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Writer's picturemeowdini
May 302 min read

How Hostinger Surpassed €110M in Revenue with AI-Driven Growth

In a remarkable stride, web-hosting startup Hostinger has reached a significant milestone, crossing €110 million in revenue for the first time in its history. The Lithuanian company, founded in 2004, attributes this impressive 57% year-on-year growth to the strategic adoption of artificial intelligence (AI) across its services. From increasing its customer base to optimizing internal operations, AI has played a crucial role in Hostinger's success story for 2023.


Discover how Hostinger achieved over €110M in revenue in 2023, thanks to AI-driven tools and strategies. Learn about their growth, key milestones, and plans.


Key Points:

  1. Revenue Milestone: Hostinger's revenue soared to €110.2 million in 2023, marking a 57% increase from the previous year.

  2. EBITDA Profitability: Hostinger achieved EBITDA profitability for the first time, reaching €2.4 million.

  3. AI Adoption: AI tools significantly boosted Hostinger's growth by enhancing customer acquisition and reducing operational costs.

  4. Customer Growth: The customer base expanded by 57%, totaling 2.42 million, with France, the US, India, Brazil, and Indonesia leading in user numbers.

  5. Product Innovations: Hostinger introduced AI tools for website building, tailored web addresses, and optimized content generation.

  6. Operational Efficiency: The company automated several business functions, handling increased demand without additional hiring.

  7. Future Outlook: CEO Daugirdas Jankus expressed confidence in maintaining a 60-70% growth rate in 2024, leveraging untapped market potential.



Hostinger's journey to surpassing €110 million in revenue showcases the transformative power of AI in modern business. By leveraging AI-driven tools, the company expanded its customer base and achieved operational efficiencies that contributed to its financial success. As Hostinger looks forward to sustaining its impressive growth trajectory in 2024, it stands as a testament to the potential of AI in revolutionizing the web-hosting industry.



Source:Thenextweb

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