Wix is a publicly-traded company that provides web development and hosting services. It was founded in 2006 and is headquartered in Tel Aviv, Israel. The company went public in 2013 and trades on the Nasdaq under the ticker symbol WIX.
Wix provides a platform for users to create websites without needing to code or hire a web developer. The platform is easy to use and provides a wide range of templates and features for users to choose from. Users can also use Wix to create a professional website for their business.
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The company has over 110 million users in 190 countries. In 2017, Wix generated $610 million in revenue and had an operating income of $68 million. The company has been profitable since 2014.
Wix is a good company to invest in because it is growing rapidly and is profitable. The company also has a strong competitive advantage due to its easy-to-use platform and wide range of features.
