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SoftBank Group’s CEO says to invest $2 billion during the ride from the app to Grab

A FILE PHOTO of A Suit, a taxi drives on a street in Hanoi, Vietnam on October 29, 2018. REUTERS/Kham

JAKARTA (Reuters) – the japanese SoftBank Group Corp (9984.(T) is investing $ 2 billion into the ride from the app to Grab, and chief executive, Masayoshi Son, told reporters in Jakarta on Monday.

SoftBank will also help the South-east Asian technology companies, the construction of a new office in the Indonesian capital, which the Son said.

Reporting Agustinus Beo Da Costa; Writing by Kanupriya Kapoor; Editing by Christopher Cushing

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