Архив метки: Opera Mini

Browser maker Opera has filed to go public

Norway-based company Opera Ltd. has filed for an initial public offering in the U.S. According to its F-1 document, the company plans to raise up to $115 million.
In 2017, Opera generated $128.9 million in operating revenue, which led to a net income of $6.1 million.
While many people are already familiar with the web browser Opera, the company itself has had a tumultuous history. Opera shareholders separated the company into two different entities — the browser maker and the adtech operations.
The advertising company is now called Otello. And a consortium of Chinese companies acquired the web browser, the consumer products and the Opera brand. That second part is the one that is going public in the U.S.
Opera currently manages a web browser for desktop computers and a handful of web browsers for mobile phones. On Android, you can download Opera, Opera Mini and Opera Touch. On iOS, you’ll only find Opera Mini. More recently, the company launched a standalone Opera News app.
Overall, Opera currently has around 182 million monthly active users across its mobile products, 57.4 million monthly active users for its desktop browser and 90.2 million users for Opera News in its browsers and standalone app. There’s some overlap across those user bases.
More interestingly, Opera only makes money through three revenue sources. The main one is a deal with two search engines. Yandex is the default search engine in Russia, and Google is the default search engine in the rest of the world. As the company’s user base grows, partners pay more money to remain the default search engine.
“A small number of business partners contribute a significant portion of our revenues,” the company writes in its F-1 document. “In 2017, our top two largest business partners in aggregate contributed approximately 56.1% of our operating revenue, with Google and Yandex accounting for 43.2% and 12.9% of our operating revenue, respectively.”
The rest is ads and licensing deals. You may have noticed that Opera’s speed dial is pre-populated with websites by default, such as Booking.com or eBay. Those are advertising partners. Some phone manufacturers and telecom companies also pre-install Opera browsers on their devices. The company is getting some revenue from that too.
The browser market is highly competitive and Opera is facing tech giants such as Google, Apple and Microsoft. At the same time, people spend so much time in their browser that there is probably enough room for a small browser company like Opera. The company will be listed on NASDAQ under the symbol OPRA.

Browser maker Opera has filed to go public

Новая Opera Mini для iPhone и iPad: обновленный интерфейс, режим Turbo и темы

Opera Software выпустила восьмую версию популярного мобильного бесплатного браузера Opera Mini для iPhone и iPad. Фирменная технология компрессии Opera, сжимающая веб-странички вплоть 90%, к счастью, осталась на месте.
Новая Opera Mini для iPhone и iPad: обновленный интерфейс, режим Turbo и темы

Opera Q2: Sales Up 32% To $52.1M; Mobile Surges, Desktop Flat, Google Deal Stays Put

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Opera Software, the Norway-based internet browser company, today reported Q2 2012 earnings that solidified the company’s strength in mobile, and ongoing weakness in desktop usage in the face of competition from Google’s Chrome and Microsoft’s Internet Explorer browsers: revenues were $52.1 million, up 32% on Q1 2011 and just about beating analyst expectations of $51.5 million. Within that, revenue from mobile consumers was up 168%, while desktop consumers were flat. Net income has dropped to $4.1 million from $5.1 million a year ago.

And while we still are hearing no more news on this rumored deal with Facebook, Opera had other (less exciting) news about another partnership with a Silicon Valley giant: it has extended its partnership with Google for it to continue being the default search option on both Opera’s mobile and desktop browsers.

Opera says it now has 200 million people using its mobile browser, a rise of 47% compared to Q2 a year ago. The company, which has in the past boasted about being the most popular mobile browser, has more recently seen competition from both Android and Apple’s iOS Safari browser. Among smartphones, is now in third position at 19% of the market, says StatCounter.

It comes as no surprise, then, that Opera wants to build on its mobile position through partnerships with the likes of mobile carriers. That initiative is seeing mixed results. Opera says users of its white-label carrier browser, plus those who co-brand with Opera Mini, now number at 39.8 million, growth of 145%, but revenues in that business were actually down by 24% to $10.4 million, with carrier licensing revenues up by only 3% to $9.2 million.

Opera has been signing deals with operators in less developed markets — deals with VimpleCom (Russia), America Movil (Latin America) and Airtel (India) together open Opera’s market potential to another 600 million users — so the idea perhaps is that even if Opera is making less money on these deals in the short term, they will benefit in the long run. In any case, operator deals is an area that Opera says it will continue to pursue.

In desktop, subscriber takeup remained flat. It stands at 55 million at the moment. Interestingly, Opera seems to be monetizing them slightly better (largely through advertising): sales were at $15.7 million, up 22% over last year. The company is not at all giving up on this space, it says: the emphasis looking ahead will be trying to build up browser usage in Russia/CIS, where it happens to already have some traction with consumers as an  alternative browser to Chrome and IE. At the moment, worldwide, Opera has less than 2% of desktop browser share.

Advertising — where Opera has made a number of acquisitions such as Mobile Theory and 4th Screen (Feb 2012) and AdMarvel (Jan 2010) — is proving to be an increasingly significant part of Opera’s business mix. Revenues in this area were up by 450% to $13.5 million, partly as a result of this inorganic growth. Impressions on its advertising network are not growing proportionately. They were up 92% on last year to 102 billion. That implies Opera is doing a better job monetizing that ad growth.

“Opera expects to generate meaningfully more revenue from this business in 2012 compared to 2011, as Opera ramps up revenue directly from advertisers and ad agencies via its mobile advertising network subsidiaries, Mobile Theory and 4th Screen Advertising, and capitalizes on AdMarvel’s strong position with premium USA publishers,” the company noted today.

