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Euronews
Euronews
Quirino Mealha

GameStop launches $56 billion takeover bid for e-commerce giant eBay

eBay GameStop Ryan Cohen

The American gaming retailer GameStop has formally proposed a $56 billion (€47.8bn) acquisition of eBay, a move that would represent one of the most significant consolidations in the history of the digital retail sector.

According to financial filings released on Monday, the proposal seeks to integrate the retailer's physical footprint with eBay’s digital auction infrastructure to dominate the circular economy.

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