Wix
registered users increased million during the quarter bringing our total user base to million as of the end of premium subscriptions increased year over year to million we added net premium subscriptions during the quarter conversion of new registered users to paid subscriptions during the quarter improved once again during and reached a new all time high the continued improvement in conversion is a result of ongoing enhancements to our editor platform and the improved functionality of our collections per new annual subscription in the us increased for the fourth consecutive quarter to and we exited with collections per new subscription higher than at the end of this increase was mainly due to a higher mix of subscriptions for higher tiered packages and those with a vertical application as well as increasing market purchases added more new vertical application subscriptions during than in any quarter to date the percent of new subscriptions with a vertical application attached continues to increase highlighted by of our net subscriptions in coming from commerce subscriptions growth of commerce and other transaction enabled subscriptions continues to exceed our overall subscriptions growth underscoring our broad reach with all many types of small businesses we ended with commerce subscriptions positive trends continue with we have made enhancements to since it launched and remain very excited by the trends we are seeing and its positive impact on our conversion and vertical application adoption | Wix
Company
Wix
Deck Type
Sector
Industry
Deck date
February 2017
Slide
4 of 16
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