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.

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 company as soon as this ...

Yet, as the recent financial troubles at eFishery, KoinWorks and Bukalapak demonstrate, many Indonesian tech start-ups are built on precarious foundations, reminiscent of houses constructed on sand.

Beleaguered Indonesian aquatech unicorn eFishery, which has raised multi-million-dollar funding rounds from investors such as Abu Dhabi’s 42XFund, Malaysia’s KWAP, Switzerland’s responsAbility, ...

[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 ...

Indonesian startup EFishery Pte, a $1.4 billion company backed by SoftBank Group and Temasek Holdings, has allegedly been faking the majority of its sales for years, according to an internal ...

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 ...

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 claim about ...