[GameStop](https://click.linksynergy.com/deeplink?id=2bEJdar9NO4&mid=24348&murl=https://www.gamestop.com) is reportedly preparing an offer to acquire [eBay](https://ebay.us/Ll9CNP) in a move that would mark one of the most unexpected takeover attempts in recent retail and e-commerce history.

According to a report from The Wall Street Journal, the video game retailer has quietly been building a stake in eBay while exploring plans for a formal bid. Sources cited in the report said GameStop could make its move as soon as late May 2026. However, discussions remain ongoing, and no agreement has been reached.

The reported approach would be notable because of the size gap between the two companies. eBay remains significantly larger than GameStop by market value, making any takeover attempt a bold and complex transaction.

GameStop is said to have been accumulating eBay shares ahead of a possible offer, positioning itself to launch a bid within weeks. However, the situation is described as fluid, meaning plans could still change or fail to progress.

Investors reacted quickly to the news, with shares in both companies rising after the report was published. eBay’s stock saw the sharper gains, suggesting markets view the company as the likely beneficiary if a premium offer emerges.

If eBay’s board were to reject the proposal, GameStop could pursue a hostile route by taking the offer directly to shareholders. That strategy would bypass company leadership and seek investor backing to force negotiations or approval.

Neither company has publicly commented on the reported plans at the time of writing.

For GameStop, a successful deal would represent its most ambitious attempt yet to move beyond its traditional brick-and-mortar gaming business. In recent years, the company has tried to reshape its future through several initiatives, including the launch and later closure of an NFT marketplace, expanded trade-in services, and a stronger push into collectables.

Acquiring eBay would instantly give GameStop a far larger presence in online commerce, payments, second-hand goods and global marketplace operations. Whether such an ambitious bid can succeed remains uncertain, but the report alone has already placed both companies firmly in the spotlight.

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