News

2013.09.17
CyberAgent Ventures, Inc. invests in Priceza Co., Ltd. Thailand’s leading price comparison service

CyberAgent Ventures, Inc. (HQ: Tokyo, President & CEO: Soichi Tajima), a venture capital arm of CyberAgent, Inc. (HQ: Tokyo, President & CEO: Susumu Fujita, TSE Mothers: 4751) announces to invest into Priceza Co., Ltd. (HQ: Bangkok, Thailand, CEO: Thanawat Malabuppha), a Thailand-based startup which operates www.Priceza.com – Thailand’s leading price comparison service with about 3.8 million visitors per month as of August 2013.
 
In addition to Thailand, since May 2013 Priceza has launched its service to Indonesia market as well at www.priceza.co.id, and after 3 months it has over 100,000 visitors per month as of August 2013.
 
The investment is CyberAgent Ventures’ first footprint in Thailand and demonstrates our strong belief in the prospects of the Thai e-commerce industry as well as other Internet industries. CyberAgent Ventures will leverage various resources of the whole CyberAgent Group throughout Asia to greatly accelerate the growth rate of Priceza.
 
CyberAgent Ventures, Inc. has been strongly expanding our footprint in South East Asian market. The investment noted above is made from CA Asia Internet Fund I, L.P. – a fund specialized in South East Asian market.
 
 
■Company Profile of Priceza Co., Ltd.
Company Name    : PRICEZA CO., LTD.
Address         : 819 Chai-Wara Building, 1st Floor, Room101, Soi Gingchan(Soodprasert4), Soodprasert Road, Bangklo, Bangkorlaem,Bangkok Thailand 10120
Established     : June 2011
President & CEO : Thanawat Malabuppha
URL             : http://www.priceza.com (Thailand market)
URL             : http://www.priceza.co.id (Indonesia market)
iOS application : https://itunes.apple.com/hk/app/priceza.com/id496863481?mt=8
Android application : https://play.google.com/store/apps/details?id=com.cgmatic&hl=en
 
■Company Profile of CyberAgent Ventures
Company Name     : CYBERAGENT VENTURES, INC.
Address          : Akasaka DS bldg 3F, 8-5-26 Akasaka, Minato-ku, Tokyo, 107-0052 JAPAN
Established      : April 3, 2006
Capital          : JPY 360 Million
President & CEO  : Soichi Tajima
URL              : http://cyberagentventures.com/en/
 
■For further information, please contact
CYBERAGENT VENTURES, INC.
Head of Vietnam and Thailand: Mr. Nguyen Manh Dung
Tel: +84-12-8687-8768

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