Wix.com instance of public company
Wix.com Ltd. (Hebrew: וויקס.קום) is an Israeli software company, publicly listed in the US, that provides cloud-based web development services. It allows users to create HTML5 websites and mobile sites through the use of online drag and drop tools. Along with its headquarters and other offices in Israel, Wix also has offices in Brazil, Canada, Germany, India, Ireland, Japan, Lithuania, Poland, the Netherlands, the United States, Ukraine, and Singapore.Users can add applications for social media, e-commerce, online marketing, contact forms, e-mail marketing, and community forums to their web sites. The Wix website builder is built on a freemium business model, earning its revenues through premium upgrades. According to W3Techs, Wix is used by 2.3% of the top 10 million websites.IPO and acquisitions
On 5 November 2013, Wix had an initial public offering on NASDAQ, raising about US$127 million for the company and some share holders.In April 2014, Wix announced the acquisition of Appixia, an Israeli startup for creating native mobile commerce (mCommerce) apps. In October 2014, Wix announced its acquisition of OpenRest, a developer of online ordering systems for restaurants.On 23 February 2017, Wix acquired the online art community DeviantArt for US$36 million.In February 2020, Wix acquired Inkfrog for eBay sellers to enable marketplace and sales channel integrations.
On 2 March 2021, Wix acquired SpeedETab, a Miami-based restaurant online technology provider.
In May 2021, Wix acquired Rise.ai, the gift card and customer re-engagement solution for online brands. A month later, Wix acquired Modalyst, a leading marketplace and dropshipping platform.
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