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Is Wix a Buy Now?

Last updated on September 30, 2022 @ 11:12 am

Wix is a cloud-based web development platform that allows users to create HTML5 websites and mobile sites through the use of online drag and drop tools. Founded in 2006, Wix is headquartered in Tel Aviv, Israel. The company has over 1,000 employees and is publicly traded on the NASDAQ stock exchange under the ticker symbol WIX.

Wix was founded in 2006 by Ariel Simons and Nadav Abrahami, who were both students at the Israeli Institute of Technology. The company was started as a way to allow anyone to create a website without having to code or hire a web developer.

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Since its launch, Wix has grown significantly. The platform now has over 110 million users in 190 countries. Wix is available in over 50 languages and supports over 300 different payment methods.

PRO TIP: Wix is not a “buy now” button. Wix is a website builder that allows you to create a website for free. If you want to use their premium features, you will need to sign up for a paid plan.

The company has also expanded its product offering beyond just website builder tools. In 2013, Wix launched WixHotels, a booking platform for hotels and vacation rentals.

In 2015, the company launched WixRestaurants, an online ordering system for restaurants. And in 2017, Wix launched WixEd, an educational platform that helps schools build websites and teach digital literacy.

So is Wix a buy now?

Yes, Wix is a buy now. The company has shown significant growth since its launch in 2006 and its products are used by millions of people around the world. With a strong product offering and continued innovation, Wix is well-positioned for continued success.

Dale Leydon

Dale Leydon

Sysadmin turned Javascript developer. Owner of 20+ apps graveyard, and a couple of successful ones.