Particle Data Platform
World Business Report

GameStop wants eBay for $56bn

5/4/20269 min

Video game retail chain GameStop has made a surprise $56bn bid to take over the online marketplace eBay. GameStop’s CEO says he plans to create a competitor to Amazon.

Also, the US military says it’s started guiding ships through the Strait of Hormuz as part of President Donald Trump’s “Project Freedom”.

And steel boss Lakshmi Mittal and vaccine maker Adar Poonawalla have bought a majority stake in Indian Premier League cricket team the Rajasthan Royals for about $1.65bn

Presenter: Bisi Adebayo

Producers: Niamh McDermott and Barbara George

Clips

Skepticism Over GameStop Bid
Lives On The Line At Sea
When Open Seas Turn Deadly
Fertilizer Shock, Food Price Lag
Higher Oil, Wider Fallout Ahead
Jury Still Out On Deal

Transcript preview

First 90 seconds

  1. Speaker 00:00

    This BBC podcast is supported by ads outside the UK. [chime] Today's episode is sponsored by Smart Travel, a podcast from NerdWallet. You know that one friend who always finds the best travel deals, picks the right credit cards, and somehow ends up in first class for the price of coach? Smart Travel is like that friend, but in podcast form. NerdWallet's travel journalists sort out what's worth paying for, from lounge access to travel advisors to hotel loyalty programs. Make your travel dollars work harder. Follow Smart Travel on your favorite podcast app.

  2. Bisi Adebayo· Host0:34

    [chime] [upbeat music] GameStop has made a surprise bid to buy eBay, but what's behind it? It's World Business Express from the BBC World Service. I am Bisi Adebayo. The US says it has started guiding stranded ships through the Strait of Hormuz, and a billion-dollar deal shows just how valuable cricket has become in India.

  3. Bill Denning· Guest0:59

    This whole time it was right there on eBay.

  4. Speaker 01:06

    Millions of finds, each with a story.

  5. Speaker 3· Soundbite1:09

    Today I'm here to talk about trading in your old consoles, games, and accessories to GameStop.

  6. Bisi Adebayo· Host1:14

    Well, that's eBay, the online marketplace, and GameStop, the video game retailer. And now in a surprise move that's caught a lot of people off guard, GameStop has made an unsolicited $56 billion bid to buy eBay. So what's going on here? Bill Denning

We value your privacy

We use cookies to understand how you use our platform and to improve your experience. Click "Accept All" to consent, or "Decline non-essential" to opt out of non-essential cookies. Read our Privacy Policy.