Investors warm up to online website builder Wix.com
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.
TRENDING NOW
Singapore developer in limbo after Timor-Leste scraps major township project
The end of Dubai? After the war, the UAE faces a hard road back to its shining past
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Jack Ma-backed Ant Group unit Anext Bank appoints CEO-designate