Canva begins share sale at $42 billion valuation in road to IPO
Australian design software startup Canva has launched an employee stock sale. The company's valuation is now at $42 billion. This marks a significant increase. Investors like Fidelity and JPMorgan are participating. Canva is focusing on artificial intelligence. It aims to boost revenue and prepare for a potential IPO. Canva is competing with Adobe and Figma in the design space.
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