GameStop plans potential takeover of eBay as CEO aims for $100B valuation

GameStop is reportedly building a stake in eBay ahead of a possible takeover offer, aiming to boost its market value to $100 billion under CEO Ryan Cohen. The move follows Cohen's earlier hint at a major acquisition in the consumer or retail sector. GameStop has strengthened its financial position with nearly $9 billion in cash and investments, including Bitcoin holdings. If eBay resists, Cohen may take the offer directly to shareholders, signaling a bold strategy to transform GameStop beyond its video game retail roots.