Wixcom Ltd (WIX) is a technology company that offers a cloud-based platform of products and services. The company offers technology platforms such as Wix Editor for full website creation, Editor X for design professionals. It also offers Payments by Wix for accepting payment, Wix Stores, an e-commerce platform that offers merchants professional tools and services to establish, design, manage and grow their e-commerce business, Wix Restaurants provides various solutions for restaurateurs and Wix Showcase for creating and maintaining media online, among others. Wixcom also provides client management, social posts and ads services. The company operates in Israel, Brazil, the US, Lithuania, Ireland, the UK, Japan, Canada and Luxembourg. Wixcom is headquartered in Tel Aviv, Israel.
Headquarters
Israel
Address
40 Namal, Tel Aviv-Yafo, 6701101
Website
www.wix.com
Telephone
972 3 5454900
No of Employees
4,414
Industry
Technology and Communications
Ticker Symbol & Exchange
WIX (NASD)
Revenue (2022)
$1.6B
12.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
107.8%
(2022 vs 2021)
Market Cap*
$6.8B
Net Profit Margin (2022)
XYZ
106.9%
(2022 vs 2021)
* As of and is in US$
Wixcom Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Wix ADI | Cloud-Based Web Development |
| Wix Editor | Web Accessibility and Development |
| Editor X | Wix Playground |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | New Products/Services | In November, the company announced a new addition to its in-platform SEO tools. |
| 2023 | New Products/Services | In November, the company launched a conversational generative AI assistant to help new users set up business profiles and websites. |
| 2023 | Plans/Strategy | In July, the company announced its plans to launch the AI Site Generator. |
Competitor Comparison
| Key Parameters | Wixcom Ltd | Shopify Inc | GoDaddy Inc | Squarespace Inc | Bigcommerce Holdings Inc |
|---|---|---|---|---|---|
| Headquarters | Israel | Canada | United States of America | United States of America | United States of America |
| City | Tel Aviv-Yafo | Ottawa | Tempe | New York | Austin |
| State/Province | Tel Aviv | Ontario | Arizona | New York | Texas |
| No. of Employees | 4,414 | 8,300 | 6,159 | 1,749 | 1,321 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mark Tluszcz | Chairman | Executive Board | 2016 | 56 |
| Avishai Abrahami | Director; Chief Executive Officer | Executive Board | 2010 | 53 |
| Lior Shemesh | Chief Financial Officer | Senior Management | 2013 | 53 |
| Nir Zohar | Chief Operating Officer; President | Senior Management | 2013 | 45 |
| Yaniv Even-Haim | Chief Technology Officer | Senior Management | - | 48 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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