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Singapore ride-hailing company confirmed that it received from , bringing its Series H to $4.5 billion, said. This deal has been a long time coming – as it was back in December by TechCrunch, and brings the company鈥檚 total funding up to $7.5 billion.

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This announcement comes days after its Indonesian rival, raised $100 million as part of an ongoing Series F. So far, Go-Jek鈥檚 series F is totaling up to $1.2 billion, according to .

In the table below, we show the many tranches of Grab鈥檚 Series H round.

According to Grab CEO , Softbank鈥檚 involvement will help it give users more choice and convenience, and 鈥渆nhance income opportunities.鈥�

, a partner at Investment Advisers, says the investment will help Grab pursue 鈥渘ew opportunities across on-demand mobility, delivery and financial services as it continues to grow its offline-to-online platform across Southeast Asia.鈥�

While it started as a ride-hailing company, Grab also grew to include food and parcel delivery, bike and car rentals, and payments. It also from just Singapore to Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Thailand, and Vietnam.

Back in December, 附近上门 Reporter Savannah Dowling tracked Grab鈥檚 seemingly never-ending Series H. All within the same round, the company got money from a range of companies: automakers like . and . Also involved were big tech players like . Before SoftBank, the company鈥檚 most recent infusion of cash came from Yamaha Motor Co. – an investment of $150 million.

Notably, this round will be used to invest more heavily in Indonesia,said. It doesn鈥檛 hurt that Grab鈥檚 top competitor,is based in Indonesia. 聽As we鈥檝e reported previously, Go-Jek started off as a motorcycle hailing application and then included services like grocery and pharmacy delivery. Like Grab, it鈥檚 expanding in Southeast Asia.

In the meantime, Grab says its Indonesian business revenue more than doubled in 2018. 聽 it holds 60 percent of the two-wheel market and 70 percent of the four-wheel market on Go-Jek鈥檚 home turf.

that despite this new cash, the round isn鈥檛 over until it says it鈥檚 over. So with $4.5 billion and counting, we鈥檒l keep our eyes on Grab (and rival Go-Jek) to see who becomes Southeast Asia鈥檚 next 鈥淲eChat鈥� first.

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