Ryan Cohen
Chairman and CEO of GameStop and co-founder of Chewy. In a July 2026 Bloomberg Tech interview, he discussed GameStop’s proposed acquisition of eBay, profitability initiatives, and shareholder value.
GameStop Keeps eBay in Play but Withholds Bid Details
GameStop CEO Ryan Cohen says the company is still pursuing eBay, but would not say whether it will raise the $56 billion offer Bloomberg identified or disclose the timing and structure of any next step. In a Bloomberg Technology interview, Cohen said GameStop is “coming for eBay one way or another,” while arguing that record earnings from a smaller store base justify management’s decision to keep its strategy and transaction terms private.
GameStop May Swap Its $56 Billion eBay Bid for a Partnership
GameStop may withdraw its proposed $56 billion bid for eBay after eBay rejected the approach and instead seek a partnership or joint venture, Bloomberg reports. Bailey Lipschultz says the companies could use GameStop’s 1,600 US stores to authenticate collectibles for eBay sellers, giving the marketplace a physical intake network without an acquisition. Spencer Soper cautions that similar efforts have struggled before, and that a store footprint alone does not establish customer demand or workable economics.
Cohen Proposes Turning GameStop Stores Into eBay Marketplace Infrastructure
GameStop CEO Ryan Cohen argues that his rejected roughly $56 billion bid for eBay would turn the marketplace into a larger, more profitable business by combining its platform with GameStop’s stores, gaming expertise and refurbished-technology operations. Cohen says the stores could serve as local hubs for authentication, fulfillment and live commerce, while $2 billion in first-year cost reductions would support the deal’s economics. He has offered broad assurances on financing and an investment-grade credit profile, but has not disclosed the proposed capital structure or said whether he will raise the bid.
Cohen’s $56 Billion eBay Bid Targets Costs, Sellers, and Digital Collectibles
GameStop chief executive Ryan Cohen is pitching a $56bn bid for eBay as an operating turnaround rather than a financial trade. In an All-In interview, Cohen argues that eBay’s marketplace remains valuable but has been mismanaged through weak growth, rising costs and damaged seller relationships, and says GameStop could cut $2bn in expenses while expanding eBay into live commerce and digital in-game collectibles. The fight, in his telling, is over whether eBay shareholders trust incumbent management or an owner-operator offering half cash, half GameStop stock.