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Blue Chip Growth

Stock Report: Wix.com Ltd. (WIX) Report Updated: May 27, 2017 | Print This Page

Wix.com Ltd.© quotemedia

Company Profile

Wix.com Ltd. develops and markets an Internet service that allows users to create Web content. It offers Web development, design, and management solutions and apps through an online platform that enables its user base of businesses, organizations, professionals, and individuals to create digital presence. The company’s applications and value-added services include Wix App Market, an online platform, which offers its users a range of software apps that could be integrated as add-ons into its users’ Websites. It also provides WixHotels, a booking engine for hotels, B&Bs, and vacation rentals; WixStores that allows users to create a virtual store through which they may sell their products online and process payments using an integrated shopping cart app; WixMusic, an advanced music player solution; WixShoutOut, which enable users to create and send customized newsletters, updates, promotions, and e-mail campaigns directly from their Wix dashboard. In addition, the company offers a community for independent designers to offer their audio or visual media content and personal Web design services, using its platform. As of December 31, 2014, it had approximately 58 million registered users and 1,232,832 premium subscriptions in 190 countries. The company was formerly known as Wixpress Ltd. Wix.com Ltd. was founded in 2006 and is headquartered in Tel Aviv, Israel.