Friday
January 24
2025

Indonesia’s eFishery Unicorn Allegedly Faked Most of Its Sales – Report

eFishery, one of Indonesia’s most prominent startups backed by SoftBank and Temasek, may have inflated its revenue and profit over several years, according to an internal investigation triggered by a whistleblower’s claim about the company’s accounting, Bloomberg reported on Wednesday.

Photo courtesy of Tom Fisk.

Source: TNGlobal (link opens in a new window)

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Agriculture
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startups