Canva's new valuation | Appen's bitter pill from Google | Zip's return to profitability
What the Flux · Flux
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Show Notes
Canva is getting close to finalising a secondary share sale with a plan to sell off more than $2 billion in shares.
Appen, the ASX-listed AI company, has seen its share price tumble by nearly 40% after it lost its major contract with Google.
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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