https://techcrunch.com/2019/07/29/softbank-pumps-2b-into-indonesia-through-new-grab-investment-putting-it-head-to-head-with-gojek/

Grab — the on-demand transportation app that is the Uber of Southeast Asia — today announced yet another investment on top of the $7 billion that it has raised to date. SoftBank is putting another $2 billion into the business, earmarked for a specific use: Grab is going to invest $2 billion into its operations in Indonesia — the biggest economy in Southeast Asia — over the next five years.

Specifically, it will be using the money to modernise the country’s transportation infrastructure with the development of an electronic vehicle “ecosystem”, new geo-mapping solutions, and the establishment of a second headquarters for Grab in Jakarta focused on R&D for Indonesia and the wider region, to sit alongside its existing HQ in Singapore.