About Wix

Abaan Gamer
Jul 4, 2020
2 min read

This article is about a website builder tool. For the software installation tool, see WiX. For other uses, see Wix.

Wix.com Ltd.

Headquarters in Tel Aviv Port, Israel

Type

Public companyTraded as NASDAQ: WIXIndustryInternetFounded2006; 14 years agoFoundersAvishai Abrahami

Nadav Abrahami

Giora KaplanHeadquarters

Tel Aviv

Israel

Number of locations

16 (2019)

List[show]

Area served

Worldwide

Key people

Mark Tluszcz(Chair)

Avishai Abrahami(CEO)ProductsWix Stores, Wix Bookings, Wix Hotel, Wix Restaurants, Wix Video, Wix Music, Wix ShoutOut, Wix Answers, Wix Logo MakerServicesWebsite builder,Business Management,Web hosting serviceRevenueUS$603.70 million[1] (2018)

Operating income

US$47.24 million[1] (2018)Total assetsUS$214.97 million[citation needed] (2016)Total equityUS$6.08 billion[2][better source needed] (2018)OwnersT. Rowe Price(14.1%)[2][failed verification]

Mangrove Capital Partners (9.7%)

Steadfast (8.5%)

Fidelity Investments(5.5%)

Number of employees

3,000[3] (2020)Subsidiaries

Websitewww.wix.com

Wix.com Ltd. is an Israeli software company, providing cloud-based web development services. It allows users to create HTML5 websites and mobile sites through the use of online drag and drop tools.[4] Along with its headquarters and other offices in Israel, Wix also has offices in Brazil, Canada, Germany, India, Ireland, Lithuania, the United States, and Ukraine.[3]

Users can add social plug-ins, e-commerce, online marketing, contact forms, e-mail marketing, and community forums to their web sites using a variety of Wix-developed and third-party applications.[5] The Wix website builder is built on a freemium business model, earning its revenues through premium upgrades.[6]This article is about a website builder tool. For the software installation tool, see WiX. For other uses, see Wix.