NASDAQ:WIX

Wix Launches AI Portfolio Creator

Retrieved on: 
Thursday, May 9, 2024

NEW YORK, May 9, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform to create, manage, and grow a global digital presence,1  today announced the launch of the AI Portfolio Creator, enhancing how users create and showcase an online professional portfolio. This one-of-a-kind solution uses in-house AI image clustering technology and the latest AI models to enable users to quickly, easily, and professionally display media online by inputting only a few words.

Key Points: 
  • NEW YORK, May 9, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform to create, manage, and grow a global digital presence,1 today announced the launch of the AI Portfolio Creator, enhancing how users create and showcase an online professional portfolio.
  • The AI Portfolio Creator streamlines the portfolio creation journey, empowering users to effortlessly upload extensive image collections and swiftly organize them with just a few clicks.
  • The AI Portfolio Creator takes away the heavy lifting in portfolio creation from the users and provides a smooth, intuitive portfolio-building experience that generates unique and professional options within only a few moments," said Hani Safe, Head of Wix Portfolio.
  • The AI Portfolio Creator adds to Wix's portfolio builder platform that goes beyond aesthetics.

Wix to Participate in Fireside Chat at J.P. Morgan Global Technology, Media and Communications Conference

Retrieved on: 
Wednesday, May 8, 2024

NEW YORK, May 8, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX ), today announced that Wix management will participate in a fireside chat at J.P. Morgan's Global Technology, Media and Communications Conference on Wednesday, May 22nd at 11:20 a.m.

Key Points: 
  • NEW YORK, May 8, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX ), today announced that Wix management will participate in a fireside chat at J.P. Morgan's Global Technology, Media and Communications Conference on Wednesday, May 22nd at 11:20 a.m.
  • ET.
  • The event will be available via live audio webcast and archived replay on Wix's investor relations website: https://investors.wix.com .

Wix Launches Wix Proposals, Powered by Prospero, Providing a Comprehensive Solution for Managing Long-Term Financial Engagements

Retrieved on: 
Wednesday, May 1, 2024

NEW YORK, May 1, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform to create, manage, and grow a global, digital presence1, today announced the launch of Wix Proposals, powered by Prospero, a leading proposal creation platform. This tool is designed to streamline the management of long-term financial engagements, offering users a robust set of features to seamlessly create, customize, and finalize proposals tailored to their unique business needs.

Key Points: 
  • Wix Proposals empowers users not only to create professional proposals to send to their clients but also to work more efficiently with automated invoices and contracts.
  • Prospero's leading proposal templates are seamlessly integrated with Wix's business management tools, providing users with a powerful and versatile proposal creation and management experience.
  • Key features of Wix Proposals include:
    Extensive Design Capabilities: Users can start from templates or create proposals from scratch, providing the flexibility needed for diverse business requirements.
  • "Wix Proposals offers business owners the tools needed to create, manage, and finalize proposals with ease," said Asaf Remler, Director of Strategic Partnerships at Wix.

Wix to Announce First Quarter 2024 Results on May 20, 2024

Retrieved on: 
Monday, April 29, 2024

NEW YORK, April 29, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that it will report its results for the first quarter ended March 31, 2024 before the market opens on Monday, May 20, 2024.

Key Points: 
  • NEW YORK, April 29, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that it will report its results for the first quarter ended March 31, 2024 before the market opens on Monday, May 20, 2024.
  • 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/ .

iHomefinder Partners with Wix to Offer Advanced Real Estate Website Solutions

Retrieved on: 
Thursday, April 25, 2024

This collaboration is set to revolutionize how real estate agents develop their online presence by introducing iHomefinder's robust MLS search functionality into the Wix platform through the iHomefinder Real Estate app in the Wix App Market .

Key Points: 
  • This collaboration is set to revolutionize how real estate agents develop their online presence by introducing iHomefinder's robust MLS search functionality into the Wix platform through the iHomefinder Real Estate app in the Wix App Market .
  • iHomefinder, Inc. partners with Wix.com Ltd. to revolutionize how advanced real estate websites are deployed.
  • "Our partnership with Wix is a game-changer for independent developers, Wix Partners, and do-it-yourself real estate agents who demand a professional, reliable web presence," said Nick Parmenter, President of iHomefinder.
  • "With the iHomefinder Real Estate app now available on Wix's App Market, we're empowering agents to grow their real estate business like never before."

Wix Studio Expands Growth Opportunity for Partners to Sell Website Templates and Monetize their Creations

Retrieved on: 
Wednesday, April 17, 2024

NEW YORK, April 17, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform to create, manage, and grow a global, digital presence1, today announced that Partners creating on Wix Studio can sell Studio templates directly within the Wix Marketplace. The expansion of the Wix Marketplace enables Partners to not only offer their services but also market and sell templates they've created, further diversifying their offerings and increasing their earning potential.

