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GameStop makes $56 billion bid to take over eBay in hopes of building Amazon rival
Video game retail company and meme stock champion GameStop has made an offer to take over bidding website eBay for $56 billion. If successful, GameStop would take control of a company four times larger in market capitalisation, with CEO Ryan Cohen saying the new entity could rival e-commerce platforms like Amazon. Also in this edition: we take a look back at the collapse of US low-cost carrier Spirit Airlines over the weekend.
Video game retail company and meme stock champion GameStop has made an offer to take over bidding website eBay for $56 billion. If successful, GameStop would take control of a company four times larger in market capitalisation, with CEO Ryan Cohen saying the new entity could rival e-commerce platforms like Amazon. Also in this edition: we take a look back at the collapse of US low-cost carrier Spirit Airlines over the weekend.
