Here's Why Wix Just Launched a Mobile App for Customers

After wrapping up its latest fiscal year, Wix (NASDAQ: WIX) CEO Avishai Abrahami optimistically said he believes Wix could power 50% of anything new built on the internet within five to seven years. To fulfill that goal, Wix is going to have to build out a comprehensive suite of tools to meet every possible need, and this latest innovation is one step in that direction. 

Last week the drag-and-drop website building and hosting platform launched its first customer-facing mobile app, called Spaces. Let's take a look at what this could ultimately mean for Wix shareholders.

Image source: Getty Images.

Continue reading

Source Fool.com