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 ...

(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 ...

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 ...

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 ...

Indonesian aqua-tech start-up eFishery could be in far worse shape than investors had anticipated. Reports say that it is likely to recover less than 10 cents for every dollar it has invested.

SINGAPORE, Feb 4 (Reuters) - Indonesian aquaculture tech startup, eFishery, said on Tuesday that it has appointed business advisory firm FTI Consulting to act as its new management following ...

“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 ...

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 ...

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 ...