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EFishery Backers to Weigh Liquidation, Buyout Among Options Troubled startup fighting for its life after fraud allegations Adviser urging investors to decide as soon as this month ...
The fallen startup, whose financial backers include SoftBank Group Corp. and Singapore’s Temasek Holdings Pte., had been a star of Indonesia’s startup scene. eFishery was valued at $1.4 ...
(Bloomberg) -- EFishery Pte is eliminating more than 1,000 jobs, or about 90% of the workforce, as the Indonesian agritech company suspected of fraud weighs a potential liquidation. The cuts began ...
ech startup eFishery has appointed new leaders amid an ongoing investigation into alleged embezzlement by its co-founders Gibran Huzaifah and Chrisna Aditya. Gibran and Chrisna have both stepped ...
SINGAPORE – One of Indonesia’s most prominent start-ups, eFishery, may have inflated its revenue and profit over several years, according to an internal investigation triggered by a whistle ...
ndonesian aquaculture start-up eFishery is embroiled in a new financial scandal, as a whistleblower’s allegations prompted an internal investigation suggesting that the company inflated its ...
SoftBank, Temasek Among eFishery Investors Facing Near Wipeout Startup’s backers likely to recover under 10% of investments Indonesian firm allegedly misrepresented financials for years ...
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