Wix.com

Wix.com Ltd.
Company typePublic
NasdaqWIX
ISINIL0011301780
IndustryInternet
Founded2006; 18 years ago (2006)
Founders
  • Avishai Abrahami
  • Nadav Abrahami
  • Giora Kaplan
Headquarters
Tel Aviv
,
Israel
Number of locations
22 (2022)
List
Area served
Worldwide
Key people
Mark Tluszcz (chairman)
Avishai Abrahami (CEO)
ProductsOnline services for stores, bookings, hotels, events, restaurants, fitness, video, music, shoutout, answers, logo maker
ServicesWebsite builder, business management, web hosting service
RevenueIncrease US$1.562 billion (2023)
Negative increase US$−24.4 million (2023)
Increase US$33.14 million (2023)
Total assetsIncrease US$1.804 billion (2023)
Total equityNegative increase US$−54.5 million (2023)
OwnersBaillie Gifford (14.2%)
Starboard Value (9%)
BlackRock (4.7%)
Principal Global (4.3%)
Jackson Square Partners (4.3%)
Number of employees
4,600 (2023)
Subsidiaries
Websitewix.com
Footnotes / references
[1][2]
Wix's secondary headquarters, Tel Aviv, Israel

Wix.com Ltd. (Hebrew: וויקס.קום, romanizedwix.com) or simply “Wix” is an Israeli software company, publicly listed in the US, that provides cloud-based web development services. It offers tools for creating HTML5 websites and mobile sites using online drag-and-drop editing.[3] Along with its headquarters and other offices in Israel, Wix also has offices in Brazil, Canada, Germany, India, Ireland, Japan, Lithuania, Poland, the Netherlands, the United States, Ukraine, and Singapore.[4]

Users can add applications for social media, e-commerce, online marketing, contact forms, e-mail marketing, and community forums to their websites.[5][6] The Wix website builder is built on a freemium business model, earning its revenues through premium upgrades.[7] According to the W3Techs technology survey website, Wix is used by 2.5% of websites as of September 2023.[8]

  1. ^ "Wix.com Ltd 2023 Annual Report (Form 20-F)". U.S. Securities and Exchange Commission. 22 March 2024.
  2. ^ "Top Institutional Holders". finance.yahoo.com. Retrieved 12 May 2022.
  3. ^ Zukerman, Erez (9 April 2012). "Create a Website Easily With Wix". PC World. Retrieved 17 January 2014.
  4. ^ "Wix Offices Around the World". Wix.com. Retrieved 19 March 2019.
  5. ^ "Now At 25M Users, Wix Brings Third-Party Apps To Its Website Builder With New Marketplace". TechCrunch. 16 October 2012. Retrieved 17 January 2014.
  6. ^ "Wix's new ADI tool uses artificial intelligence to build a Website for you". The Next Web. 7 June 2016. Retrieved 3 August 2020.
  7. ^ "New options for building a free website". MSN. 23 July 2013. Archived from the original on 28 July 2013. Retrieved 29 July 2013.
  8. ^ "Usage statistics and market share of Wix". w3techs.com. Retrieved 17 September 2023.