Danny Yeung

Co-founder, CEO and chairman, Prenetics

Tatler Asia
Danny Yeung

Danny Yeung continues to revolutionise health science with Prenetics and its fast-growing wellness brand, IM8

Since 2014, Danny Yeung has been transforming healthcare with Prenetics, one of the world’s largest genetic testing companies, which has since pivoted to the vital work of producing Covid-19 testing kits. From the US, he started working as a telemarketer aged 15, but his first foray into entrepreneurship was franchising Hong Kong dessert chain Hui Lau Shan in the US, after which he ran a hospitality furniture company in Macau. He then founded group buying website Ubuyibuy, only to sell it to Groupon after just six months.

Prenetics has been his biggest success thus far. First, it launched CircleDNA, which sells affordable at-home test kits that detect disease risk, food sensitivities, personality and behavioural traits, allowing people to take their health into their own hands. Then, in April 2020, it rolled out Project Screen by Circle, a cheap Covid test that produces results in 16 to 24 hours, following it up with an RT-Lamp test that returns results in less than an hour, and that was famously adopted in football’s English Premier League. The company has been a financial high-flyer from the outset, and became Hong Kong’s first listed unicorn when it debuted on Nasdaq in 2022.

In 2023, he launched Insighta, a joint venture with scientist Dennis Lo. Insighta, which aims to revolutionise early detection of multi-cancer, is backed by US$100 million funding [more than HK$780 million] from Prenetics; it eventually sold to Chinese tech giant Tencent in 2026. In 2024, Yeung also announced a partnership between Prenetics and football legend, entrepreneur and philanthropist Sir David Beckham. Prenetics and Beckham were co-founding partners of IM8, a health and wellness brand, which offers health supplements.

Impacted Industries


  • Healthcare & Sciences

Did You Know?


Danny Yeung’s first full time job was for an internet start-up aged 18, during which time he also attended community college at night.

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Credits


Photography: Alex Maeland