Google Ponders Online Classifieds
Tuesday, 15. November 2005 - 9:53 am
INVESTOR'S BUSINESS DAILY — Nov 10 — Googlehas revealed it will move into the billion-dollar market for online
classified ads. That revelation comes at a time when its chief rival, Yahoois losing ground – at least in terms of visitor traffic – in its
classifieds business. In September, Yahoo's classified pages
attracted 573,000 unique visitors, down 42% from September 2004 per
comScore. Yahoo is the No. 1 site on the Web, with 169 million
unique visitors in September. Google ranks No. 4, at 87 million.
U.S. online classified revenue is expected to jump to $3.6 billion in
2010 from $1.8 billion last year, says Jupiter. Craigslistis tiptoeing ever so slowly into the for-fee arena. The company charges
a fee only for job listings in the San Francisco, Los Angeles and New
York markets. Craigslist has considered charging for real estate
listings. FULL ARTICLE @ INVESTORS WEEKLY
Mark Brooks: Craigslist is one of the thorns in Google and Yahoo's side. See Craigslist growth over the last 2 years … Alexa Rank