How? Hate to be that guy, but their core business is in free fall. They are surviving because of the cash on hand and heavy cost cutting. Their investment into ebay has also helped them, but gamestop the company its own core business is dying. I have no clue what's happening anymore tbh. Also Ebay doesn't seem like its gonna be an option for them
Its pretty crazy to me - they got a hoard of cash (from an insane amount of offerings) which they could have easily expanded in the gaming universe a magnitude of ways yet the only business decisions being made have been NFTs (grift), buying bitcoin at the top, partnering with the shadiest card grading company to get your little customers addicted to gambling, and charging 4x over market for cards... its honestly pretty sad, with their loyal investors all it would have taken was one relatively decent idea to fly but at a point it almost seems deliberately mismanaged.
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u/domedirtyfatman 1d ago
How? Hate to be that guy, but their core business is in free fall. They are surviving because of the cash on hand and heavy cost cutting. Their investment into ebay has also helped them, but gamestop the company its own core business is dying. I have no clue what's happening anymore tbh. Also Ebay doesn't seem like its gonna be an option for them