Opera Ltd : Latest Analysis of Massively…

Introduction Opera Ltd, which is popular in Europe and Africa for its namesake PC and mobile browser with 350M+ monthly active users, offers a compelling value+growth proposition. Opera’s browser business, which had a run rate of $120M-$130M in 2016 and negative growth, was bought by the Chinese Consortium led by Yahui Zhou in 2016 for $600M. It was then listed in 2018 on Nasdaq as OPRA.

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