> In 2016, Opera was acquired by an investment group led by a Chinese consortium.[7] On July 27, 2018, Opera Limited went public on the Nasdaq stock exchange, raising $115 million in its initial public offering.[8] Opera is a subsidiary of Kunlun Tech Co., Ltd., and controlled by Zhou Yahui.[9]
So they bought it, and then they sold some of it (that's what an IPO is).
What's important here is the last sentence with 'controlled by', which is in practice more important than ownership.
> In 2016, Opera was acquired by an investment group led by a Chinese consortium.[7] On July 27, 2018, Opera Limited went public on the Nasdaq stock exchange, raising $115 million in its initial public offering.[8] Opera is a subsidiary of Kunlun Tech Co., Ltd., and controlled by Zhou Yahui.[9]
So they bought it, and then they sold some of it (that's what an IPO is).
What's important here is the last sentence with 'controlled by', which is in practice more important than ownership.