Canva Teams to significantly increase subscription prices: report

Canva, the popular graphic design platform, plans to significantly increase prices for its Teams subscriptions in 2024. The price hike, reportedly up to 300% for some users, follows the introduction of new AI features. In the US, annual costs for up to five users may rise from $120 to $500, with a 40% first-year discount offered. Australian users face even steeper increases. Canva justifies the change as aligning with its expanded capabilities, including new AI tools. The price adjustment primarily affects Teams users, not Pro or Enterprise plans.READ FULL