Canva doubles down on acquisitions amid software stock turmoil. The design platform has acquired motion graphics startup Cavalry and video advertising company MangoAI as Wall Street punishes software vendors over artificial intelligence concerns. Adobe, Canva's larger competitor, has plummeted 30% this year. Canva ended 2025 with over $4 billion in annualized revenue, up 36% year-over-year, demonstrating resilience in a volatile market. The company plans to integrate Cavalry's animation technology into its core product and Affinity application, while incorporating MangoAI into Canva Grow, its advertisement generator tool. This strategic expansion positions Canva to challenge Adobe's dominance in creative software as market dynamics shift rapidly.
