He is also the founder of Next Apple News [zh][2] and chairman of the single family office Turn Capital.

[3][4] Phua attended Stern School of Business, New York University, majoring in Finance for his undergraduate degree.

[6] Phua is the founder of Paktor, a mobile dating app targeting Asia markets he launched in 2014.

[7][9] In 2017, Phua merged Paktor with 17 Media, a live streaming platform founded by Jeffrey Huang, to form M17 Entertainment.

[18] In 2021, Phua's family investment office, Turn Capital, acquired the podcast platform SoundOn and merged it with the voice social service Goodnight.