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

Post by boldlybold » Tue, May 12, 2026, 5:13 PM UTC

TravisJamison wrote: post #43

qrush wrote: 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.

Post by tombert » Tue, May 12, 2026, 5:17 PM UTC

wordpad wrote: post #82

bayarearefugee wrote: post #45

Earlier quoted context omitted.

> works for no salary Working for no salary is almost never charitable and is almost always just part of a larger tax avoidance scheme.

Doesn't matter as long as incentives are aligned. As a major stockholder and active advocate, he is already vested in success.

Post by [deleted] » Tue, May 12, 2026, 5:18 PM UTC

aresant wrote: post #25

tombert wrote: post #2

I really thought it was going to be the other way around. I am quite confident that if GameStop bought eBay, they would ruin it in the same way that K-Mart buying Sears ruined that company. I could be wrong, I'm not a business person, but it seems kind of obvious that a company like GameStop, whose current existence appears to be due to a weird short squeeze anomaly, is not a sustainable business.

The context this comment misses is Gamestop's secret weapon is their CEO Ryan Cohen who has been sitting around the hoop trying to figure out how to leverage Gamestop's fundraising capabilities to do something big Couple of highlights on Ryan - Built and sold Chewy from a startup to the largest ecomm acq of all time - Became #1 individual shareholder of Apple early on - Bought a 10% share of Gamespot in 2020 becoming…

Post by croes » Tue, May 12, 2026, 5:19 PM UTC

SwellJoe wrote: post #70

Scoundreller wrote: post #28

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…

Post by tombert » Tue, May 12, 2026, 5:21 PM UTC

xp84 wrote: post #94

jader201 wrote: post #51

Earlier quoted context omitted.

I'm not sure I follow/buy the premise of moving second-hand sales to a physical building as beneficial to eBay. If I'm looking for X, I'd much rather go to an online store, where I have access to several listings of X at varying prices and condition, vs. make a trip to a physical store, see if they have X, and hope that the condition and price matches my expectations. Maybe if I'm not looking for X, and just want to…

^This. The crazy part is that in today’s PE-style system of things, the incentives… - GameStop shareholders - GameStop the company - e.g. employees - eBay shareholders - eBay the company - for example its employees …aren’t necessarily aligned. If GAME buys EBAY - it’s an exit for the EBAY shareholders, which is easy for them to evaluate as it’s presumably a $ premium over the share price today. If GAME then runs the…