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kq4ym
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kq4ym,
User Rank: Light Sabre
2/19/2016 | 11:42:50 AM
Re: On paper, this could be dynamite
It was surprising to me that Opera was to be sought after by the Chinese consortium. But, with it's vast market there, and lots of venture money floating around, it probably does make some financial sense, or at least a reasonable gamble for the group.
danielcawrey
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danielcawrey,
User Rank: Light Sabre
2/11/2016 | 9:35:32 PM
Re: On paper, this could be dynamite
I would not have thought Opera was so valuable. It seems they make more money than say Firefox, with a hefty chunk in mobile. China is certainly a growing market, and that country is looking to beef up its technology investments because its market is so unique. I'll be following this closely. 
Ray@LR
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[email protected],
User Rank: Blogger
2/11/2016 | 5:55:27 AM
On paper, this could be dynamite
Companies with massive markets in China, and one with majority ownership of a popular dating app, take over a company that has a pedigree and experience in mobile device advertising and user engagement.... on paper this could be massive, especially in terms of the export of the apps and games devekoped by the new owners for the Chinese market and for Opera's expansion in China.

 

Getting it frmo 'on paper' into dollars and dimes, though, is a big leap. INteresting that the acqusition came as Opera started to experince a significant uptick in that advertising business - good timing for the buyers.


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