Aug 13, 2012

[Tech in Asia] Tokyo-based Messaging App Dev Quan Fundraises from and East Ventures

Quan Inc., a Tokyo-based startup known for having introduced the smartphone messaging app Lounge, announced today it had allocated new shares to Japan’s e-commerce giant and Singapore-/Tokyo-based investor East Ventures. 
With this fundraising, the startup intends to enhance features of the Lounge app and intensify further development of Sticker Maker, an iOS app allowing users to send their friends animated stickers via MMS. The Sticker Maker app reached top spot in the SNS category on the iTunes app store in Thailand with more than 100,000 active users. The Lounge app also got lots of attention from Thai consumers during the last several months as well. ...
Tech In Asia 8/2/2012 [en]

  • Group messaging application is one of the most competing and popular category recently in smartphone apps. LINE is definitely the leader in Japan. The company may focus on Sticker Maker rather than Lounge to avoid direct competition with LINE.

No comments:

Post a Comment