Wix Just Hit 200 Million Users, but Is the Stock a Buy?

Brett Schafer, The Motley Fool
·4 min read
Wix Just Hit 200 Million Users, but Is the Stock a Buy?

This accelerated its growth from prior years -- the company added 31 million registered users and one million paying subscribers in 2020 versus 23 million registered users and around half a million paying subscribers the previous year. If these numbers weren't impressive enough, Wix just announced it was acquiring SpeedETab, a mobile ordering solution that Wix will be plugging into its restaurant solutions.