For this year, Craigslist is expected to be earning $100 million in their revenue which is higher by 23% compared to last year’s revenue. This is contrary to all the accusations and debates about Craigslist and the crimes that had transpired with connection to the online classified ads site. The $100 million revenue is the highest so far for Craigslist in the many years that they’ve been serving people online.
With the economy decline in many businesses and including other classified listings such as newspapers, Craigslist continues to expand and earn more during times of crisis particularly because of its job board. With many people logging in everyday in search of jobs, it’s no wonder why it’s gaining more this year comparatively so from last year and previous years. There are several small jobs being posted online and people visit Craigslist to find small jobs that they can do to pay the bills. The more they visit Craigslist, the more popular and higher revenue generating the online classified ads become.
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