Archive — Opera web browser

Opera: Phantom of the TurnaroundHindenburg Research

Screenshot of one of Opera's predatory loan apps from the Google Play store

If you still have the Opera web browser installed anywhere, now might be the time to stop.

With its browser business in decline, cash flow deteriorating (and balance sheet cash finding its way into management’s hands…), Opera has decided to embark on a dramatic business pivot: predatory short-term lending in Africa and Asia.

The article goes on to outline evidence of some seriously dodgy practices. What a sad end to the Opera story.

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