Which of the following companies have the same stakeholders with opay?
Question: Which of the following companies have the same stakeholders with opay?
OPay is a leading mobile payment platform in Nigeria that offers a variety of services such as money transfer, bill payment, food delivery, ride-hailing, and more. OPay is backed by some of the most prominent investors in the world, such as Sequoia Capital China, IDG Capital, Source Code Capital, GSR Ventures, Opera, and Meituan.
But OPay is not the only company that has received funding from these investors. In fact, some of them have invested in multiple companies that operate in similar or related sectors as OPay. Here are some examples of such companies:
Opera: Opera is a web browser company that owns OPay and also operates other products such as OList, OBus, and OLeads. Opera is also an investor in StarMaker, a social media platform for music lovers, and OKash, a micro-lending service.
Meituan: Meituan is a Chinese e-commerce platform that offers services such as food delivery, travel booking, and bike-sharing. Meituan is also an investor in Swiggy, an Indian food delivery company, and Mobike, a bike-sharing company that operates in China and other countries.
Sequoia Capital China: Sequoia Capital China is one of the most influential venture capital firms in China that has invested in many successful startups such as Alibaba, ByteDance, Didi Chuxing, and JD.com. Sequoia Capital China is also an investor in PalmPay, a mobile payment platform that competes with OPay in Nigeria, and Kuda Bank, a digital-only bank that operates in Nigeria and the UK.
IDG Capital: IDG Capital is another prominent venture capital firm in China that has invested in companies such as Bilibili, Pinduoduo, Xiaomi, and Zhihu. IDG Capital is also an investor in Flutterwave, a payment technology company that provides solutions for businesses across Africa, and FairMoney, a digital lending platform that operates in Nigeria and India.
Source Code Capital: Source Code Capital is a Chinese venture capital firm that focuses on investing in internet-related sectors such as e-commerce, social media, fintech, and artificial intelligence. Source Code Capital is also an investor in Jumia, an African e-commerce platform that offers services such as online shopping, food delivery, and travel booking.
GSR Ventures: GSR Ventures is a venture capital firm that specializes in investing in early-stage technology companies in China and the US. GSR Ventures is also an investor in Cars45, an online platform that enables users to buy and sell used cars in Nigeria.
As you can see, OPay shares some of its stakeholders with other companies that operate in similar or related sectors as OPay. This means that OPay may face competition or collaboration from these companies in the future. It also means that OPay may benefit from the expertise and resources of these investors to grow its business and expand its services.
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