Australian tech unicorn Canva acquires stock image providers Pexels, Pixabay

Melanie Perkins, co-founder and CEO, Canva

Australian online design and publishing platform Canva has acquired free stock image providers Pexels and Pixabay, giving users creating designs with the platform additional one million images, the company said in a statement.

Canva, which became a unicorn in February 2018 when it raised a $40-million round, also announced the launch of Photos Unlimited, a subscription model for affordable paid stock photography. The model is similar to the Netflix-style of subscription.

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