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eBay Rejects GameStop's $56B Takeover as Not Credible

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Re: eBay Rejects GameStop's $56B Takeover as Not Credible

#111
post #29

Earlier quoted context omitted.

I agree. eBay has a strong brand, one of the oldest web brands. It should just continue doing what it's doing.

They probably should do more marketing.

Why? Who isn't aware of eBay?

Re: eBay Rejects GameStop's $56B Takeover as Not Credible

#112
post #29

Earlier quoted context omitted.

I agree. eBay has a strong brand, one of the oldest web brands. It should just continue doing what it's doing.

They probably should do more marketing.

eBay stock is at all time highs, but sure, I'll bet you could do better.

Re: eBay Rejects GameStop's $56B Takeover as Not Credible

#113
post #16

As a avid eBay customer I am pretty relieved. I buy 2-3 items a month and was selling for the last 2 years on the platform. It's come such a long way and is really a great, streamlined experience. Of course I'm sure folks that make their living off their stores & sales will have different opinions, but I'd say as a routine customer and seller it doesn't need an external company's takeover pressure on it.

Are you trading collectibles? I’m just genuinely curious what someone would buy with 2-3 transactions a month.

There's a lot of low volume and niche stuff sold by industrial ecommerce (grainger, Mcmaster, etc) and sites specializing in a given niche that those sellers cross list to eBay (the higher volume stuff is typically sold on Amazon)

Re: eBay Rejects GameStop's $56B Takeover as Not Credible

#114
post #107

Earlier quoted context omitted.

> Old computer stuff at least once a month. So, collectables...

How did you determine that? As someone who also buys old computer stuff from time to time, I wouldn't say they are collectibles.

There's collectables as in over priced stuff and collectables as in what ever you like to collect.

I think the former is more useful, and the latter could be anything.

The GGP was probably thinking the former, the GP being pedantic used the latter.

Re: eBay Rejects GameStop's $56B Takeover as Not Credible

#115
post #29

Earlier quoted context omitted.

I agree. eBay has a strong brand, one of the oldest web brands. It should just continue doing what it's doing.

They probably should do more marketing.

My engagement with adblocking technology is such that I actually have little insights into how much marketing ebay does.

Don't they do TV commercials, engage with creators on ebay live, and have normal Adsense type ads?

Re: eBay Rejects GameStop's $56B Takeover as Not Credible

#116

Earlier quoted context omitted.

The sad part is the offer primarily focussed on how eBay can cut costs when a lot of that spending is probably accretive. eBay’s biggest issue is their declining online shopping marketshare. They’ve gone from owning nearly the entire market to just losing it.

They're doing a terrible job of preventing scams. Right now there are hundreds of listings for GPUs at too-good-to-be-true prices from sellers with 0 feedback or, worse, from old accounts with positive feedback that have obviously been taken over by scammers (all the feedback is from years ago and about unrelated products). Trust is what eBay brings to the table, when they cede that to scammers, they stop being usefu…

Is this really a big problem for buyers now? Asking genuinely, not rhetorically. In my experience with eBay (my account is 25 years old), the one thing you could count on is that buyers who receive nothing, or get a box of bricks, or broken items or whatever, basically 100% of the time, will get refunded - if necessary, by eBay itself. (This has been frustrating of course for honest sellers who get scammed by buyers.)

So, if they have a ton of scammers now, I would think customers are not being that impacted, and I would have also thought that eBay wouldn’t have too hard a time getting the sellers to pay the refunds, since they tend to withhold the funds from sellers until a little while after the delivery is confirmed.

Re: eBay Rejects GameStop's $56B Takeover as Not Credible

#117
post #106

Earlier quoted context omitted.

It's great for used car parts (both buying and selling, as a hobbyist)

I backed into my garage stupidly and broke my RAV4's side mirror. I found a guy in Japan who was selling the exact part I needed (the cover for the mirror matching my paint color), OEM for $50. It's like Craigslist but global on eBay. Never change.

[deleted]

Re: eBay Rejects GameStop's $56B Takeover as Not Credible

#118
post #10

Well if you’ve seen the CNBC interview with the GameStop CEO he couldn’t answer basic questions about the deal so the outcome here isn’t surprising. The interview was so bad the first time I saw it I thought it was some sort of satire bit. No, it was real and the commentators were literally speechless.

Guys, we have a web for a reason. For links! https://www.youtube.com/watch?v=Bmj2PaxX24E

Disagree https://www.youtube.com/watch?v=LTJvdGcb7Fs

Re: eBay Rejects GameStop's $56B Takeover as Not Credible

#119
post #72

Earlier quoted context omitted.

Who wants to go to a physical store in 2026?

I could maybe see this argument in 2018 or something In 2026? Online shopping is full of low quality knockoff crap, with deveptive listings that are trying to trick you. Yes, I absolutely prefer physical stores again. In fact I've pretty much stopped online shopping altogether again

Maybe you're just online shopping on Amazon and Temu like it's 2018. It's 2026, low quality knockoff crap is sold in physical stores just as much as online. You just have to pay attention to what you're buying which is true irl and online.

Re: eBay Rejects GameStop's $56B Takeover as Not Credible

#120
post #41

Earlier quoted context omitted.

I have absolutely no clue how you could watch the interview and come away with this conclusion. The purpose of an interview is to ask Socratic questions to allow the guest to talk about something of which they have intimate knowledge. The CEO made it seem like he himself didn't know how the math for the offer worked, and even when presented multiple opportunities to correct that impression, he made no attempt to conv…

> I have absolutely no clue how you could watch the interview and come away with this conclusion. The reason is pretty apparent. They are bagholders. People like this show up in every thread about Gamestop boasting about how amazing Cohen is in a weirdly personal manner, and have a very fantastical view of how things are going to go -- because their investment depends on it, and they built a literal cult around the i…

For more information, see Dan Olsen's "This is Financial Advice." https://www.youtube.com/watch?v=5pYeoZaoWrA Its a few years old, but gives you some perspective on the weird cult that has been built around GME.

Edit: Where Ryan Cohen comes in: https://youtu.be/5pYeoZaoWrA?t=6629

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