strategic moves, including a pending $1.2 billion acquisition of the fashion resale app Depop.

Read more: https://www.theguardian.com/business/2026/may/12/gamestop-bid-for-ebay-rejected-as-neither-credible-nor-attractive

#GameStop #EBay #PaulPressler #RyanCohen #Amazon #Depop #Etsy #CNBC #business #e_commerce #mergersandacquisitions #retailindustry

I have decided to put some things of mine on Depop and see how it goes!

https://www.depop.com/dextiveshop/

Obviously, I would prefer it if you buy directly from my shop. They're upmarked a little on Depop to encourage that, but I will appreciate it if you interact with the profile!

It's free, and it will help them with the algorithm.

#smallbusiness #depop #crafts #artshop #handmade #fedigiftShop

Etsy Depop eBay Sale: A Complete Guide to E-commerce Strategy Shift

Etsy sells Depop to eBay for $1.2B! 💸 This major acquisition reshapes the handmade marketplace strategy and impacts e-commerce trends. Discover the future of online vintage and handmade selling. #Etsy #Depop #eBay #Ecommerce #Marketplace

https://bulklayers.com/blog/etsy-depop-ebay-sale-reshapes-marketplace-strategy/

EBay forecasts upbeat revenue, buys Depop to boost fashion presence

https://www.reuters.com/sustainability/land-use-biodiversity/ebay-forecasts-first-quarter-revenue-above-estimates-2026-02-18/

#ebay #ebaynews #ebayfashion #depop #depopnews #fashion #clothing #tech #technews #fashionapps #ebaybuys #depopbuyout #ebayrevenue #fashionboost #fashionnews #marketplace #etsy #etsynews

Ah yes, strategic priorities: the corporate phrase that always lands on workers’ heads.
According to the article, eBay is laying off about 800 people (6% of its full-time workforce) while saying it’ll keep hiring in key areas.
15% revenue growth to $3B in Q4, and still… this? 😼

https://slashdot.org/story/26/02/26/1358254/ebay-is-laying-off-about-800-workers-6-of-global-workforce

#eBay #Layoffs #Depop

eBay Acquires Depop from Etsy for $1.2 Billion, Targeting Gen Z Market

eBay buys Depop from Etsy for $1.2 billion to connect with Gen Z. Find out how this deal affects shoppers and the fashion resale market.

#eBay #Depop #Etsy #GenZ #OnlineShopping

https://newsletter.tf/ebay-buys-depop-from-etsy-for-1-2-billion-to-reach-gen-z/

eBay is buying Depop for $1.2 billion, which is a very big amount of money. This is to help eBay reach younger people who like buying used clothes.

#eBay #Depop #Etsy #GenZ #OnlineShopping

https://newsletter.tf/ebay-buys-depop-from-etsy-for-1-2-billion-to-reach-gen-z/

Etsy Sells Depop to eBay for $1.2 Billion

Etsy sold its fashion app Depop to eBay for $1.2 billion. Etsy shares rose 14%. Find out why and what happens next.

#Etsy #Depop #eBay #Ecommerce #FashionResale

https://newsletter.tf/etsy-sells-depop-to-ebay-for-1-2-billion-stock-rises/