Cohen Dismisses eBay, Proposes Live Shopping Overhaul
TL;DR
GameStop CEO Ryan Cohen attacked eBay’s leadership after they rejected his $55 billion offer, calling the site “stuck in 1995” and accusing its bosses of protecting their own pay with perverse incentives. He argues cost cuts and a pivot to live shopping could make the platform more competitive, while skeptics like Michael Burry question the deal’s math; on Wall Street, EBAY receives a cautious Moderate Buy rating with limited upside amid the controversy.
- GameStop CEO Mocks eBay, Saying ‘It’s Run by a Bunch of Losers’ with ‘Perverse Financial Incentives’ TipRanks
- EBay rejects GameStop's $56 billion takeover bid, calling it 'neither credible nor attractive' CNBC
- GameStop CEO Ryan Cohen Wants eBay, Says He'll Do 'Whatever' It Takes Yahoo Finance
- GameStop CEO Ryan Cohen: eBay ‘Needs to Be on Ozempic—It’s Literally Obese’ WSJ
- Ryan Cohen Wants to Work at eBay Bloomberg.com
Want the full story? Read the original reporting
Read on TipRanks