Wix has a unique position as a hosting company.
You probably don’t think about it but you own a domain.
The Wix website is a place where you can sell your domains, which are usually worth anywhere from $1,000 to $10,000 depending on the brand, and get paid in exchange.
The company was founded by a bunch of college buddies who thought that selling domains for pennies was a good way to help pay for college, and they had a ton of success selling domains on the site.
Now Wix, which also has its own web hosting service, is taking a page from the book of selling domain names.
The site has launched a domain naming service for $1 million, and now it’s going to sell you $40 million worth of domains.
Wix says the domain sale is being done on behalf of a new investor.
The new investor will get the domain name in exchange for 10% of the price of the domain, so Wix gets to pocket $1 billion.
The domain sale was announced last week, and Wix is still accepting domain requests right now, so this is just a placeholder date.
We’ll keep you updated as more information becomes available.
The goal of the $40m is to build a new company that will focus on the domain and the web.
The sale will be a mix of hosting and hosting related products.
In other words, the new company will focus not just on the hosting side of things, but also the web and mobile products.
We’re told Wix expects to take $3 million from the sale, with about $1m coming from its parent company, Godaddy, and the rest coming from investors including Andreessen Horowitz.
Wex will also be building a mobile marketing service, so it could be an interesting foray into the mobile world.
Waxx will be the main competitor to Wix.
WEx is a domain name registry that lists domain names for free.
WX will be another domain name registrar, but the deal is still not public.
WEX said it is also looking at buying other domain names from other registrars for its $2.5 million investment.
It is also selling domain registration services, including a domain search tool, domain registration and registration management services, and a website and mobile application management.
It’s a big investment for a company that’s only been around for six months.
It will be interesting to see how the new Wix develops over the next year.