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CanvaValuation

Ex-Bukalapak CEO Willix Halim Leads Canva's ASEAN Expansion

What happened

Blackbird and Airtree lowered their valuation estimate for Canva to $34.9 billion.

Source

Article excerpt

JAKARTA - Canva has appointed Willix Halim, co-founder and former CEO of Bukalapak, as CEO for Southeast Asia to accelerate the business growth of the Australian design platform in the region. As cited by Straitstimes, Willix previously served as an advisor to Canva for about a year before joining full-time about three months ago. His experience in building technology companies in Indonesia is expected to help Canva expand market penetration and reach more users in Southeast Asia. Canva announced that the annual recurring revenue (ARR) of its business in Southeast Asia has increased by more than three times since 2022. Over the same period, the number of monthly active users has also more than doubled. Willix believes that the economic growth of Southeast Asian countries will continue to open up opportunities for Canva, even though each country exhibits different stages of economic development. "If gross domestic product (GDP) grows by 5% per year, people's disposable income also increases. This means people have the opportunity to spend more money, which will be an attractive opportunity for Canva in the next few years," Willix said. Canva has not released detailed revenue or user figures. However, the company highlighted the performance of several key markets and its investments in the region as growth drivers. Canva Chief Product Officer and co-founder Cameron Adams said...

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Extracted from this sentence

In August 2026, Blackbird and Airtree lowered their estimate of Canva's valuation to $34.9 billion, a 17% drop compared to the $42 billion valuation in 2025.

Extracted by Autobound

From the Signal API record
Event
Valuation

What this signalsA higher valuation often comes with plans to spend on growth.

Amount
$34.9B
Takes effect
Aug 1, 2026

The full record

From the Signal API record

Numbers

Amount (USD)
$34.9B

Extraction

Confidence
85%
Detected
Oct 13, 2026
signal_type
news
signal_subtype
has_valuation

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/d621f5a7-4f59-af90-7359-c1d6e5d96554 returns this record as JSON. POST /v1/companies/enrich returns every signal for canva.com.

{
  "signal_id": "d621f5a7-4f59-af90-7359-c1d6e5d96554",
  "signal_type": "news",
  "signal_subtype": "has_valuation",
  "detected_at": "2026-10-13T13:40:00+00:00",
  "company": {
    "name": "Canva",
    "domain": "canva.com"
  },
  "data": {
    "url": "https://www.idnfinancials.com/de/news/70210/ex-bukalapak-ceo-willix-halim-leitet-canva-expansion-in-asean",
    "title": "Ex-Bukalapak CEO Willix Halim Leads Canva's ASEAN Expansion - IDNFinancials",
    "excerpt": "JAKARTA - Canva has appointed Willix Halim, co-founder and former CEO of Bukalapak, as CEO for Southeast Asia to accelerate the business growth of the Australian design platform in the region. As cited by Straitstimes, Willix previously served as an advisor to Canva for about a year before joining full-time about three months ago. His experience in building technology companies in Indonesia is expected to help Canva expand market penetration and reach more users in Southeast Asia. Canva announced that the annual recurring revenue (ARR) of its business in Southeast Asia has increased by more than three times since 2022. Over the same period, the number of monthly active users has also more than doubled. Willix believes that the economic growth of Southeast Asian countries will continue to open up opportunities for Canva, even though each country exhibits different stages of economic development. \"If gross domestic product (GDP) grows by 5% per year, people's disposable income also increases. This means people have the opportunity to spend more money, which will be an attractive opportunity for Canva in the next few years,\" Willix said. Canva has not released detailed revenue or user figures. However, the company highlighted the performance of several key markets and its investments in the region as growth drivers. Canva Chief Product Officer and co-founder Cameron Adams said...",
    "summary": "Blackbird and Airtree lowered their valuation estimate for Canva to $34.9 billion.",
    "planning": false,
    "image_url": "https://photo2.idnfinancials.com/fly/idn/adhy-2026/Willix-Halim131026.jpg",
    "confidence": 0.85,
    "published_at": "2026-10-13T13:40:00Z",
    "effective_date": "2026-08-01",
    "article_sentence": "In August 2026, Blackbird and Airtree lowered their estimate of Canva's valuation to $34.9 billion, a 17% drop compared to the $42 billion valuation in 2025.",
    "amount_normalized": 34900000000
  }
}

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