Wix.com hits 200 million user milestone, says will continue to invest

Platform News: Wix

Wix.com, which helps small businesses build and operate websites, has said it had reached 200 million users globally after adding by more than 31 million users in 2020.

The increase comes amid a surge in demand from companies wanting to create an online presence due to the coronavirus pandemic.

“The trend of businesses, brands and commerce moving online accelerated in 2020, and we believe this momentum will continue to 2021,” said Nir Zohar, Wix’s president.

The Israeli company said it will continue to invest across multiple areas of its business, including product development and infrastructure.

Last week, Wix.com said it expects to grow by one third in 2021. It also said it had planned $60 million of investments this year, including adding more than 600 staff.

At the end of 2020, it had 196.7 million subscribers, 5.5 million of which were premium subscriptions.

The team at Platform Executive hope you have enjoyed the ‘Wix.com hits 200 million user milestone, says will continue to invest‘ article. Translation from English to other languages via Google Cloud Translation. Initial reporting via our official content partners at Thomson Reuters. Reporting by Steven Scheer.

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