Canva-backer cuts valuation by 30% | Stake's new $50m | Google, YouTube struggling in 2022
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One of Canva’s most recent investors has slashed the value of its investment in Canva by 30% - after a major drop in the share price of other tech companies.
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Stake, the Aussie share trading app, brought home $50 million in fresh funding…which it has very promptly added to its war chest.
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Google’s parent, Alphabet, has reported weak earnings and revenue, as YouTube showed particularly weak results.
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