Craigslist predicted to post revenue of $100 million
Posted by Simon Day on June 10, 2009 at 9:59 AM
Online classified ad site Craigslist is forecast to earn more than US$100 million in revenue for 2009, according to a new Classified Intelligence report, published by AIM Group, a media and Web consultant firm in Orlando, Fla, The New York Times reported Tuesday.
This revenue estimate is a 23 percent increase from 2008 and giant jump from 2004 when the site earned about $9 million.
“This is a down-market for just about everyone else but Craigslist,” said Jim Townsend, editorial director of AIM Group, according to The Times. ..read more
