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Opera

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addons.opera.com

Overview

Opera is a Norwegian web browser developer known for its feature-rich browsers including built-in ad blocking, free VPN, and a battery saver mode. The company operates addons.opera.com as its official extension and wallpaper hub, bundled with the Opera browser ecosystem. Opera serves hundreds of millions of users globally across desktop and mobile platforms.

IndustryWeb Browser / Internet Software
Founded1995
HQOslo, Norway
Team Size1,000-2,000

By the Numbers

380M+
Monthly Active Users (Browser)
across all Opera browser products, as of 2023
100M+
Opera Mini MAU
mobile browser especially strong in Africa
200M+
Opera News MAU
news aggregation platform, self-reported 2022
Dozens of extensions
App Store / Extension Catalog
hosted on addons.opera.com
4.7/5
Ad Blocker Rating
from 1,360+ user reviews on addons.opera.com

Founders

Jon Stephenson von TetzchnerCo-Founder

Icelandic-Norwegian entrepreneur who co-founded Opera in 1995 while working at Telenor. He led Opera as CEO for many years before departing in 2011 to later found Vivaldi browser.

After leaving Opera, he founded Vivaldi Technologies in 2014, essentially competing with the company he helped create.

Geir IvarsøyCo-Founder

Norwegian software engineer who co-founded Opera alongside Jon von Tetzchner, originally as a research project at Telenor. He was instrumental in the technical architecture of the early Opera browser.

Opera began as an internal research project at Telenor in 1994 before spinning out as an independent company in 1995.

Funding

Public (NASDAQ: OPRA)
Last RoundIPO
Valuation~$1B (public market cap)
Kunlun TechBeijing Kunlun TechSequoia Capital China

Competitors

Google Chrome

Dominant market share browser backed by Google's ecosystem; lacks built-in VPN or ad blocker by default

Mozilla Firefox

Open-source, privacy-focused browser with a large extension ecosystem but no built-in VPN

Microsoft Edge

Chromium-based browser deeply integrated with Windows and Microsoft 365 services

Vivaldi

Highly customizable browser co-founded by Opera's former CEO, targeting power users

Brave

Privacy-first browser with built-in ad blocking and crypto rewards via BAT token

Key People

Yahui ZhouChairman of the Board

CEO of Kunlun Tech, the Chinese gaming and internet company that acquired a majority stake in Opera. He oversees Opera's strategic direction from the board level.

Song LinCEO

Has led Opera as CEO following the company's acquisition by a Chinese consortium. Focused on monetization and expansion in emerging markets.

Frode JacobsenCFO

Serves as Chief Financial Officer at Opera, overseeing financial reporting and investor relations for the NASDAQ-listed company.

Revenue & Model

$300M-$400M
Business ModelSearch revenue deals (Google, Yandex), display advertising, browser-based fintech, Opera News monetization
Headcount~1,500Stable
View pricing →

Hiring Signals

~40open rolesStable
Other
5
Product
8
Marketing
7
Engineering
20

Tech Stack

ChromiumBlink rendering engineV8 JavaScript engineC++JavaScriptGoogle AnalyticsNode.jsAWSCDN (Cloudflare)React

Notable Customers

General consumers in AfricaGeneral consumers in Southeast AsiaPower users / privacy-conscious desktop usersOpera News advertisers

Trackers & Analytics

1service detected
Analytics
Google Analytics (Universal, legacy)

Scanned from the HTML addons.opera.comserves — scripts a tag manager injects later won't appear here.

How They're Doing

Stable

Opera continues to operate as a publicly listed company on NASDAQ, maintaining a loyal user base particularly strong in emerging markets and among power users. The company has diversified into fintech in Africa and Asia through its OPay and Opay-related investments, and continues to update its browser with AI features. Revenue has been relatively stable with monetization via search deals and advertising.

Launched Opera One with redesigned UI and integrated AI (Aria) assistant in 2023

Continued expansion of Opera Mini and Opera News in African and Asian markets

Prognosis

Neutral

Opera faces an uphill battle against Chrome's overwhelming market dominance but has carved out a niche with privacy and built-in feature differentiation. The company's best growth opportunities lie in emerging markets and AI-powered browser features. Fintech and news aggregation diversification may provide additional revenue streams.

Opportunities

Integration of generative AI features (Aria/ChatGPT) to attract tech-savvy users

Growth in African and Asian markets via Opera Mini and Opera News

Expansion of built-in VPN and privacy tools as privacy concerns rise globally

Risks

Chrome and Edge continuing to dominate global browser market share

Regulatory scrutiny over Chinese ownership (Kunlun Tech) and data privacy

Declining desktop browser usage as mobile ecosystems consolidate

Recent News

2023-06

Opera launched Opera One, a redesigned browser with a modular UI and integrated Aria AI assistant powered by ChatGPT

Opera Blog

2023-04

Opera introduced native ChatGPT integration and AI prompts directly into the browser sidebar

The Verge

2022-11

Opera reported strong growth in Opera News and Opera Mini MAU in Africa, reaffirming emerging market strategy

Opera IR

2022-05

Opera GX gaming browser surpassed 20 million monthly active users

Opera Blog

Acquisitions

Skyfire2013
~$50M
AdColony2014
Undisclosed
BemobiPartial stake
Undisclosed

Controversies

2016

Opera sold to a Chinese consortium (Kunlun Tech-led) for $600M, raising concerns about data privacy and Chinese government access to user data.

2019

Hindenburg Research published a short-seller report accusing Opera's African lending apps of predatory loan practices and misleading disclosures, causing Opera's stock to drop sharply.

2020

Google removed several Opera-affiliated loan apps from the Play Store following investigations into abusive short-term lending practices in Africa.

Fun Facts

  • 01Opera invented the concept of browser tabs in the late 1990s, years before Firefox or IE adopted them.
  • 02Opera was the first major browser to introduce Speed Dial, a visual new-tab page of favorite sites.
  • 03The Opera GX browser is specifically designed for gamers and allows users to cap CPU and RAM usage to avoid impacting game performance.
  • 04Opera's co-founder Jon von Tetzchner once walked from Reykjavik to Malmö (over 600km) to fulfill a bet he made with his team about user growth.

Timeline

2023

Opera One launched with modular design and integrated Aria AI assistant

2021

Opera GX gaming browser surpassed 10 million users

2019

Hindenburg Research short-seller report triggered stock decline and scrutiny of African lending apps

2018

Opera listed on NASDAQ under ticker OPRA, raising $115M in IPO

2016

Opera sold to a Chinese consortium led by Kunlun Tech for approximately $600M

2013

Opera switched its rendering engine from Presto to Chromium/Blink

2000

Opera 4.0 launched with cross-platform support including Linux and Mac

1995

Opera Software spun out as an independent company in Oslo, Norway

1994

Opera started as a research project at Telenor by Jon von Tetzchner and Geir Ivarsøy