SoftBank to invest $250 million in SE Asian taxi app firm GrabTaxi

Reuters News
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Posted: Dec 03, 2014 6:50 PM

TOKYO (Reuters) - Japanese mobile carrier SoftBank Corp said on Thursday it will invest $250 million in GrabTaxi, the largest mobile taxi booking app firm in Southeast Asia, to become its largest shareholder.

(Reporting by Edwina Gibbs; Editing by Chris Gallagher)