eBay is competing for online shoppers' attention this month with the launch of its new “Summer Brand Outlet” and a two-week “Hot Deals for Hot Days” event as Amazon launches its two-day Prime event.
GameStop launches a $56 billion bid for eBay, with CEO Ryan Cohen outlining plans to cut costs and position the platform as a rival to Amazon.
GameStop has offered to buy ecommerce giant eBay for $55.5 billion, a tie-up that the video game retailer’s boss believes could produce a “legit competitor” to Amazon.
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