Wix.com facts for kids
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Headquarters in Tel Aviv, Israel
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| Public | |
| Traded as | NASDAQ: WIX |
| ISIN | IL0011301780 |
| Industry | Internet |
| Founded | 2006 |
| Founders |
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| Headquarters |
Tel Aviv
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Israel
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Number of locations
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22 (2022)
List
New York City, New York US Los Angeles, California, US San Francisco, California, US Denver, Colorado, US Miami, Florida, US Phoenix, Arizona, US Cedar Rapids, Iowa, US Austin, Texas, US Beer Sheva, Israel Haifa, Israel Dnipro, Ukraine Kyiv, Ukraine Lviv, Ukraine New Delhi, India Tokyo, Japan London, UK Vilnius, Lithuania Dublin, Ireland Vancouver, Canada Berlin, Germany Sao Paulo, Brazil Singapore |
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Area served
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Worldwide |
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Key people
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Mark Tluszcz (Chairman) Avishai Abrahami (CEO) |
| Products | Online services for stores, bookings, hotels, events, restaurants, fitness, video, music, shoutout, answers, logo maker |
| Services | Website builder, business management, web hosting service |
| Revenue |  US$1.562 billion (2023) |
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Operating income
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▲ US$-24.4 million (2023) |
| US$33.14 million (2023) |
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| Total assets | US$1.804 billion (2023) |
| Total equity | ▲ US$-54.5 million (2023) |
| Owners | Baillie Gifford (14.2%) Starboard Value (9%) BlackRock (4.7%) Principal Global (4.3%) Jackson Square Partners (4.3%) |
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Number of employees
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4,600 (2023) |
| Subsidiaries |
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Wix.com Ltd. is an Israeli software company. It helps people create websites using tools that are easy to use. You can build websites for computers and phones. Wix lets you design your site by dragging and dropping things where you want them.
Wix also has offices in many countries around the world. These include Brazil, Canada, Germany, India, and the United States. Users can add special features to their websites. These features include tools for social media, online shops, and contact forms.
Wix offers a basic service for free. It makes money when users choose to upgrade to more advanced features. About 2.5% of all websites use Wix.
Contents
How Wix Started and Grew
Wix was created in 2006 by three Israeli developers. Their names are Avishai Abrahami, Nadav Abrahami, and Giora Kaplan. The company's main offices are in Tel Aviv, Israel.
Early Development
In 2007, Wix launched its first version. It used a technology called Adobe Flash. By April 2010, Wix had 3.5 million users. In March 2011, this number grew to 8.5 million users.
In June 2011, Wix added a feature for Facebook shops. This helped people sell things on social media. In March 2012, Wix launched a new website builder. This new builder used HTML5 technology. It replaced the older Flash technology.
In October 2012, Wix opened an app market. This allowed users to add more tools to their websites. Other developers could also create apps for Wix users. By August 2013, more than 34 million people had signed up for Wix.
New Features and Growth
Wix kept adding new tools for its users. In May 2014, they launched WixHive. This tool helped websites collect information about visitors. In August 2014, Wix Hotels was launched. This system helped hotels and vacation rentals manage bookings.
Wix Music came out in 2015. It was a platform for musicians to sell their music. Wix Restaurants was launched in 2016. In December 2017, Wix Code was released. This allowed users to add more advanced features using computer code. It was later renamed Velo.
In December 2018, Wix launched Ascend by Wix. This was a set of 20 tools for businesses to manage and promote themselves. In November 2019, Wix Fitness was introduced. This helped fitness businesses manage their customers.
In February 2020, Wix launched Editor X. This was a new platform for professional designers. By June 2020, Wix had over 180 million users worldwide. In 2020, Wix stopped supporting Flash websites. This was because Adobe stopped supporting Flash Player.
In 2021, Wix worked with Vistaprint. They also partnered with LegalZoom in 2022. These partnerships helped small businesses get started. By 2022, Wix had more than 220 million users around the world.
In May 2023, Wix introduced Wix Headless. This helps professional web developers use Wix tools in new ways. It gives them more freedom to customize websites.
Becoming a Public Company and Buying Others
On November 5, 2013, Wix became a public company. This means its shares can be bought and sold on the NASDAQ stock market.
Wix also started buying other companies. In April 2014, they bought Appixia. This company made apps for mobile shopping. In October 2014, Wix bought OpenRest. This company made online ordering systems for restaurants.
On February 23, 2017, Wix bought DeviantArt. This is a large online community for artists. In February 2020, Wix bought Inkfrog. This company helped people sell items on eBay.
In March 2021, Wix bought SpeedETab. This company provided online technology for restaurants. In May 2021, Wix bought Rise.ai. This company helped online stores with gift cards. A month later, Wix bought Modalyst. This company was a platform for dropshipping.
What Wix Offers
Wix provides many tools to help you build a website. You can choose from many ready-made website designs called templates. You can also start from scratch and design your own site. The drag-and-drop editor makes it easy to add pictures, text, and other elements.
To get more features, users can buy premium packages. These packages let you use your own website address. They also remove Wix ads and add tools for online stores.
The Wix App Market offers many free and paid applications. These apps can add features like photo feeds, blogs, music players, and email marketing tools. Developers who create apps for the market share the money they earn with Wix.
You can also add custom computer code to Wix webpages. This is done using the Velo API.
Images for kids
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Wix.com logo
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Wix.com new headquarters
See also
In Spanish: Wix.com para niños
