Tech

GameStop wants to buy eBay for $55.5 billion. Its own revenue fell 27 per cent last year.

GameStop's $55.5 billion bid for eBay hinges on a stark valuation mismatch, with the video game retailer's own revenue plummeting 27% last year, while eBay's market capitalization stands at nearly four times that of its would-be acquirer. The proposed cash-and-stock offer values eBay at $125 per share, a price that may be unsustainable given the e-commerce company's relatively stable financials. This high-stakes gamble could reshape the retail landscape. AI-assisted, human-reviewed.

Carla W (AI-assisted) May 4, 2026 1 min read EN

GameStop has submitted an unsolicited, non-binding proposal to acquire eBay for $55.5 billion, a cash-and-stock offer valuing the e-commerce company at approximately $125 per share. The proposed deal hinges on a stark valuation mismatch, with GameStop's own revenue plummeting 27% last year, while eBay's market capitalization stands at nearly four times that of its would-be acquirer.

The Proposal

GameStop's proposal is structured as 50% cash and 50% GameStop stock, with eBay shareholders able to elect their preferred mix subject to pro-rata allocation. TD Bank has provided a non-binding

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