{"id":18374,"date":"2014-03-31T12:55:44","date_gmt":"2014-03-31T16:55:44","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=18374"},"modified":"2014-03-31T12:55:44","modified_gmt":"2014-03-31T16:55:44","slug":"wix-com-ltd-nasdaqwix-resources-ltd-withdraws-registration-statement-for-proposed-offering","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/wix-com-ltd-nasdaqwix-resources-ltd-withdraws-registration-statement-for-proposed-offering-18374","title":{"rendered":"Wix.Com Ltd (NASDAQ:WIX) Resources Ltd. Withdraws Registration Statement for Proposed Offering"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 03\/31\/2014 (wallstreetpr) &#8211;\u00a0Adverse market conditions has been cited as the main reason behind <b>Wix.Com Ltd (NASDAQ:WIX) <\/b>decision to withdraw its earlier proposed offering for its ordinary shares. Subsequently, Wix.com has confirmed it has withdrawn its registration statement on Form-1, which it had filed on March 20, 2014.<\/p>\n<p style=\"text-align: justify;\">The leading global web development platform had already selected JPMorgan Securities LLC and BofA Merrill Lynch as the lead bokrunners for the proposed offering. Shares that were to be sold between the company and existing shareholders had not been determined.<\/p>\n<p style=\"text-align: justify;\"><b>\u00a0Wix Acquires Code-Free Mobile Commerce Native App Appixia<\/b><\/p>\n<p style=\"text-align: justify;\">Wix.Com Ltd (NASDAQ:WIX)<b> <\/b>recently announced it had completed full acquisition of Appixia, a platform that can be used to build a wide range of native mCommerce Applications. This marks another milestone in the company\u2019s effort to strengthen its technological advantage over its competitors as well as increase its product depth offering.<\/p>\n<p style=\"text-align: justify;\">\u00a0Both companies provide code-free solutions empowering to small business which should be beneficial going forward to entrepreneurs and individuals who would wish to better manage their businesses. Appixia app will allow retailers to carry out complex and costly development process freely and affordably, with the help of Wix.Com Ltd (NASDAQ:WIX)\u2019s comprehensive cloud based technology, businesses are sure to get a wide range of business solutions online.<\/p>\n<p style=\"text-align: justify;\"><b>\u00a0What Appixia will be offering to its users<\/b><\/p>\n<p style=\"text-align: justify;\">Appixia\u2019s technology will be beneficial in complimenting Wix.Com Ltd (NASDAQ:WIX)\u2019s expansive product suite line while perfectly complimenting the company\u2019s philosophy and offering. Appixia will come hand in hand in enabling users to build and launch feature rich native mCommerce apps on iOS and Android. Wix users continue to build up to 30,000 new sites each day, making site, one of the fastest growing sites in the world.<\/p>\n<p style=\"text-align: justify;\"><b>\u00a0Winstar launches a new money support system<\/b><\/p>\n<p style=\"text-align: justify;\">Wix.com has also announced it has entered into a partnership agreement with <b>Yandex NV (NASDAQ:YNDX)<\/b>, the largest online payment service in Russia. The new partnership is aimed at providing Wix users a new payment system online.<\/p>\n<p style=\"text-align: justify;\">\u00a0Yandex currently has 16 million accounts and registers the opening of up to 10,000 new accounts each day, second to none in terms of electronic money transfer in Russia. The new partnership will be of help in enabling the company venture into new geographies as part of its expansion strategy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 03\/31\/2014 (wallstreetpr) &#8211;\u00a0Adverse market conditions has been cited as the main reason behind Wix.Com Ltd (NASDAQ:WIX) decision to withdraw its earlier proposed offering [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":18376,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2236],"tags":[5702,1657,5701,4669],"stock_ticker":[],"class_list":["post-18374","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-nasdaqwix","tag-nasdaqyndx","tag-wix-com-ltd-nasdaqwix","tag-yandex-nv-nasdaqyndx","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Wix.Com Ltd (NASDAQ:WIX) Resources Ltd. 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