Wix(dot)com has 273 Million Users and Wix Studio Subscriptions are Accelerating. 17 AI Assistants Already Facilitate the web Presence and are Expected to Boost Growth!
Wix(dot)com is the first port of call if you want to build up an automated online presence. It already has 273 million registered users. Wix Studio bookings are accelerating. The 17 AI assistants, which will continue to grow, are seen as a competitive advantage. Wix(dot)com is one of the most exciting companies using AI to improve its products. In Q2, growth amounted to 12% to $435.7 million and EPS climbed by 33%. "Wix Studio" is performing very well. Wix Studio bookings accelerated. Wix Studio is the intuitive way for agencies and companies...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
Already registered? Log In
At an event, Tesla CEO Elon Musk explained his thoughts on the future of the electric car manufacturer and the influence of AI. Investors and Teslafans...
At Adobe MAX, the world's largest creative trade show, held from October 10 to October 12, the leading image-editing software provider unveiled new models...
array (
'ID' => '4787',
'post_author' =>
array (
'ID' => '2',
'user_url' => '',
'display_name' => 'Tabea Kletterer',
'user_registered' => '2023-09-12 13:11:15',
'nickname' => 'TabeaKletterer',
'first_name' => 'Tabea',
'last_name' => 'Kletterer',
'description' => '',
'description_en' => '',
'description_es' => '',
'description_fr' => '',
'description_it' => '',
'name' => 'Tabea Kletterer',
'name_short' => 'T. Kletterer',
'slug' => 'tabea-kletterer',
),
'post_date' => '2024-08-09 12:17:31',
'post_date_gmt' => '2024-08-09 10:17:31',
'post_content' => '
- Wix(dot)com is the first port of call if you want to build up an automated online presence. It already has 273 million registered users.
- Wix Studio bookings are accelerating. The 17 AI assistants, which will continue to grow, are seen as a competitive advantage.
Wix(dot)com is one of the most exciting companies using AI to improve its products. In Q2, growth amounted to 12% to $435.7 million and EPS climbed by 33%. "Wix Studio" is performing very well. Wix Studio bookings accelerated. Wix Studio is the intuitive way for agencies and companies to create exceptional websites. What\'s more, they have integrated 17 AI assistants into their products to help generate domain names, write email subject lines and even create blog posts. The use of the tools is encouraging. Bookings are expected to accelerate to 16 % in the second half of the year. The company now has 273 million registered users. The 2024 forecast has been raised. Bookings are expected to grow by 13 to 14 % instead of 12 to 14 %. Free cash flow is expected to reach $460-470 million instead of $445-455 million.
Management was very satisfied in the conference call because bookings growth accelerated from 10% to 15%. Revenue growth exceeded expectations and the expansion of "Wix Studio", such as with a Figma plugin, as well as the AI capabilities is coming along very well. This makes Wix(dot)com the first port of call when realizing web presences. As mentioned above, Wix(dot)com already has 17 AI assistants online to create blog posts, help with emails or create mobile apps. "These conversational AI assistants act as the user\'s right hand, guiding them through the entire lifecycle of ideating, creating and managing their online presence," it says. The AI capabilities provide a competitive advantage and are expected to drive further growth. UBS analysts now see a target of $205 and benchmark analysts even $225. The technical breakout should start!
