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GameStop makes $56 billion bid to take over eBay in hopes of building Amazon rival

by LJ News Opinions
May 4, 2026
in Business
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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.

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