Sydney’s Canva now worth more than Rio Tinto

Melanie Perkins’ Sydney headquartered Canva is now worth $US40 billion ($A54.6b), putting her and co-founder Cliff Obrecht’s combined wealth at $A16.38 billion. The valuation comes after the company raised $US200 million ($273m) in yet another funding round, making it the fifth most valuable private company in the world behind TikTok owner Bytedance ($140b), space company…

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