GameStop Prepares Bold Bid to Buy eBay
GameStop plans to buy eBay to grow big. CEO Ryan Cohen wants to turn it into a $100B company using its strong cash position.
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eBay Acquires Depop for $1.2B to Target Gen Z Fashion Shoppers
eBay buys Depop from Etsy for ~$1.2B, boosting its fashion resale with 7M young buyers (90% under 34). Q4 revenue +15% to $3B, shares up 7%.
eBay Q4 Forecast Misses Estimates: Holiday Concerns Rise
eBay misses Q4 profit forecast despite strong Q3 results. Holiday season concerns and macroeconomic pressures send shares down 5%.