
GameStop has made a $56bn bid to acquire eBay, aiming to compete with Amazon, while also discussing military operations in the Strait of Hormuz and a major sports investment in the Rajasthan Royals.
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
Explore listener stats, chart rankings, contacts and more on the World Business Report podcast page.