',
'post_title' => 'Wix(dot)com has 273 Million Users and Wix Studio Subscriptions are Accelerating. 17 AI Assistants Already Facilitate the web Presence and are Expected to Boost Growth!',
'post_excerpt' => '',
'post_status' => 'publish',
'comment_status' => 'open',
'ping_status' => 'open',
'post_password' => '',
'post_name' => 'wixdotcom-has-273-million-users-and-wix-studio-subscriptions-are-accelerating-already-17-ai-assistants-facilitate-the-web-presence-and-are-expected-to-drive-growth',
'to_ping' => '',
'pinged' => '',
'post_modified' => '2024-08-09 12:17:31',
'post_modified_gmt' => '2024-08-09 10:17:31',
'post_content_filtered' => '',
'post_parent' => '0',
'guid' => 'https://tradertimes.com/wordpress/?p=4787',
'menu_order' => '0',
'post_type' => 'post',
'post_mime_type' => '',
'comment_count' => '0',
'_encloseme' => '1',
'_pingme' => '1',
'magazine' =>
array (
'ID' => '4782',
'post_title' => 'The Trader Times #150 dated August 9, 2024',
'post_content' => '',
'post_date' => '2024-08-09 12:13:26',
'post_type' => 'tradertimes',
'post_mime_type' => '',
'post_parent' => '0',
),
'seo_description' => '',
'seo_image' => '',
'seo_title' => '',
'teaser' => '',
'category' =>
array (
9 =>
array (
'term_id' => '9',
'term_taxonomy_id' => '9',
'name' => 'Top Stories',
'slug' => 'top-stories',
'description' => '',
'parent' => '0',
'lang_term_taxonomy_id' => '8',
'lang_term_id' => '8',
'lang_name' => 'English',
'lang_slug' => 'en',
'translations' =>
array (
'de' => 1,
'en' => 9,
'es' => 13,
'fr' => 17,
'it' => 21,
),
'seo_title' => '',
'seo_description' => '',
'seo_image' => '',
'sub_ids' =>
array (
0 => 9,
),
'link' => '/top-stories/',
),
),
'link' => '/top-stories/wixdotcom-has-273-million-users-and-wix-studio-subscriptions-are-accelerating-already-17-ai-assistants-facilitate-the-web-presence-and-are-expected-to-drive-growth-4787.html',
'image' =>
array (
'ID' => '4786',
'post_title' => 'top story',
'post_content' => '',
'post_date' => '2024-08-09 12:14:04',
'post_type' => 'attachment',
'post_mime_type' => 'image/jpeg',
'post_parent' => '4785',
'src' => 'https://tradertimes.com/files/2024/08/top-story-7.jpg',
'width' => 1400,
'height' => 823,
'sizes' =>
array (
'thumbnail' =>
array (
'file' => 'https://tradertimes.com/files/2024/08/top-story-7-150x150.jpg',
'width' => 150,
'height' => 150,
'mime-type' => 'image/jpeg',
'filesize' => 9190,
),
'teaser' =>
array (
'file' => 'https://tradertimes.com/files/2024/08/top-story-7-632x280.jpg',
'width' => 632,
'height' => 280,
'mime-type' => 'image/jpeg',
'filesize' => 36399,
),
'content' =>
array (
'file' => 'https://tradertimes.com/files/2024/08/top-story-7-1296x823.jpg',
'width' => 1296,
'height' => 823,
'mime-type' => 'image/jpeg',
'filesize' => 192192,
),
'fb' =>
array (
'file' => 'https://tradertimes.com/files/2024/08/top-story-7-1200x628.jpg',
'width' => 1200,
'height' => 628,
'mime-type' => 'image/jpeg',
'filesize' => 120068,
'cpt_last_cropping_data' =>
array (
'x' => 0,
'y' => 45,
'x2' => 1400,
'y2' => 777,
'original_width' => 1400,
'original_height' => 823,
),
),
),
),
'translations' =>
array (
'de' =>
array (
'post_title' => 'Wix(dot)com hat 273 Mio. User und die Abos von Wix Studio beschleunigen sich. Schon 17 KI-Assistenten erleichtern die Webpräsenz und sollen das Wachstum anschieben!',
'post_name' => '',
'ID' => '4785',
'post_type' => 'post',
'link' => '/de/top-storys/-4785.html',
),
'en' =>
array (
'post_title' => 'Wix(dot)com has 273 Million Users and Wix Studio Subscriptions are Accelerating. 17 AI Assistants Already Facilitate the web Presence and are Expected to Boost Growth!',
'post_name' => 'wixdotcom-has-273-million-users-and-wix-studio-subscriptions-are-accelerating-already-17-ai-assistants-facilitate-the-web-presence-and-are-expected-to-drive-growth',
'ID' => '4787',
'post_type' => 'post',
'link' => '/top-stories/wixdotcom-has-273-million-users-and-wix-studio-subscriptions-are-accelerating-already-17-ai-assistants-facilitate-the-web-presence-and-are-expected-to-drive-growth-4787.html',
),
'es' =>
array (
'post_title' => 'Wix(dot)com tiene 273 millones de usuarios y las suscripciones a Wix Studio se aceleran. ¡Ya son 17 los asistentes de IA que facilitan la presencia web y se espera que impulsen el crecimiento!',
'post_name' => 'wixpuntocom-tiene-273-millones-de-usuarios-y-las-suscripciones-a-wix-studio-se-aceleran-ya-son-17-los-asistentes-de-ia-que-facilitan-la-presencia-web-y-se-espera-que-impulsen-el-crecimiento',
'ID' => '4788',
'post_type' => 'post',
'link' => '/es/noticias-principales/wixpuntocom-tiene-273-millones-de-usuarios-y-las-suscripciones-a-wix-studio-se-aceleran-ya-son-17-los-asistentes-de-ia-que-facilitan-la-presencia-web-y-se-espera-que-impulsen-el-crecimiento-4788.html',
),
),
)
