Wix.com Ltd.

Ladies and gentlemen, thank you for standing by, and welcome to WIC's fourth quarter and four-year 2020 earnings call. At this time, all participant lines are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press star then 1 on your telephone. We ask that you please limit yourself to one question and one follow-up. Please be advised that today's conference is being recorded. If you require any further assistance, please press stars and zero. I would now like to turn the conference over to your host, Maggie O'Donnell, Director of Investor Relations. Please go ahead.

Thanks, Sarah. Good morning, everyone, and welcome to WIX's fourth quarter and full year 2020 earnings call. Joining me today to discuss our results are Abishai Abrahami, our CEO and co-founder, Nir Zohar, our President and COO, and Lior Shemesh, our CFO. During this call, we may make forward-looking statements, and these statements are based on current expectations and assumptions. Please consider the risk factors included in our press release and most recent Form 20F that could cause our actual results to differ materially from these forward-looking statements. We do not undertake any obligation to update these forward-looking statements. In addition, we will comment on non-GAAP financial results and key operating metrics. You can find all reconciliations between our GAAP and non-GAAP results in the earnings materials and our interactive analyst center on the investor relations section of our website, investors.wix.com. With that, I will now turn the call over to Avishai for some opening remarks.

Avishai? Good morning, everybody, and thank you for joining us today. I think that if you look at the numbers, it's kind of obvious to see that this was our best year ever. So it's really exciting for us. But even more than that, I want to point out Two things that might be less obvious that I get excited about even more. And this is that we have incredible, more than doubling growth on e-commerce. And, of course, more than doubling growth on partners, people that are building websites for others. Both those things represent new kind of businesses to which we serve, new revenue streams that we have now on Wix. And both by nature... are compounding, right? E-commerce, because you have more people adding, and also they have more payments, and then on the other hand, all of the partners, because they build multiple websites, that's their business, to be more and more websites. So for us, as Wix, this is a big turning point where we are actually expanding our offering to be much wider. In fact, if you look at that, and you think about the growth rate of Wix, and the size and renewal of things on the Internet, of online presence on the Internet, I believe that it's kind of, well, maybe a bit ambitious, but achievable, right? Assume that in five years, half of all the new things on the Internet will be built on Wix. In fact, I'm so confident about it that I have to say that if we continue to have great execution, then this is something that we should achieve and For me, as the CEO of Wage, this is super exciting. It's really amazing to be in a place that you see such growth in all of the new things we released and, of course, that he positioned us as such a core part of the Internet going forward. So thank you, everybody. Thank you for joining us. And with that, I'm going to go back to Maggie.