[JAKARTA] Employees of Indonesia’s aquaculture startup eFishery have pushed back against allegations of systematic fraud within the company, staging a protest on Thursday (Jan 23) to demand ...

Aquaculture technology company eFishery is undergoing an internal investigation, following allegations the company manipulated its revenue and profit figures, sources familiar with the matter told ...

EFishery Pte, one of Indonesia’s most prominent start-ups, may have inflated its revenue and profit over several years, according to an internal investigation triggered by a whistle-blower’s ...

That would mean more than 75% of the reported figures were fake, the report said. EFishery, which deploys feeders to fish and shrimp farmers in Indonesia, was a darling of the nation’s startup scene ...

While eFishery said it had more than 400,000 fish feeders in operation, initial investigations estimate it had only about 24,000. Internal books show retained losses at roughly US$152 million from ...

EFishery, which deploys feeders to fish and shrimp farmers in Indonesia, was a darling of the nation’s startup scene and scored a valuation of $1.4 billion when G42, an AI firm controlled by ...

EFishery Pte, one of Indonesia’s most prominent startups, may have inflated its revenue and profit over several years, according to an internal investigation triggered by a whistleblower’s ...

A darling of the nation’s startup scene, eFishery, which deploys feeders to fish and shrimp farmers in Indonesia, scored a valuation of US$1.4 billion when G42, an AI firm controlled by United Arab ...