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Joseph Phua
Singaporean entrepreneur From Wikipedia, the free encyclopedia
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Joseph Phua is a Singaporean-Taiwanese entrepreneur. He is the co-founder of the dating app Paktor[1] and co-founder and chairman of the live streaming platform 17LIVE Group. He is also the founder of Next Apple News[2] and chairman of the single family office Turn Capital.[3][4]
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Education
Phua attended Stern School of Business, New York University, majoring in Finance for his undergraduate degree.[5] He obtained a master's degree in Business Administration from Booth School of Business, University of Chicago.[5] After graduation, he worked at McKinsey & Company and Citibank.[6]
Career
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Phua is the founder of Paktor, a mobile dating app targeting Asia markets he launched in 2014.[7][8] He was inspired by the dating app Tinder that he used while attending the University of Chicago in 2012.[7][9]
In 2017, Phua merged Paktor with 17 Media, a live streaming platform founded by Jeffrey Huang, to form M17 Entertainment.[10] After the merger, Phua became the CEO of M17 Entertainment.[11] In 2020, he resigned as the CEO[12] and assumed the role of chairman and the group was renamed 17LIVE Group.[13][14][15] Phua is said to be 17LIVE's largest individual shareholder[16] after the company went public on the Singapore Stock Exchange in 2023.[17] In 2019, Phua was selected by Asian fashion media Tatler as a Generation T (Gen.T) award recipient.[18]
In 2021, Phua's family investment office, Turn Capital, acquired the podcast platform SoundOn and merged it with the voice social service Goodnight.[19] The same year, he also acquired Dapp Pocket and Cappuu of a Taiwanese blockchain company.[20][21] The two companies, Dapp Pocket and Cappuu, were later merged into a retail blockchain finance platform Coinomo.[22][3]
In September 2022, Phua founded Next Apple News,[23] an independent news platform in Taiwan.[24] In December 2024 it was announced that Turnsport had made a financial association with Kings Lynn Football Club who play in the National League North, the 7th tier of England's Football pyramid.
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Philanthropy
In 2021, Phua announced the establishment of the Phua and Chang Family Scholarship, a University of Chicago Booth School of Business endowment. The scholarship was first awarded to a student from Taiwan.[25]
Personal life
Phua has one child with his wife, whom he met through the Paktor app.[26]
References
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