Craigslist Adds Cities, Now 300 Strong
According to an article in the Wall Street Journal (sub. req’d) over the weekend and a Monday posting on PaidContent, iconic local community and classifieds site Craigslist has added 72 new U.S. markets and more than 20 internationally. The site is now in 300 cities in the US and abroad and has 10 million uniques a month. Revenues for 2005 were estimated to be as high as $25 million. The Journal article is mystified as to why CL leaves “money on the table.” But that’s part of the homespun appeal of this now powerhouse local Internet brand.
This ClickZ posting speculates on whether Craigslist might eventually give a cut of ad revenues to users. The site reportedly has only 21 employees.
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