Alina Selyuk
๐ค SpeakerAppearances Over Time
Podcast Appearances
eBay says it received no notice or outreach before GameStop made its takeover bid.
And eBay as a company is about four times bigger than GameStop.
Still, in a statement, eBay says it will bring the proposal to its board for review.
In recent years, GameStop, under its CEO Ryan Cohen, has risen in profile as a darling of meme stock investors.
Cohen is the founder of bed goods company Chewy, and he had a prominent stake in Bed Bath & Beyond before its spiral into bankruptcy.
GameStop has recently built up a stake in eBay, which lately has been working to refresh itself.
eBay is trying to go after younger shoppers with trading cards and secondhand fashion.
In February, eBay said it's buying Depop, a popular secondhand clothing app.
Companies that paid President Trump's tariffs before they got struck down by the Supreme Court began to request refunds on April 20th.
Customs launched a special online process to file claims, and importers have submitted claims for tens of millions of shipments.
Roughly a third of those claims did not meet the technical requirements from U.S.
Importers can fix errors and refile.
The claims that did go through and made it past another layer of disqualifications cover roughly a fifth of the shipments that the government says are due for refunds.
That's as of Sunday or about a week into the process.
Court records suggest that refunds are already on the way for about 3% of the shipments.
Alina Selouk, NPR News, Washington.
Kind of, yes, just with a dizzying amount of paperwork and spreadsheets.