Wix.com Ltd.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Company Description
- CEO
- Avishai Abrahami
- Full Time Employees
- 5,340
- Sector
- Technology services
- Industry
- Packaged software
- Address
- Wix Campus, Building B Tel Aviv TA Israel 6936024
- IPO Date
- Nov 5, 2013
- CIK
- 0001576789
- Website
- wix.com
- Similar Companies
- Business
- Wix.com Ltd. Wix.com Ltd. (NASDAQ: WIX) develops and operates a leading cloud-based web development platform that empowers users worldwide to create, manage, and grow professional websites and online businesses without coding expertise. Founded in 2006 by Avishai Abrahami, Nadav Abrahami, and Giora Kaplan, the company maintains its global headquarters at 40 Namal Tel Aviv Street in Tel Aviv-Yafo, Israel, with additional offices across Brazil, Canada, Germany, India, Ireland, Japan, Lithuania, Poland, the Netherlands, the United States, Ukraine, and Singapore. Wix.com Ltd. serves over 260 million registered users globally through a freemium model, generating revenue from premium subscriptions that unlock custom domains, ad removal, expanded storage, and advanced features. The platform's core offerings include the Wix Editor, a drag-and-drop visual development tool for customizable HTML5 websites; Wix Studio, a unified platform tailored for agencies and enterprises with advanced design, AI tools, dev integrations, and multi-site management; and Wix ADI (Artificial Design Intelligence), an AI-driven website generator that automates creation based on user inputs. Additional services encompass Payments by Wix for online and in-person transactions; Wix POS for omnichannel retail; Stores and Bookings for e-commerce, gift cards, and scheduling; Branded App by Wix for native mobile apps; Wix Logo Maker powered by AI; email marketing and paid ad campaigns; domain registration; Google Workspace integration; and the Wix App Market, featuring third-party apps for social media, CRM, SEO, blogging, forums, and more; complemented by Velo API for custom JavaScript and commerce solutions for small businesses. Wix.com Ltd. targets small businesses, entrepreneurs, creators, freelancers, agencies, and enterprises across North America, Europe, Latin America, Asia, and other regions, powering 3.8% of websites as of May 2025. In recent developments, the company acquired Base44 in June 2025 for approximately $80 million upfront plus earn-outs to bolster AI-driven "vibe coding" and no-code app creation via natural language interfaces; acquired Hour One in May 2025 to enhance generative AI video tools; announced an August 2025 partnership with Unit Finance to launch small business banking services including checking accounts and loans; increased its share repurchase program by $200 million in August 2025; and continues integrating AI advancements like the March 2024 public launch of its chatbot-powered AI web builder.
Company News
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Kaplan Fox Reminds Investors: Wix.com Ltd. (WIX) Securities Class Action Deadline is September 22, 2026