GameStop's Ryan Cohen Says He Plans On Bringing An Entrepreneurial Mindset To eBay And Building Something 'Much Larger'

GameStop Corp. (GME) CEO Ryan Cohen reportedly revealed that he intends to bring his entrepreneurial mindset to turn eBay Inc. (EBAY) into a much larger business if the company is successful in its acquisition bid for the e-commerce giant.

During an interview with CNBC, Cohen stated that he plans to leverage GameStop’s infrastructure and focus on collectibles to turn eBay into a much larger business.

“eBay has the second largest commerce franchise and there is a big opportunity to do something much larger and pull costs out of the system as well as accelerate revenue growth,” Cohen said, after GameStop proposed to acquire eBay for $125 per share, valuing the deal at $56 billion.

eBay shares were up nearly 10% in Monday’s pre-market trade, while GameStop shares were down about 3%. EBAY and GME were among the top trending tickers on Stocktwits at the time of writing.

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