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WeWork giving away $20 million in cash to other startups

  Bloomberg Unlike most startups, WeWork Cos. doesn’t seem to struggle with raising money. Soon it’ll start spreading some of its cash around to smaller startups, partly in the hopes of luring them to become WeWork customers. The New York-based co-working giant said it’ll give away $20 million in cash prizes to entrepreneurs and small businesses in a series of ...

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Belgian-German chipmaker aims for $530mn IPO

  Bloomberg German-based chipmaker X-Fab Silicon Foundries SE expects to raise about 500 million euros ($530 million) via an initial public offering in order to fund its global production expansion. The company with headquarters in Erfurt, central Germany, said it intends to list shares on the Euronext Paris exchange in a primary offering of new shares worth 250 million euros ...

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EBay exports ‘Russia growth tactics’ to take on Amazon, Alibaba

  Bloomberg EBay Inc. is exporting a method to boost cross-border sales it pioneered in Russia to 120 territories, as the online marketplace seeks to recapture growth in the face of competition from Amazon and Alibaba. In many places, EBay still means domestic classifieds; Americans mostly sell to Americans, Britons mostly to UK customers. But a few years ago, EBay’s ...

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