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GameStop is worth about $10.7 billion. It wants to buy eBay for $56 billion. GameStop, led by Chewy co-founder Ryan Cohen, has a $20 billion debt financing commitment letter from TD Securities that would help pay for the eBay deal.
CHWY is ramping private labels like Chewy Made to boost margins, with higher-margin products and mix gains driving profitability and long-term growth potential.
Ryan Cohen's $12 billion meme stock wants to take over the online auction giant that is 4x its size.
Investors may have lost interest in Chewy after the pandemic, but they may want to pay attention again. Here's why.