Google default search deal. This is not a new partnership, but rather an extension, to 2014, of a relationship that has been in place since 2009, the company noted in a statement. Under the terms of the agreement, Google will remain in place as the default search option across all of Opera’s products globally — Opera Desktop, Opera Mobile and Opera Mini.

Financial terms of the agreement were not disclosed but Opera notes that it also includes “promotion of various Google products and services.” That looks like it may already be kicking off: in its quarterly results statement, Opera points out that one of its chief aims in the quarters ahead is to push its position as a browser on Android devices. If successful, that may impact Google’s browser share in the emerging markets where Opera does best — but that might be a tradeoff worth making: Google could still end up picking up more Android users, who would still be bringing in search traffic through the Opera browser partnership.


Opera Q2: Sales Up 32% To $52.1M; Mobile Surges, Desktop Flat, Google Deal Stays Put

As Facebook Rumors Swirl, Opera Plays Up Its Social Cred In New Opera Mini 7 Browser For ‘Basic’ Phones

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Talk about coincidence. Just earlier this week, in a post on Facebook and the possibility of buying web browsing company Opera and facial recognition company Face.com, we highlighted how a new version of Opera Mini would feature much stronger social integration — specifically aimed at the feature phone segment — both key points for Facebook. Today, Opera came good with a full release of that Opera Mini browser, Opera Mini 7 (but still has no official comment on those acquisition reports).

As expected, the new browser is aimed not at Apple and Android-based smartphones but more “basic” devices — specifically those built on Java ME, Nokia’s S60 and BlackBerry (yes, Opera categorizes RIM’s smartphone as basic). Opera is using the release to incorporate some new, key social features on a new Smart Page to increase the time spent by users on its own pages and in its browser.

The Smart Page contains several new features that are all about social browsing. For starters, it provides a one-page summary of news from a user’s Facebook and Twitter feeds, directly from the home page of the browser. Other features include links to a user’s most-visited sites; links to relevant content based on your browsing history; and suggestions for news sites to follow with the option of adding those to the Smart Page as well. The Smart Page will now also include other features Opera has long been using in past versions of its Opera browser such as Speed Dial shortcuts.

An Opera spokesperson declined to make any comment to me on the Facebook acquisition reports, but if there is even a shred of truth to them, a launch of a product like this plays right into Facebook’s hand.

Not only is the browser much more socially integrated, but it is aimed very much at the wider market of non-smartphone users, the kind used by the majority of people in developing markets, and still widely in use in mature markets, too. This is still a growing area for Facebook and a crucial one to get right as it looks to keep growing while at the same time make money out of those traditionally low-cost users.

Opera has been trialling this new version of Opera Mini since February. Opera Mini is the company’s most popular product, with 168 million monthly users and some 3,000 phone models supported. Overall the company has 250 million monthly users of its products, which also include Opera Mobile and a  browser for desktop computers.

Opera has long touted its data technology, which it says compresses pages in such a way that they load faster and take up less of your data allowance — Opera says it can compress page data by up to 90 percent.

The new launch of Opera Mini 7 fits into this concept: users need to browse less pages to get all the data they need. And given that it’s designed for phones that have little buttons and typically smaller screens, anything that minimizes navigation should be welcome.

On Opera’s side, of course, putting all this into its browser means people will spend more time there and less time going elsewhere. (Sound familiar, Facebook?)

Curiously, it looks like the germination of this product may have come straight from the top ranks, with the CEO Lars Boilesen noting his frustrations with his own (feature?) phone: “I’ve spent hours typing web addresses on my mobile phone, but now there’s a super smart way to get most of your content at a glance,” he said in a statement.


As Facebook Rumors Swirl, Opera Plays Up Its Social Cred In New Opera Mini 7 Browser For ‘Basic’ Phones

Opera Mini Now Has 169 Million Users, 56% Of Them Only Use The Mobile Web

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On the desktop, Opera‘s browser is only a minor player compared to Internet Explorer, Firefox, Chrome and Safari, but as a mobile browser, Opera competes head-to-head with Apple and Google. Worldwide, depending on which statistics you believe, it is either just ahead of the competition or a close runner-up. In developing countries, Opera is generally far ahead of the competition. According to an interesting new white paper by Opera, in which the company took a look at how its users around the world actually use the browser, it’s hard to underestimate the importance of mobile browsing in developing countries.

The study, which was conducted between November 2010 and November 2011, found that globally, 56% of Opera users and 43% of those who use another browser only access the Internet via their mobile devices. In some countries, including Egypt (72%), Bangladesh (69%), Brazil (65%) and South Africa (61%), these numbers for Opera users are significantly higher. At first glance, these numbers look very high. Given that traditional wired Internet access in many of these countries is rather limited, though, mobile phones are often the easiest and cheapest way to get online for many of these users.

This being an Opera report (so take this data with a grain of salt), the company also compared what its users do on the mobile web to users who use other browsers. The company, for example, found that its users are 35% more likely to purchase music and games via their mobile devices than those who use another browser. In most countries, Opera users are also younger, better educated and report higher satisfaction with their mobile Internet experiences. According to the report, these users are also “eight percentage points more likely than average to spend more than an hour online in one session and 12 percentage points more likely than non-Opera users.”

As for Opera itself, the company also today announced that it now has 168.8 million Opera Mini users (up 64% from March 2011). These users viewed over 117 billion pages. That’s up 96% from last year and up 8.1% compared to February 2012. In total, Opera Mini users generated over 1,918 million MB of data worldwide.


Opera Mini Now Has 169 Million Users, 56% Of Them Only Use The Mobile Web