#ThursdayTool - Wix

Tool profile: Wix Name: Wix.com Ltd Category:Websites Industry: Internet Synopsis: Wix.com Ltd is an Israeli software company, providing cloud-based web development services. It allows users to create HTML5 websites and mobile sites through the use of online drag and drop tools. Users can add social plug-ins, e-commerce, online marketing, contact forms, email marketing, and community forums to their websites using a variety of Wix-developed and third party applications. Pricing: Freemium, with revenue through upgrades Product: Wix stores, Wix Bookings, Wix Hotel, Wix Restaurants, Wix Video, Wix Music, Wix ShoutOut, Wix Answers, Wix Logo Maker Services, Website builder, Business Management, Web hosting service Areas served: Worldwide Key people: Mark Tluszcz (Chair); Avishai Abrahami (CEO) Key metrics: 4,000 employees, US$ 1 Billion in revenue (2019) Date Launched: 2006 Key Markets: Israel, Brazil, Canada, Germany, India, Ireland, Lithuania, United States and Ukraine Founders: Avishai Abrahami, Nadav Abrahami, Giora Kaplan Ownership: T. Rowe Price (14.1%), Mangrove Capital Partners (9.7%), Steadfast (8.5%), Fidelity Investments (5.5%) Subsidiaries: DeviantArt, OpenRest, flok Website: www.wix.com