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. (Nasdaq: WIX) is a global SaaS platform for creating, managing, and growing a complete digital presence, and its news flow reflects activity across technology, commerce, and capital markets. On this page, readers can follow company announcements that explain how Wix evolves its platform for self-creators, agencies, enterprises and partners, and how these developments may relate to WIX stock.
Recent news has highlighted financial results and operating metrics, with quarterly press releases detailing bookings, revenue trends, Creative Subscriptions and Business Solutions performance, and the contribution of AI-focused products such as Base44. These updates often include commentary from Wix leadership on user demand, new cohorts, and the role of the platform for small businesses and creators.
Wix also issues news on its commerce and payments ecosystem. Examples include expansions of Wix Payments in collaboration with Stripe to support more local payment methods in Europe, and partnerships that unify online and point-of-sale transactions. Additional releases cover collaborations with Stripe’s Agentic Commerce Suite and PayPal’s agentic commerce services, which are intended to help Wix merchants participate in AI-driven discovery and checkout experiences across multiple AI agents and channels.
Investors can also find capital markets and corporate governance news, such as announcements of proposed and priced offerings of 0.00% Convertible Senior Notes due 2030, updates on share repurchase programs, and notices about participation in investor conferences. Together, these items provide a view into how Wix finances its operations, interacts with institutional investors, and communicates with the market.
For anyone tracking WIX news, this feed offers a single location to review earnings releases, product and partnership announcements, financing transactions, and event participation, helping users understand how Wix’s strategy and platform continue to develop over time.
Wix.com Ltd. (Nasdaq: WIX) has launched a new Seating Map Builder for businesses and venues, allowing them to create customized seating maps for events. This tool enables customers to select and purchase assigned seats easily. The builder accommodates various seating arrangements, and businesses can price tickets based on seat locations. Since its release, average ticket sales and prices have increased. Wix Events has seen an 88% year-over-year rise in gross payments volume, with 75% more tickets sold online in Q1 2022 compared to Q1 2021. The builder is available to all Wix premium users at no additional cost.
Wix has partnered with DoorDash Drive to enhance delivery services for restaurants using the Wix Restaurants platform. This integration allows restaurant owners to manage delivery directly through their websites and branded apps, thereby reducing logistics challenges without the need to establish their own delivery fleets. The partnership aims to improve profitability with flat-rate delivery fees and provide valuable customer insights. DoorDash Drive's scalable fleet will support restaurants in reaching more customers and enhancing service efficiency.
Wix.com Ltd. (Nasdaq: WIX) will announce its first quarter 2022 results on May 16, 2022, followed by a virtual Analyst & Investor Day on May 19, 2022, at 8:30 AM ET. Key management will discuss growth initiatives and present a three-year financial plan. Additionally, Wix's board has approved a $500 million securities repurchase program, pending court approval in Israel. The repurchase will comply with SEC regulations and may be paused at Wix's discretion. Live webcasts of the events will be accessible via Wix's investor relations site.
Wix.com Ltd. (Nasdaq: WIX) has announced a new integration with Amazon's Multi-Channel Fulfillment (MCF) to help Wix eCommerce merchants in the US streamline order fulfillment. This app allows merchants to access Amazon's logistics network for fast shipping options, with delivery in as little as one day. Key benefits include improved sales conversion through upfront delivery promises and competitive pricing with no upfront fees. The goal is to alleviate operational complexities for merchants, enabling them to focus on growth by leveraging Amazon's robust fulfillment capabilities.
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Wix.com Ltd. (Nasdaq: WIX) reported Q4 2021 revenue of $328.3 million, growing 16% year-over-year, with Creative Subscriptions revenue at $246.7 million, up 15%. Full-year revenue reached $1.27 billion, a 29% increase compared to 2020. The company added 478,000 net premium subscriptions, totaling 6 million. Despite a GAAP net loss of $111 million in Q4, Wix projects Q1 2022 revenue between $338 million and $343 million. Management remains optimistic, highlighting investments in growth initiatives, while adjusting guidance practices due to ongoing demand volatility.
Deepcrawl has partnered with Wix to launch a custom-built app aimed at improving SEO tools for users of the Wix platform. This app will enable users to monitor website health and identify optimization opportunities effectively. The integration of Deepcrawl's enterprise-grade SEO technology provides actionable insights for SMEs, automating weekly checks for coding errors and SEO best practices. The app is available for Wix Premium users at an additional cost, supporting businesses in enhancing their online presence.
Wix.com Ltd. (WIX) will announce its fourth quarter and full-year results for 2021 before the market opens on February 16, 2022. A conference call and webcast will be held at 8:30 a.m. ET for management to discuss the financial results and answer questions. Interested parties can access the press release and additional materials via Wix's investor relations site.
On December 1, 2021, PayPal announced that Wix merchants can now offer PayPal Pay in 4 and PayPal Credit through a dedicated Pay Later button. This partnership aims to help businesses maximize holiday sales. Online retail sales reached $8.9 billion on Black Friday 2021, reflecting a strong demand for eCommerce. Merchants utilizing PayPal Pay in 4 reported a 21% increase in payment volume, indicating its effectiveness in boosting sales conversions.
Wix.com Ltd. (Nasdaq: WIX) will be represented by Joe Pollaro, GM of the US, at the Nasdaq 45th Investor Conference on November 30, 2021, at 12:00 p.m. EST. This virtual event provides investors with insights into Wix's cloud-based website development platform, which serves over 215 million registered users globally. The presentation will be available via live audio webcast and archived on Wix's investor relations website: https://investors.wix.com.