Top backer of Dubai app Fetchr warns startup faces liquidation

Fetchr was valued at almost $300m in a 2017 fundraising round

Arabtec Holding

Arabtec confirms filing for bankruptcy in Dubai Court

The bankruptcy judge decided to appoint a panel consisting of seven experts to examine the application

How liquidation doesn’t always augur failure

In view of the current economic climate, business owners keen to consolidate and reduce overheads may look to liquidate