NASDAQ-NMS:WIX

Wix Expands Offerings in Square App Marketplace to Streamline Operations for Restaurant Owners

Retrieved on: 
Thursday, April 20, 2023

NEW YORK, April 20, 2023 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), a leading global SaaS platform to create, manage and grow an online presence, today announced an extended integration with Square. The integration allows restaurant owners to easily sync their Wix Restaurants site with their Square account to streamline online ordering directly from the Wix platform to run operations more efficiently and increase revenue.

Key Points: 
  • The integration allows restaurant owners to easily sync their Wix Restaurants site with their Square account to streamline online ordering directly from the Wix platform to run operations more efficiently and increase revenue.
  • Restaurant owners using Square for Restaurants or Square Point of Sale (POS) can easily manage their catalog, including categories, items, descriptions, images, and full menus, directly from the Wix platform.
  • This enables restaurant owners to start selling faster by reducing the efforts of inputting information into multiple systems.
  • "It's now easier than ever for restaurants who already have websites on Wix to shift their on-premise operations to Square."

Wix Announces Integration with Meta for Business Owners to Seamlessly Connect with their Customers across WhatsApp, Instagram and Messenger

Retrieved on: 
Monday, March 27, 2023

NEW YORK, March 27, 2023 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), a leading global SaaS platform to create, manage and grow an online presence, today announced expanded integrations with WhatsApp, Instagram and Messenger where Wix users can now connect their business accounts directly with their Wix Inbox. By integrating these channels, business owners can more efficiently manage all communication and interactions with their customers from one inbox in one place.

Key Points: 
  • By integrating these channels, business owners can more efficiently manage all communication and interactions with their customers from one inbox in one place.
  • The Wix Inbox is designed to help business owners save time while providing the opportunity to easily create, strengthen, and personalize relationships with their customers.
  • "Integrating these top messaging platforms to the Wix Inbox will streamline communication and help business owners be more efficient.
  • Wix Inbox empowers businesses built on Wix with a seamlessly integrated and fully extendible CRM platform to serve their growing needs.

Wix Announces Changes to Board of Directors to Support New Phase of Value Creation

Retrieved on: 
Wednesday, March 8, 2023

NEW YORK, March 8, 2023 /PRNewswire/ -- Wix (Nasdaq: WIX), today announced changes to its Board of Directors. The announced changes are part of Wix's track record of regularly refreshing and enhancing its board to closely align with the changing operating environment as well as its current strategic objectives, balancing stability and expertise with change and adaptability. Additionally, these changes support Wix's continued transition to a new phase of value creation focused on product-led growth with sustained profitability and a commitment to achieving "Rule of 40" in 2025.

Key Points: 
  • Additionally, these changes support Wix's continued transition to a new phase of value creation focused on product-led growth with sustained profitability and a commitment to achieving "Rule of 40" in 2025.
  • In these efforts, Wix announced the appointment of Gavin Patterson and Francesco de Mojana to Wix's Board of Directors.
  • Wix also announced the resignation of Yuval Cohen and Roy Saar from the Board after many years of dedicated service.
  • These new board members were carefully and strategically chosen to guide and support the Wix management team with key incremental skill sets.

Wix and Stripe Bring Tap to Pay on iPhone to U.S. Merchants

Retrieved on: 
Monday, March 6, 2023

NEW YORK, March 6, 2023 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), a leading global SaaS platform to create, manage and grow an online presence, today announced an extended partnership with Stripe to bring Tap to Pay on iPhone to U.S.-based Wix merchants. This enables Wix merchants to accept secure, contactless payments directly from their iPhones, without needing additional hardware.

Key Points: 
  • Using the Wix Owner App and a compatible iPhone, merchants can seamlessly accept and process contactless payments through Wix with only an iPhone from contactless credit or debit cards, Apple Pay, and other digital wallets.
  • "Tap to Pay on iPhone lets merchants accept and process contactless payments in seconds without additional hardware," said John Affaki, Terminal Business Lead at Stripe.
  • "Wix merchants and their customers can use Tap to Pay on iPhone anywhere knowing they're completing fast and secure payment transactions using iPhone."
  • Tap to Pay on iPhone is available on compatible devices to U.S.-based Wix Payments merchants using the eCommerce, bookings, and events solutions.

Wix Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Wednesday, February 22, 2023

We released hundreds of new products and features throughout 2022 to improve our platform for self creators and partners.

