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

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Reuters TOKYO
Last Updated : Dec 04 2014 | 5:40 AM IST

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)

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First Published: Dec 04 2014 | 5:28 AM IST

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