efishery
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EFishery ex-CEO’s sentence cut to six years on appeal
EFishery, an Indonesian aquaculture technology startup, had drawn attention after it raised US$200 million and reached a US$1.4 billion valuation.
Malaysia’s KWAP seeks to recover $40m from eFishery
KWAP said its 2.51% stake made it a minority shareholder, alongside other institutional investors affected by the misconduct.
Asia layoff tracker: Lazada cuts 5% of regional workforce
Tech firms are dismissing staff to stay afloat as headwinds hit Asia. This layoff tracker is keeping tabs on marching orders.
Indonesia’s tech at a legal crossroads
Inside Indonesia’s Nadiem Makarim case and Gibran Huzaifah’s sentencing, and what they mean for investors and founders.
EFishery founder gets 9 years over $300m fraud case
The court also fined Huzaifah 1 billion rupiah (US$58,000) and gave him seven days to appeal.
In AI investing, it’s speed vs. patience
Backers are racing to spot early AI winners as nearly every company claims the label. Speed matters, but so does patience.
EFishery founder faces 10-year jail in fraud case
Prosecutors also seek a US$58,000 fine for Gibran Huzaifah.
Tech in Asia’s most-read stories of 2025
From eFishery’s fallout to AI’s growing cracks, these were the stories Southeast Asia couldn’t look away from in 2025.
Indonesian IoT DyCodeX founder denies role in eFishery fraud case
Andri Yadi said he was not a director at eFishery, but served as vice president overseeing AIoT product development after DycodeX’s acquisition.



