GameStop reportedly wants to buy eBay, a marketplace with four times its market value

Physical game stores are few and far between these days, but hit up enough American malls and you're bound to find a GameStop or two tucked between Rainforest Cafes. While it might be a tough time to be in the videogame retail business, CEO Ryan Cohen has big plans for GameStop that, according to a report from the Wall Street Journal, end with it as a "$100-billion plus juggernaut."

The report states that the next step in Cohen's designs is to make an offer for eBay—the digital marketplace that is not only for all sorts of non-videogame things, but also has over four times the market value of GameStop. Naturally both stocks are up following the release of this news, which WSJ attributed to "people familiar with the matter."

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For comparison, GameStop's net sales in 2025 came out to $3.6 billion, down from the year prior, though the company did see an operating income of $232.1 million—a recovery from years spent in the red. Still, it's been a tumultuous time for the gaming retailer; it closed over 400 locations in the U.S. just earlier this year. Its recent attempts to stay in the public eye have yielded antics like the employee-maligned "Trade Anything Day" and some godawful Trump memes on X.

Justin first became enamored with PC gaming when World of Warcraft and Neverwinter Nights 2 rewired his brain as a wide-eyed kid. As time has passed, he's amassed a hefty backlog of retro shooters, CRPGs, and janky '90s esoterica. Whether he's extolling the virtues of Shenmue or troubleshooting some fiddly old MMO, it's hard to get his mind off games with more ambition than scruples. When he's not at his keyboard, he's probably birdwatching or daydreaming about a glorious comeback for real-time with pause combat. Any day now...