All I want for Christmas is a paid IOU

More: Temu is bringing Shein to court again while some startup funding deals have closed. [Read from your browser]( Daily Newsletter Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](.  --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - [The history of the former Foodpanda lead’s ex]( - The massive series E of an Indian B2B commerce firm - Other newsy highlights such as Temu’s latest lawsuit against Shein and the successful funding closes of an EV startup and a cybersecurity firm --------------------------------------------------------------- Hello {NAME} I’ve always been picky about who I choose to be close with. Don’t get me wrong: I’m not unfriendly, but I do put a lot of thought into who I consider to be part of my inner circle. This means that the number of friends has gotten kind of small over the years, but I don’t mind it. Quality over quantity holds for many things. Of course, it takes a while to know whether someone is a friend worth keeping. Unfortunately for several of those who associated themselves with Rebekah Rankine - the woman linked to the departure of Jakob Angele from Foodpanda as its CEO - that was enough time for things to go wrong. -- Winston  ---------------------------------------------------------------  THE BIG STORY [Legal woes, police reports trail woman linked to ex-Foodpanda CEO’s exit]( Multiple alleged victims have filed police reports and lawsuits against Rebekah Rankine for owed monies, stolen or damaged properties, and harassment. --------------------------------------------------------------- TRENDING NEWS [What it takes to build a successful education company in China]( For lifelong learning firm QSG, it’s all about having quality content and great service. [Indian unicorn Udaan bags $340m in series E money]( Udaan, which axed at least 300 employees just last month, is looking to hit profitability in the next 12 to 18 months. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [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. ---------------------------------------------------------------  IN PARTNERSHIP WITH Giving productivity a boost Grab’s driver-partners are a crucial part of the superapp’s ecosystem - without them, there’d be no Grab. Earnings are important for driver-partners, but consumers want affordable rates too - finding the right price point involves striking a delicate balance. To that end, Grab has rolled out new tools to help improve productivity for its driver-partners, allowing them to make the most out of their work with the Nasdaq-listed superapp. This includes features such as order batching, where delivery riders can fulfill multiple orders from customers close together for greater efficiency, as well as live location sharing, so that drivers can easily find passengers at crowded places with multiple pick-up points. These enhancements also benefit consumers: they improve reliability and ensure Grab’s services remain affordable. Learn more about how Grab is enhancing its driver-partners’ productivity [on its blog](. ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [The Future of MarTech: Trends Shaping 2024 and Beyond on January 16]( On January 16, senior marketing, product and growth leaders in Singapore are invited to kickstart the year at The Future of MarTech: Trends Shaping 2024 and Beyond, an executive roundtable and networking lunch. Limited to just 15 guests. [Full details & registration here!]( ---------------------------------------------------------------  PRESS PEEKS The following press releases were published as they were received, without any editing from the Tech in Asia team. You too can publish your own press release on Tech in Asia by simply filling in [this]( page](. Our team will get back to you by the next business day. - Frends - [Frends Appoints Vincent Ooi as New Head of APAC, Building on ASEAN Success]( Frends appoints Vincent Ooi as Head of APAC, expanding its European iPaaS reach in the region - GoTo Group - [GoTo becomes the first Indonesian public company to receive validation from the Science-Based Targets initiative on its net-zero target]( GoTo Group is the first Indonesian public company to have its greenhouse gas reduction targets validated by the Science Based Targets initiative (SBTi). The approved three targets which include reaching net-zero emissions by 2050. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Backend Engineer (Golang)]( at Jubelio Jakarta, Indonesia - [Business Development (Creative Services)]( at Boleh Dicoba Digital Jakarta, Indonesia - [IT Infrastructure Engineer]( at GTech Digital Asia Jakarta, Indonesia - [Account Executive]( at Redwoods Digital Tangerang, Indonesia - [Full-stack Web Application Developer]( at Scout.inc Indonesia Bulk Terminal, Indonesia - [Python Developer (English Speaker)]( at SIGMATECH Tangerang, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox. Tech in Asia thanks our partners for supporting our newsletters. Sponsorship has no influence on editorial content. Too many emails? Switch to a different frequency or get new content through our [preference center]( or [unsubscribe](. You can also break our hearts and remove yourself from all Tech in Asia emails over [here](  ---------------------------------------------------------------  Copyright © 2023 Tech in Asia, All rights reserved. 63 Robinson Road, Singapore 068894