Fancy Said to Mull Possible $1 Billion Web Retailer Sale

Fancy, a customer-curated Web retailer, has been holding discussions to sell itself for about $1 billion after struggling to raise financing, according to people familiar with the matter.

The startup has held talks with EBay Inc., said the people, who asked not to be identified because the process is private. The status of those talks is unclear. Fancy had been working to raise a round of financing at a valuation of around $1.2 billion, Bloomberg News reported in June.