OPRA Opera Limited ADS

Opera News sets a new record with 200 million users

Opera News sets a new record with 200 million users

  • Users grew 28% year-over-year driven by increased engagement from the Opera News Hub platform and light version of the app

OSLO, Norway, June 09, 2020 (GLOBE NEWSWIRE) -- Opera (NASDAQ: OPRA), one of the world’s leading browser providers and platforms in the field of integrated AI-driven digital content, today announced that its Opera News service now has more than 200 million monthly active users in May, a 28 percent increase year over year.

“This is an important milestone for us. It clearly highlights our position as one of the largest AI-driven news platforms in the world, yet there is still a tremendous untapped potential for our unique news service, with more than a billion internet users in our key markets.” said Song Lin, COO of Opera.

The accelerating user growth for Opera News is mainly driven by three important factors: the expansion of Opera News Hub beyond Nigeria to Kenya, Ghana, Côte d’Ivoire, South Africa and Egypt;  the launch of Opera News Lite, a downsized version of the Opera News application that enables people with new ways to access the Opera News service; and Opera News became a critical information source during the Coronavirus outbreak across both Africa and South Asia.

Opera News is based on an AI platform which uses insights from Opera’s massive user base and relies on technologies including natural language processing, computer vision, and image understanding to process content, as well as machine learning technology to recommend personalized content to each individual user. It was launched in January 2017 as an integrated feature of  Opera’s mobile browsers.

The standalone Opera News app was launched a year later becoming the first news app developed with a focus on Africa and Southast Asia. Opera News Hub is an online editorial platform focused on empowering local content creation. It was initially launched in November 2019. Each day tens of thousands of content creators and journalists of the Opera News Hub work on and publish stories and videos that matter to their local audiences. This makes Opera News a unique platform relevant on each of the markets it is present in.

About Opera:

Opera is a global web innovator. Opera’s browsers, news products and fintech solutions are the trusted choice of more than 360 million people worldwide. Opera is headquartered in Oslo, Norway and listed on the NASDAQ stock exchange (OPRA).

Contact:

Alejandro Viquez

EN
09/06/2020

Underlying

OPRAOpera Limited ADS

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Opera Limited ADS

 PRESS RELEASE
Free
OPRA Opera Limited A...

Opera Limited to announce fourth quarter 2020 financial results on Feb...

Opera Limited to announce fourth quarter 2020 financial results on February 25, 2021 OSLO, Norway, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Opera Limited (NASDAQ: OPRA), one of the world’s major browser developers and a leading internet consumer brand, will report its fourth quarter and full year 2020 results before the market opens on Thursday, February 25th, 2021. Opera expects that both revenue and adjusted EBITDA will exceed the top end of fourth quarter guidance ranges. The quarterly report will be available on the investor relations section of the website at . Management will host a confe...

February 4, 2021 1 EN
 PRESS RELEASE
Free
OPRA Opera Limited A...

Opera fourth quarter revenue and adjusted EBITDA expected to exceed to...

Opera fourth quarter revenue and adjusted EBITDA expected to exceed top-end of guidance ranges Year-over-year search & advertising revenue growth rates exceeded fourth quarter expectations due to both PC user growth and stronger monetizationOpera planning to report fourth quarter and full-year 2020 results on February 25th OSLO, Norway, Jan. 11, 2021 (GLOBE NEWSWIRE) -- Opera Limited (NASDAQ: OPRA), one of the world’s major browser developers and a leading internet consumer brand, announced today it expects fourth quarter 2020 results to exceed the top-end of both its revenue and adju...

January 11, 2021 1 EN
 PRESS RELEASE
Free
OPRA Opera Limited A...

Opera Limited to participate at the 23rd Annual Needham Virtual Growth...

Opera Limited to participate at the 23rd Annual Needham Virtual Growth Conference OSLO, Norway, Jan. 05, 2021 (GLOBE NEWSWIRE) -- Opera Limited (NASDAQ: OPRA), one of the world’s major browser developers and a leading internet consumer brand, announced today that Frode Jacobsen, Chief Financial Officer, and Derrick Nueman, Vice President of Investor Relations, will present and host one-on-one investor meetings at the 23rd Annual Needham Virtual Growth Conference. Event Details: 23rd Annual Needham Virtual Growth ConferenceDate: Tuesday, January 12, 2021Virtual Fireside Chat: 12:30 p.m. ...

January 5, 2021 1 EN
 PRESS RELEASE
Free
OPRA Opera Limited A...

Opera PC users reach 80 million MAUs

Opera PC users reach 80 million MAUs Year-over-year growth rates accelerated to over 20% in December (from 10% in the third quarter)The Opera GX gaming browser grew to over 7 million gamers in December, up 3.5 times year-over-year OSLO, Norway, Dec. 30, 2020 (GLOBE NEWSWIRE) -- Opera Limited (NASDAQ: OPRA), one of the world’s major browser developers and a leading internet consumer brand, announced today that its PC user base has grown to 80 million monthly active users in December, representing accelerated year-over-year growth in excess of 20%. The strong user gains were driven by Oper...

December 30, 2020 1 EN
 PRESS RELEASE
Free
OPRA Opera Limited A...

Opera makes personal browsing on Android more fun with new WebSnap and...

Opera makes personal browsing on Android more fun with new WebSnap and smooth Media Player OSLO, Norway, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Today, Opera is releasing the new version of its flagship browser for Android. Version 61 of the Opera browser for Android introduces two new features WebSnap and a brand new and smooth media player. WebSnap is a new feature in the Opera browser for Android that allows users to capture snapshots. It gives them the ability to personalize every snapshot with a set of editing tools. Users can blur images, add text and colors, or add emojis from the uniqu...

December 7, 2020 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch