Posted 12/28/2023, 3:33:04 PM
Canva Surges to 170M Users with New AI Products Fueling Creativity and International Expansion
- Canva has seen rapid growth to over 170 million active users and $1.7 billion in annual recurring revenue
- The company has released new generative AI products over the past year to boost creativity
- Generative AI aligns with Canva's focus on content and international growth
- Top markets include the U.S., Brazil, India; high-growth markets are Indonesia and the Philippines
- Canva committed $200 million to pay creators who consent to their content training AI models