As of 2007, Craigslist operates with a staff of 24 people.[1] Its sole source of revenue is paid job ads in select cities ($75 per ad for the San Francisco Bay Area; $25 per ad for New York, Los Angeles, San Diego, Boston, Seattle, Washington D.C., Chicago and recently Portland, Or) and paid broker apartment listings in New York City ($10 per ad).

The site serves over nine billion page views per month, putting it in 56th place overall among web sites world wide, ninth place overall among web sites in the United States (per Alexa.com on January 10, 2008), to over thirty million unique visitors. With over thirty million new classified advertisements each month, Craigslist is the leading classifieds service in any medium. The site receives over two million new job listings each month, making it one of the top job boards in the world.[2] The classified advertisements range from traditional buy/sell ads and community announcements, to personal ads and even erotic services.

In December 2006, at the UBS Global Media Conference in New York, Craigslist CEO Jim Buckmaster told Wall Street analysts that Craigslist has little interest in maximizing profit, instead preferring to help users find cars, apartments, jobs, and dates.[3][4]

The company does not formally disclose financial or ownership information. Analysts and commentators have reported varying figures for its annual revenue, ranging from $10 million in 2004, $20 million in 2005, and $25 million in 2006 to possibly $150 million in 2007.[5][6][7] It is believed to be owned principally by Newmark, Buckmaster, and eBay (the three board members). eBay owns approximately 25%, and Newmark is believed to own the largest stake.[8][7][9]

eBay also has a really sweet classified ad format within it’s auction site that they just started a little while back. I am still testing these ads. It cost $10 for a month, but hey that’s pennies for the traffic. They look just like the regular auctions. It’s quite neat anyway they don’t allow them in every section yet, but in enough to get started and make some money.

Kenney
Shake-A-Stick Marketing

I never heard about eBay buying Craigslist. If they did, it doesn’t make any sense for them to come out with Kijiji.

Who knows, maybe they want ALL of the classified ad users? LOL

Thanks for stopping by and commenting.

Don

Did they sell them??