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Comment on Qihoo 360, Kulun Enter $1.2B Buyout Bid For Opera by Jkmuf Ntk.rjdf
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Comments for TechNode
Opera still trails behind Alphabet’s Chrome, Alibaba-backed UC Web and Apple’s Safari in the global mobile browser market, with a share of roughly 10 percent.
In the face of stiff competition Opera has focussed on data compression to target their mobile browser to emerging markets where bandwidth is limited.
China has a large untapped mobile market as well as an extensive pool of low-budget smartphone consumers.
Qihoo has been seeking to extend their mobile search business, which is currently ranked second behind Baidu.
Qihoo’s mobile search business has lagged in recent quarters, paralleling a general leveling in mobile search among their competitors.
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