GameStop Is ‘Coming for eBay One Way or Another,’ CEO Ryan Cohen Says

Watch on YouTube ↗  |  August 12, 2026 at 12:08  |  1:31  |  Bloomberg Markets
Speakers
Ryan Cohen — Chairman, GameStop

Summary

GameStop CEO Ryan Cohen discusses the company's plan to maximize shareholder value by cutting costs and expanding into live commerce and a digital marketplace. He highlights record earnings with fewer stores and refuses to detail proprietary strategy. In the closing seconds, he tells Bloomberg's Ed Ludlow that GameStop 'is coming for eBay one way or another,' signaling aggressive competitive intent.

  • Cohen states his goal is to make GameStop much more profitable and to maximize shareholder value.
  • GameStop recently reported its highest earnings in history while operating a fraction of its previous store count.
  • Near-term growth areas include cutting costs, live commerce, and building an in-game digital marketplace.
  • Cohen declines to share proprietary details, saying it would be unwise to reveal plans to competitors.
  • When asked about raising the eBay offer, he says GameStop is 'coming for eBay one way or another,' but won't call his shots.
  • The comments signal a strong commitment to challenging eBay's business, potentially through acquisition or direct competition.
Ideas
Ryan Cohen Chairman, GameStop 0:00
GameStop's profit-maximizing plan boosts stock appeal.
GameStop is restructuring to maximize profitability and shareholder value by cutting costs and pursuing growth in live commerce and an in-game digital marketplace. The company just reported its highest earnings in history with a fraction of the stores, demonstrating the effectiveness of the plan. This aggressive focus on shareholder returns and new revenue streams makes the stock attractive.
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This Bloomberg Markets video, published August 12, 2026, features Ryan Cohen discussing GME. 1 trade idea extracted by AI with direction and confidence scoring.

Speakers: Ryan Cohen  · Tickers: GME