Wix is worth $20 billion

Posted on: Sunday, March 7th, 2021

Website construction tools company Wix.com has become Israel’s most valuable company. Its market value of nearly $20 million tops that of Check Point, Solar Edge, Novocure, Nice Systems and Teva. Wix earned almost $1 billion in revenue in 2020 and, due to expansion, it is still not making a profit!