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Gamestop Raises $551 Million To Accelerate E-Commerce Push

Apr 27, 2021about 4 years ago

Amount Raised

$551 Million

Grapevine

Description

GameStop has raised $551 million through an equity offering as the videogame retailer accelerates its shift to e-commerce, sending its shares 15% higher in extended trading on Monday.

Company Information

Company

Game Stop

Location

Grapevine, Texas, United States

About

Shop at GameStop online at GameStop.com, via the GameStop app or in stores. Welcome to the world's largest retail gaming and trade-in destination. Find current gen and next-gen consoles, games and accessories for PlayStation, Xbox and Nintendo, along with a wide selection of gamer-centric apparel, collectibles & more.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech