Japan’s Quan invests in Thailand’s mobile game startup Magic Box Asia



Tokyo-based Quan, the Japanese startup behind mobile apps like MyStickerShop and Lounge, announced today that it has invested in Bangkok-based game startup Magic Box Asia.

Magic Box Asia was founded by Vincent Setiwan, co-founder of Bangkok’s co-working space Launchpad and the co-founder of Japanese anime creation crowdfunding site Anipipo. The company provides a smartphone game platform and app localization service for the Southeast Asian region with an emphasis on the Thai market.

Since its launch in 2011, Quan has launched smartphone app MyStickerShop in partnership with Thailand’s leading telco AIS, as well as developed the Japanese versions of popular mobile games from Thai developers such as Kiragames, PocketPlayLab, and PromptNow. The company fundraised an undisclosed sum from Japanese e-commerce giant Netprice.com and investment company East Ventures in 2012.

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