Fab buys ‘certain assets’ of French home decor site MyFab

This summer, e-commerce startup Fab cut about 100 people in its Berlin office, but now it looks like the company may be looking to expand its European presence once again. According to the French publication Le Journal du Net, Fab has acquired some assets of the French home decor site MyFab for a reported $4.3 million (or €3.1 million).  A Fab spokeswoman confirmed that it had acquired “certain assets” of MyFab but declined to comment further. Earlier this month, the startup, which has raised about $300 million, laid off about 20 percent of its work force.