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NASDAQ Welcomes Wix (NASDAQ:WIX) To The NASDAQ Stock Market

Stocks in this article: NDAQ

NEW YORK, Nov. 6, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today that trading of Wix (Nasdaq:WIX), a leading web development platform, commenced on The NASDAQ Stock Market on November 6, 2013.

Wix is a leading global cloud-based web development platform with more than 40 million registered users in over 190 countries. Founded on the belief that the Internet should be accessible to everyone to develop, create and contribute, Wix's drag and drop Editor enables users to easily create and manage beautifully designed, cross-platform web presence themselves. Through the highly curated Wix App Market, users can further boost functionality by seamlessly integrating powerful third-party and Wix-developed web Apps. Founded in 2006, Wix has over 400 employees.

"Today marks the beginning of the next stage for Wix and we're excited to start this journey here at the NASDAQ," said Avishai Abrahami, CEO and co-founder of Wix. "We are confident that we will maintain our growth by continuing to do what we do best: developing amazing products that foresee and respond to our users' needs. Our mission remains the same – continue to help millions worldwide to create and manage an online presence that is exactly the way they imagined it."

"Wix continues to innovate the way users are developing and managing their online presence," said Bruce Aust, Executive Vice President, Global Corporate Client Group, NASDAQ OMX. "We are thrilled to welcome Wix to The NASDAQ Stock Market and look forward a long and successful partnership as Wix continues its journey as a public company."

Since its foundation, NASDAQ has continuously been the exchange of choice for the some of the world's largest and most revolutionary companies. By listing with NASDAQ OMX, Wix joins technology leaders including Apple, Microsoft, Google, Intel, Cisco, eBay, Baidu, and Adobe. NASDAQ is home to over 74 percent of technology companies listed on U.S. exchanges.

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