Lithuanian web hosting company Hostinger grew by 57% with revenues of €110.2 million in 2023 and a positive EBITDA according to its latest earnings report, making it the fifth largest web hosting company by market share, overtaking long-time rivals including GoDaddy.
“Each year, we are growing rapidly towards our ambitious goal of becoming the world’s No. 1 web hosting business. 2023 was no exception when we steadily grew our results,” noted Daugirdas Jankus, CEO of Hostinger.
“While we may look like a big business in our region, we still have a long way to go in the global market. We will continue to compete for the best talent, learn fast, and apply our knowledge to develop competitive products.”
Hostinger also says it has made many behind the scenes updates improving speed with…
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