Brazilian ride-sharing firm 99 received a $100 million investment from SoftBank, Japan’s Internet and telecommunications giant.

The company also raised US$100 million in January from Chinese ride-sharing firm Didi Chuxing, for a total of more than US$200 million — the largest investment round ever recorded by a Brazilian startup. Part of this investment is destined for 99CORP, the transportation solution for 99 company clients.

SoftBank is also a major investor in Didi Chuxing.

For both SoftBank and Didi Chuxing, investing in 99 is a major step in deepening their presence around the world, TechCrunch reported. Their support of 99 also makes Uber’s Latin American growth plans more complicated and represents another way that SoftBank and Didi Chuxing has thrown a wrench in their rival’s international strategy.

SoftBank will become a minority shareholder in the privately held 99, as Didi Chuxing did when it backed the startup in January, The New York Times reported.