Craigslist 2009: Hitting the $100 million mark
Craigslist, the “free classifieds” site that offers community advertising in 570 markets worldwide but charges only for a tiny percentage of its ads, will generate $100 million in revenue in 2009, according to AIM Group / Classified Intelligence estimates.
That’s an increase of more than 23 percent from Craigslist’s estimated 2008 revenue, making clear that the company continues to grow significantly while many classified-advertising publishers are reporting year-over-year drops of 50 percent or more in certain categories.
The estimate of Craigslist’s revenue is part of an 11-page annual overview of the company in the June 10, 2009 edition of Classified Intelligence Report, cornerstone of our clients-only continuous-advisory service.
But we’re making our Craigslist coverage available to non-clients in a special report, purchasable here for $295.
