17LIVE

PhillipCapital initiates ‘buy’ on 17LIVE with TP of $2.30 - THE EDGE SINGAPORE

Broker's Calls

PhillipCapital initiates ‘buy’ on 17LIVE with TP of $2.30

After declining for three years, the analysts expect revenue to stabilise this year and return to full-year growth in FY2025.

Startups, Entrepreneurs, Digital economy

Joseph Phua thrives on Turn-ing companies’ around

Phua highlights ongoing efforts to deploy capital and finalise “a few more deals” in the coming year.

kopi-C: the Company brew

17Live’s CEO: We will get ahead of TikTok

Phua believes that the company is ‘just at the starting point’
17LIVE and mm2 sign MOU to strengthen entertainment offerings across Asia - THE EDGE SINGAPORE

Company in the news

17LIVE and mm2 sign MOU to strengthen entertainment offerings across Asia

The MOU includes a potential JV focused on delivering high-quality live stream content via a platform co-owned by both companies.

Results

Sole Singapore despac entity 17LIVE widens FY2023 net loss to US$247.9 mil

Revenue for FY2023 stood at US$278.9 million, a decrease of 23.3% y-o-y as the company shifts its focus to higher margin revenues.

Company in the news

Paktor to prosper: The 17LIVE story

Currently, 17LIVE is the largest live-streaming platform in Japan and Taiwan.
17LIVE stays the course under founder Phua following CEO’s departure - THE EDGE SINGAPORE

Company in the news

17LIVE stays the course under founder Phua following CEO’s departure

The former CEO's departure was unexpected but "not a surprise", says co-founder and current CEO Joseph Phua.

Company in the news

17Live’s Joseph Phua takes back the helm as current CEO resigns

17Live's CEO resigns. Co-founder and ex-CEO to take over.

SPACs

What went wrong for 17Live?

17Live has its work cut out in trying to get some love from investors
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