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Indonesian agritech EFishery cuts 90% of jobs, report says - MSNInvesting.com -- EFishery Pte, an Indonesian agritech firm, is in the process of eliminating more than 1,000 jobs, which is roughly 90% of its workforce, Bloomberg reported on Thursday.
Investigators hired by the board of eFishery Pte. have determined the Indonesian startup is in far worse shape than they previously thought, and that investors are likely to get back less than 10 ...
An adviser probing the alleged accounting fraud at Indonesian agritech company eFishery recommended that investors make a decision on whether to liquidate or restructure the firm as soon as this ...
The SoftBank-backed eFishery seems to have faked hundreds of millions of dollars in sales.
(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.Most Read from ...
Indonesian aquaculture tech startup, eFishery, said on Tuesday that it has appointed business advisory firm FTI Consulting to act as its new management following allegations of misconduct ...
Tech startup eFishery appoints new interim CEO and CFO amid an investigation into alleged embezzlement by co-founders Gibran Huzaifah and Chrisna Aditya.
Burning through investor money is often considered a justified strategy by tech start-ups to demonstrate impressive growth metrics.
EFishery, which deploys feeders to fish and shrimp farmers in Indonesia, was a darling of the nation’s start-up scene and scored a valuation of US$1.4 billion when G42, an AI firm controlled by ...
Indonesian aquaculture tech startup, eFishery, said on Tuesday that it has appointed business advisory firm FTI Consulting to act as its new management following allegations of misconduct ...
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