eBay rejects $55.5bn offer from GameStop

eBay has rejected a takeover offer from GameStop, calling it "unsolicited", "neither credible nor attractive" and citing uncertainty over financing. The online auction giant said the deal would impact its long-term growth and profitability, and considered operational risks and leadership structure of a combined entity. eBay's Board of Directors also cited GameStop's governance as a factor in rejecting the offer. The company's net profit rose to $418.4m in 2025, despite a fall in sales.