EBAY · eBay Inc.

eBay Inc. disclosed via press release on May 4, 2026, the receipt of an unsolicited, non-binding acquisition proposal from GameStop Corp., with no prior engagement between the companies. This development introduces a potential strategic transaction that could significantly impact shareholder value, prompting the eBay Board of Directors to conduct a thorough review in consultation with financial and legal advisors. The evaluation will prioritize the proposal's value to shareholders, particularly scrutinizing the GameStop stock consideration and GameStop's capacity to advance a binding offer. Investors should note the Board's explicit guidance to refrain from any action pending further assessment. eBay highlighted its robust standalone position, operating a scaled global marketplace serving 135 million buyers in 190 markets, underpinned by disciplined execution and innovation driving sustainable growth, as evidenced by full-year 2025 results and Q1 2026 earnings. The company intends to limit further commentary until the review concludes, underscoring a deliberate process to maximize long-term shareholder interests amid this unsolicited approach.