GameStop plans to offer for eBay, aiming to boost its market value significantly.

GameStop is preparing a potential offer to acquire eBay as part of CEO Ryan Cohen's strategy to increase GameStop's market value by more than tenfold. The company has been quietly buying shares of eBay, which has a market capitalization of about $46 billion, and could make an offer as soon as later this month. If eBay resists, Cohen may take the offer directly to eBay's shareholders. This move follows a compensation plan for Cohen tied to a major turnaround for GameStop, which has struggled since its 2021 peak during the meme-stock rally.