Hostinger become the world’s fastest growing web hosting company

Lithuanian web hosting company Hostinger grew by 57% with revenues of €110.2 million in 2023 and a positive EBITDA according to the latest earnings report. This makes Hostinger the 5th largest web hosting company by market share, overtaking many competitors including GoDaddy.

Daugirdas Jankus, CEO of Hostinger, said: “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. 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.”

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