ARR
$1.6B (+12.5%)
Dec 2023 VS Dec 2022
Employees
5.2K (+13.8%)
Mar 2024 VS Dec 2023
Founded
2006
Dec 2006
Wix
Wix is a provider in the No-code website builders market segment. It offers a platform that enables users to create, design, manage and develop their own websites and applications without any coding skills. The company operates with a team of 5235 employees.
URL: No URL provided
Market Segment: No-code website builders
Analysis
The data provided gives some insight into the performance of the No-code website builder provider, Wix. The Annual Revenue of Wix stands at a substantial $1,562,000,000.0. This high revenue indicates a successful business model and a strong customer base, confirming Wix's strength in the market. The company also has a significant number of Users, standing at 260,000,000. This large user base points towards a high demand for Wix's services and its ability to retain and attract users. However, with 5,235 Employees, it's essential to consider the efficiency of the operation. The revenue and user base relative to the number of employees could suggest a highly efficient operation if the revenue per employee and users per employee ratios are high. Overall, these metrics point towards a strong performance by Wix in the No-code website builders market.
Timeline
2024-06
Users: 260.0M
2024-03
Employees: 5.2K
2023-12
Annual Revenue: $1.6B
Employees: 4.6K
2022-12
Annual Revenue: $1.4B
Employees: 5.0K
Users: 238.0M
2021-12
Annual Revenue: $1.3B
Employees: 5.0K
Users: 220.0M
2020-12
Annual Revenue: $984.0M
Employees: 3.0K
Users: 200.0M
2020-08
Funding: $500.0M
2019-12
Annual Revenue: $761.0M
Users: 165.0M
2013-11
Funding: $127.0M
2011-03
Funding: $40.0M
2010-03
Funding: $10.0M
2008-10
Funding: $3.5M
2007-12
Funding: $5.0M
2006-12
Founded: 2006