Chinese mobile companies look to expand with Opera deal

February 23, 2016  | Subscribers Only

Jack Kent Jack Kent Director, Media and Advertising
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Norway-based mobile browser, app, and advertising company Opera recommends shareholders accept $1.2bn takeover offer. Chinese consortium including Qihoo and Kunlun Tech will aim to cross promote services internationally and in China.
Chinese companies are ramping up their investments in Western mobile companies with Tencent and Alibaba leading the way. Western companies need local partners to expand in China and Chinese companies are looking for international expansion.

Highlights:

  • Opera board recommends shareholders accept $1.2bn takeover offer
  • Chinese consortium includes Qihoo, Kunlun Tech and Silk Road investment firm
  • Chinese companies ramp up investments in Western companies
  • Opera reports strong mobile advertising growth in 2015

In this report:

  • Opera board recommends shareholders accept $1.2bn takeover offer
  • Chinese consortium includes Qihoo, Kunlun Tech and Silk Road investment firm
  • Chinese companies ramp up investments in Western companies
  • Opera reports strong mobile advertising growth in 2015

List of tables and charts:

  • Opera annual revenues ($m)
  • Opera revenues by category ($m)
  • Qihoo international investments and partners
  • Tencent internatonal investments
  • Alibaba international investments
  • Opera acquisitions
  • Opera mobile adveritinsg revenues
  • USA, China, Japan, UK - mobile content spend per capita
  • Notable Opera M&A activity

Number of pages:  9

Number of tables and charts:  9


 

Jack Kent

Director, Media and Advertising

Jack Kent leads IHS Markit’s Media and Advertising research, heading up a team of analysts covering Games, Cinema, TV Channels & Programming, Home Entertainment and Advertising research.

Geography
China Norway UK USA
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