Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Indonesian startup eFishery faces shutdown due to over $500M losses and financial misrepresentation.

flag Indonesian startup eFishery, which provides feeders to fish and shrimp farmers, is in severe financial trouble with losses over $500 million since 2018. flag Investors, including SoftBank, may recover less than 10 cents for each dollar invested, as the company misrepresented its financials. flag FTI Consulting advises shutting down most of the business, suggesting it's no longer commercially viable.

7 Articles