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Australian Software Giant Canva Inc. Eyes $37 Billion Valuation for Share Issuance
3 week ago /
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Author：小编
The Australian software powerhouse, Canva Inc., is contemplating issuing shares with a projected valuation of $37 billion. The company aims to sell shares amounting to between $400 million and $500 million. Canva, renowned for its free online design tools that cater to diverse content creation needs, boasts an annual revenue exceeding $3 billion. Moreover, the company recently acquired MagicBrief, a local AI-driven advertising analytics firm, in a strategic move to bolster its financial resources, fuel future growth, and fortify its competitive stance in the global market.
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