GameStop, the struggling brick-and-mortar video game retailer with a market value of about $12 billion, wants to buy eBay, an e-commerce company worth around $46 billion. This comes from a Wall Street Journal report which says that GameStop is quietly building up a stake in eBay shares in preparation for an offer that could come by the end of this month. The report does not suggest what an offer would look like or how it would be received, though a source speaking to The WSJ suggested that GameStop CEO Ryan Cohen could take the offer directly to eBay’s shareholders if the company’s leadership isn’t interested. GameStop’s most recent earnings report for the full year of 2025 has the company’s sales at $3.6 billion, down from $3.8 billion the year before, and its operating income finally in the black at $232.1 million after several years running in the red, with the company seeing an operating loss in 2024 of $26.2 million.…