Tag: $eBay

GameStop  CEO Ryan Cohen is considering withdrawing the company’s $56 billion ​bid for eBay in favor of ‌a commercial partnership, Bloomberg News reported on Monday, citing people familiar with the matter.

EBay on Tuesday rejected GameStop’s $56 billion takeover proposal, calling the unsolicited bid “neither credible nor attractive.”

EBay shares surged by almost 8% in premarket U.S. trading Thursday after the e-commerce giant reported better-than-expected fourth-quarter results and announced plans to acquire fashion marketplace Depop from Etsy.

EBAY shares are gaining ground in late trading Tuesday after the online marketplace company posted fourth-quarter results that edged both guidance and Street estimates.