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Investors warm up to online website builder Wix.com

Published Sun, Nov 8, 2015 · 09:50 PM

New York

AFTER months of getting the brush off from investors, it seems Wix.com Ltd is finally getting some love.

The Tel Aviv-based company, which provides free online tools to build websites, has rallied 16 per cent in the past month, rebounding from an 11-month low in September. It rose 4.8 per cent last week after reporting a record 140,000 new paying subscribers in the third quarter.