Canva's new valuation | Appen's bitter pill from Google | Zip's return to profitability

Published: Jan. 23, 2024, 6 p.m.

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Canva is getting close to finalising a secondary share sale with a plan to sell off more than $2 billion in shares.

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Appen, the ASX-listed AI company, has seen its share price tumble by nearly 40% after it lost its major contract with Google.

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Zip Co. shares jumped 15% on the ASX after announcing it would be returning to profitability for the first time in three years.

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