Sunday, April 18, 2021

Wix.com buys SpeedETab to strengthen restaurants platform

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JERUSALEM (Reuters) – Wix.com, which helps small businesses build and operate websites, said on Tuesday it bought U.S.-based ordering and payment technology provider SpeedETab to help bolster its restaurant platform.

Terms of the deal were not disclosed.

Wix said the global user base of Wix Restaurants — which allows restaurant owners to offer online services like taking orders, reservations and payments — grew sharply the past year as restaurants shifted focus to virtual ordering, delivery, and pickup options.

Last week, Wix said it reached 200 million users.

(Reporting by Steven Scheer)

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