It is said that SoftBank invests $ 2 billion in the firm Grab

SoftBank Group CEO Masayoshi Son said on Monday that the Japanese conglomerate would invest $ 2 billion in carrier giant Grab, Reuters reported.

It will also help Southeast Asia's new technology company build a second headquarters in Jakarta, Indonesia, according to the newspaper.

SoftBank and Grab did not immediately respond to CNBC's requests for comment.

In March, Grab announced that it had secured $ 1.46 billion in fresh funds from the SoftBank Vision Fund as part of an ongoing funding cycle, thanks to investments by automakers Toyota and Hyundai Motor, as well as the giant Microsoft technology, Ping An Capital in China and the United States. badet management company based in OppenheimerFunds.

It was not immediately obvious whether the last $ 2 billion investment was part of the previous amount announced in March.

Grab announced in June that it has secured US $ 300 million from Invesco Investment Management.

The start-up, valued at $ 14 billion, plans to raise about $ 6.5 billion of capital by the end of the year.

It all started with soaring, but over time, Grab introduced other services, including food and grocery delivery, mobile payment and microcredit to unbanked or under-employed people. financed in South-East Asia.

Grab executives have already spoken about the importance of the Indonesian market for society.