Welcome to our dedicated page for Wix.com news (Ticker: WIX), a resource for investors and traders seeking the latest updates and insights on Wix.com stock.
Wix.com Ltd. (WIX) provides a cloud-based platform enabling businesses and individuals to build, manage, and scale professional websites. This page aggregates official announcements, including product innovations, financial results, and strategic partnerships, offering stakeholders a centralized resource for tracking the company’s evolution in the competitive SaaS landscape.
Investors and users will find timely updates on AI-driven innovations like Wix Studio and ADI (Artificial Design Intelligence), alongside critical business developments such as ecommerce integrations and market expansions. All content is sourced directly from verified press releases to ensure accuracy and compliance.
The page organizes news into key categories: quarterly earnings, technology updates, leadership announcements, and strategic collaborations. This structure allows quick access to material relevant to financial analysis, competitive research, or platform enhancement tracking.
Bookmark this page or check back regularly to stay informed about Wix’s advancements in democratizing web development through intuitive tools and enterprise-grade solutions. For real-time updates, subscribe to Stock Titan’s alerts for WIX-related disclosures.
Wix.com Ltd. (Nasdaq: WIX) announced that Joe Pollaro, General Manager, US, will speak at the Wolfe Inaugural TMT Conference on September 8, 2021, at 11:05 a.m. ET. The event will be available through a live audio webcast on Wix's investor relations site. Wix is a leading website development platform with over 210 million registered users globally, helping businesses establish their online presence through various tools and services.
Wix.com Ltd. (Nasdaq: WIX) reported Q2 2021 revenues of $316.4 million, up 34% year-over-year, attributed to growth in both Creative Subscriptions and Business Solutions. Despite these gains, the company noted a mild slowdown in user growth due to pandemic uncertainty. Non-GAAP net loss was $(15.8) million, with GAAP net profit at $38 million, boosted by unrealized gains in equity. Wix updated its 2021 guidance for revenue and cash flow, reflecting ongoing pandemic challenges. A strategic partnership with Vistaprint aims to empower small businesses.
On August 11, 2021, Vistaprint announced a partnership with Wix (Nasdaq: WIX) to enhance small businesses' online presence. Wix will provide the technology for website creation, allowing Vistaprint's 17 million customers to build and manage websites easily. The integration aims to synchronize online and offline marketing efforts. Existing Vistaprint users will migrate to Wix, with expectations of hundreds of thousands of new Wix subscriptions over five years. The collaboration will also position Vistaprint as Wix's primary print partner for physical marketing solutions.
Wix (Nasdaq: WIX) launched the Branded App by Wix, a no-code mobile app builder, enabling users to create tailored native apps for their businesses. This addition supports business owners in enhancing their brand experience with integrated features like booking services and customer engagement tools. Wix data shows that businesses using native apps may experience up to a 510% increase in mobile service bookings. The Branded App is available for an additional cost, but customers can download it for free from app stores.
Wix.com Ltd. (Nasdaq: WIX) announced it will release its second quarter results for the period ending June 30, 2021, before market open on August 11, 2021. A conference call and webcast will follow at 8:30 a.m. ET, where management will discuss the financial outcomes. A press release with results and shareholder updates will precede the call. Investors and interested parties can access additional information through Wix's investor relations page.
Wix has partnered with Yell, the UK's leading provider of managed digital marketing services, to offer 'Smart Websites - powered by Wix'. This collaboration aims to assist SMEs in the UK in creating customized websites with enhanced functionality. The new websites will be optimized for all devices, SSL certified, and come with features like analytics, CRM capabilities, and payment acceptance. Yell CEO Claire Miles emphasized that this partnership responds to the growing need for SMEs to establish a strong online presence post-lockdown. Wix's technology will benefit Yell's extensive client base.
Wix (Nasdaq: WIX) announced the launch of Dine by Wix, a mobile app designed for restaurants to facilitate online ordering and reservations. With 65% of online orders coming from mobile, this extension enhances Wix's Restaurants platform, allowing direct customer engagement without commissions. The app includes features like loyalty programs and SMS reminders, available for free on both iOS and Android. This launch follows Wix's acquisition of SpeedEtab, strengthening its restaurant capabilities.
Wix (NASDAQ: WIX) announces the acquisition of Modalyst, a premier dropshipping platform, to enhance its eCommerce services. This acquisition aims to enable Wix merchants to connect with a vast supplier marketplace, streamlining the sourcing and fulfillment of products. Currently, Wix merchants that utilize dropshipping see a 40% increase in Average Order Value and a 79% boost in revenues within four months. The integration will empower businesses to expand product offerings and enhance their operational effectiveness, significantly aiding eCommerce growth.
Wix (Nasdaq: WIX) has launched its new POS solutions, enabling business owners to handle in-person payments for goods and services seamlessly. This system integrates with Wix's existing platform, allowing users to manage sales, inventory, and analytics from a single interface. The company highlights a 45% growth in businesses utilizing online commerce through its platform from March 2020 to March 2021. The POS system is currently available in the U.S. for verified Wix Payments account holders, with plans for future expansion.
