Profile: Wix.Com Ltd (WIX.OQ)
Wix.com Ltd. (Wix), incorporated on October 5, 2006, is a Web development platform enabling businesses and organizations to take businesses, brands and workflow online. The Company provides solutions that business owners can use to operate various aspects of their business online, such as selling goods, taking reservations, and scheduling and confirming appointments. These applications provide Wix registered users a bespoke front-end for customers visiting their Website, as well as a back-end management dashboard. The Company has developed these software applications for businesses in specific verticals, including retail and online stores, service providers, hotel and property management, music and restaurants. These vertical applications are integrated into the Company's Website templates or can be installed on any existing Website and set up by the user and without the need to write code. The Company offers its platform in various languages, including English, French, Spanish, Portuguese, Italian, Russian, German, Japanese, Korean, Polish, Dutch, Turkish, Hindi, Norwegian, Swedish, Danish and Czech.
The Company offers Web development, design and management solutions and applications through an online platform that enables its user base of businesses, organizations, professionals and individuals to create a digital presence. Its Web development technology is built based on hypertext markup language 5 (HTML5) and offers HTML5 compatible capabilities, Web design and layout tools, domain hosting and other marketing and work flow management applications and services. By registering with the Company's Website, its users receive access to the Wix Editor, an online editor that enables the user to design and manage an unlimited number of Websites in order to establish or enhance their digital presence. The Company's free product and service offering includes various features, such as Wix Editor, Wix Artificial Design Intelligence, Wix Mobile Web, Wix App and Wix SEO Tool. Wix Editor offers visual design experience, as well as several code-free features, such as full screen strip layouts, full page video backgrounds and single click parallax effects. Wix ADI combines relevant design and curated content to create a personalized Website tailored for the users' specific needs in minutes. Wix Mobile Web allows registered users to create mobile sites for their existing Wix Websites. Wix App allows users to manage their Websites and Wix operating systems on the go, wherever they are, in order to run their businesses in real time. Through Wix SEO Tool, registered users may attach to their sites a description and keywords that relate to the site, so that Web viewers or customers may find its registered users' sites by searching for the descriptive or key words, using Internet search engines.
The Company's premium subscriptions are purchased primarily by businesses, organizations and professionals in a range of fields, such as art, finance, entertainment, music, beauty, sports, food services, property management or publishing. Its premium subscriptions offer all of the features of Wix Editor, but also include features tailored to business' needs, such as e-commerce and appointment applications, and marketing tools, such as Google Analytics and mailing lists. Its premium subscriptions also offer technical support services. The Company also offers advertisement vouchers with certain of its premium subscriptions, which allow registered users to expand their digital presence by advertising their pages on third-party sites, such as Bing and Google. Its premium subscriptions offer additional features, such as Connect Your Domain, Google Analytics, Removing Wix Brand Ads and Add Favicon.
The Company's applications and value-added solutions include Wix App Market and WixShoutOut. The Wix App Market is an online platform that offers its registered users a range of software applications, which can be integrated as add-ons into registered users' Websites. WixShoutOut is an integrated e-mail marketing product, which enables registered users to create and send customized e-mail campaigns, such as newsletters, updates and promotions directly from their Wix accounts.
The Company's vertical solutions include WixHotels, WixStores, WixMusic, WixBookings, WixPhotography, WixRestaurants and Wix Video. WixStores is an e-commerce solution, which allows its registered users to create, design and manage an online store through which they may sell their products online and process payments using an integrated shopping cart application. Wix Bookings is an end-to-end online appointment booking solution, allowing small businesses to connect with customers, manage appointments and group bookings, and acquire more business by allowing customers to book online. WixHotels offer a complete booking engine to build and maintain the room inventory complete with pricing, booking, reservation and payment management capabilities using certain integrated payment solutions. WixMusic is a complete solution, which includes a music player, commission free sales, a digital asset management system, tracking and metrics, concert promotion and ticketing, fan management and communication tools and a range of designed music Website templates. Wix Restaurants provide various solutions for restauranteurs, including Wix Restaurants Menus, Wix Restaurants Orders and Wix Restaurants Reservations. Wix Photography is a solution for photographers looking to create their portfolio and manage their business online. Wix Video allows users to showcase, promote and sell videos on their Wix Website.
The Company competes with Endurance International, GoDaddy and Web.com.
40 Namal Tel Aviv St.
TEL AVIV-YAFO 6350671
Company Web Links
- Wix.com quarterly revenue up, sees 40 percent growth in 2018
- UPDATE 1-Wix.com quarterly revenue up, sees 40 pct growth in 2018
- Israel's Wix.com Q4 revenue rises, sees 40 pct growth in 2018
- BRIEF-Wix.Com Reports Q4 Non-GAAP EPS Of $0.16
- BRIEF-Wix.Com Says Chosen G Suite, The Cloud-Native, Intelligent Productivity And Collaboration Apps From Google, As Exclusive Cloud Productivity Offering