Key Points: 
  • NEW YORK, April 17, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform to create, manage, and grow a global, digital presence1, today announced that Partners creating on Wix Studio can sell Studio templates directly within the Wix Marketplace.
  • The expansion of the Wix Marketplace enables Partners to not only offer their services but also market and sell templates they've created, further diversifying their offerings and increasing their earning potential.
  • Moreover, selling templates on the Wix Marketplace presents Partners with a unique opportunity to generate revenue and also attract leads.
  • It's an exciting opportunity for Partners to collaborate with and benefit from other experts, as we've seen with beautifully crafted templates combining design and dev skills," said Michal Bignitz, VP of Partners at Wix.

Wix Launches Wix Donations, an All-In-One Donations Collection Platform

Retrieved on: 
Tuesday, April 9, 2024

NEW YORK, April 9, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform to create, manage, and grow a global, digital presence1, today announced the launch of Wix Donations, a dedicated online platform uniquely designed for the collection of donations for nonprofits, individuals and businesses.

Key Points: 
  • This growth is driven by multiple factors, including the escalating global trend of donations, wherein online giving has emerged as a pivotal component.
  • In a growing market, Wix Donations emerges as a comprehensive solution tailored to meet the diverse needs of fundraisers worldwide.
  • Comprehensive and Professional Backoffice Campaign Management: With the Wix Donations dashboard, users can easily manage their campaigns and run multiple campaigns simultaneously.
  • "We brought the entire donation collection operation online for them with the same simplicity, versatility and cost-effectiveness that Wix is known for."

Wix Announces Streamlined Approval Process for Share Repurchase Programs Following Amendments to Israeli Regulations

Retrieved on: 
Monday, March 18, 2024

NEW YORK, March 18, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX) ("Wix, "we," "our" or the "Company"), today announced amendments to the Israeli Companies Regulations (Relief for Public Companies Whose Securities are Traded on Stock Exchanges Outside of Israel, 5760-2000), (the "Relief Regulations") which eliminate, subject to certain conditions, the requirement to obtain mandatory Israeli court approval for share repurchases for companies that were otherwise required to obtain such approval.

Key Points: 
  • NEW YORK, March 18, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX) ("Wix, "we," "our" or the "Company"), today announced amendments to the Israeli Companies Regulations (Relief for Public Companies Whose Securities are Traded on Stock Exchanges Outside of Israel, 5760-2000), (the "Relief Regulations") which eliminate, subject to certain conditions, the requirement to obtain mandatory Israeli court approval for share repurchases for companies that were otherwise required to obtain such approval.
  • Companies are still subject to other necessary legal approvals outside of the previously mandatory Israeli court approval.
  • These Relief Regulations will streamline required regulatory approvals for share repurchases, allowing Wix to expedite its ability to begin execution of share repurchase activity.
  • As previously announced, Wix is in the process of pursuing the necessary approvals required under Israeli law, now under the new Relief Regulations, for $225 million in additional share repurchases, as authorized by the Board of Directors.

Now Live: Wix Delivers the Next Generation of Web Creation with the Release of the AI Website Builder

Retrieved on: 
Monday, March 4, 2024

NEW YORK, March 4, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, today announced the launch of its highly anticipated AI Website Builder. Through a conversational AI chat experience, Wix users describe their intent and goals, instantly resulting in a professional and uniquely designed website, including relevant pages, and business solutions such as scheduling, eCommerce, event management, and more.

Key Points: 
  • (NASDAQ: WIX), the leading SaaS website builder platform globally1, today announced the launch of its highly anticipated AI Website Builder.
  • "The AI Website Builder represents the first time users can effortlessly harness such advanced AI capabilities to craft their digital presence.
  • This offering joins Wix's available AI-powered features for web creation, contributing to Wix's dedication to maximizing the potential of AI in web development.
  • The AI Website Builder is available for global users in English.

Wix Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 21, 2024

NEW YORK, Feb. 21, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), the leading SaaS website builder platform globally,3 today reported financial results for the fourth quarter and full year of 2023. In addition, the Company provided its initial outlook for the first quarter and full year 2024. Please visit the Wix Investor Relations website at https://investors.wix.com/ to view the Q4'23 Shareholder Update and other materials.

Key Points: 
  • In addition, the Company provided its initial outlook for the first quarter and full year 2024.
  • Please visit the Wix Investor Relations website at https://investors.wix.com/ to view the Q4'23 Shareholder Update and other materials.
  • AI was another major focus of innovation in 2023, building on nearly a decade of leading AI research and development at Wix.
  • "Q4 capped off an incredibly strong year of sustained profitable growth with revenue in the fourth quarter increasing 14% y/y, driven by incredible Partners revenue growth of 38% y/y," added Lior Shemesh, CFO at Wix.