WIX | Jotup

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

Retrieved on:

Tuesday, April 9, 2024

Online, Create, E-commerce, GM, Software as a service, Growth, Social media, Running, Flexible, Wix, Shop, WIX, Collection, Marketing, Cryptocurrency

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."

CENIC Recognizes Pacific Northwest Gigapop for Efforts that Expand Research and Education Networking in North America and Beyond

Retrieved on:

Monday, March 11, 2024

The CENIC Innovations in Networking Awards recognize exemplary people, projects, and organizations that leverage high-bandwidth networking.

Key Points:

The CENIC Innovations in Networking Awards recognize exemplary people, projects, and organizations that leverage high-bandwidth networking.
The PNWGP is renowned for its expertise in connecting diverse institutions, fostering collaborative environments, and driving technological innovation.
Through their work, PNWGP has effectively bridged geographic and institutional boundaries, enabling researchers and educators to access and share vast resources seamlessly.
It provides advanced, robust high-speed networking for research, education, and related uses leveraging Internet2’s optical infrastructure.

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

Retrieved on:

Monday, March 18, 2024

Wix, WIX, Share repurchase

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.

CANARIE, ESnet, GÉANT, and Internet2 Unveil Highest Capacity Transoceanic Connectivity for Research and Education

Retrieved on:

Thursday, March 14, 2024

WASHINGTON, March 14, 2024 /PRNewswire/ -- Internet2, in a joint effort with CANARIE, the Energy Sciences Network (ESnet), and GÉANT, announced today a major expansion of 400 gigabits per second (Gbps) transoceanic circuit capacity dedicated to transferring research and education (R&E) data. As part of the Advanced North Atlantic (ANA) collaboration, this marks a significant achievement in high-speed connectivity between North America and Europe, supporting data-intensive science globally.

Key Points:

The joint effort adds three 400 Gbps spectrum circuits between exchange points in the U.S., U.K., and France.
The collaboration among CANARIE, ESnet, GÉANT, and Internet2 to leverage the new subsea infrastructure started in 2020, following an R&E community-driven proposal to modernize and augment intercontinental connectivity to support research.
With the addition of the new circuits, the combined capacity of the ANA collaboration's trans-Atlantic network is now 2.4 Tbps.
"Being among the first to deliver spectrum-based 400 Gbps transoceanic connections dedicated to research and education is a truly pioneering achievement," said James Deaton, vice president of Network Services at Internet2.

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

Retrieved on:

Monday, March 4, 2024

Algorithm, Friction, AI, Life, Entrepreneurship, Synthetic media, Software as a service, CRM, E-commerce, WIX

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

CFO, Vistaprint, Total, AI, Growth, Rule, GAAP, History, Software as a service, Business, Wix, Yoy, Public expenditure, Acceleration, LegalZoom, Partner, Research, WIX, Partnership, Cardboard

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.

Wix Partners with Global-e to Empower Online Merchants to Expand Their Global Reach and Seamlessly Sell Internationally

Retrieved on:

Tuesday, February 20, 2024

Online, Growth, Software as a service, E-commerce, WIX, Partnership, Online shopping

NEW YORK, Feb. 20, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform to create, manage, and grow a global digital presence1, today announced a strategic partnership with Global-e Online Ltd. (Nasdaq: GLBE), the global leader of Direct-To-Consumer cross border eCommerce enablement, to offer Wix merchants an advanced international cross-border selling solution. This partnership builds on Wix's robust eCommerce capabilities, empowering merchants to expand their businesses by tapping into Global-e's industry-leading cross-border functionalities, providing an opportunity to effortlessly enter and sell in new global markets.

Key Points:

Key features of the partnership include:
Multi-Currency Selling Without Boundaries: Wix merchants can seamlessly present pricing and accept payments in more than 100 currencies, enabling their global customers to browse and buy in their local currency.
Country-Specific Pricing: Wix merchants gain the flexibility to set different prices for products in different countries to better cater to regional markets.
Our collaboration with Global-e removes the complications involved in selling online internationally, enabling Wix merchants to maximize their reach globally, breaking down barriers to international commerce," said Oren Inditzky, VP of Online Stores at Wix.
"Global-e's expertise in global eCommerce aligns seamlessly with our mission to democratize eCommerce and empower online businesses of all sizes around the world.

Wix Announces Completion of $300 Million in Share Repurchases

Retrieved on:

Thursday, February 15, 2024

Wix, WIX, Security (finance)

NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Wix.com Ltd .

Key Points:

NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Wix.com Ltd .
(Nasdaq: WIX), today announced that it has completed $300 million in share repurchases, which received court approval in December 2023 and is part of the authorization by its Board of Directors approved in August 2023.
The Company repurchased 2,401,695 outstanding Wix ordinary shares, representing approximately 4% of total shares outstanding, at an approximate volume-weighted average price per share of $124.91.
Pursuant to its Board of Directors' authorization of share repurchases of 50% of projected free cash flow through 2025 (excluding costs associated with the Company's new headquarters office build out), Wix is in the process of pursuing the necessary approvals for $225 million in additional share repurchases.

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

Retrieved on:

Tuesday, February 13, 2024

Morgan Stanley, Conference, Wix, WIX, PST

NEW YORK, Feb. 13, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that Wix management will participate in a fireside chat at Morgan Stanley's Technology, Media & Telecom Conference on Monday, March 4th at 12:40 p.m. PST.

Key Points:

NEW YORK, Feb. 13, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that Wix management will participate in a fireside chat at Morgan Stanley's Technology, Media & Telecom Conference on Monday, March 4th at 12:40 p.m. PST.
The event will be available via live audio webcast and archived replay on Wix's investor relations website: https://investors.wix.com .

Deliveright Announces Collaboration With Wix to Simplify Heavy Goods Deliveries, Power Real-Time Order Tracking

Retrieved on:

Monday, February 5, 2024

The partnership will simplify heavy goods shipping for Wix merchants and enable the best possible delivery experiences for their customers through automation.

Key Points:

The partnership will simplify heavy goods shipping for Wix merchants and enable the best possible delivery experiences for their customers through automation.
According to a Forrester report , consumers are increasingly choosing brands that go the extra mile to make them feel empowered.
By partnering with Deliveright, Wix merchants can take control of all stages of fulfillment, from the first to the final mile of the delivery.
“Deliveright are experts in heavy goods and special handling shipping, and this collaboration enhances our existing shipping solutions and adds more shipping coverage and options for our users.”
To learn more about the Deliveright and Wix integration, visit Wix.com .