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 ...

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 ...

SINGAPORE (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 allegations of ...

It has been a short week in most of the markets in Asia with the Lunar New Year holiday. But amid the preparations, tech markets were roiled by revelations that a hitherto under-the-radar Chinese ...

[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 ...

Fishery develops end-to-end technology for fish farmers, from internet-connected smart feeders to a mobile app where farmers can sell their harvest. Shrimp in particular is quite high in protein, and ...