Investing.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. The ...

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 ...

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 ...

Founded in 2013, eFishery seeks to provide a marketplace for fish and shrimp feed and financing for producers. The company also serves as a platform for business-to-business sales of fresh fish ...

“We are fully aware of the gravity of the market speculation, and we take this matter with the utmost seriousness,” eFishery said in an e-mail. “We remain dedicated to upholding the highest ...

nionized workers from Bandung-based aquaculture technology start-up PT Multidaya Teknologi Nusantara (eFishery) staged a demonstration on Thursday in the West Java city to protest the company’s ...

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 ...

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 ...

Investigators hired by the board of eFishery 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 cents ...