Alina Seljuk
๐ค SpeakerAppearances Over Time
Podcast Appearances
eBay says it received no notice or outreach before GameStop made its takeover bid.
And eBay as a company is about four times bigger than GameStop.
Still, in a statement, eBay says it will bring the proposal to its board for review.
In recent years, GameStop, under its CEO Ryan Cohen, has risen in profile as a darling of meme stock investors.
Cohen is the founder of pet goods company Chewy, and he had a prominent stake in Bed Bath & Beyond before its spiral into bankruptcy.
GameStop has recently built up a stake in eBay, which lately has been working to refresh itself.
eBay's trying to go after younger shoppers with trading cards and secondhand fashion.
In February, eBay said it's buying Depop, a popular secondhand clothing app.
Ask anyone who sells anything in the U.S.
what's on their mind, and they'll probably say tariff refunds.
government has collected more than $200 billion in tariffs imposed by President Trump, but now the Supreme Court has struck down about half of them.
Anyone who paid those tariffs should get their money back.
And that anyone is often small business owners like Sarah Wells in Virginia.
She sells backpacks and other products for new moms for breastfeeding.
And we not only need the money back, but we need a process to get the money back.
Which she hopes will not require hiring lawyers or brokers.
extensive paperwork or years-long litigation.