All articles tagged with #ebay
Even with Valve’s randomized pre-order lottery and account requirements, Steam Machines are already being scalped on eBay: the 512GB version is commonly listed around $1,500 and some listings reach $3,200, while the 2TB unit can fetch $2,500 and up. Shipments have begun, but demand and inflated prices persist as component costs rise and buyers worry about matching the pre-order with a Steam account.
Scalpers are already listing Steam Machine reservations on eBay for $2,700–$2,899, roughly 2–2.5x Valve's official price, before the June 29, 2026 ship date. The 2 TB versions are being sold around $1,349–$1,400, and some buyers have paid these inflated sums. With limited supply, the resale market is thriving, though building a high-end PC (~$2,000) offers markedly better performance.
After Valve began reservations for the Steam Machine, scalpers flooded eBay with inflated listings—512 GB units with the Steam Controller priced at about $1,700, with some as high as $3,200—well above Valve's $1,049.99 launch price. The scalping mirrors past hype around the Steam Deck, aided by limited supply and Valve’s lottery-style preorder. The Steam Machine sold out in Japan within 48 hours; Valve has a June 29 shipping estimate for the first batch, with no clear date for subsequent batches.
Zendaya sparked a viral moment at a Paris photo call for Spider-Man: Brand New Day by wearing a vintage oversized Spider-Man T-shirt that her stylist, Law Roach, reportedly bought on eBay for $34.99, underscoring a trend of sourcing high-fashion looks from resale sites.
GameStop CEO Ryan Cohen reportedly forfeits a $35 billion incentive tied to boosting the company's value to focus on pursuing an acquisition of eBay, a plan eBay has said is not credible or attractive. The move comes after Cohen’s leadership shift and while GameStop sees improved quarterly results, it has also shuttered stores and cut jobs, leaving investors wary amid ongoing stock volatility.
Ticket-sale disruptions for the Odyssey show pushed demand into secondary markets, with resellers on eBay listing tickets around $1,000 as fans struggled to secure seats through the primary sale.
GameStop reported its highest-ever quarterly profit of $389.6 million for fiscal Q1, with revenue of $835.3 million (up from $732.4 million a year earlier), as it continued aggressive cost-cutting and layoffs. The stock jumped over 7% in after-hours trading, and the company noted $9.7 billion in assets. CEO Ryan Cohen has floated financing to buy eBay, though eBay rejected the proposal, with hints at a possible shareholder bid; the firm no longer holds earnings calls. The report also mentions a Halo 3 tournament as a side note.
GameStop CEO Ryan Cohen earned $168,421.39 by selling his personal items on eBay for about a week, including a Halo 2 Master Chief statue that fetched $15,100. The stunt accompanied Cohen’s unsolicited bid for eBay, which GameStop rejected, and the total represents a tiny fraction of the proposed deal, with Cohen’s eBay profile briefly suspended due to high-price listings.
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.
eBay rejected GameStop’s $125-per-share takeover offer as neither credible nor attractive, but Morgan Stanley says the saga could continue through a higher bid, a shareholder proxy fight, or additional financing, with Stifel forecasting a response from Ryan Cohen; EBAY has risen about 24% year-to-date versus roughly 15% for GME.
eBay’s board rejected GameStop’s roughly $55.5–$56 billion proposal to acquire the company, saying the bid was neither credible nor attractive due to funding uncertainties, governance concerns, and questions about standalone value; GameStop’s shares dropped in premarket trading, and a twist that Cohen was reportedly selling GameStop gear on eBay to fund the bid highlighted the deal’s oddities as eBay pursues growth amid competition from Walmart, Amazon, and others.
eBay formally rejected GameStop's $56 billion proposal to acquire the marketplace, calling it not credible or attractive due to financing uncertainties, potential leverage and governance issues, and questions about how the deal would affect eBay's long-term growth and profitability. GameStop had claimed $20 billion in debt financing and could offer large stock options to Ryan Cohen if values rose, leaving room for a possible hostile attempt while GameStop continues to shutter stores to boost profitability.
eBay rejected GameStop’s $55.5 billion takeover offer as “neither credible nor attractive,” citing financing uncertainty and the leverage/operational risks of a merger. GameStop, which owns about 5% of eBay, offered $125 per share in cash and stock and argued its 1,600-location network could bolster eBay’s authentication and fulfillment, but the bid’s financing concerns and the gap in scale between the two companies led to the rejection; the offer followed GameStop’s meme-stock surge and GameStop did not immediately responds to comment.
eBay's board rejected GameStop's unsolicited bid of about $55.5 billion to acquire the company, calling the proposal not credible or attractive and flagging financing uncertainties, governance concerns, and potential impact on long-term growth; GameStop’s CEO has floated taking the bid to shareholders, signaling a possible hostile move.
eBay has rejected Ryan Cohen's unsolicited $55.5 billion bid for the company, saying the proposal is neither credible nor attractive and outlining six factors that informed the decision: standalone prospects, financing uncertainty, impact on long-term growth and profitability, leverage and governance risks of a combined entity, valuation implications, and GameStop’s governance and executive incentives. Cohen has indicated he will continue pursuing the deal. GameStop had proposed a cash-and-stock offer at $125 per share; market moves followed, and there was no immediate comment from GameStop.