July 29, 2019 / 4:15 AM / 20 days ago

SoftBank Group CEO says to invest $2 bln in ride-hailing app Grab

JAKARTA, July 29 (Reuters) - Japan’s SoftBank Group Corp will invest $2 billion in ride-hailing app Grab, its chief executive, Masayoshi Son, told reporters in Jakarta on Monday.

SoftBank will also help the Southeast Asian technology company build a second headquarters in the Indonesian capital, Son said. (Reporting by Agustinus Beo Da Costa; Writing by Kanupriya Kapoor; Editing by Christopher Cushing)

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