Wix.com shares jump over 10%, posts 13% revenue growth

Wix.com shares jump over 10%, posts 13% revenue growth

Tech in Asia·2024-11-21 13:00

Website-building platform Wix.com’s shares jumped more than 10% on Wednesday.

It also reported US$444.7 million in third-quarter revenues, reflecting a 13% increase compared to the previous year.

Bookings are expected to grow by 15%, reaching US$1.83 billion by the end of 2024.

Wix.com reported a slight increase in its workforce, now totaling 5,308 employees. The company says this change is a temporary fluctuation rather than an expansion.

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