Australian design software “unicorn” Canva will look to widen its revenue options by selling publishers and designers Netflix-style subscriptions for stock photographs and images.
The adjustment in strategy and direction comes as Canva announces the acquisition of two of the world’s biggest free stock content sites for undisclosed sums.
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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com
