Craigslist expands UK service in major push
by Jacquie Bowser Brand Republic 16-Apr-08, 11:30
LONDON - US classified site Craigslist has added an extra 120 cities, including a number in the UK, to the areas that it covers, further increasing the threat to struggling newspaper publishers relying on dwindling paid classified advertising for revenues.
The new UK additions include Bath, Coventry, Derby, Dundee, Essex, Kent and Nottingham.
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Craigslist, which launched in San Francisco in 1995, contains jobs, housing, goods, services, local activities and advice. It does not charge individuals to advertise, as a paper might, nor does it take a cut of sales in the manner of eBay. Similarly, it does not carry ads.
Instead, the site obtains its revenue from charging businesses in US cities to place job ads.
Craigslist receives more than 9bn page views per month and its users self-publish more than 30m new classified ads each month, according to the site.
Newmark: Craigslist owner announces addition of 120 cities
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