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 ...

EFishery Pte is eliminating more than 1,000 jobs, or about 90% of the workforce, as the Indonesian agritech company suspected ...

Once a start-up darling, the agritech firm, hit by fraud allegations, is cutting over 1,000 jobs. Read more at ...

EFishery was a darling of the nation’s start-up scene. Then a whistle-blower alleged that the company’s accounts weren’t accurate.

INDONESIAN aquatech unicorn eFishery is ramping up plans to axe employees as it struggles to manage the fallout from its ...

Unicorns are start-ups that reach a valuation of US$1 billion and are ... and we take this matter with the utmost seriousness,” eFishery said in an e-mail. “We remain dedicated to upholding ...

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 ...

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 ...

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 United ...