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Craigslist Cars And Trucks For Sale
Like Craigslist, UsedCarSale.com Is A
Free Service To Both Buyer And Seller.
Craigslist.org was founded in 1995 by Craig Newmark for the San
Francisco Bay Area. After incorporation as a private for-profit company in 1999,
Craigslist expanded into nine more U.S. cities in 2000, four each in 2001 and
2002, and 14 in 2003. As of September 2007, Craigslist has established itself in
approximately 450 cities in 50 countries.
As of 2007, Craigslist operates with a staff of 24 people. 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 Portland, Oregon – 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 47th place
overall among web sites world wide, ninth place overall among web sites in the
United States (per Alexa.com on August 21, 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. 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.
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. 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.
Craigslist Cars And Trucks For Sale
Like Craigslist, UsedCarSale.com Is A
Free Service To Both Buyer And Seller.
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