Bykea, which leads the ride-hailing market in Pakistan, has raised $13 million in a new financing round as the five-year-old startup looks to deepen its penetration in the South Asian country and become a “super app.” The startup’s new financing round, a Series B, was led by storied investment firm …
Read More »The 7 Retirement Investment Questions that Keep People Up at Night (and How to Rest Easy)
For those approaching retirement or already there, the question of how to invest our money to maximize returns while minimizing risk is at the heart of many of our financial concerns. With so much out of our control and so few clear answers, retirement investment questions can keep you up …
Read More »Manufacturing giant Foxconn is taking over SoftBank’s investment fund in Asia
Foxconn is taking over SoftBank’s Asia-based tech investment fund. The manufacturing giant, which is responsible for producing Apple’s iPhone among many other tech products, has agreed to buy a majority 54.5 percent stake in SoftBank Asia Capital in exchange for $600 million, according to a filing. The deal is scheduled to …
Read More »Here’s why you’re probably misusing this popular 401(k) investment
Instead of splitting your deferrals across all of the available funds in your plan, think about your approach toward investing: Are you a do-it-yourselfer who will research and monitor your chosen funds? Or do you prefer to be hands off? “If you don’t know what you want to do, then …
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