Key Points: 
  • We released hundreds of new products and features throughout 2022 to improve our platform for self creators and partners.
  • Among the most notable releases this year were Wix Blocks for developers, our new Wix Editor, Wix Portfolio and our new AI Text Creator," said Avishai Abrahami, Wix Co-founder and CEO.
  • The potential for Wix in 2023 and beyond is enormous, and I am excited about what is to come."
  • Lior Shemesh, CFO at Wix, added, "We ended 2022 on strong footing with Q4 and full year revenue above our guidance range as well as the strongest quarter of free cash flow1 in our history.

Wix to Participate in Fireside Chat at the Morgan Stanley Technology, Media & Telecom Conference

Retrieved on: 
Thursday, February 16, 2023

NEW YORK, Feb. 16, 2023 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that Lior Shemesh, CFO, will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference at The Palace Hotel in San Francisco on Monday, March 6, 2023 at 12:15 PM PST.

Key Points: 
  • NEW YORK, Feb. 16, 2023 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that Lior Shemesh, CFO, will participate in a fireside chat at the Morgan Stanley Technology, Media & Telecom Conference at The Palace Hotel in San Francisco on Monday, March 6, 2023 at 12:15 PM PST.
  • The event will be available via live audio webcast and archived replay on Wix's investor relations website: https://investors.wix.com .

Wix Launches AI Text Creator Within the Wix Editor, Significantly Advancing Website Content Creation

Retrieved on: 
Tuesday, February 14, 2023

NEW YORK, Feb. 14, 2023 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), a leading global SaaS platform to create, manage and grow an online presence, today announced the launch of its AI Text Creator within the Wix Editor. This new feature equips Wix users with technology that significantly improves the quality of their site content and streamlines the website-building process. Users can create anything from creative titles to personalized text that is precisely formulated for their website.

Key Points: 
  • This new feature equips Wix users with technology that significantly improves the quality of their site content and streamlines the website-building process.
  • Utilizing Wix's expertise in website creation, users are prompted with questions that are engineered to garner the best results for website content.
  • "We look forward to continuing to utilize the latest AI technologies to optimize the website creation process for our users."
  • The AI Text Creator is gradually rolling out to Wix users in English with plans to roll out more widely.

Wix Launches SEO Dashboard, with Integrated Reports from Google Search Console, For Users to Manage Their SEO from One Place

Retrieved on: 
Thursday, February 9, 2023

NEW YORK, Feb. 9, 2023 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), a leading global SaaS platform to create, manage and grow an online presence, today announced the launch of the SEO Dashboard, a unified place for everything SEO related. This includes SEO tools, educational materials tailored to different skill levels, and a new integration with Google Search Console, which provides valuable information on site performance on search results.

Key Points: 
  • This includes SEO tools, educational materials tailored to different skill levels, and a new integration with Google Search Console, which provides valuable information on site performance on search results.
  • By bringing together the tools users need to manage their SEO, valuable insights and reports from Google, and  tailored educational materials, users of all skill levels have the resources to execute their SEO strategy, to streamline their workflow.
  • From within the SEO Dashboard, users have access to a snapshot of their Google Search Console data .
  • The SEO Dashboard is available to all Wix users in English and will be gradually opened to more languages.

Wix to Announce Fourth Quarter and Full Year 2022 Results on February 22, 2023

Retrieved on: 
Monday, January 30, 2023

NEW YORK, Jan. 30, 2023 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX ), today announced that it will report its results for the fourth quarter and full year ended December 31, 2022 before the market opens on Wednesday, February 22, 2023.

Key Points: 
  • NEW YORK, Jan. 30, 2023 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX ), today announced that it will report its results for the fourth quarter and full year ended December 31, 2022 before the market opens on Wednesday, February 22, 2023.
  • Management will host a conference call and webcast that morning at 8:30 a.m.
  • ET to answer questions about the Company's financial results.
  • Prior to the conference call and webcast, Wix will issue a press release reporting these results along with a shareholder update and additional materials at https://investors.wix.com/ .

Wix Announces Court Approved Extension of Share Repurchase Program and Provides Update on Repurchase Activity through Q4 2022

Retrieved on: 
Thursday, January 5, 2023

This authorization provides for the repurchase of up to $110 million of Company ordinary shares and/or convertible notes.

Key Points: 
  • This authorization provides for the repurchase of up to $110 million of Company ordinary shares and/or convertible notes.
  • The Company may file extension requests with the court on an ongoing basis as required.
  • This new authorization by the court replaces the prior repurchase authorization, which expired December 31, 2022.
  • The repurchase program does not obligate the Company to acquire any particular amount of securities, and the repurchase program may be suspended or discontinued at any time at the Company's discretion.