Check out our top articles for the week. [Read from your browser]( Top Stories of the Week Welcome to Tech in Asia's free Sunday newsletter! Get full access to our subscribers-only premium content and other insightful analysis on the big and messy topics of Asiaâs tech and startup community by [registering here](. Hello {NAME} Recently, an investor who was traveling in Saudi Arabia told me that there was "exciting stuff happening there." Saudi Arabia is the biggest country within the Gulf Cooperation Council (GCC), which also counts Bahrain, Kuwait, Oman, Qatar, and the United Arab Emirates (UAE) as members. I've never been to any of these countries, and am looking forward to visiting Dubai, which is part of the UAE - and the GCC's main business hub - next year. The city is home to the Investment Corporation of Dubai, one of the investors featured in our visual story mapping Middle Eastern investments in Asian tech firms. State-backed investment houses like the Abu Dhabi Investment Authority and Mubadala, as well as Saudi Arabia's Public Investment Fund, have invested in a range of Asian tech, from established listed companies like Nintendo to IPO aspirants such as Lenskart. Geopolitical and social forces are likely to increase such flows of capital. Earlier this week, it was [reported]( that Dubai was setting up a new fund to invest domestically and internationally. We'll be closely watching - and hopefully reporting more - on this topic in the future. -- [Simon Huang]( journalist at Tech in Asia  --------------------------------------------------------------- TOP STORIES THIS WEEK 1ï¸. [Mapping Middle Eastern investors fueling Asian tech firms](
Factors driving rising investor interest from the UAE and Saudi Arabia include the energy transition and global geopolitics. 2. [Staff departures, write-offs at Temasek startups uncover deeper issues](
While GoodWorker has shuttered, Trustana and Affinidi have lost a large number of staff. 3. [TikTok Shop gets winning hand in Indonesia via Tokopedia mega deal](
Acquiring a 75% stake in Tokopedia puts TikTok Shop in a better position to dominate the country's ecommerce scene, analysts say. 4. [Legal woes, police reports trail woman linked to ex-Foodpanda CEOâs exit](
Multiple alleged victims have filed police reports and lawsuits against Rebekah Rankine for owed monies, stolen or damaged properties, and harassment. 5. [Thailand has untapped startup potential, BCG report says](
Despite having a GDP of over US$495 billion, Thailand is home to only 180 startups. Investors think that means the country has untapped potential. 6. [Is Singaporeâs LLM project timely or too late?](
The city-state wants to launch a regional large language model within the next two years. But some experts question whether the move will pay off. 7. [Shaking up alternative proteins: Can this SG startup turn red ink into green?](
Unlike other cultivated proteins, lactoferrin produced by TurtleTree has a much higher value, allowing it to reach profit quickly. 8. [Surviving the funding game: how timing can make or break your startup](
Industry realities, economic conditions, and market volatility can affect the time gap between funding rounds. 9. [Shein leapfrogged H&M, Gap, and Uniqlo in revenue](
While the Chinese company is just over a decade old, it has already outpaced some of the fashion world's biggest names by some metrics. 10. [Chaos at Mark Cuban-backed NFT startup after founders, directors lock legal horns](
While Mintableâs CEO and its board of directors have reached a settlement, the future remains uncertain for the Singapore-based NFT marketplace. --------------------------------------------------------------- IN PARTNERSHIP WITH Getting that perfect timing Getting the timing right is crucial to food delivery. If thereâs a long gap between when an order is ready and when it gets picked up, the food will be cold by the time it reaches the customer. However, sending riders to a restaurant too early is inefficient. To streamline this process, Grab gathers accurate data on how long it takes for riders to reach the restaurant and then pick up the order. The company is doing this by leveraging a technology weâre all familiar with: Bluetooth. By using Bluetooth beacons, the Nasdaq-listed firm can automatically track the arrival and departure of its driver-partners from restaurants. As a result, it gets precise data on food preparation times to optimize the experience for everyone. [Learn more]( about this on InsideGrab, the super appâs official blog. --------------------------------------------------------------- WHO'S HIRING Â
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