Canva hits $55 billion valuation

canva hits 55 billion valuation

Sumary of Canva hits $55 billion valuation:

  • Canva is said to be now worth more than $40 billion USD, which equates to $55 billion AUD, after selling around half of a per cent to private equity businesses, says Sky News Business Editor Ross Greenwood.
  • “They say they’re on track to maybe have a billion dollars annualised revenue this year,” Mr Greenwood said.
  • “The interesting part about this is whether they want to go to the stock market to capitalise because two founders own around a 30 per cent of this business.

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