WIX's Business Model
Wix.com Ltd., together with its subsidiaries, develops and markets a cloud-based platform that enables anyone to create a website or web application in North America, Europe, Latin America, Asia, and internationally. The company offers Wix Editor, a drag-and-drop visual development and website editing environment platform; Wix ADI that enables users to create a website for their specific needs; and Corvid by Wix to create websites and web applications. It also provides Ascend by Wix, which offers its users access to a suite of approximately 20 products or features enabling them to connect with their customers, automate their work, and grow their business; Wix Logo Maker that allows users to generate a logo using artificial intelligence; Wix Answers, a support infrastructure enabling its users to help their users across various channels; and Wix Payments, a payment platform, which helps its users receive payments from their users through their Wix Website. In addition, the company offers various vertical-specific applications that business owners use to operate various aspects of their business online. Further, it provides a range of complementary services, including App Market that offers its registered users the ability to install and uninstall a range of free and paid web applications; Wix Arena, an online marketplace that brings users seeking help in creating and managing a website, together with Web experts; and Wix App, a native mobile application, which enables users to manage their Websites and Wix operating systems. As of December 31, 2021, the company had approximately 222 million registered users and 6 million premium subscriptions. The company was formerly known as Wixpress Ltd. Wix.com Ltd. was incorporated in 2006 and is headquartered in Tel Aviv, Israel.
Sector & Industry | Technology / Software - Infrastructure |
Website | https://www.wix.com |
CEO (Chief Executive Officer) | Avishai Abrahami |
Number of Employees | |
IPO date | November 6, 2013 |
WIX Latest News
|
|
|
|
|
Contact | |
---|---|
Country | IL |
Address | 40 Namal Tel Aviv Street |
City | Tel Aviv |
State | None |
Phone | 972 3 545 4900 |
Zip Code | 6350671 |
Other Identifiers | |
CIK | 0001576789 |
ISIN | IL0011301780 |
CUSIP | M98068105 |
Open | 154.75 |
Previous Close | 155.95 |
Volume | 496.9 Thou. |
Average Volume | 890.7 Thou. |
Day’s Range | 150.2 – 156.5 |
52 Week Range | 137.94-247.11 |
MA (50) | 161.769 |
MA (200) | 184.83353 |
Market Cap | 8.48 Bil. |
Shares Out. | 55.67 Mil. |
Earnings Date | Aug 05, 2025 |
Beta | |
Last Dividend | |
EPS | |
PE | |
Industry Competitors for WIX
Company
|
PE Ratio | Market Cap |
---|---|---|
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|