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Wix

20 stories about Wix

“Supersonic Growth”: Base44 set to hit $50M ARR just months after Wix acquisition

07.08.25|CTech

From a few million in June to $40–$50 million by year-end, Base44’s rise puts Wix on a new growth trajectory as it eyes a $100M milestone from the vibe coding platform.

Wix surprises Wall Street with strong Q2 earnings

06.08.25|CTech

Shares climb after profit beats expectations by wide margin; full-year forecast raised.

Wiz finds major security flaw in Base44, one month after Wix acquisition

29.07.25|CTech

Vulnerability allowed unauthorized access to private apps built via AI prompts.

Vibe coding fever: Solo entrepreneur’s Base44 acquired by Wix for $80 million

18.06.25|Sophie Shulman

31-year-old Maor Shlomo built the viral AI app-maker as a side project that began last year during a post-reserve trip. Base44 only employs six people and hasn't raised any external funding.

Wix acquires Hour One, accelerating its push into AI-powered digital experiences

23.05.25|CTech

Website giant moves to control video-based user experiences and reduce third-party dependence.

Wix leans on AI and buybacks to power through macro headwinds

21.05.25|Sophie Shulman

Company reports $93.9M in adjusted profit, adds 5.3M users, but tempers guidance due to economic uncertainty.

מימין רון יקותיאל קלטורה מיכה קאופמן פייבר ערן זינמן ו רועי מן מאנדיי

“Show me the monAI”: Wall Street demands real returns from artificial intelligence

05.03.25|Sophie Shulman

The era of AI speculation is over—now, it's about delivering measurable business results.

Wix reports record profit but sticks to conservative 2025 forecast

19.02.25|Sophie Shulman

Company's AI rollout expected to boost growth, but impact remains uncertain.

Wix returns to $10 billion valuation amid strong revenue growth

20.11.24|Sophie Shulman

Bookings rise 15% as the company accelerates its path to $2 billion in annual revenue.

ניר זוהר יו"ר וויקס WIX גיליון ראש השנה 2024

“I'd like Wix to become a $100 billion company”

07.10.24|Diana Bahur-Nir

Nir Zohar, President of Wix, which is traded at a valuation of over $8.5 billion, is optimistic the company is well-positioned to increase its profitability. He takes pride in its Israeli identity, is unafraid to express a clear stance on the fight for democracy, and has an optimistic outlook even after the events of October 7.

Wix surprises with consistent double-digit growth, boosts annual forecast

07.08.24|Sophie Shulman

The Israeli website-building company continues to demonstrate a double-digit growth rate, with the fastest-growing segment being revenue from business partners who create websites for their clients. Wix more than doubled its operating profit in the second quarter, and revenues increased by 12%.

Wix VP: “With AI you can get the same visual content that the big guys are getting.”

03.07.24|James Spiro

Oren Inditzky, VP and GM of Online Stores at Wix, spoke to CTech about the democratization of sales in the AI age

Wix increases profit, upgrades forecast for 2024

20.05.24|Sophie Shulman

Wix's revenues in the first quarter amounted to $419.8 million, while GAAP net income reached $24 million

Wix registers first full year net profit, forecasts acceleration in “profitable growth in 2024”

21.02.24|Sophie Shulman

The software company ended 2023 with revenues of $1.56 billion, a 13% growth compared to 2022. GAAP net income amounted to $33.1 million

מימין ניר זוהר מיכה קאופמן שי וינינגר שלומי בן חיים

Israeli software companies thrive amidst macroeconomic transformation

06.08.23|Sophie Shulman

Growth and cash reserves bolstered the bottom line in the financial reports of Wix, Fiverr, JFrog, and even Lemonade

Wix’s quick fix: Website builder increases full year growth outlook after cutting 18% of workforce

17.05.23|Sophie Shulman

Wix reported a 10% growth in first quarter revenues to $374 million and now expects to end the year with 10-11% revenue growth, compared to 9% in its previous outlook

The Wix fix: “We began implementing further cost efficiency measures; reduced headcount by 15%"

22.02.23|Sophie Shulman

Wix laid off around 370 employees last week, most of them in support centers in the US. On top of the $150 million cost reduction plan announced in August 2022, the company is implementing an incremental $50 million of cost savings in 2023

Wix cuts another 370 jobs in second round of layoffs in six months

15.02.23|Sophie Shulman

The website building company will part with over 6% of its workforce, with most of the layoffs being made in the customer care department

Wix announces $150 million cost-cutting plan as bragging backfires

11.08.22|Sophie Shulman

Just three months ago the company's CEO boasted on social media that the only cuts he will be making will be in the brand of alcohol at the company, but this week it already announced the laying off of 100 employees

The hits keep coming: Plummeting tech giants turn focus to profitability and streamlining in turbulent times

19.05.22|Sophie Sulman

Following the collapse in technology stocks, the Israeli representatives on Wall Street changed their tone and began to talk about profitability and efficiency instead of glorifying growth

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