Australia’s Canva Begins Share Sale at $42 Billion Valuation
- Canva has valued itself at $65 billion during an employee share sale, higher than Telstra, Woodside, and Woolworths.
- More than 240 million people use Canva’s products each month, according to Obrecht.
- Canva has been profitable for eight years, generating $US3.3 billion in annual revenue, as stated by Obrecht.
- Obrecht mentioned a possible 2026 stock exchange listing, marking a key moment in Australian technology history.
Insights by Ground AI
Does this summary seem wrong?
14 Articles
14 Articles
Australia’s Canva begins share sale at $42 billion valuation
Australian graphic design platform Canva launched an employee stock sale that values the company at $42 billion, it said on Wednesday, ahead of a reported IPO this year.Read MoreThe post Australia’s Canva begins share sale at $42 billion valuation first appeared on The Who Dat Daily.
·United Kingdom
Read Full ArticleCoverage Details
Total News Sources14
Leaning Left4Leaning Right1Center4Last UpdatedBias Distribution44% Left, 44% Center
Bias Distribution
- 44% of the sources lean Left, 44% of the sources are Center
44% Center
L 44%
C 44%
11%
Factuality
To view factuality data please Upgrade to Premium