INVESTOR’S BUSINESS DAILY — Nov 10 — Google has revealed it will move into the billion-dollar market for online classified ads. That revelation comes at a time when its chief rival, Yahoo is 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. Craigslist is 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.
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Mark Brooks: Craigslist is one of the thorns in Google and Yahoo‘s side. See Craigslist growth over the last 2 years … Alexa Rank