The big “news” in the classifieds space has been about Craigslist and the site coming under pressure to make changes in its erotic services ads. But there’s a bunch of other stuff going on. . .
eBay owned Kijiji (whose growth has stalled somewhat) is reportedly considering a name change to “eBay Classifieds.” (Recall that eBay owns a significant minority stake in Craigslist and the two companies are in litigation. I’m unaware of its status.) In the meantime, Kijiji has been busy adding features, including Twitter and Facebook integration (@KijijiUS). Not long ago the site also added a bunch of new functionality:
- Category icons
- Watch Ad function
- Résumés Category
- Swap/Trade Category
- Foreclosure & REOs section in Housing Category
- Enhanced Ad Reporting
New York-based classifieds purveyor, OLX, which operates in the US but has greater strength in non-US markets, raised more money $18 million over two recent rounds, for a total of roughly $29 million in VC funding to date.
Earlier this month MySpace launched classifieds in Canada, powered by Oodle:
Even with all the negative publicity, the primitive functionality and the competition from a number of powerful companies, Craigslist continues to dominate the segment and has arguably been one of the biggest beneficiaries of the recession. (Don’t take the traffic data comparing CL, Kijiji and OLX below as actual, but rather directional.)
Source: Compete (CL is the blue line)