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Joseph Phua

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Singaporean entrepreneur
Joseph Phua
BornSingapore
Education
Occupations
Known forChairman of Turn Capital

Joseph Phua is a Singaporean-Taiwanese entrepreneur. He is the co-founder of the dating app Paktor and co-founder and chairman of the live streaming platform 17LIVE Group. He is also the founder of Next Apple News [zh] and chairman of the single family office Turn Capital.

Education

Phua attended Stern School of Business, New York University, majoring in Finance for his undergraduate degree. He obtained a master's degree in Business Administration from Booth School of Business, University of Chicago. After graduation, he worked at McKinsey & Company and Citibank.

Career

Phua is the founder of Paktor, a mobile dating app targeting Asia markets he launched in 2014. He was inspired by the dating app Tinder that he used while attending the University of Chicago in 2012.

In 2017, Phua merged Paktor with 17 Media, a live streaming platform founded by Jeffrey Huang, to form M17 Entertainment. After the merger, Phua became the CEO of M17 Entertainment. In 2020, he resigned as the CEO and assumed the role of chairman and the group was renamed 17LIVE Group. Phua is said to be 17LIVE's largest individual shareholder after the company went public on the Singapore Stock Exchange in 2023. In 2019, Phua was selected by Asian fashion media Tatler as a Generation T (Gen.T) award recipient.

In 2021, Phua's family investment office, Turn Capital, acquired the podcast platform SoundOn and merged it with the voice social service Goodnight. The same year, he also acquired Dapp Pocket and Cappuu of a Taiwanese blockchain company. The two companies, Dapp Pocket and Cappuu, were later merged into a retail blockchain finance platform Coinomo.

In September 2022, Phua founded Next Apple News [zh], an independent news platform in Taiwan.

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.

Personal life

Phua has one child with his wife, whom he met through the Paktor app.

References

  1. Singh, Pooja (2018-12-11). "The App That is Helping People in Asia Find Love, One Swipe At A Time". Entrepreneur. Retrieved 2023-05-20.
  2. "17LIVE founder launches news site following failed Apple Online bid - Focus Taiwan". Focus Taiwan - CNA English News. 30 August 2022. Retrieved 2023-05-20.
  3. ^ Abudheen K, Sainul. "Joseph Phua's Turn Capital acquires Dapp Pocket to create SEA-focused retail crypto exchange". e27. Retrieved 2023-05-20.
  4. "We discuss podcasts and audio-entertainment with Joseph Phua from Turn Capital". Tech Collective. 2021-03-16. Retrieved 2023-05-20.
  5. ^ Sabina (2021-08-19). "首次創業遇上危機，卻沒想過放棄 Chicago Booth Joseph：不留後路，才能持續思考及成長". Sabina Huang (in Chinese (Taiwan)). Retrieved 2023-05-20.
  6. Edmund, Simons (2014-12-22). "Interview With Paktor Founder Joseph Phua, Looking To Build Asia's IAC - Global Dating Insights". Retrieved 2023-05-20.
  7. ^ Holliday, Katie (2014-08-29). "Singapore entrepreneur turns heartache into cash". CNBC. Retrieved 2023-05-20.
  8. "Ministry urged to foil Apple Online deal - Taipei Times". www.taipeitimes.com. 2022-06-29. Retrieved 2023-05-20.
  9. Wei, Chong Seow (March 10, 2020). "M17 Entertainment Group's Joseph Phua On The Lessons That Shaped His Leadership Approach". Tatler Asia. Retrieved 2024-04-02.
  10. Ellis, Jack (18 June 2019). "M17's ill-fated IPO: CEO reveals all". Tech in Asia. Retrieved 2024-04-02.
  11. Russell, Jon (2017-04-26). "Paktor, a major rival to Tinder in Asia, moves into live-streaming via merger deal". TechCrunch. Retrieved 2023-05-20.
  12. Cordon, Miguel (17 August 2020). "M17 co-founder Joseph Phua steps down as group CEO". Tech in Asia. Retrieved 2023-05-20.
  13. Chew, Ryan (2022-04-19). "Evie Zhang wants to demystify crypto with OMO". The Peak Magazine. Retrieved 2023-05-20.
  14. "17LIVE GROUP REAPPOINTS CO-FOUNDER JOSEPH PHUA AS CEO AND EXECUTIVE CHAIRMAN". 17LIVE. 2024-01-26. Retrieved 2024-04-02.
  15. "M17 Entertainment Limited changes its name to 17LIVE Inc. with new logo". 17LIVE. 2020-10-28. Retrieved 2024-04-02.
  16. 壹蘋新聞網 (2023-10-02). "17LIVE將在新加坡上市！交易市值273億 龍丞宣布投資亞洲新創15億｜壹蘋新聞網". Nextapple (in Chinese). Retrieved 2023-10-31.
  17. "VTAC to combine with livestreaming operator 17Live at S$1.2 billion valuation". www.businesstimes.com.sg. 2 October 2023. Retrieved 2023-11-01.
  18. "Joseph Phua | Generation T". 2022-09-09. Archived from the original on 2022-09-09. Retrieved 2023-05-20.
  19. "Kollective Ventures and Joseph Phua's family office acquire SoundOn, a Taiwanese startup with 35M monthly podcast downloads｜Meet Global". meet-global.bnext.com.tw. Retrieved 2023-05-20.
  20. "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 2023-05-20.
  21. "Turn Capital Acquires Blockchain Startup Dapp Pocket". Enterprise IT News. 2021-05-19. Retrieved 2023-05-20.
  22. "Joseph Phua's Turn Capital acquires Dapp Pocket to create SEA-focused retail crypto exchange". news.nestia.com. Retrieved 2023-05-20.
  23. Strong, Matthew (2022-08-30). "Singapore businessman launches new Next Apple news network in Taiwan | Taiwan News | 2022-08-30 14:50:00". Taiwan News. Retrieved 2023-05-20.
  24. Xiung, Chong Jinn. "M17 Founder Joseph Phua Launches Next Apple News in Taiwan". Tatler Asia. Retrieved 2023-05-20.
  25. "Taiwan student awarded first 'Phua and Chang Family Scholarship'". Asia Post. 2021-11-12. Retrieved 2023-05-20.
  26. "How An App From Southeast Asia Is Helping People Find Love Online". Forbes. Retrieved 2023-05-20.
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