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How Is Wix Funded?

Last updated on October 1, 2022 @ 5:57 am

Wix is a web development platform that allows users to create HTML5 websites and mobile sites through the use of their online drag and drop tools.

Wix was founded in 2006 by Avishai Abrahami, Nadav Abrahami and Giora Kaplan. The company is headquartered in Tel Aviv, Israel.

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Wix is a publicly traded company on the NASDAQ under the ticker symbol WIX.

How Is Wix Funded?

Wix is funded through a combination of revenue from its premium subscription plans, advertising revenue, and through partnerships with major companies such as Google and Microsoft.

Wix’s premium subscription plans start at $4.08 per month and go up to $24.90 per month for their VIP plan. These plans give users access to additional features such as more storage space, removal of Wix branding, and priority customer support.

Wix also generates revenue through advertising. They offer a free plan to users which includes ads placed on the websites created using their platform. For users who upgrade to one of their premium plans, they have the option to remove the ads from their website.

In addition to revenue from its subscription plans and advertising, Wix has also entered into partnerships with major companies such as Google and Microsoft. These partnerships help to promote Wix as a web development platform and help to generate new customers for the company.

How Is Wix Funded?

Wix is funded through a combination of revenue from its premium subscription plans, advertising revenue, and through partnerships with major companies such as Google and Microsoft.

Wix’s premium subscription plans start at $4.

Wix also generates revenue through advertising.

For users who upgrade to one of their premium plans, they have the option to remove the ads from their website. In addition to revenue from its subscription plans and advertising, Wix has also entered into partnerships with major companies such as Google and Microsoft.

PRO TIP: Wix is a free and easy to use website builder. However, it is important to be aware of how Wix is funded. Wix makes money through advertising and premium services. This means that if you use Wix to create a free website, your website will be supported by ads. If you upgrade to a premium plan, you can remove the ads from your website.
Morgan Bash

Morgan Bash

Technology enthusiast and Co-Founder of Women Coders SF.