In a few weeks, shareholders should vote on whether to wind down, restructure, or sell the company. Read more at straitstimes ...
SoftBank Group Corp. tumbled to a loss in the December quarter, weighed down by a drop in the value of the Vision Fund’s ...
This could have a chilling effect for, conservatively, 12 months, but probably longer,” Justin Hall of Golden Gate Ventures ...
The outcome was an extravagant valuation that had no connection to fundamentals. Even with its fabricated revenue, eFishery was trading at an EV/Sales ratio of two times. Agri-processors such as Japfa ...
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 month ...
SoftBank reported a $2.4 billion quarterly loss, driven by Vision Fund declines, while pursuing ambitious AI projects like ...
In the eFishery case, reported sales of 400,000 fish feeders versus the verified 24,000 should have been an instant red flag, ...
Indonesian agritech unicorn eFishery is under the scanner as an ongoing probe suggests that the company may have been committing misconduct, including fraud. Southeast Asia's startup ecosystem has ...