FILE PHOTO: A GameStop Inc. store is shown in Encinitas, California, U.S., May 24, 2017. REUTERS/Mike Blake

November 17, 2020

(Reuters) – One of GameStop Corp’s <GME.N> largest shareholders, Ryan Cohen, in a letter on Monday urged the videogame retailer to immediately conduct a strategic review of its business.

“GameStop needs to evolve into a technology company that delights gamers and delivers exceptional digital experiences – not remain a video game retailer that overprioritizes its brick-and-mortar footprint and stumbles around the online ecosystem,” Cohen said in a letter addressed to the company’s board.

(Reporting by Eva Mathews in Bengaluru; Editing by Krishna Chandra Eluri)

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