Price increases lead to escort-ad revenue gains
23 Jan 2012
Thanks to price hikes, Backpage.com increased its prostitution advertising revenue by 25.6 percent in December to $2.6 million, up from $2.1 million in November, and set a monthly revenue record.
Revenue growth at Backpage led to a record-setting performance for combined revenue at five websites carrying escort and body-rub services in 23 U.S. cities. The five sites generated an esti