Easy man Stelios to float cybercafes
QXL still knocking down the price it'll pay for Ricardo
Stelios Haji-Ioannou - the owner of a chain of cybercafes among other Easy things - is looking to float EasyEverything next year, according to the Guardian.
The dotcom business is valued at £100 million and could have as many as 20 cybercafes by the end of the year. Stelios is set to float his low-cost airline, EasyJet, in the autumn.
QXL.com wants to cut between 15 and 25 per cent off the price it offered to buy German auction house Ricardo.com, today'sFT
reports. Ricardo is reported to have resisted the offer, and a decision of whether or not the deal will go through is expected today or tomorrow.
US online grocer Streamline.com has warned it might shut down if it doesn’t raise funding within weeks.
PAs control around £5,000 per year of their companies' budgets totalling £2 billion across the UK. DeskDemon.com aims to cash in on this with its site, a kind of administrative and secretarial portal.
The company has raised £1 million in first round funding from private investors, and plans to make its money from advertising and recruitment services.
VNU has sold its stake in Internet business directory Scoot.com to the UK arm of Scoot and French group Vivendi. The 75 per cent stake was sold for E47 million. The Dutch publisher had originally intended to sell its holdings in 25 per cent chunks over the next three years, but last week found a full sale more to its taste. ®
For more dotcom financial titbits, check out Cash Register.