GameStop could buy eBay for ~RM240 billion

Recently, GameStop expressed its intention to acquire eBay for around USD56 billion (~RM240 billion). That said, what should you know about it?

There will be multiple challenges for GameStop

For your information, GameStop is a company that focuses on selling video games and electronics. Previously, GameStop was poised to make its mark in the public conversation as many Reddit users invested in GameStop shares, thereby increasing the company's value.

Additionally, GameStop is still going through challenges, including a drop in sales that forced it to close hundreds of stores in the United States. This has led them to explore other methods, and most recently, they have expressed their desire to acquire eBay and become a new giant alongside Amazon and other e-commerce services.

Moreover, GameStop's takeover bid is expected to have its own challenges. GameStop is currently valued at around USD12 billion (~RM50 billion), while eBay is valued at around $46 billion.

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